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Loveland seeks state grant and loan options for Loveland Madera Road Phase 2; project placed at stage 2 with $6.08M estimate
Summary
City staff told council they will apply to the Ohio Public Works Commission for funding for Loveland Madera Road Phase 2, estimated at about $6.08 million with an approximate $2 million local match; council authorized the application 6-0.
City staff told the Loveland City Council that the Loveland Madera Road Phase 2 project is ready for a state funding application and asked council to authorize the engineer to apply to the Ohio Public Works Commission (OPWC) for grants or 0% loans.
Council adopted Resolution 87 on a 6-0 roll call, authorizing the city engineer to prepare and submit an OPWC application and to execute required contracts. The application deadline was stated as Sept. 29.
Staff described the project as a multi-element roadway improvement from West Loveland to the proposed Valley View roundabout. Planned work includes access to the Chestnut property, landscaped center medians for traffic calming, pedestrian walkways on both sides of Loveland Madera Road, street trees and lighting, buried utilities, storm improvements, water-main replacement and consolidation of access points.
Staff reported the project is at OPWC stage 2 and presented a current construction estimate (including a 16.9% contingency) of $6,079,000. That estimate leaves an approximate local match need of $2,000,000. Of the total, staff identified about $656,000 attributable to water-main replacement, proposed to come from the city’s water-main replacement (WMR) fund. The staff recommendation was to pursue a grant request of roughly $1,400,000 and to accept a 0% loan if offered.
City staff advised that OPWC funds would become available in July 2026 and that, depending on project scheduling, the project would likely be a 2027 funded project with flexibility to delay breaking ground beyond funds availability. Staff said the city will work the local budgeting process to plan for any loan repayment (20-year loans were referenced as typical).
Kelsey Richards, identified in the meeting as the city engineer, was present to answer technical questions; staff said they favor submitting the application and pursuing grant and low-interest loan options to reduce the city’s upfront local match.
