The Oak Creek City Council has scheduled a meeting to discuss funding for a potential Drexel Avenue interchange at Interstate 94.
The Journal Sentinel has the story. From the story …
The council has already adopted a resolution pledging $3.75 million in city money. At time, that was equal to 25% of the $15 million that the state Department of Transportation estimated the interchange would cost.
The DOT, however, requires 50% in local money to build an interchange.
Recently, however, the DOT reduced its cost estimate to $12.9 million and Northwestern Mutual Life Insurance, which has a large office complex in Franklin, has pledged $1.6 million toward the interchange cost.
The City of Franklin has not pledged any money to the proposed interchange, although it has said it would cover $500,000 in lighting on the Franklin side of S. 27th St. That would normally be the responsibility of the DOT.
A new resolution to be considered at Monday’s special meeting would commit Oak Creek to the same $3.75 million it previously pledged for the interchange, plus $650,000 in lighting for Drexel Ave. and S. 27th St. and related utility costs.
I hope interchange becomes a reality some day. See my previous post for why …
South Milwaukee Blog 