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Posted: Thursday, 13 August 2009 7:37AM

Lack Of Funding Slowing Road Projects



A lack of funding is creating a road block for some major road projects here in North Texas. 
Fast-growing Fort Worth is in desperate need of roads, and while plans have been in the works for a while to get projects moving, the city's budget shortfall will mean a delay in getting the roads and infrastructure projects built.  Fort Worth will have to delay more than 140 million in roads, drainage projects and other long-term capital spending until at least 2011 and maybe as late as 2015 because the city can't afford to take on that much long-term debt. 
Meantime, the long-awaited widening of 183 thru Irving still lacks most of the more than half-billion dollars it will take to get that project completed.  Businesses along the corridor have already begun shutting down to make way for the expansion, but construction on the freeway likely won't get underway for at least another year.


 
 
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