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Tomblin: Road Bond Sale Saves State Money

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Gov. Earl Ray Tomblin says the sale of $134 million in state Road Fund bonds will save West Virginia $26 million, most of which will go into road projects.

In a news release Friday, the governor said selling the bonds will save about $26 million in interest payments.

More than $25 million of it will be invested in state Department of Transportation capital road projects in the 2016 budget year.

Tomblin said the move will be critical to making long-term investments to improve state infrastructure.

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