STATE LOAN AND INVESTMENT BOARD (SLIB) APPROVES $1,493,580 IN FUNDING FOR AIRPORT ROAD PROJECT
Friday, January 29, 2010
The State Loan and Investment Board (SLIB) approved Natrona County’s request of $1,493,580 in funding for the reconstruction of Morgan Street, one of the main thoroughfares from the Airport to U.S. Highway 20/26 and the only access to that particular area of the Airport’s business park. Morgan Street was deemed insufficient to handle heavy truck loads and future growth in the business park. The grant funds will be used to improve the road and extend it north 1,000 feet toward 6 Mile Road. The current companies in the business park, development north of the Airport, the foreign trade zone, and U.S. Customs will all benefit from the extension and reconstruction of the road. The road improvements will enhance the land value on each side of Morgan Street and will allow the Airport to better market the area. The Airport is completing engineer selection for the project, and design will begin in February. Reconstruction on the road is anticipated to begin in the summer and be completed later this year.
Category: Press Releases