Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:04):
His name is Tucker Wetmore, Michael J. And Bethany here
at ninety three point ONEPOC. There's something funny about that name.
Does silly names ever strike you?
Speaker 2 (00:14):
Finally? You know, I think if anybody was wet More
when I was a kid?
Speaker 3 (00:18):
Ninety three point one WPOC.
Speaker 4 (00:21):
Bethany's brief All the things you need to know to
get you day started. Okay, so we've got some stuff
going on in the local news. Sure, I'll get to
that in just a second. But first revenge quitting. This
would be suddenly resigning from a job without notice as
a way to show frustration. This trend is on the rise,
(00:41):
according to a new study.
Speaker 3 (00:43):
So have you ever done that before?
Speaker 4 (00:45):
No?
Speaker 3 (00:46):
I don't think so. I think I always give notice.
Speaker 4 (00:49):
The biggest reasons employees are just leaving without saying anything
One a toxic work environment, two poor management or leadership,
and three feeling disrespected or undervalued.
Speaker 3 (01:01):
Those are the reasons that people are walking out.
Speaker 4 (01:04):
Fifty seven percent of people say that they've seen at
least one coworker do that.
Speaker 3 (01:09):
Milana the live action remake.
Speaker 4 (01:13):
The first trailer was released yesterday and everybody seems to
be really excited about it, so I watched it. It's
very it's pretty, it's very esthetic. The Mechala theme was announced.
It will be costume art. Okay, so that's gonna be
the twenty twenty sixth Mechala May fourth and they're gonna
have like a whole new set of people running the
(01:35):
whole deal. In Baltimore, the police department not having a
great moment. So a couple of weeks ago, an officer
was indicted because of a blackmail scheme in val mega
state senator. Then a couple weeks after that, a police
officer tried to mow down a man and he was arrested.
And now four police officers are being investigated from a
(02:01):
San Francisco Nobody knows what this is about yet, but
one of the people is even a commander, So yeah,
it's not looking good. What's going on, Baltimore Police Department?
Speaker 3 (02:14):
Can we get some answers please?
Speaker 4 (02:16):
And speaking of wanting some answers, pretty much the whole
city wants answers on why the new Key Bridge is
expected to cost more than twice the amount of money
than originally promised. When it first happened, they said to
build a new bridge it would cost between one point
seven billion and one point nine billion. Now they're saying
it's going to cost up to five point two billion.
(02:37):
And what's worse. Instead of being done in twenty twenty
eight as promised, now it's not going to be done
until at least the end of twenty thirty.
Speaker 1 (02:46):
And our listeners in Essex and Middle River and Dundalk
they want to know in our lifetime will the bridge
be rebuilt?
Speaker 3 (02:54):
Now.
Speaker 4 (02:54):
What I will say is there have I've been reporting
this all morning and the text messages that are coming in.
Speaker 3 (03:01):
Are actually kind of understanding.
Speaker 4 (03:05):
Like a lot of people are texting and saying like, look,
it's going to cost a lot of money to build
this bridge, give them a break. And other people are
saying like how long did you think it was going
to take?
Speaker 2 (03:13):
You know?
Speaker 1 (03:14):
And I guess, well, to put things in perspective, there's
a big international bridge that was constructed and is being
constructed in Detroit called the Gordy how International Bridge that
is approximately six point four billion at a cost to
build that one, and they say that they started in
twenty eighteen and they're hoping to have it ready in
(03:35):
early twenty twenty six after final testing.
Speaker 2 (03:38):
So my math. That's eight years it took to build it.
I see eight. It's interesting me.
Speaker 3 (03:43):
I don't know.
Speaker 4 (03:43):
I've never built a bridge, but I find that to
be unacceptable. I feel like that's a really, really long time.
Speaker 1 (03:49):
Well, we're attempting to get a hold of someone who
might be able to comment on that from Maryland's state government,
and we'll have an answer after eight this morning.
Speaker 3 (03:57):
All right, ninety three point one WPO see traffic.
