Posted by Jeremy Shulkin
We’re waiting to hear back from the City Manager’s office for a more comprehensive breakdown of how the city will spend the $23 million that CSX will give for their rail yard expansion, but while we wait here are some vague figures:
-Neighborhood Improvement Fund : $5 mil
-Community Fund: $4.4 mil ($1 fee per container for a twenty year period, beginning when approvals and permits are obtained)
-Road/Traffic Enhancements to Lower Grafton St. (at I-290): $1.5 mil
-Road/Traffic Signal Improvements at Plantation St./Brown Sq./Franklin St: $1.5 mil
-Streetscape and Beautification – Grafton St./Brown Square/Plantation St./Franklin St.: $10.6 mil
While walking the mean streets earlier today, we bumped into a city councilor who mentioned something about money from the neighborhood improvement fund going towards building two new pools, with Holmes Field as one of the locations specifically mentioned. If that’s the case, they said, construction could potentially start this year. The money wouldn’t be subject to budgetary constraints because it’s counted as additional revenue for the city, not a pre-determined line item in the city’s finances.