Village of Richton Park issued the following announcement on July 26.
After years without a State Capital Bill, legislators have worked diligently to pass a comprehensive capital bill and spending package for south suburban cities and villages. This year, the Village of Richton Park is fortunate to have been designated to receive over $1.825 Million in funding to help with addressing some of our most pertinent capital improvement project needs. Senate Bill 1939 approved by the State legislature in May includes funding for much needed road, bridge and other transportation related infrastructure improvements throughout the State of Illinois.
The funding being allocated to Richton Park is being designated for various community capital projects focused on storm water management infrastructure and roadway improvements. Several Village storm water management improvement projects are related to reducing flood hazard areas in the community that will assist in boosting economic development opportunities in key commercial areas including the Central Avenue/Sauk Trail area near Walmart and Governors Highway/Sauk Trail area where the Village is working to bring forth mixed-use transit-oriented development project opportunities near the existing Metra Commuter Station. Additionally, monies will be used for the replacement of water mains and road resurfacing in residential areas where replacement is critical.
Each mentioned project initiative is a vital component in making sure economic development is strategically efficient, with plentiful opportunities for capital.
Original source can be found here.
Alerts Sign-up