December 19, 2019·Ranson Financial·1 min read

The Manhattan City Commission has paved the way for improvements at College and Kimball Ave. as part of its North Campus Corridor improvement project.

Wildcat Construction on Tuesday was awarded a $7.5 million construction contract, with BG Consultants receiving $130,500 for engineering services.The project will include complete pavement removal and replacement, widening of Kimball Ave. to six lanes with double turn lanes and longer left-hand turn lanes along College Ave. The total estimate on the project is $43 million over the next 14 years, including $20 million for street improvements and $23 million for landscaping and beautification of the area.
To finance the project the city plans to buy down principal using four years of revenue, including $2 million in existing Eco Devo funds through 2023. A total of $2.2 million in property taxes would be utilized to fund part of the remainder through 2033, but that could change if the Eco Devo tax is renewed.
Source: 1350 KMANRead the full story ↗

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