Infrastructure

DALLAS - With its debt already at a record level, the North Texas Tollway Authority waived a $3.2 billion project offered by the Texas Department of Transportation.

BRADENTON, Fla. - The trustee for the Santa Rosa Bay Bridge Authority's $115.9 million of defaulted bonds is providing financial support to entice volunteers to serve on the authority's board, according to the Florida state representative who negotiated the deal.

BRADENTON, Fla. - The Georgia Department of Transportation Monday issued a request for proposals for the state's first public-private partnership concession.

CHICAGO - A new independent study on a controversial plan to build a publicly funded bridge in Michigan says proposed bond covenants would protect state taxpayers if toll revenues fall short of expectations, but that interest rate costs could push the price tag past $4 billion.

Members of the Michigan Legislature’s Senate Economic Development Committee said they would extend a series of hearings on whether to advance a plan to build a $3.8 billion, publicly funded bridge spanning the busy trade route between Detroit and Canada.

Detroit Mayor Dave Bing is expected to hand over management of a high-profile, $528 million light-rail project to the Detroit Economic Growth Corp.

WASHINGTON - Virginia has received conditional approval to put tolls on Interstate 95 under the federal government's Interstate Reconstruction and Rehabilitation Pilot Program.

BRADENTON, Fla. - The Louisville and Southern Indiana Bridges Authority is asking construction industry professionals and others to help it build the Ohio River Bridges Project faster and less expensively.

DALLAS - Denver International Airport plans to take advantage of historically low interest rates with $425.9 million of refunding bonds as it pursues a major expansion.

President Obama has signed the bill extending Federal Aviation Administration and highway funding.