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Ironton council OKs OPWC application for South Third Street; debate centers on match and financing
Summary
Council passed resolution 25-44 authorizing an Ohio Public Works Commission application for South Third Street repairs; members discussed a $300,000 maximum grant, how a 25% local match would be calculated and options to finance the city’s share, including a 0% 10-year loan scenario.
The Ironton City Council on Sept. 25 approved resolution 25-44 authorizing the mayor to apply to the Ohio Public Works Commission (OPWC) for state capital or local transportation improvement funding to repair South Third Street.
Council debate focused on how much local match the city must certify and whether to cover that with cash or a loan. A city staff speaker explained the scoring and match math: “to get…
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