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State awards $1.013 million KPDI grant to build Corporate Drive connector to industrial park
Summary
The Danville City Commission accepted a resolution authorizing acceptance of a Kentucky PD1/KPDI Phase 3 grant to fund a road connecting Corporate Drive to acreage behind Meggitt and Pioneer Services; the Boyle County Industrial Foundation will provide the required local match, and county officials have committed funds to the effort.
The Danville City Commission heard an update and approved a resolution to accept a KPDI Phase 3 grant to fund a road linking Corporate Drive to industrial property near Meggitt and Pioneer Services.
The grant award, described in the meeting as “a million and $13,000 — 1 million 13 thousand dollars and some change,” will fund construction of a connector road intended to open about 89 acres of developable industrial land, city staff said. The Boyle County Industrial Foundation agreed to provide the local match and the county has committed $100,000 to the effort, according to the presentation.
City staff said the project builds on earlier Kentucky PD1/EDA investments and the city’s previous KPDI-funded road work. Josh, a city staff member who presented the item, said the grant was competitive: “There’s only $35,000,000 allocated a year for these last 2 years for KPDI 3. There were over $81,000,000 in ask and we got a million dollars, the full amount.” He also said preliminary design and right-of-way are in place and that environmental reviews and bidding must be completed quickly to meet an end-of-year construction goal.
JJ Harris and others from the industrial foundation and economic development partners were cited as cooperating on required matching contributions and coordination. The city’s presentation noted that the Industrial Foundation would cover anticipated contingencies and that the grant does not require a city match. Josh told commissioners the project would be bid once environmental approvals and final designs are complete.
Commissioners and staff also tied the road to private expansion prospects. Josh said a local company has a prospective $8.5 million expansion that would create about 25 jobs, and city officials said the road would make adjacent parcels more marketable to firms such as Meggitt.
Commissioners approved the resolution without recorded dissent. City staff said they will return with finalized drawings, bid schedules and any contract requests once the environmental review and procurement steps are complete.
