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Peosta council signals support for Highway 20 diamond interchange and asks staff to seek cost estimates
Summary
Council members expressed consensus to pursue a diamond interchange for Highway 20 as the community's preferred long-term option and directed staff to gather cost estimates and discuss financing options including Cap Drive before advancing to the DOT.
Council members said they were broadly supportive of pursuing a diamond interchange on Highway 20 as the city's preferred long-term option and asked staff to obtain cost estimates and financing scenarios.
In the mayor's report, the mayor summarized a prior work-session discussion and said attendees were generally unanimous in favor of moving toward a diamond interchange. Council asked staff (Maggie) to provide numbers for both the interchange option and alternatives and to coordinate with DOT; the mayor said he would notify DOT officials that the city intends to move forward. The mayor also noted the city is considering Cap Drive financing and that debt limits and levy considerations will inform the project time frame.
Council members discussed time horizons and financing, noting the interchange could be several years out and that pursuing Cap Drive improvements and funding strategy first could affect timing and total costs. No formal action or appropriation was taken at the meeting; staff were directed to return with numbers and options.
