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Mayor Thomas Broderick, Jr. announced today that the city has received notification from the Indiana Department of Transportation that the city has been awarded 1 million dollars in matching funds to be used for the road paving of 8th Street from Rangeline to Winding Way. Additionally, the award will also partially cover a paving project for a portion of Martin Luther King Blvd. Mayor Broderick explained that city engineer Michael Spyers applied for the matching funds in July of this year utilizing a 50% match from the funds received earlier this year from the state LOIT (Local Option Income Funds) distribution. Broderick had announced earlier the intent of the city to apply for the grant and use a portion of the funds as a leverage to receive additional funding for city roads.
Mayor Broderick stated that the 1 million grant is part of a total of 47 million dollars being distributed throughout central Indiana and 160 million dollars being distributed throughout Indiana as part of the States Community Crossings Matching Grant Fund.
The announcement of the INDOT award was made through the office of Lt. Governor Eric Holcomb. Holcomb stated, “Communities in central Indiana are showing a strong commitment to modernizing infrastructure by pursuing these grants and we are looking forward to seeing the projects that these funds will help complete.”
Mayor Broderick explained this award is in addition to the approximate $5 million dollars in paving projects which he previously announced. Broderick stated, “We are pleased that the city, through its city engineer’s office, was able to secure these funds in order to be able to continue to improve our local roads.”