City plans to pump $350M into neighborhoods for improvement
Last Updated: 111 days ago
INDIANAPOLIS - Indianapolis Mayor Greg Ballard announced Thursday that the city plans on investing more than $350 million over the next three years on street, sidewalk, trail and bridge improvements.
Ballard joined forces with Department of Public Works Director Lori Miser at the Keenan Stahl Boys and Girls Club on Indianapolis’ south side to make the announcement Thursday. The three-year investment plan combines a $135 million bond with other existing transportation funds to go toward parts of the city Ballard says need more help.
“Sidewalks are one of the primary pathways connecting Indy’s families to schools, churches, and other important community centers,” Ballard said. “This new initiative will improve our neighborhoods, increase safety, and continue making the transformational investments that make Indy a great place to call home.”
Residents in the area of the Keenan Stahl Boys and Girls Club, according to Ballard, have long needed sidewalks to increase safety and connectivity. Pending approval by the City-County Council, construction of sidewalks in that neighborhood could begin in 2014.
Indianapolis is proposing to issue a bond for roughly $135 million based on a projected $7-million increase in state transportation funding. The city said the bond proceeds will be matched with traditional city, state and federal funding sources to provide roughly $350 million in neighborhood improvements. The bond will be introduced to the City-County Council on Monday.
Officials say if approved, the Department of Public Works will direct the investment toward projects that increase safety and create accessible transportation options to connect people to Indianapolis’ locations, whether they walk, bike, drive or use IndyGo.
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