How much will we get?
State: $75 million
Clay County: $513,000
By JASON JACOBS
Indiana Gov. Mitch Daniels completed his Major Moves initiative Friday, giving local governments around the state support for their bridge and road projects.
It is the first time in five years the state has provided direct support for such projects. Friday marked the first of two $75 million motor vehicle highway fund (MVH) distributions covering all 92 counties in the state.
"From my travels to cities and towns across the state, I've seen firsthand the need to help local governments address their own infrastructure needs," Daniels said. "First class transportation infrastructure at all levels is vital to our future economic comeback."
The state distributed the first $75 million across the state through electronic transfer. The second $75 million will be sent out next year.
Clay County's share of the amount is $512,786.81, of which over $56,000 will go to the City of Brazil.
The city placed its share of the funds into a Certificate of Deposit (CD) at a local bank for use strictly on road repairs next year.
"We decided to put back the money and wait until next year after winter ends to begin street repairs," Brazil Mayor Tom Arthur said. "With it being so late in the construction season, we felt it would be best to hold off on the repairs so a project does not begin before winter then have to stop due to inclement weather, leaving certain roads impassible for the duration of the season."
Just under 85 percent of the allotted money will be distributed, by the county auditor, to the county itself. The counties and cities may use the funds as described by IC 8-14-1-3, which includes construction, reconstruction and maintenance of highways, roads and bridges. The funds can also be used to purchase or lease highway equipment, among other things.
These funds are on top of the more than $10 billion the state will spend on various roadway projects over the next 10 years.
"Companies looking to locate to Indiana don't care whether the roads they use would bear a federal, state or local designation," Daniels said.