Not any more.
The village has been awarded $585,000 for the street improvements — inside the curbs — and $410,000 for the improvements outside the curbs on Main Street from Lake Street west to Burden Street.
“That pretty well covers the construction costs,” said village administrator David Cox
Planned downtown improvements were earlier put off when key new development in the tax incremental finance district fell through. The chance for the grants, which are part of the federal stimulus, gave new life to the infrastructure portions of the project.
Additional sewer and water system work could add another $400,000 to the project, which could come from TIF district funding. In a TIF district, infrastructure improvements are paid for by increases in property values — and consequently tax revenue — within the district.
The village’s good fortune with the project continued in the acceptance of angle parking along Main. Angle parking is not ordinarily allowed along a federally funded road project. But in asking for an exception, which was granted, the village argued eliminating the angle parking would be a hardship for dowtown businesses.
