ODOT: New CRC bridge is financially feasible

ODOT: New CRC bridge is financially feasible

Credit: ColumbiaRiverCrossing.org

ODOT: New CRC bridge is financially feasible

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by KGW Staff

NWCN.com

Posted on January 8, 2014 at 11:21 AM

Updated Wednesday, Jan 8 at 11:56 AM

PORTLAND -- There may be new financial life for the Interstate 5 bridge project, according to a report just released by the Oregon Department of Transportation.

The report said that money generated by tolls could cover half of the Columbia River Crossing project's $2.7 billion cost.

The report did not specify exactly how much would be charged in toll fees, but it did state that they would be at or below the national average.

Washington's legislature pulled out of funding the project last July and since then, the State of Oregon has been researching whether it could complete the project alone.

More: Complete ODOT CRC report

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