Speaker 4 (04:02):
Okay, I have more information on the crash on ninety
five southbound, the one that's blocking two right lanes near
White Marsh. It looks like it was an overnight accident
and a big cleanup effort. In effect overturned tractor trailer,
So that's why that has been backed up all morning.
It looks like it's backed up all the way to
the Pennsylvania state line seventy eastbounds ninety five. There's an
(04:26):
accident there.
Speaker 3 (04:29):
Michael Jay's Music.
Speaker 5 (04:30):
City minute in sixty seconds.
Speaker 3 (04:32):
You gon't know like you own music road.
Speaker 1 (04:34):
All right, Well, Lady Wilson is so excited to be
a part of the CMA Awards tomorrow night. First time
a woman has hosted by herself since the nineteen hundreds.
Speaker 4 (04:46):
Well, it's amazing women can do anything, you know what, Bethane,
It's about time, isn't it.
Speaker 1 (04:51):
She says she can't get over how long it's been,
like over thirty four years.
Speaker 2 (04:55):
It was back in nineteen ninety one.
Speaker 1 (04:58):
Reba was the last woman to host by yourself the
CMA Awards own.
Speaker 3 (05:03):
She always is to do such a good job too.
Speaker 1 (05:05):
Yeah she did, and she co hosted many years as well.
But Lany's looking forward to it. She asked reab It
for some advice. Reebe gave her a long list.
Speaker 2 (05:12):
She said.
Speaker 1 (05:13):
Rebok only wanted one tip, not a whole whole lot.
I'm sure she's got her hands full of all the excitement,
so many performances. One you can look forward to is
the Willie Nelson Award is going to be given to
Vince Gill.
Speaker 2 (05:28):
And they're going to be having a whole.
Speaker 3 (05:29):
Tribute to Vince.
Speaker 1 (05:31):
Word is Luke Colmbs is going to open up the
CMA Awards show tomorrow night. Okay, so we'll have to
watch and find out if that's how it all goes.
But at eight o'clock it'll be on ABC tomorrow night.
Of course you can watch it on ABC, but you
can listen to it right here at ninety three point
one WPSC.
Speaker 4 (05:49):
I like that because if you're at work or you know,
drive in and you can't watch the thing, you can
always listen.
Speaker 1 (05:54):
To it here.
Speaker 2 (05:54):
So join us tomorrow night at eight four this CMA.
Speaker 1 (05:57):
Awards ninety three point one WPOC Traffic.
Speaker 3 (06:01):
Yeah.
Speaker 4 (06:01):
So, of course, uh, I did find out some more
information about that accident in ninety five southbound. It looks
like it happened overnight in overturn tractor trailer, and the
cleanup effort is still taking quite a bit of time too.
Right lanes blocked on that's ninety five southbound at White Marsh.
You're not gonna want to get on that road at
all because things are back.
Speaker 2 (06:20):
Ninety three point one w POC Michael J. And Bethany Bethany.
Speaker 1 (06:25):
Since you broke the story this morning on on Bethany's
brief about the Key Bridge and the update on it,
everybody's been talking about how much is gonna cost when
it's gonna be built.
Speaker 2 (06:35):
Why don't we get fault?
Speaker 1 (06:36):
Is it? Ye?
Speaker 4 (06:37):
Like, who's gonna be for it? Well, we're gonna get
you answers in what about three minutes? Yes, Yeah, we
called up that state and we said, get somebody to
answer our questions and do it now.
Speaker 2 (06:48):
She was just kill house him.
Speaker 1 (06:53):
All right, ninety three point one WPOC. So here's the deal.
Key Bridge makes the news. We go right to the top.
We call the white else they didn't take our phone call. Yeah,
we went to the governor, he's busy. Then we went
to the Secretary of Transportation. What's their name, Samantha Biddle,
she's acting Transportation Secretary. She forwarded us to the gentleman
(07:16):
we have on the phone. So this is pretty high
level stuff here. Bethany I would like to introduce mister
Bruce Gartner. He is the executive director of the MDTA,
So that means, Bruce, you're in charge of what's going
on with that Key Bridge. So what can you tell
us about it this morning? That's what we want to know.
