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City manager: $457,922 available for Phase 9 resurfacing; South Broad multimillion-dollar project progressing
Summary
Interim city manager reported $457,922.23 available for Phase 9 street resurfacing, broken into LMIG funds and a Local Road Assistance grant, and provided an update on the South Broad multimillion-dollar utility and drainage project.
The interim city manager told the Cairo City Council the city has $457,922.23 available for Phase 9 of its street-resurfacing master plan, funding that would cover about 5.5 miles of resurfacing in the initial scope.
The funding package combines a Local Maintenance and Improvement Grant (LMIG) allocation of $180,828.47, a required 30% city match of $54,248.54 (for a total LMIG-related amount of $235,077.01), and a Local Road Assistance (LRA) grant of $221,846.22 that carries no local match. “As of today, we did receive the LRA, which is the local road assistance, additional…
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