Thursday, September 20, 2001
Monmouth businesses get break
State grant lowers revamp assessments
By Terry Flynn
The Cincinnati Enquirer
NEWPORT City officials were able to further lower streetscape assessment costs to property owners on Monmouth Street with the help of a $400,000 grant this week from the Kentucky Transportation Cabinet.
The grant, from the Cabinet's highway project contingency account, will drop the assessment payments from property owners 56 percent from the original figure of $35.98 per linear front foot.
This is the second state grant for Newport since city commissioners approved the $4 million streetscape project for Monmouth Street in March. The project includes all new sidewalks and curbs, removal of all overhead wires and utility poles, and putting electrical lines under ground.
I think the city has lived up to its commitment of getting additional money to reduce the assessments to property owners, Newport City Manager Phil Ciafardini said Tuesday. We felt confident we could get something, but we didn't know when it would happen. We are happy we were able to get this additional money.
Newport, which hopes the newly dubbed South of the Levee area will benefit from foot traffic from Newport on the Levee, received $400,000 from the Transportation Cabinet in July. The money was applied to the streetscape project, dropping the assessment per linear front foot to $23.53.
With the assessment now at $15.77 per linear front foot, the typical Monmouth Street property owner who has a 35-foot frontage will pay $707 less per year than originally proposed, for a savings of $7,070 over 10 years.
The streetscape assessments, as approved by commissioners, won't start for three years and then will be spaced out over a 10-year period.
We are committed to a downtown revitalization, Mr. Ciafardini said. We can't make downtown businesses successful, but we can create the atmosphere for them to succeed. We hope the business owners will continue to work with us.
Mr. Ciafardini said Newport Mayor Tom Guidugli and State Rep. Jim Callahan (D-Wilder) were instrumental in obtaining the latest grant.
Two interviews, two versions examined in court
Banned-songs flap downplayed
Embroidery company sending patriot shirts
Forum at Xavier reveals truths, myths about Islam
Guard ready to rumble
Ohioans help, and hope
Prayers rise as students, residents flock to 'Flagpole'
Task forces to fight threat of terrorism
Area health leader decries low payments
Council debate on Genesis money scandal gets ugly
County debates security proposal
Herwegh Society marks 125 years
Matlock created magazine on radio
Museum hires Smithsonian director
PULFER: Jerry Schmitz
Racial issues examined
Schools measured on closing gap
Traffic jams likely as UC begins classes
Tristate A.M. Report
CROWLEY: Kentucky Politics
Bears lose their stuffing; bust uncovers Viagra scheme
Mason teachers ask to resume contract sessions
Error voids election
Payments to inmates approved in '93 prison riot
Bellevue hopes to replace trophies
Electric utilities guarded on plans
Kentucky News Briefs
Monmouth businesses get break
1,033 pounds of marijuana seized from rig, police say
Reproductions of history
Virus suspected in birds' deaths