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Council approves $3.3 million design push for Peoria Innovation Corps road projects ahead of land auction
Summary
Council authorized creation of two capital projects and a $3.3 million contingency transfer to design public infrastructure for the Peoria Innovation Corps, with staff saying the city will be reimbursed for design costs at the time of state land auctions.
The City Council on Nov. 4 approved the creation of two capital improvement projects and the transfer of $3,300,000 from contingency to design public infrastructure tied to the Peoria Innovation Corps, a city-led master‑development area for which the city is master developer under an intergovernmental agreement with the State Land Department.
Deputy City Manager Mike Faust told the council the projects include sections of Lone Mountain Parkway and two phases of 90th Avenue that will provide roadway,…
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