The Indiana Finance Authority will consider approving the new fee hike deal on Thursday.

Indiana American Water has requested a nearly 17 percent rate increase to help pay for more than $542 million of infrastructure investments.

The sinkhole appeared Wednesday after a Terre Haute Fire Department ladder truck drove over the pavement on Ohio Street at the intersection of Fourth Street.

The funding is a key part of Mayor Joe Hogsett's 2019 city budget and it could finance a variety of projects - streets, bridges, traffic signals, curbs and sidewalk improvements.

State officials say $600 million of the investment will be used to speed up construction of Interstate 69 between Martinsville and Indianapolis.

The company says recent sewer failures prompted a rapid assessment of the underground structures and pipes in Indianapolis.

The City-County Council created a commission to study infrastructure. WFYI's Drew Daudelin sat down with Councilor Jared Evans, the commission chair, to talk about their goals.

Citizens Energy Group says far the left southbound lane and the two left northbound lanes will remain closed as crews replace a broken 104-year-old water line.

Closures still remain at 21st Street for southbound traffic, Meridian Street for northbound traffic and on the northwest side at I-65/I-465 for southbound traffic.

During a routine inspection Thursday at the intersection, Citizens Energy found a collapsed manhole structure. The company says it could have caused a sinkhole like the one that opened earlier this month.