8.1 SR 10-18-2021 - Laserfiche WebLink

Home Browse Search

Sherburne County Economic Development Authority The Sherburne County Economic Development Authority (EDA) is located at 13880 Business Center Drive, Suite 100 in Elk River. While the EDA does not offer funding directly to municipalities, it does provide several programs for supporting private business growth. These include startup coaching, business management coaching, entrepre- neur roundtables, expert panel discussions, and technical assistance through the Rural Ideas Network. Sessions can be scheduled and classes registered for via Sherburne County's Economic Authority website. Transportation & Infrastructure Safe Routes to School (SRTS) The Safe Routes to School program from the U.S. Depart- ment of Transportation, administered though MnDOT, provides funding for the planning, design, and construc- tion of infrastructure related projects that will substantially improve the ability of students to walk and bike to school, including improvements to sidewalks, pedestrian and bicycle crossings, on and off-street bicyclic facilities, and traffic calming and speed reduction infrastructure. State Aid for Local Transportation State Aid for Local Transportation (SALT) provides funding and support to local governments to assist in main- taining a safe and effective roadway network. Funds are determined by the Legislature and distributed through MnDOT for the maintenance and construction of high- ways and roadways. SALT also provides supportive staff that manages the state aid system and provides technical assistance in bridge design, construction and mainte- nance, grant authorization for bridge construction, and the coordination of local, federally funded projects . Sidewalk Improvement District Under Minnesota state law, a city may establish, by ordi- nance, a Sidewalk Improvement District (SID) to pay all or part of the cost of sidewalk construction and repair by apportioning the cost throughout the property in the district on a "direct or indirect benefit basis. The city may establish districts in order to provide all areas with safe pedestrian walkways to and from schools, school bus stops, public transportation facilities, and other neighborhood and community services. Transportation Revolving Loan Fund The Transportation Revolving Loan Fund (TRLF) serves as an alternative financing tool to traditional transportation funding. Established through the State Infrastructure Bank Program's directives in 1997, the TRLF is used to support transportation projects through a low -interest loan. As the loan is repaid, the funds are returned to the TRLF. Eligible projects include predesign studies; acquisition of right- of-way; road and bridge maintenance, repair, improvement or construction; enhancement items; rail and airport safety projects; drainage and safety structures and transit capital purchases. In 2014, an $18 million 1% interest loan was granted to Carver County for the construction of a bridge over the Minnesota River, with additional roadway safety and capacity improvements. Clean Water Fund Programs & Grants The Minnesota Board of Water and Soil Resources operates many competitive and non-competitive grants dedi- cated to protecting and improving the quality of water, in addition to managing water flows and reducing the effects of erosion. Examples include the Multipurpose Drainage Management and Soil Erosion and Drainage Law Compliance Program grants. In the context of a transpor- tation project, funding would likely be limited to roadside drainage like culverts or other roadway amendments that would mitigate negative impacts of water runoff or the disruptions of stream and river flows. 122 I97MITI ad907C1OWN I AVE910IWO Implementation Plan • Elk River Comprehensive Plan