Speaker 2 (07:35):
Yeah, So what we.
Speaker 5 (07:36):
What we announced yesterday was our cost estimate for the
Key Bridge. We've got a range that we believe the
bridge will come in at between four point three and
five point two billion. So what everybody wants to know is,
you know, what's the difference between that and what we
came out with thirteen days out when we had the
(07:56):
one point seven to one point nine billion estimate.
Speaker 1 (08:01):
Yes, what has caused the big change? Is still that
much more expensive? Or is it a different type of
bridge than you originally thought or what?
Speaker 5 (08:11):
There is a fundamental thing to understand first that when
we came out with that estimate, we were working off
of basically zero percent design. That's not something you typically
do when you're trying to plan for a new project.
We are in an emergency situation. We base the initial
numbers on what we're seeing out there in the country
(08:32):
for bridges of this top, this type and size. What
we have done in the past fourteen months is a
lot of engineering work looking at the river bottom, looking
at all the requirements for peer protection on new bridges,
which is what we're required to do when we build
new bridges. They are much more extensive structures than the
(08:53):
method that we thought we could use. When we are
just looking at this without an engineering.
Speaker 4 (09:01):
Are there other options besides this five point two billion
dollar idea?
Speaker 3 (09:06):
Or is this the only thing we've got going?
Speaker 5 (09:10):
So? I think the important peace to remember about the
process that we're in. We're in a progressive design build
engineering process that has had the engineers and our contractor
working together hand in hand with the federal government looking
over our shoulder about what the best way to proceed
with this bridge is. So in fact, there's been just
(09:30):
lots of discussions about different options throughout the time period
of the last fourteen months and different cost stating elements
for different parts of the bridge. And what we've come
to now is that this revised us and to based
on all the work are very high qualified engineering team.
Speaker 4 (09:51):
I know that you mentioned that the government was looking
over your shoulder.
Speaker 3 (09:55):
How much does politics have to do with this situation?
Speaker 5 (10:00):
I mean in terms of what we are pow we're
designing the bridge. This is, you know, a professional approach
to how how you have to build a bridge for
one hundred years. Obviously, in the media these days, there's
lots of different political statements on one side or the other.
But we're trying to keep this, you know, a very
(10:22):
structured approach to building a significant feature in Baltimore that's
going to help our economy and get us back to
reducing these commutes that our commuters are suffering for right now.
Speaker 1 (10:34):
And here's what our listeners really want to know, because
you know, our audience is strong in Essex and Dundalk
and the areas on both sides of the bridge really
and it was a livelihood as you know, when that
bridge went away, that has been affected.
Speaker 2 (10:48):
So people are wondering, you know when and I know.
Speaker 1 (10:51):
What you've released was you were saying it was going
to be done in twenty eight and now that's being
pushed to thirty.
Speaker 2 (10:58):
Is that realistic?
Speaker 1 (10:58):
Now?
Speaker 2 (10:59):
How can it? Do you feel in that estimate?
Speaker 5 (11:03):
So the twenty thirty estimate is something we've been looking
at very closely. That's why we came at with them
now because we do have the confidence that we can
get in that range. What we still need to do
is negotiate a price with the contractor. That'll happen next
spring and we hope to give them notice to proceed
in June of next year. This is like as all
(11:25):
projects go, you come out with the best information you
have after a lot of work to get the key
mile zone, and we are at a key milestone right now.
Speaker 4 (11:33):
And I think the other question, the five point two
billion dollar question, is who's going to pay for this?
Speaker 5 (11:40):
So right now it's a combination of factors. There is
the lawsuit that the state is proceeding against the ship
owners and operators of the Dolly. So we are working
closely with the Attorney General's office to make sure that
they pay for the cost of this rebuild. What the
federal government has done is last year in legislation, they
(12:02):
put in that one hundred percent guarantee like it's done
for many emergency relief projects throughout the country, and we
at the Maryland Transportation Authority have been contributing our insurance proceeds.
