Governor Dan Malloy and the State Bonding Commission gave the green light Friday to borrowing over $500 million for the Quinnipiac Bridge project, and many more like it.
It's being called the 'Fix it First' program, aimed at making improvements to the transportation system before it's too late.
Part of the huge amount of funding approved on Friday will pay for the continuation of the Q-Bridge/I-95 New Haven Harbor Crossing Corridor and for the other major I-95 bridge projects.
"The three major projects that are underway are the Q-Bridge, the Moses Wheeler Bridge, and the West River Bridge,” said commissioner James Redeker.
The new cash will also pay for widening I-84 from Southington to Waterbury, a new interchange on 84 in Danbury, improvements to 95 in Groton, 84 in Vernon, and on the Parkway in Stratford and Milford.
The program also includes the restoration of more than 40 bridges on state highways.
Millions more will be included for a completely new rail road signaling system on the New Haven line to replace the existing one that is more than 100 years old.
It will also include a Positive Train Control Safety System, something railroaders could only dream about a hundred years ago.
"[The system is] to protect trains that would be on the same track from colliding with an automatic stop system," Redeker said.
The Governor and the D-O-T estimate that over the next four to five years that all this spending should help reduce the unemployment rate in the construction trades, currently estimated at over 30 percent.
"We expect that more than one billion dollars in state and federal funding combined will create or retain nearly 20-thousand construction related jobs," said Governor Malloy.
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