Region: Local Match Needed for I-25 Grants

CDOT and North Front Range Metropolitan Planning Organization (NFRMPO) are scrambling to secure agreements from area governments to provide the required $25 million local match for the TIGER and FASTLANE grant applications. The grants would help fund a $230 million package of improvements to North I-25, including a third lane on I-25 from SH 14 to just north of Highway 402 and bridge replacements.

Larimer County and its municipalities already committed $10 million through the County’s road and bridge mill levy. Larimer and Weld counties, Fort Collins, Berthoud, Loveland, Timnath, Windsor and Johnstown are being asked to make up an estimated $7 million shortfall in local match funding. To date, Fort Collins and Loveland have each agreed to contribute $2 million. Windsor and Johnstown’s boards have voted to provide $1 million, so the gap is decreasing. Although the grant applications are due this month, the Federal Highway Administration (FHWA) will not announce the winners until later this fall.

This entry was posted in Gov't Affairs, Govt - Northeastern Colorado and tagged , , , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s