- Associated Press - Friday, May 27, 2016

CHARLESTON, S.C. (AP) - Plans to finish Interstate 526 through Charleston’s western suburbs have hit a dead end.

Local media outlets report the state Transportation Infrastructure Bank on Thursday pulled the $420 million it had set aside for the contentious project.

Members of the bank board meeting in Columbia discussed the $725 million project for three hours before voting 4-1 to pull the money.

Last December, the bank gave Charleston County until the end of March to come up with a plan to cover the county’s share and the board said the county failed to do so.

Last month Charleston County asked the bank to give officials until the end of the year to come up with the plan. Local leaders envisioned a combination of tolls and taxes to pay for the work.

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