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The Board of Finance unanimously accepted a $1,160,400 LOTCIP grant for Scotland Avenue roadway improvements. Combined with an earlier $800,000 connectivity grant and $375,000 in approved CIP funding, the grant reduces Madison’s expected matching contribution from about $1.2 million to approximately $250,000.
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The grant provides major outside funding for planned Scotland Avenue roadway improvements and lowers the amount Madison would need to contribute. The board did not approve a requested $100,000 appropriation to the Meals-on-Wheels Reserve Fund; the vote ended in a 3-3 tie, so the motion failed.
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