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Franklin finance committee weighs accelerated Drexel Avenue rebuild as Costco nears
Summary
City staff told the finance committee that Drexel Avenue reconstruction is estimated at about $4.5 million, that a DOT grant application faces long odds and would likely delay construction until 2029, and asked whether the city should pursue accelerated local funding to align the work with nearby Costco’s opening.
The Franklin City Finance Committee heard on the projected cost and timing of reconstructing Drexel Avenue and the trade-offs of pursuing state grant funding versus local financing.
Staff engineer (speaker 3) told the committee the roadway sits on poor soils and wetlands, making it an expensive rebuild; the estimated design-and-construction cost is about $4.5 million. “We did apply for a grama, SDP grant,” the engineer said, but added…
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