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Va. toll road could cost $500m, not be built

Wednesday - 4/23/2014, 1:00pm  ET

Associated Press

RICHMOND, Va. (AP) -- A proposed toll road championed by former Gov. Bob McDonnell might not be built but still cost taxpayers $400 million to $500 million.

Secretary of Transportation Aubrey Layne told lawmakers Wednesday that there's a slight chance the proposed route running parallel to U.S. 460 from Suffolk to Petersburg might not be built because of permitting issues.

Taxpayers and bondholders have already spent about $300 million on the project, without any construction having yet started.

The proposed $1.4 billion, 55-mile highway would affect hundreds of acres of wetlands and has not received a permit from the Army Corps of Engineers to proceed.

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