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Fourth Street Corridor Project Wins Additional Funding
Posted Date:
4/19/2013
The City of Maryville and Northwest Missouri State University’s Fourth Street Corridor Project received a new boost of funding this week, when Nodaway County Economic Development (NCED) through the Missouri Department of Economic Development was awarded Neighborhood Assistance Program (NAP) Tax Credits for the project. The credits will contribute $487,000 toward the Fourth Street Corridor Project.
FOURTH STREET IMPROVEMENT PROJECT CREATES NEW PARTNERSHIP ASSISTANCE

Maryville, MO- The City of Maryville and Northwest Missouri State University’s Fourth Street Corridor Project received a new boost of funding this week, when Nodaway County Economic Development (NCED) through the Missouri Department of Economic Development was awarded Neighborhood Assistance Program (NAP) Tax Credits for the project.

NCED received on behalf of the project $387,830 in 70% NAP Credits which will contribute $487,000 toward the Fourth Street Corridor Project. The Missouri State Tax Credits will be administered by NCED through the course of the project and will assist in helping to attract private funding focused on corridor improvements. Funds raised through the sale of NAP Tax Credits will be utilized to purchase lighting designed to be pedestrian and multimodal friendly; assist in helping small business with façade renovations within the fringe area between downtown and the residential district; enhance the landscape and walkways proposed in the corridor; and create an Engagement of the Arts program (for youth and all ages) with permanent and commissioned art along the pathway.

“NCED is pleased to provide support to this worthy project,” states Lee Langerock, Executive Director of Nodaway County Economic Development. “We greatly appreciate the State of Missouri’s investment in our community and look forward to providing service to the development of the Fourth Street Corridor.”

The corridor project was announced in late September as a joint partnership by Northwest Missouri State University and the City of Maryville. The group of agencies including NCED have partnered with SK Design Group, Inc of Overland Park, KS to engineer/design various improvements. NCED is working with Chief of University Police Clarence Green and Director of Maryville Public Safety Keith Wood on lighting and design. SK Design Group will present a conceptual design to the Maryville City Council for their review and input, prior to final design development and approval.

 

 
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