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April 19, 2013
The city of Maryville and Northwest Missouri State University’s Fourth Street Improvement Project received a bolster of funding this week when Nodaway County Economic Development (NCED) through the Missouri Department of Economic Development was awarded Neighborhood Assistance Program (NAP) tax credits for the project.
NCED received on behalf of the project $387,830 in 70 percent NAP credits that will contribute $487,000 toward the Fourth Street Improvement Project. The Missouri state tax credits will be administered by NCED through the course of the project and will assist with helping to attract private funding focused on corridor improvements.
Funds raised through the sale of NAP tax credits will be utilized to purchase lighting designed to be pedestrian and multimodal friendly, assist in helping small business with façade renovations within the fringe area between downtown and the residential district, enhance the landscape and walkways proposed in the corridor, and create an Engagement of the Arts program with permanent and commissioned art along the pathway.
“NCED is pleased to provide support to this worthy project,” said Lee Langerock, executive director of NCED. “We greatly appreciate the state of Missouri’s investment in our community and look forward to providing service to the development of the Fourth Street corridor.”
The corridor project was announced in late September as a joint partnership by Northwest Missouri State University and the city of Maryville. The group of agencies including NCED have partnered with SK Design Group, Inc. of Overland Park, Kan., to engineer and design various improvements. NCED is working with Chief of University Police Clarence Green and Director of Maryville Public Safety Keith Wood on lighting and design. SK Design Group will present a conceptual design to the Maryville City Council for its review and input prior to final design development and approval.
Mark Hornickel, Communication Manager
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Northwest Missouri State University
215 Administration Building | 800 University Drive | Maryville, MO 64468