Final funding approved for Highway 40 project:
East-West Gateway Council of Governments put the final funding in place today for the overhaul of Interstate 64 (Highway 40) between Sarah Street in St. Louis to Spoede Road in St. Louis County.
The regional planning agency approved $329 million in federal money for rebuilding the highway. At earliest, construction would start in early 2007. The Highway 40 work was among more than 175 other construction projects worth $1.1 billion that East-West Gateway approved. The money will be spent through 2009.
That marks the final portion of the anticipated funding, before the budget overruns.
