Greenwood City Council unanimously passed a resolution Monday during their regular meeting that would commit about half a million dollars to a proposed streetscape project along Riley, Magnolia, Phoenix and Main Streets.
City manager Charlie Barrineau told council that the estimated cost of the total project is anticipated to be about $1.2 million, though Barrineau noted that the city had yet to receive any bids on the project. That cost will be offset by a $500,000 Community Development Block Grant, the same grant that has been used for many of the projects in Uptown Greenwood over the course of the last decade.
The resolution, which is required as part of the grant application process, would commit $535,629.72 to match the $500,000 CDBG. Barrineau said that figure does not include the match amounts from Greenwood Metropolitan District or Greenwood Commissioners of Public Works. The water and sewer lines under the affected roads are between 80 and 100 years old, Barrineau said, and need to be replaced.
The proposed streetscape, the 13th such project in Uptown Greenwood as part of the City Center Master Plan developed a decade ago when State Sen. Floyd Nicholson was the Mayor of Greenwood, is intended to connect Magnolia Park to the Uptown Greenwood area.
City officials will learn if Greenwood is awarded the grant in December, Barrineau said, and the project would begin around August 2015 should the grant be awarded.