Loan approval completes financing for North End

first_imgThe final piece of financing for the long-awaited North Street revitalization project in Burlington’s Old North End has been approved by the State Infrastructure Bank (SIB) board of directors. A $304,531 SIB loan to the City of Burlington completes a state, federal, and local financing package for the $6.6 million revitalization project, and project construction has begun. The North End revitalization project has been in the active planning stages since 1998. Major elements of the project include considerable street repaving, improving pedestrian access and safety by enhancing sidewalks and traffic signals, installing underground utilities, planting trees, upgrading street lighting and other improvements.last_img

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