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Indiana takes over I-69 Section 5 construction

EVANSVILLE, Ind. (WEHT) — Indiana officials have closed on a deal to take over completion of Section 5 of the Interstate 69 project.

The state has reimbursed the developer’s bond holders for $246 million, which returns direct control of the I-69 Section 5 project to the Indiana Department of Transportation.

In June, state officials announced the deal to take over construction of Section 5 after the completion date was pushed back several times by the private developer.

The 21-mile project between Bloomington and Martinsville is expected to be complete on or before August 2018.

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