New Strategy May Rescue Lower Mon Navigation Facilities
State Journal, The › June 22, 2010
Linked as:
State Journal, The › June 22, 2010
Linked as:Summary
The Inland Waterways Trust Fund, or IWTF, a pot of money that Congress created in 1986 through a 20 cent-per-gallon tax on diesel fuel on the navigable waterways, must, by law, provide a 50-50 cost share with the Corps for construction and major rehabilitation on the waterways. [...] it would cap project costs so overruns would not require additional IWTF matches.
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New Strategy May Rescue Lower Mon Navigation Facilities
MORGANTOWN - Century-old lock and dam facilities on the lower Monongahela River have gotten a Band-Aid treatment for decades, putting the economy in north-central West Virginia and southwestern Pennsylvania at risk.
Now, though, a new agreement may break the log jam and get funds flowing."This is the most hopeful scenario we have," sai...See the full content of this document
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