We've been spending that down over the past year since
we started, that's about three hundred and fifty million dollars.
Speaker 4 (12:21):
Do you think toll situation will happen?
Speaker 2 (12:24):
Yeah, I mean it's going to be a toll bridge, right.
Speaker 5 (12:27):
It is going to be a toll bridge. It is
part of our harbor crossings, as your listeners know from
this area of the corporate tenary, the Baltimore Harbor Tunnel,
and the Key Bridge. So told support all three of
those facilities, as well as our state wide our facilities
around the state like the Bay Bridge and nine ninety five.
So we are putting the money upfront where we will
(12:48):
sell bonds to make sure that the money is in
hand when we need it. If the federal government can't
reimburse us right away, we will pay for that upfront
costs and get reimbursed down the line. So there's financing
costs associated with this for the MDT as well that
will impact our bottom line. All right, it's affordable at
(13:08):
this stage.
Speaker 2 (13:09):
Well, Michael J.
Speaker 1 (13:10):
And Bethany would like to suggest our name for it,
if you decide to change from the key Bridge name.
Speaker 2 (13:14):
I don't know if you're going to stick with that.
I think that Michael J.
Speaker 1 (13:17):
And Bethany Bridge has a nice ring to it, perce
I think that would be No, it's not going to
happen a lot of favorite exactly ninety three point one
w POC traffic. Well, that was Bruce Gartner, he's the
executive director of the MDTA, with the update on the
key Bridge.
Speaker 3 (13:37):
Bethany, Thanks Bruce. All right.
Speaker 4 (13:39):
Eighty three southbound at Maryland Avenue. Big accident there, the
right linees block. Things are crawling for a good long time.
Please don't get on eighty three southbound in the city
right now.
Speaker 2 (13:50):
You're not going
His name is Tucker Wetmore, Michael J. And Bethany here
at ninety three point ONEPOC. There's something funny about that name.
Does silly names ever strike you?
Speaker 2 (00:14):
Finally? You know, I think if anybody was wet More
when I was a kid?
Speaker 3 (00:18):
Ninety three point one WPOC.
Speaker 4 (00:21):
Bethany's brief All the things you need to know to
get you day started. Okay, so we've got some stuff
going on in the local news. Sure, I'll get to
that in just a second. But first revenge quitting. This
would be suddenly resigning from a job without notice as
a way to show frustration. This trend is on the rise,
(00:41):
according to a new study.
Speaker 3 (00:43):
So have you ever done that before?
Speaker 4 (00:45):
No?
Speaker 3 (00:46):
I don't think so. I think I always give notice.
Speaker 4 (00:49):
The biggest reasons employees are just leaving without saying anything
One a toxic work environment, two poor management or leadership,
and three feeling disrespected or undervalued.
Speaker 3 (01:01):
Those are the reasons that people are walking out.
Speaker 4 (01:04):
Fifty seven percent of people say that they've seen at
least one coworker do that.
Speaker 3 (01:09):
Milana the live action remake.
Speaker 4 (01:13):
The first trailer was released yesterday and everybody seems to
be really excited about it, so I watched it. It's
very it's pretty, it's very esthetic. The Mechala theme was announced.
It will be costume art. Okay, so that's gonna be
the twenty twenty sixth Mechala May fourth and they're gonna
have like a whole new set of people running the
(01:35):
whole deal. In Baltimore, the police department not having a
great moment. So a couple of weeks ago, an officer
was indicted because of a blackmail scheme in val mega
state senator. Then a couple weeks after that, a police
officer tried to mow down a man and he was arrested.
And now four police officers are being investigated from a
(02:01):
San Francisco Nobody knows what this is about yet, but
one of the people is even a commander, So yeah,
it's not looking good. What's going on, Baltimore Police Department?
