Committee backs plan for highway bonds
Tuesday, May 13, 2003 | 9:18 a.m.
SUN CAPITAL BUREAU
CARSON CITY -- The Senate Finance Committee on Monday endorsed Gov. Kenny Guinn's plan to sell $325 million in bonds to speed up construction on five "super" highway projects, including three in Southern Nevada to relieve traffic congestion.
The committee agreed to the sale of the bonds that will partially fund the U.S. 95 widening project in Las Vegas, the Interstate 15 widening project from the state line to Las Vegas and the I-215/515 Interchange in Henderson.
To get these projects going, the department needed more money and Guinn recommended the sale of the bonds during the coming two years. The agency plans to sell $657.6 million in highway construction bonds by the end of fiscal year 2007.
The committee also approved adding 42 new staff positions to the department, 18 of them located in Las Vegas.
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