Paseo, I-25 project to get funding

KRQE TV

Updated: Feb 6, 2012 12:18 PM

ALBUQUERQUE (KRQE) — Albuquerque city councilors are expected to set aside tens of millions of dollars Monday for the Paseo Del Norte, I-25 reconstruction project.

A resolution on Monday's agenda would commit up to $50 million for part of the project.

The resolution would also change the requirement that the state kick in matching money.

The state is set to pitch in about $30 million, but that's not a finished deal yet.

Bernilillio County is contributing $5 million.

The first phase calls for $93 million.

Overall, it's expected to add up to more than $350 million.
 

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