BRADENTON, Fla. — The Santa Rosa Bay Bridge Authority, which oversees the Garcon Point Bridge in north Florida, appears to be headed for default in July.

The authority's secretary-treasurer said on Monday it was hoped that default could be averted if a grant could be obtained to subsidize lower tolls and traffic recovered from the April 20, 2010 Gulf oil spill that affected the state's Panhandle region.

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