Major road and bridge projects in Akron and Cuyahoga County are getting a financial boost after the Ohio Treasurer’s Office closed a $325 million Highway Capital Improvement bond deal.
In Akron, funding will support bridge maintenance on the Y-bridge. In Cuyahoga County, projects include pavement replacement along I-90 in Rocky River, Lakewood, and Cleveland, as well as improvements tied to the Cuyahoga River bridge along I-480.
The bond package includes $255 million for new construction and nearly $70 million to refinance older bonds, a move that saved the state more than $5.5 million in debt payments…