INDIANAPOLIS - A state agency says it has sold nearly $244 million in bonds to help pay for construction of the latest segment of Indiana's Interstate 69 extension.
The Indiana Finance Authority says the private developer chosen to build the stretch of highway from Bloomington to Martinsville will directly repay the tax-exempt bonds.
The agency says I-69 Development Partners is investing more than $40 million on its own toward the project.
The project will upgrade Indiana 37 to interstate standards. It's part of the I-69 extension that will connect Indianapolis and Evansville.
Construction could begin this year, with the section expected to open in 2016.
The state is paying $80 million up front and making annual payments to I-69 Development Partners to maintain the highway for 35 years.
Lawmaker urges review of failing charter schools
A state lawmaker says Indiana should stop approving new charter schools until it determines why increasing numbers of them are failing.
Muncie homeowners find teen passed out on toilet
A Fort Wayne teenager was arrested Saturday after homeowners near Ball State University allegedly found him passed out in their bathroom.
Hoosier Lottery's Monopoly game falls short
Indiana lottery officials are dipping into their own funds to cover the state's share of costs for a new Monopoly game that's off to a slow start.
Pizza driver attacked during west-side delivery
A man was robbed early Saturday while delivering pizza to an apartment complex on the city's west side.
I-65 to see delays during Johnson Co. patching
For the next week, Johnson County commuters will need to avoid I-65 unless they're OK with delays.
Local firm stores, handles recalled products
The Call 6 Investigators found potentially dangerous recalled products for sale in central Indiana stores and on Craigslist posts.