Speaker 3 (02:14):
Can we get some answers please?
Speaker 4 (02:16):
And speaking of wanting some answers, pretty much the whole
city wants answers on why the new Key Bridge is
expected to cost more than twice the amount of money
than originally promised. When it first happened, they said to
build a new bridge it would cost between one point
seven billion and one point nine billion. Now they're saying
it's going to cost up to five point two billion.
(02:37):
And what's worse. Instead of being done in twenty twenty
eight as promised, now it's not going to be done
until at least the end of twenty thirty.
Speaker 1 (02:46):
And our listeners in Essex and Middle River and Dundalk
they want to know in our lifetime will the bridge
be rebuilt?
Speaker 3 (02:54):
Now.
Speaker 4 (02:54):
What I will say is there have I've been reporting
this all morning and the text messages that are coming in.
Speaker 3 (03:01):
Are actually kind of understanding.
Speaker 4 (03:05):
Like a lot of people are texting and saying like, look,
it's going to cost a lot of money to build
this bridge, give them a break. And other people are
saying like how long did you think it was going
to take?
Speaker 2 (03:13):
You know?
Speaker 1 (03:14):
And I guess, well, to put things in perspective, there's
a big international bridge that was constructed and is being
constructed in Detroit called the Gordy how International Bridge that
is approximately six point four billion at a cost to
build that one, and they say that they started in
twenty eighteen and they're hoping to have it ready in
(03:35):
early twenty twenty six after final testing.
Speaker 2 (03:38):
So my math. That's eight years it took to build it.
I see eight. It's interesting me.
Speaker 3 (03:43):
I don't know.
Speaker 4 (03:43):
I've never built a bridge, but I find that to
be unacceptable. I feel like that's a really, really long time.
Speaker 1 (03:49):
Well, we're attempting to get a hold of someone who
might be able to comment on that from Maryland's state government,
and we'll have an answer after eight this morning.
Speaker 3 (03:57):
All right, ninety three point one WPO see traffic.
Speaker 4 (04:02):
Okay, I have more information on the crash on ninety
five southbound, the one that's blocking two right lanes near
White Marsh. It looks like it was an overnight accident
and a big cleanup effort. In effect overturned tractor trailer,
So that's why that has been backed up all morning.
It looks like it's backed up all the way to
the Pennsylvania state line seventy eastbounds ninety five. There's an
(04:26):
accident there.
Speaker 3 (04:29):
Michael Jay's Music.
Speaker 5 (04:30):
City minute in sixty seconds.
Speaker 3 (04:32):
You gon't know like you own music road.
Speaker 1 (04:34):
All right, Well, Lady Wilson is so excited to be
a part of the CMA Awards tomorrow night. First time
a woman has hosted by herself since the nineteen hundreds.
Speaker 4 (04:46):
Well, it's amazing women can do anything, you know what, Bethane,
It's about time, isn't it.
Speaker 1 (04:51):
She says she can't get over how long it's been,
like over thirty four years.
Speaker 2 (04:55):
It was back in nineteen ninety one.
Speaker 1 (04:58):
Reba was the last woman to host by yourself the
CMA Awards own.
Speaker 3 (05:03):
She always is to do such a good job too.
Speaker 1 (05:05):
Yeah she did, and she co hosted many years as well.
But Lany's looking forward to it. She asked reab It
for some advice. Reebe gave her a long list.
Speaker 2 (05:12):
She said.
Speaker 1 (05:13):
Rebok only wanted one tip, not a whole whole lot.
I'm sure she's got her hands full of all the excitement,
so many performances. One you can look forward to is
the Willie Nelson Award is going to be given to
Vince Gill.
Speaker 2 (05:28):
And they're going to be having a whole.
Speaker 3 (05:29):
Tribute to Vince.
Speaker 1 (05:31):
Word is Luke Colmbs is going to open up the
CMA Awards show tomorrow night. Okay, so we'll have to
watch and find out if that's how it all goes.
