AMES, Iowa – Aug. 13, 2013 – Today, the Iowa Transportation Commission approved a Revitalize Iowa's Sound Economy (RISE) Local Development grant application submitted by the city of Coralville. Up to $324,350 will be made available to assist in construction of approximately 1,100 feet of University Parkway located on the north central side of town. This project is anticipated to be completed by December 2014.
This project is necessary to provide access to four lots totaling more than 26 acres for professional office purposes.
Funding for the grant comes from the city share of the RISE Fund.
For more information, contact: Craig Markley at 515-239-1027 or firstname.lastname@example.org.