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$100 million in projects for Ft. Knox

Gov. Steve Beshear outlined $100 million worth of state transportation and infrastructure projects Monday in Hardin and Meade counties to handle expected growth from the realignment of Fort Knox.

Thousands of new employees are expected at Fort Knox by September 2011 as the federal government shifts its military assets.

The state legislature last year approved $100 million in bonding authority for the work.

"We must support these communities in their efforts to address the necessary demands this realignment will require, including transportation and infrastructure growth," Beshear said in a statement Monday.

About 5,000 new military and civilian jobs will be created. Many of these jobs are high-tech, upper-level professional and management positions for new commands. In total, there will be an increase of about 2,500 military personnel, more than 2,000 civilians and as many as 1,000 permanent contractors.

Also, about 7,700 family members will move to Kentucky, meaning the region will gain about 13,000 in population in a short period of time.

From the approved money, $50 million has been bonded and will go toward four main transportation projects, including:

■ A new connector from Ky. 313 near Vine Grove to U.S. 60 to provide better access from residential areas to Fort Knox.

■ A connector from Ky. 313 to Bullion Boulevard to improve the entrance into Chafee gate at Fort Knox.

■ A connector between Elizabethtown, Radcliff and North Wilson Road to ease congestion.

The remaining $50 million will be used for infrastructure projects. Among those projects are three water-system improvements, five sewer improvements, and two school construction projects.

From 2007-2012, the total projected state tax revenue generated from Fort Knox's operations will exceed $385 million, representing a $96 million increase in new state tax revenue. Projected annual state tax revenue is expected to be about $75 million.