The City of Edmond is preparing to submit a grant application to the state for the portion Covell Parkway extending from Interstate 35 interchange to Fairfax Drive. City staff will be meeting with state officials to discuss how Edmond fits into the pecking order allotted for funds, Commons said.
There might be a need for the city to increase its local share of capital commitment by $1 million to $2 million to keep the project moving forward, he said before the city council this week. An expensive project in Norman already rates favorably to get state money, Commons said.
“If we put some additional money in, we still have a chance to get some of that money,” said Larry Stevens, city manager.
The city would like to avoid tearing up Covell after the $25 million Hilton Garden Inn and conference center is open, Commons said.
Increasing roadway infrastructure needs are not going to go away on that portion of Covell, Commons said. A new McDonald’s restaurant is proposed for the southwest corner of I-35 and Covell. Also, Councilwoman Victoria Caldwell noted that a public new high school will be constructed in six years on an 80-acre site located on the southeast corner of Air Depot and Covell.
“It’s in our interest to try to raise the ante if we need to so we can get the matching funds,” Commons said. The city’s traditional share of funding it 20 percent local to 80 percent from the state.
“Some of these major road projects may become such that we have to fund a road entirely on our own,” Stevens said. “We were willing to do that at Kelly and Covell. The only reason we didn’t have to is our engineering folks were able to get us back in the mix and we ended up with $7 million from the state.”
The total project cost for the Covell widening project is currently estimated at $11.75 million, Stevens said. This figure includes $9.8 million from the Oklahoma Department of Transportation and $1.95 million from the 2000 Capital Improvement Sales Tax.
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