Prices Paid for I-69 Land Deals Under Examination by Federal Officials
Federal officials are taking a look into the money paid out for the I-69 extension project.
Sources say at least 32 properties were offered a total of $7-million when land appraisers had valued the land at just half that value – $3,340,000. One of the properties at the center of the investigation was owned by Troy Woodruff, the current INDOT Chief of Staff.
Indiana was granted $626-million in federal funding for the I-69 project. The first phase of the main interstate artery from Evansville to Indianapolis was completed in November 2012. The second phase of the project, connecting Crane, Indiana, to Bloomington, Indiana, is expected to be completed in 2014.
