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LOUISVILLE, KY. (WDRB Fox 41) -- One-dollar tolls for those who frequently use the Ohio River Bridges in Louisville are the so-called target rate to help pay for the $4 billion dollar Ohio River Bridges Project. The one dollar toll is the amount set Thursday by the Finance Committee of the Bridges Authority.
Dan Borsch was one of a number of people who packed a room at Kye's in Jeffersonville Thursday morning for the meeting. "Monday it was 75 cents, today it's a dollar, what is it going to be tomorrow," asked Borsch.
The committee says it still needs to see the results of traffic studies and revenue forecasts to determine the actual toll rate, but that one dollar is the target rate for local drivers.
"I do think, and I have said repeatedly that it has to be fair and reasonable and I think it is a reasonable number," said Committee Chairman Kerry Stemler.
The authority is still awaiting for the federal government to decide if tolls can be placed on existing bridges. Stemler says the goal of the Bridges Authority is to keep tolls as low as possible.
But critics remained unconvinced. "We can build bridges, we can build $200 million bridges, we don't need a $4 billion project," says Borsch.
The committee has also set a target date of August 2010 to begin construction of an East End bridge. It will take about four years to complete, according to Stemler.
He says it's his belief that tolls will pay for about a third of the cost of the $4.1 billion Ohio River Bridges project.