BEDFORD – The Bedford Redevelopment Commission passed a resolution to commit $100,000 to the City of Bedford for paving projects.
Flynn & Sons Excavating & Paving Inc. won the bid of $780,535.80 to pave 14 city streets. They will begin paving city roads in July.
The City of Bedford was awarded a Community Crossings Grant of $418,033.07 which is a 50/50 grant. The City of Bedford will commit approximately $300,000 for the portion of the project. The RDC will commit $100,000 to the project.
A list of streets scheduled to be paved:
12th Street
- Oak Manor to U Street
- U Street to T Street
- T Street to S Street
- S Street to R Street
- R Street to Q Street
- Q Street to P Street
- P Street to O Street
- O Street to N Street
- N Street to M Street
- M Street to L Street
14th Street
- T Street to R Street
- R Street to Q Street
- Q Street to P Street
- P Street to O Street
- O Street to N Street
- N Street to M Street
- M Street to L Street
- L Street to K Street
- K Street to J Street
- J Street to I Street
- I Street to H Street
17th Street
- A Street to Hawthrone Drive
19th Street
- N Street to M Street
- Washington Avenue to N street
22nd Street
- M Street to N Street
- M Street to K Street
- K Street to J Street
- K Street to I Street
- I Street to H street
28th Street
- Washington Avenue to R Street
- R Street to Q Street
- Q Street to Mitchell Road
25th Street
- Mitchell Road to P Street
- P Street to Q Street
- Q Street to Collins Trailer Court
- Collins Trailer Court to Washington Avenue
29th Street
- Washington Avenue to U Street
- U Street to V Street
- V Street to Eastern Avenue
- Eastern to Western Avenue
- Western Avenue to X Street
- X Street to Illinois street
- Illinois Street to Shawnee drive
- Shawnee Drive to Broadview Drive
- Broadview Drive to Brock Lane
- Brock Lane to Forestview Drive
- Forestview Drive to State Road 37
7th Street
- Lincoln Avenue to M Street
- M Street to Norton Street
- Norton Street to J Street
- J Street to I Street
Bailey Scales Road
- Indiana State Road 58 to Bailey Lane
- Bailey Lane to Barlow Lane
- Barlow Lane to April Lane
H street
- 22nd Street to 24th Street
- 24th Street to 25th Street
Fairgrounds Lane
- M Street to N Street
- N Street to O Street
N Street
- Indiana State Road 58 to 4th Street
- 4th Street to 3rd Street
- 3rd Street to 2nd Street
- 2nd Street to Peerless Road
River Bluff Road
- Pumphouse Road to Smith Drive
- Smith Drive to Austin Drive
- Austin Drive to US 50
This project will be one of the largest paving projects the City of Bedford has undertaken.
Bedford Redevelopment Commission also passed a resolution to capture Incremental Assessed Value from the city’s TIF districts for possible future projects in the City of Bedford.
There is approximately $294 million in net assessed value over the last five years, from the City of Bedford’s three TIF districts. This generates approximately $2.4 million a year in revenue from the TIF areas.
The projects under consideration include:
- Road construction improvements to improve consolidated areas which include improving road conditions and paving
- Public Safety/ Service equipment and buildings
- Restoration/Relocation of City Hall
- Roundabout at Beech Street and John Williams Boulevard
- Potential redemption of 2017 Revenue Bond (USDA Loan) which is a loan for the StoneGate Arts and Education Center.
The USDA loan amount is $3.5 million, with approximately $ 3.26 million remaining for the loan in February 2037 for the StoneGate Arts and Education Center.
The projected costs of a proposed roundabout at the intersection of John Williams Boulevard and Beech Street were estimated at $1.8 million in 2019.
The Bedford Redevelopment Commission will decide at a later time which future project the group will support.
