Financing in place for National Highway Project

washington-city-seal-and-indot-logo-combined

            The Washington City Council met Monday evening and passed three ordinances that set up the financing mechanism for the Business 50 renewal project through the middle of Washington.  Mayor Wellman said that the road is the most heavily traveled thoroughfare in Daviess County, but remains a low priority a low mainance road for INDOT.   But to get the road off their books, INDOT will finance 87% of the road project’s cost, including the replacement of curbs and sidewalks.  INDOT will reimburse the City of Washington approximately $17 million of the $20 million project.  Wellman noted that by using Economic development funds and the state reimbursement of LOIT funds, the City’s share will be financed without raising taxes or interfering with other city services.  

 

      In other business the Council agreed to consider an ordinance vacation a platted, but undeveloped extension of Jackson Street.  The segment platted in 1890, was never developed and is too narrow to meet current street standards.   If vacated, state law requires theright-of-way be split between neighboring property owners.  Marty Padgett was concerned about utility access to his property and was assured that the City would retain a utility easement through the property if it is vacated.  The proposed ordinance will be introduced at the next Council meeting.