April 9, 2012

The Coalition working for you

NEWS: Rep. Gara to Point Out Potential $2+ Billion State Liability for “Private” Knik Arm Bridge Project;

“Until 2 years ago the state and federal officials promised the Knik Bridge would be built with private funds, and operated by a private company. With a new Governor and new mayor in Anchorage, that has changed. Now the state is likely on the hook for upwards of $2 billion or more in liability to the “private” developer when tolls don’t pay for the cost of construction and operation of the project,” said Rep. Gara.

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