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June 18, 2013

Three more redevelopment projects OK’d in Jeffersonville

Public safety expenses examined


Three more redevelopment projects pushed by Jeffersonville Mayor Mike Moore were approved by the Jeffersonville City Council.

The city council unanimously approved amending the Inner City Road and Falls Landing Tax-Increment Financing District Economic Development Plans to allow the city to move forward on Allison Brook Park, phase one of the 10th Street widening project and the construction of the Veterans Parkway south-side access road project.

City Council Attorney Scott Lewis explained that phase one of the 10th Street widening project would include expenses up to 2016, when the construction phase of the project is set to begin.

“The reason why that second phase is not being completed at this time is there is anticipation that there will be money that can be secured from the state at that time,” he said.

According to previous cost estimates offered, the cost of for the 10th Street widening is $12.6 million.

Allison Brook Park is designed to turn a former brownfield near the corner of Allison Lane and Middle Road into a 7-acre park and community garden. Previous plans for the park included bringing a retention basin into the park; however, the plan was scrapped over cost concerns and because it is a retention basin owned by a private development.

The estimated project cost is $150,000.

The final project approved Monday is for a southern access road to Veterans Parkway, near Charlestown-New Albany Pike, that will offer an additional connection to Jeffersonville’s Town Center development. The estimated project cost totals $2.35 million.

Five projects were approved in April that will also utilize TIF funds. The projects were the Big Four Bridge ramp, Big Four Station, changes to a floodwall gate to make way for the Big Four Bridge ramp, Chestnut Street reconstruction and the Thompson Lane improvement project.

The projects approved came from a list of 25 potential projects presented by Moore’s administration.

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