*Missouri Governor Michael L. Parson*

Office of Communications

_____________________________________________________________________________________

*FOR IMMEDIATE RELEASE*

December 16, 2019

*Transportation Projects Selected Under Governor Parsons Cost-Share Program*

*(JEFFERSON CITY, MO)* Today, Governor Mike Parson announced that 20 transportation projects will receive $50 million under his transportation cost-share program. The Missouri Departments of Transportation (MoDOT) and Economic Development (DED) selected the projects with the goal of building partnerships with local entities to deliver road and bridge projects that have the greatest economic benefit to the state.

This is an exciting opportunity for Missouri to turn infrastructure investments into workforce investments, *Governor Parson* said. The number of applications shows that these partnerships are not only of great interest but of great benefit to Missourians. It also highlights that many unfunded transportation needs remain in our state.

Projects awarded range from urban roadway improvements to local community projects, all of which support economic development.

MoDOTs Cost-Share Committee, made up of MoDOTs Chief Engineer, Chief Financial Officer, Assistant Chief Engineer, and two Director-appointed employees along with DED staff, reviewed 48 applications requesting more than $92 million to deliver $321 million in projects. The committee selected 20 applications to receive the $50 million, which will deliver $131 million in projects upon approval by the Missouri Highways and Transportation Commission in January.

During legislative session, the Missouri General Assembly appropriated $50 million to create the Governors transportation cost-share program, which provides financial assistance to public and private applicants for public road and bridge projects. The program matches up to 50 percent of the construction contract costs for selected projects.

Ten percent of the funds are set aside for projects that demonstrate economic development. MoDOT and DED worked with project sponsors to determine when projects may generate economic development. The departments may contribute up to 100 percent of the construction contract costs from the 10 percent set aside for these projects.

For the full list of selected projects, please see attachment. The selected projects will be presented to the Missouri Highways and Transportation Commission for approval in January.

###


* Transportation Cost-Share Program Selected Projects.pdf [ [link removed] ]
________________________________________________________________________

*Contact: Kelli R. Jones*

Communications Director

Work: 573-751-0765

Mobile: 573-508-9072

Email: [email protected]

Website: www.governor.mo.gov


Follow us on Twitter [ [link removed] ] Visit us on Twitter [ [link removed] ]
Unsubscribe [ [link removed] ]



________________________________________________________________________

This email was sent to [email protected] using GovDelivery Communications Cloud on behalf of: Office of Governor Michael L. Parson PO Box 720 Jefferson City, MO 65102 (573) 751-3222 GovDelivery logo [ [link removed] ]