Governor Ernie Fletcher, the Governor’s Office for Local Development (GOLD) and Senator Katie Stine, R-Ft. Thomas, announced today the commitment of $500,000 in Community Development Block Grant (CDBG) funds for an ambitious downtown renewal project in the city of Falmouth.
“The partnership between the CDBG program and Renaissance Kentucky-designated cities has provided communities with opportunities to create healthy local economies through well thought-out projects like this one in Falmouth,” said Governor Fletcher.
The project is a component of a total redevelopment of the infrastructure in the historic central business district of downtown Falmouth. The total cost of the project is over $1 million. CDBG funds will be used for electrical line utility rehabilitation, which includes removal and replacement of the existing electrical infrastructure with a modern and functional network.
Other project funds will pay for telephone and TV cable line replacement and burial, engineering and legal fees and to install ADA-compliant sidewalks, street lighting and signage.
GOLD Commissioner Darrell Brock, Jr. said the infrastructure rehabilitation project would be an impetus for the economic revitalization of the city’s downtown district. “The present electrical system is unreliable and employs transformers that are incapable of carrying required loads if the downtown area is redeveloped. This situation hinders Falmouth’s downtown urban renewal efforts and its ability to attract new residential and commercial development.”
Senator Stine said that having an attractive downtown area is a part of attracting new business. “This project will not only make Falmouth more aesthetically pleasing, but it will serve the city well in terms of economic development. We are grateful to Governor Fletcher and the staff of GOLD for their assistance in securing these grants dollars.”
Falmouth is a Silver-designated Renaissance Kentucky city.