Sources are telling Insider Louisville that Congressman John Yarmuth and Indiana Gov. Mitch Daniels have called a 4:30 p.m. news conference to announce that Daniels and Kentucky Gov. Steve Beshear have a new bridge financing plan.
Kentucky will build the downtown bridge, and Indiana will build the eastern bridge.
Which makes sense, because Indiana business parks will benefit most from an East End bridge.
Here’s the teaser news release we just got from Yarmuth’s office:
Yarmuth Statement on Bridges Agreement
LOUISVILLE – Today, Congressman John Yarmuth (Ky-03) issued the following statement on the agreement in principle between Kentucky Gov. Steve Beshear and Indiana Gov. Mitch Daniels to fund the Ohio River Bridges Project.
“It is very encouraging that Kentucky and Indiana have agreed on a financing plan for the Ohio River Bridges Project,” Congressman Yarmuth said. “This appears to be fair and reasonable for both states, and splitting up the project lowers costs for everyone. With this hurdle cleared, the next major step is for the Kentucky General Assembly to approve the plan.”