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Council advances $15.3M to secure rights of way for Peoria Innovation Corps projects
Summary
The council approved a budget amendment to advance $15.3 million from contingency to acquire state trust land rights of way needed for Lake Pleasant Parkway, Ashlar Hills Drive, 90th Avenue extensions, water infrastructure and a recovery well to support the Peoria Innovation Corps development.
Peoria city council voted April 22 to approve a budget amendment advancing $15.3 million to secure rights of way for several Peoria Innovation Corps (PIC) infrastructure projects. Staff said the funds will be advanced from contingency and will be reimbursed after land auction or developer purchase under the city’s intergovernmental agreement with the State Land Department.
Development Engineering Director Jeff…
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