For years, construction of a bridge...

For years, construction of a bridge that would couple Shawnee Bend with U.S. Business path q in Lake of the Ozarks, Mo knock down just short of the state' priority funding list. The intend was further stymied b state statutes that prohibit the Missouri Highway and Transportation Department from collecting tolls to pay for transportation improvements.

The Missouri Transportation Corporation Act passed in 1990 helped the proces significantly on allowing private not-for-profit transportation corporations a part in developing projects as an alternative to normal funding regularitys for roads and bridges.

The rise was the Lake of the Ozarks Community Bridge (LOCB) Missouri's first public/private bridge and the first in the nation's heartland. The S@@ million toll bridge will be allowed and operated b the LOCB Corporation, which began operation in May 1992 The LOCB sold more than $40 million in receipts bonds for construction and contingency funding. Other