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Ballard Touts $55 Million Infrastructure Improvement Plan

City Relies On Utility Transfer Funding

POSTED: 11:38 am EDT September 9, 2010
UPDATED: 8:32 pm EDT September 9, 2010

Mayor Greg Ballard said Thursday that the city will spend $55 million to make improvements in streets, sidewalks and bridges in several areas in Marion County before the end of the year.

As part of a Ballard termed "RebuildIndy," construction will begin next week, though funding isn't yet assured.

In July, the City-County Council voted to approve a plan to transfer Indianapolis' water and wastewater utilities to Citizens Energy Group, a $1.9 billion deal that Ballard counted on to begin $425 million in infrastructure improvements.

The transfer still hasn't been approved by the Indiana Utility Regulatory Commission, though most consider that a formality.

"The $55 million in projects announced today are the result of the first set of funds unlocked by the city's effort to transform its utilities," read part of a release from the Department of Public Works. "Several of the projects will begin construction next week."

The infrastructure improvements include street resurfacing, drainage repair and sidewalk reconstruction in these areas:

  • 10th St. from I-465 to Main Street and Raceway Road to Railroad
  • Guion Road from 38th Street to 56th Street and 62nd Street to 71st Street
  • Ohio Street from West Street to College Avenue
  • Post Road from I-74 to Troy Avenue and Troy Avenue to Rawles Avenue
  • Stop 11 from Meridian School Road to Shelby Street and Sherman Drive to Emerson Avenue
  • Massachusetts Avenue from Arlington Avenue to 38th Street
  • "RebuildIndy will enhance our already great city, rebuild the parts that are broken, and put the critically important building trades industry to work at a time when good paying jobs are needed,” Ballard said. "We’ve experienced success in better than anticipated bond financing as a result of Indianapolis’ AAA credit rating. The proceeds of the revenue bonds approved by the City-County Council in May will increase by nearly $14 million, in part due to the City’s excellent rating, creating more resources to fix our community’s aging infrastructure that has been put on the back burner for far too long."

    Numerous improvements are planned for Michigan Road, but those aren't part of the initial $55 million plan.

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