Back in July 2018, when the Common Council amended the city's zoning to accommodate Stewart's plans for expansion at the corner of Green Street and Fairview Avenue, it was the expectation that Stewart's would provide the money needed to finance improvements to the intersection, for the safety of pedestrians and drivers, in a host community benefit agreement. In May 2019, the terms of the agreement were presented to the Common Council. The City would receive $200,000 from Stewart's to compensate for the impacts of the project on the community: $135,000 to $140,000 to be used for improvements to the intersection to enhance pedestrian access; the remainder--$60,000 to $65,000--to be used for planning and zoning studies.
Now, nearly three years later, there is on the agenda for tonight's Common Council meeting a resolution regarding the improvements to the intersection. It reveals that the proposed improvements to the intersection, the exact nature of which is not known to the public, are now estimated to cost $339,565.00--70 percent more than the amount received for the purpose from Stewart's in the host community benefit agreement. The resolution authorizes making up the difference with the City's ARPA (American Rescue Plan Act) funds.
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