Financed with a mix of bonds, general revenue funds and some federal funding, Missouri this month kicked off a major expansion of Interstate 70, which runs parallel to the Missouri River and links St. Louis with Kansas City.
The project, which spans 200 miles from Blue Springs to Wentzville, involves repairing the existing four lanes of I-70 and expanding the highway to six lanes.
The Missouri Highways and Transportation Commission issued the first bonds for the project in November, according to an official statement posted on the Municipal Securities Rulemaking Board’s EMMA disclosure website.
The Department of Transportation plans to issue more bonds in 2026 and 2028, its chief financial officer Brenda Morris said. The commission typically issues fixed rate tax-exempt bonds, but the type of bonds issued in 2026 and 2028 is still to be determined, she said.
Missouri has begun…