But at eight o'clock it'll be on ABC tomorrow night.
Of course you can watch it on ABC, but you
can listen to it right here at ninety three point
one WPSC.
Speaker 4 (05:49):
I like that because if you're at work or you know,
drive in and you can't watch the thing, you can
always listen.
Speaker 1 (05:54):
To it here.
Speaker 2 (05:54):
So join us tomorrow night at eight four this CMA.
Speaker 1 (05:57):
Awards ninety three point one WPOC Traffic.
Speaker 3 (06:01):
Yeah.
Speaker 4 (06:01):
So, of course, uh, I did find out some more
information about that accident in ninety five southbound. It looks
like it happened overnight in overturn tractor trailer, and the
cleanup effort is still taking quite a bit of time too.
Right lanes blocked on that's ninety five southbound at White Marsh.
You're not gonna want to get on that road at
all because things are back.
Speaker 2 (06:20):
Ninety three point one w POC Michael J. And Bethany Bethany.
Speaker 1 (06:25):
Since you broke the story this morning on on Bethany's
brief about the Key Bridge and the update on it,
everybody's been talking about how much is gonna cost when
it's gonna be built.
Speaker 2 (06:35):
Why don't we get fault?
Speaker 1 (06:36):
Is it? Ye?
Speaker 4 (06:37):
Like, who's gonna be for it? Well, we're gonna get
you answers in what about three minutes? Yes, Yeah, we
called up that state and we said, get somebody to
answer our questions and do it now.
Speaker 2 (06:48):
She was just kill house him.
Speaker 1 (06:53):
All right, ninety three point one WPOC. So here's the deal.
Key Bridge makes the news. We go right to the top.
We call the white else they didn't take our phone call. Yeah,
we went to the governor, he's busy. Then we went
to the Secretary of Transportation. What's their name, Samantha Biddle,
she's acting Transportation Secretary. She forwarded us to the gentleman
(07:16):
we have on the phone. So this is pretty high
level stuff here. Bethany I would like to introduce mister
Bruce Gartner. He is the executive director of the MDTA,
So that means, Bruce, you're in charge of what's going
on with that Key Bridge. So what can you tell
us about it this morning? That's what we want to know.
Speaker 2 (07:35):
Yeah, So what we.
Speaker 5 (07:36):
What we announced yesterday was our cost estimate for the
Key Bridge. We've got a range that we believe the
bridge will come in at between four point three and
five point two billion. So what everybody wants to know is,
you know, what's the difference between that and what we
came out with thirteen days out when we had the
(07:56):
one point seven to one point nine billion estimate.
Speaker 1 (08:01):
Yes, what has caused the big change? Is still that
much more expensive? Or is it a different type of
bridge than you originally thought or what?
Speaker 5 (08:11):
There is a fundamental thing to understand first that when
we came out with that estimate, we were working off
of basically zero percent design. That's not something you typically
do when you're trying to plan for a new project.
We are in an emergency situation. We base the initial
numbers on what we're seeing out there in the country
(08:32):
for bridges of this top, this type and size. What
we have done in the past fourteen months is a
lot of engineering work looking at the river bottom, looking
at all the requirements for peer protection on new bridges,
which is what we're required to do when we build
new bridges. They are much more extensive structures than the
(08:53):
method that we thought we could use. When we are
just looking at this without an engineering.
Speaker 4 (09:01):
Are there other options besides this five point two billion
dollar idea?
Speaker 3 (09:06):
Or is this the only thing we've got going?
Speaker 5 (09:10):
So? I think the important peace to remember about the
process that we're in. We're in a progressive design build
engineering process that has had the engineers and our contractor
working together hand in hand with the federal government looking
over our shoulder about what the best way to proceed
with this bridge is. So in fact, there's been just
(09:30):
lots of discussions about different options throughout the time period
of the last fourteen months and different cost stating elements
for different parts of the bridge. And what we've come
to now is that this revised us and to based
on all the work are very high qualified engineering team.
