With Lake Pontchartrain Causeway tolls set to increase May 6, bridge officials moved forward Thursday (April 27) on plans to borrow more than $100 million via bonds to pay for safety improvements. The Causeway Commission heard a presentation from its financial adviser and authorized General Manager Carlton Dufrechou and the commission’s bond counsel to prepare for the bond sale.
The Causeway Commission has voted in favor of seeking $100 million in bond financing for bridge improvements to be financed through higher tolls. That toll increase will go into place in a matter of days.
In 10 days, commuters on the Lake Pontchartrain Causeway will be paying more to cross the bridge.
Those little buildings you see on the southbound Causeway may look like miniature fishing camps similar to those that once lined Lake Pontchartrain’s shoreline. But they serve a much different purpose, one that helps ensure the safety of the thousands of drivers who travel across the bridge each day. They help keep the power on.
A Northshore man caught a scary site on his cell phone. He shot video of a driver speeding the wrong way on the Lake Pontchartrain Causeway.
When President Trump pledged during the campaign to spend $1 trillion to restore America’s crumbling bridges and roads, supporters across the country cheered.
A Northshore lawmaker is heading to the state capitol next week with a bill to try to stop a safety improvement project for the Causeway.
The Lake Pontchartrain Causeway Bridge was closed in both directions early Monday due to high winds and loose barges. According to Causeway Director Carlton Dufrechou, two barges have been secured and two remain loose.