LANSING, Mich. (AP) - Michigan’s commitment of up to $52 million toward construction of a new Great Lakes shipping lock could accelerate the project’s completion by a year and save taxpayers $30 million.
Gov. Rick Snyder and the U.S. Army Corps of Engineers released the figures Wednesday while announcing a memorandum of agreement.
Michigan’s funds will be used to pay for design work and a portion of a channel deepening project that will be an important step toward building a second large-sized lock at Sault Ste. Marie to accommodate freighters that haul iron ore and other bulk commodities. The federal government is spending $32 million on the channel deepening.
People were interested in these podcasts
Congress has authorized funding for the second large Soo Lock but must appropriate funds over numerous years to pay for the $1 billion project.
Please read our comment policy before commenting.