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Pennsylvania in lease deal for Interstate 80

Tue Oct 16, 2007 2:53pm EDT

NEW YORK, Oct 16 (Reuters) - Pennsylvania's Transportation Department and the Turnpike Commission have signed a 50-year lease for Interstate 80, and have asked the federal government to let them add tolls to the major thoroughfare, Gov. Edward Rendell said on Tuesday.

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The accord calls for the Turnpike to transfer $83.3 billion to the Transportation Department for projects around the state, the Democratic governor said in a statement. "The commission has said it will generate an additional $33 billion over the next 50 years for I-80 improvements, bringing the total investment to $116 billion," Rendell said.

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