NEW ALBANY —
John Rosenbarger, director of public facilities projects for the city, said INDOT has been notified of the Main Street project and of New Albany’s aim to garner the $500,000 pledge.
Rosenbarger said Tuesday the city didn’t seek federal funds for the improvements in part because of the project scope.
“Main Street is not a real small-ticket project, but we’re using the federal aid money on the $3 million to $5 million” road improvements, he said.
Federal grants typically require just a 20 percent match by the city, meaning 80 percent of a project is covered by federal funds.
The pot for federal funds for road projects was also recently cut by 20 percent in the Southern Indiana and Louisville region, Rosenbarger continued.
“We’ve pretty much maxed out the federal funding capabilities that apply to the Southern Indiana portion” of the region, he said.
INDOT’s $500,000 funding pledge could be used toward a federal match, but the agreement didn’t require a grant to be obtained, Rosenbarger said.
The city will also likely relay information about the project to the public through the Main Street Preservation Association.
The board of works is the city body that will oversee the project, and it meets weekly at 10 a.m. on Tuesdays.