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River Bridge District: >$8 million street rebuild; Phase 1 is 83% - PowerPoint PPT Presentation

Nov 11, 2022 •119 likes •150 views

River Bridge District: >$8 million street rebuild; Phase 1 is 83% complete (3/31/18) >public/private partnership >Agri-businesses (ABCD) 1 Funding for the project is coming from various public and private sources, including $1.5

  1. River Bridge District: >$8 million street rebuild; Phase 1 is 83% complete (3/31/18) >public/private partnership >Agri-businesses (ABCD) 1

  2.  Funding for the project is coming from various public and private sources, including $1.5 million from the private sector (Bunge-SCF, Cargill, and the Casino Queen have each committed $500,000 for the project). The additional funding is being provided in the form of a $3.5 million grant to St. Clair County from the US Department of Commerce’s Economic Development Administration (EDA); a $1.5 million contribution from SWIDA; $900,000 from the St. Clair County Transit District; $500,000 from the Metro East Park and Recreation District and a $125,000 TARP grant from the Illinois Department of Transportation. 2

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