Infrastructure

Kentucky and Indiana officials announced last week that they reached consensus on a basic plan to finance and build the $2.6 billion Ohio River Bridges Project.

Amid the biggest building binge in its history, the North Texas Tollway Authority ranked as the top debt issuer in the Southwest in 2011, with more than $2.1 billion sold, according to Thomson Reuters.

Children’s Memorial Hospital’s plans to build a heliport on the roof of its partially bond-financed hospital under construction in downtown Chicago is being challenged by a community group.

The North Texas Tollway Authority board has agreed to pay legal fees for board member David Denison, who is involved in an investigation by the Federal Bureau of Investigation.

The San Diego Association of Governments approved the $345 million purchase of a bankrupt toll road from a private operator at its Dec. 16 board meeting.

Moody’s Investors Service has downgraded the Piedmont Triad Airport Authority to A3 from A2.

Transportation officials and lobbyists will be watching Capitol Hill early next year, hoping lawmakers pass long-term reauthorization legislation funding aviation and surface programs that would bring much-needed stability to the sectors.

A Cook County Circuit Court judge last week dismissed a lawsuit challenging the Illinois State Toll Highway Authority’s steep increase in tolls that will take effect Jan. 1 to fund a $12 billion capital program.

The Southern California Logistics Airport Authority has defaulted on more bonds after discovering it can't use reserves to make principal payments for some of its debt.

The Washington Department of Transportation is set to begin tolling on the State Route 520 floating bridge on Dec. 29.