Speaker 4 (09:51):
I know that you mentioned that the government was looking
over your shoulder.
Speaker 3 (09:55):
How much does politics have to do with this situation?
Speaker 5 (10:00):
I mean in terms of what we are pow we're
designing the bridge. This is, you know, a professional approach
to how how you have to build a bridge for
one hundred years. Obviously, in the media these days, there's
lots of different political statements on one side or the other.
But we're trying to keep this, you know, a very
(10:22):
structured approach to building a significant feature in Baltimore that's
going to help our economy and get us back to
reducing these commutes that our commuters are suffering for right now.
Speaker 1 (10:34):
And here's what our listeners really want to know, because
you know, our audience is strong in Essex and Dundalk
and the areas on both sides of the bridge really
and it was a livelihood as you know, when that
bridge went away, that has been affected.
Speaker 2 (10:48):
So people are wondering, you know when and I know.
Speaker 1 (10:51):
What you've released was you were saying it was going
to be done in twenty eight and now that's being
pushed to thirty.
Speaker 2 (10:58):
Is that realistic?
Speaker 1 (10:58):
Now?
Speaker 2 (10:59):
How can it? Do you feel in that estimate?
Speaker 5 (11:03):
So the twenty thirty estimate is something we've been looking
at very closely. That's why we came at with them
now because we do have the confidence that we can
get in that range. What we still need to do
is negotiate a price with the contractor. That'll happen next
spring and we hope to give them notice to proceed
in June of next year. This is like as all
(11:25):
projects go, you come out with the best information you
have after a lot of work to get the key
mile zone, and we are at a key milestone right now.
Speaker 4 (11:33):
And I think the other question, the five point two
billion dollar question, is who's going to pay for this?
Speaker 5 (11:40):
So right now it's a combination of factors. There is
the lawsuit that the state is proceeding against the ship
owners and operators of the Dolly. So we are working
closely with the Attorney General's office to make sure that
they pay for the cost of this rebuild. What the
federal government has done is last year in legislation, they
(12:02):
put in that one hundred percent guarantee like it's done
for many emergency relief projects throughout the country, and we
at the Maryland Transportation Authority have been contributing our insurance proceeds.
We've been spending that down over the past year since
we started, that's about three hundred and fifty million dollars.
Speaker 4 (12:21):
Do you think toll situation will happen?
Speaker 2 (12:24):
Yeah, I mean it's going to be a toll bridge, right.
Speaker 5 (12:27):
It is going to be a toll bridge. It is
part of our harbor crossings, as your listeners know from
this area of the corporate tenary, the Baltimore Harbor Tunnel,
and the Key Bridge. So told support all three of
those facilities, as well as our state wide our facilities
around the state like the Bay Bridge and nine ninety five.
So we are putting the money upfront where we will
(12:48):
sell bonds to make sure that the money is in
hand when we need it. If the federal government can't
reimburse us right away, we will pay for that upfront
costs and get reimbursed down the line. So there's financing
costs associated with this for the MDT as well that
will impact our bottom line. All right, it's affordable at
(13:08):
this stage.
Speaker 2 (13:09):
Well, Michael J.
Speaker 1 (13:10):
And Bethany would like to suggest our name for it,
if you decide to change from the key Bridge name.
Speaker 2 (13:14):
I don't know if you're going to stick with that.
I think that Michael J.
Speaker 1 (13:17):
And Bethany Bridge has a nice ring to it, perce
I think that would be No, it's not going to
happen a lot of favorite exactly ninety three point one
w POC traffic. Well, that was Bruce Gartner, he's the
executive director of the MDTA, with the update on the
key Bridge.
Speaker 3 (13:37):
Bethany, Thanks Bruce. All right.
Speaker 4 (13:39):
Eighty three southbound at Maryland Avenue. Big accident there, the
right linees block. Things are crawling for a good long time.
Please don't get on eighty three southbound in the city
right now.
Speaker 2 (13:50):
You're not going
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