Indiana Finance Authority director who oversaw Ohio River bridge - WDRB 41 Louisville News

Indiana Finance Authority director who oversaw Ohio River bridge financing leaves job

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LOUISVILLE, Ky. (WDRB) -- Kendra York, who guided the financing for a long-awaited Ohio River bridge in eastern Clark County, Ind., has left her job as director of the Indiana Finance Authority.

York said in a brief telephone interview she resigned last Friday to become director of planning and economic development for American Structurepoint, an Indianapolis architecture and engineering firm.

Dan Huge has been named interim director of IFA, which also helps finance state office buildings, prisons, hospitals and highways. In addition, the agency oversees loan programs for sewage and drinking water projects and the Indiana Brownfields Program and aided with financing Lucas Oil Stadium, home of the National Football League's Indianapolis Colts.

Gov. Mike Pence said in a statement that he commends York's work "to ensure the state's effective and innovative financial operations."

York joined IFA in 2007 and served as the state's public finance director starting in 2011. The authority oversaw the borrowing and other financial aspects of the state's portion of the $2.3 billion Ohio River Bridges Project's eastern crossing – a new span between Utica, Ind., and Prospect, Ky., and the approach roads on both sides of the river, including a tunnel in Kentucky.

"Leaving my role with the IFA is bittersweet, as you can imagine," York said in an email. "I had the opportunity to serve under two governors, both with deep passion and hope for the people of Indiana."

York also called the bridges project "a model for public-private partnerships. Working across the community stakeholders to make that project a reality was both a humbling experience as a state official, and an honor. Now, in moving forward to other endeavors, I look forward to seeing the significant economic opportunities it will bring to Indiana and Kentucky, and the growth and development of communities that surround it."

The finance authority also is leading the procurement of a toll operator for the project, which is under construction and scheduled to be complete in 2016. The process has been delayed and re-started following conflict-of-interest allegations made by a competing company last year. In 2013, the finance authority won the Bond Buyer's “deal of the year” for its use of a public-private partnership for the project.

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