City council clears first $10M overpass payment

columbus-city-indiana

COLUMBUS, Ind.–The Columbus City Council on Tuesday night gave the final approval to send the first $10 million payment to the Indiana Department of Transportation for the State Road 46 Railroad Overpass Project. The first disbursement consists of $4 million coming from the Central TIF, $5.5 million from the Cummins TIF, and $500,000 from the county. An additional $1 million from the county is being held within the non-reverting fund for future payments. The initial installment will be sent to INDOT on Friday, December 15.

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