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Council approves $126,000 design contract for 20 Fifth Street reconstruction phase 2
Summary
The council authorized a $126,000 planning and engineering agreement with Keeser Consulting to design the remaining 0.4 miles of 20 Fifth Street, aiming for a September–October bid to align with current contractors; funds will come from the town's remaining general obligation bond proceeds.
The Speedway Town Council approved a $126,000 planning and engineering services agreement with Keeser Consulting on June 23 to design phase 2 of the 20 Fifth Street reconstruction, covering roughly 0.4 miles from Parkwood to High School Road.
Town Manager Grant Kleinhines said favorable pricing and several grants, plus a recent City of Indianapolis partnership of about $850,000, created an opportunity to design and potentially bid the remaining work this fall while contractors are already in the area. Kleinhines listed multiple funding sources: the Community Crossings matching grant, a Metropolitan Planning Organization (MPO) grant, and the Indianapolis contribution.
Kleinhines said the design contract of $126,000 would be paid from proceeds of a general obligation bond the town previously issued, which originally funded multiple projects; he said the bond was about $4 million and roughly $2 million remains available. Councilor Sarah Gardner moved approval; President Nick Sturgeon seconded and the motion passed 4-0.
Staff said the design aims to create bid-ready documents by September–October so the current contractors finishing nearby work could include this segment. Construction timing was expected after the 2025 racing season, with staff estimating a likely start in 2026. Kleinhines noted the project scope is primarily road reconstruction and that most sidewalks in the area were replaced three to four years ago, so sidewalk work would be limited.
The contract will let Keeser Consulting begin design work immediately; staff will return with construction bidding and scheduling details.
