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LINC, Ill.

— The Chicago-based Lincoln project is on the verge of being shelved, with the Lincoln-based project being “unlikely to move forward.”

The Lincoln-Parks & Rec Foundation, which owns the project, confirmed that the foundation is holding off on its plan to start construction of a new bridge over the Lippen Bridge.

The Linc project would have been a 20-foot wide, 30-foot high bridge over a shallow lake on the Illinois River between Chicago and the southern Indiana city of Springfield.

It would have run from the Illinois Statehouse in Springfield to the Illinois-Michigan border, crossing through the small town of Linc.

Linc is owned by the Chicago-area firm Chicago Bridge and Tunnel, which also owns the Chicago River Bridge.

The Lippens and the Lips have an agreement to build a new $300 million bridge over Lake Michigan.

The bridge would have gone from Chicago’s north shore to the southern edge of the city of St. Louis, crossing into the city.

A decision on the bridge is expected soon, but Lincoln has been on hold.

“Lincoln has been looking at this for quite some time and, to date, the Lincoln River Project has been in the planning stages, and there’s a lot of work that needs to be done,” the foundation’s general manager, Bill Lippenstein, said in an email to The Associated Press.

“We are confident that the project will move forward, but the details and timelines have not yet been determined.”

Lippenstein said the foundation has held off on building the bridge “for several reasons,” including “financial reasons, the lack of a design agreement with the LINC (Lincoln-Packs), and a need to address the cost of the project.”

Linc also has a “history of cost overruns” on the project.

The project cost $300.6 million, but it was never completed.

Construction of the Lancaster Bridge was delayed for nearly three years in 2011 because of funding problems.

The state, the U.S. Department of Transportation, the National Transportation Safety Board and the federal government all said the bridge could not be built.

The Lippins’ son, David, is president of the Lincoln County Board of Commissioners, which has a stake in the project and has spent tens of millions of dollars lobbying for the bridge.

The Lincoln-packs also has its own stake.

The board voted in December to reject a $5.7 million proposal by Lippells for a new county park.

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