The Town of Cedaredge has learned it has been approved for a $250,000 grant to make improvements to the downtown section of West Main Street.
The grant funds will be provided through the Colorado Department of Local Affairs from funds paid to the state by energy exploration and development companies.
"I''m very excited for our community. Main Street is still the heart of our community," said Mayor Pat Means. "There were $5 million in requests and only $2 million in funds to distribute. So I'm glad we got as much as we did." Cedaredge had requested $275,000.
Earlier this year the town was successful in selling $945,000 of revenue bonds to fund its street improvement program. Proceeds from that sale were banked in March. According to the town administrator, $568,837 from those bond sale proceeds will be used along with the DOLA grant for the downtown project. Money to repay the town's revenue bonds will come from a half-cent sales tax approved by voters several years ago.
The total price tag for the work, according to the town's grant application, is $1.14 million. In addition to the grant and the bond proceeds, a third major source of funding, $114,965, is listed as in-kind support from "Delta County Intergovernmental Coordination."
Another $87,000 is coming from the town's general fund and an additional $46,000 combined total from property owners' sidewalk assessments and a $20,000 "energy firm contribution."
Half of the project budget, $542,000, will be spent on street and storm sewer work.
The West Main improvements will include over two full blocks of the business district; from NW 3rd almost to the intersection of Grand Mesa Drive. That intersection is slated for another improvement project funded by a $205,000 CDOT commitment along with $51,000 of town funds. The intersection work likely won't be completed until at least sometime in 2014 at the earliest, Town Administrator Katie Sickles recently told the town board.
The improvements planned will include pedestrian-level amenities along with improved drainage design and structures. The plan includes many plantings of trees and shrubs, decorative lighting and paving, seating, and traffic-calming design features.
According to town officials the work time line is as follows:
• Complete contractor requirements May-June;
• Ground breaking ceremony to be announced;
• Goal is to be under construction July 1;
• Suspend project work during July 12-14 for Little Britches weekend;
• Suspend project during Oct. 3-6 for AppleFest and complete within a couple of months;
• Project to be 90 to 95 percent complete by October's AppleFest.
In its grant request presentation, the town cast its street and drainage improvements project as a needed revitalization of the Main Street district. The town's grant application states: "The West Main Street Improvement is a revitalization of the historical business district. For over ten years, town officials, business owners, constituents and area leaders have been working together for the purpose of restoring Main Street to a vital heart of a rural cultural community, energizing the business environment and improving safe access. The major portion of the project includes improving drainage, reconstructing the road foundation, creating pedestrian access, in addition to preserving the historical buildings, supporting established businesses and encouraging new businesses to locate on Main Street."blog comments powered by Disqus