DES MOINES (AP) - Gov. Chet Culver and top Democratic legislators are near agreement on a $600 million bonding plan to finance flood repairs and work on Iowa’s infrastructure.

Culver told reporters Thursday that he’s close to a compromise with the legislative leaders.

As part of the deal, Culver agreed to cut about $150 million from the package.

Most of the $600 million would go toward flood repairs, but Culver says about $100 million would pay for other work to roads and bridges.

Iowa Governor Chet Culver thanks volunteers filling sand bags at the Palo Community Center in Palo on Tuesday, June 10, 2008. The governor met with Palo and Linn County officials to talk about flood preparations. He also visited Vinton and Iowa City. (Cliff Jette/The Gazette)