The extension would assist in bridging the 1.4-mile gap between Middletown and Franklin. Both cities are obtaining a total of $1.7 million in federal funding programmed through their respective transportation agencies, the Ohio-Kentucky-Indiana Regional Council of Governments and the Miami Valley Regional Planning Commission. Construction is scheduled to begin in 2020.
According to officials in both cities, 80 percent of the $1.7 million project will be covered by federal funding. Of the remaining 20 percent in local project costs, Franklin will cover 60 percent or about $252,870, while Middletown will cover 40 percent or about $170,000. There will also be expenses for plan updates and environmental work that the cities will share the costs.