What is the anticipated cost of this project, and did the City receive grants for the work?
A federal grant will pay for 80% of the total project costs. The City will provide funding for 20% of the project cost. The funding breakdown is summarized in this table and shows all funding, including engineering and construction:
|
Federal Funds
|
City Funds (Local Match)
|
Total
|
|
$11,808,008
|
$3,875,002
|
$15,683,010
|
Federal funding is not dependent on construction of bike lanes. If the City decides not to build bike lanes, federal funding will not be lost.
