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$750M Settlement Could Bring Relief For Tappan Zee Users

This is an Oct. 13 look at the Tappan Zee Bridge reconstruction project.
This is an Oct. 13 look at the Tappan Zee Bridge reconstruction project. Photo Credit: www.newnybridge.com

NEW YORK -- Commuters who use the Tappan Zee Bridge over the Hudson River may see some relief in the tolls charged for pay for the $4 billion bridge reconstruction project, thanks in part to banks involved in the nation's fiscal crisis, according to Lohud.com.

The state's Thruway Authority plans to use some of the state's share of $750 million in bank settlement money to help pay for the project. That, coupled with lower gas prices, may mean that the projected $11 new toll for drivers could actually come in lower, Lohud.com reported.

The bank settlement money meant that no new bonds were needed to help pay for the bridge project, Lohud.com said. To learn more about the bridge project, visit www.newnybridge.com .

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