EVANSVILLE, Ind. (AP) - Bids for a project to move a restored World War II naval vessel to a more prominent location along the Ohio River in Evansville have exceeded the initial $3.9 million price tag officials had discussed.

The Courier & Press reports the Port Authority board rejected the current bids Monday. The board oversees river initiatives for the city.

Port Authority Chairman Pat Wathen says the bids exceeded expectations by up to $1.2 million. He says bids were only out for a month, which may have scared away some bidders and inflated prices.

The project will turn the former site of the Tropicana Evansville casino boat into the dock site of the LST 325 troop landing ship.

The Port Authority plans to re-advertise for new bids.

Information from: Evansville Courier & Press, http://www.courierpress.com

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