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City of Lake Ozark Awarded $300,000 Community Development Block Grant for Demolition Project: Lake Ozark, MO — The City of Lake Ozark has been named the recipient of a $300,000 Community Development Block Grant (CDBG) from the Missouri Department of Economic Development to support a $433,030 building demolition project focused on improving safety and redevelopment opportunities in the Bagnell Dam Strip area. The remaining $133,030 required to complete the project will be provided to the City by the property owner, Reese Development. As a result of the grant award, 23 structures on and around the historic Bagnell Dam Strip will be demolished. All properties included in the project are owned by Reese Development. Among the structures slated for demolition is the former Shoreland Motel located on the Bagnell Dam Strip. Additional buildings included in the project consist of a series of residential and commercial structures located along Carls Drive, Ballenger Road, Thornsberry Road, Beach Drive, and School Road. These structures were determined eligible for CDBG funding due to their advanced state of blight and lack of structural safety, in accordance with adopted building codes. Several of the buildings contain asbestos and other environmental contaminants, and all have been formally certified by the City as dangerous buildings. Buildings were prioritized based on safety concerns, structural deterioration, and overall risk to the public. To qualify for the grant, each structure was required to have been vacant for an extended period of time. Demolition work associated with this project is expected to commence in 2026. “We are proud to partner with the City of Lake Ozark and the Missouri Department of Economic Development to continue the momentum of the last two years on the historic Bagnell Dam Strip,” stated Peter Colovos, Chief Operating Officer of Reese Development. “Brick by brick and block by block we are committed to redeveloping this jewel of the Midwest,” he added. Reese Development has invested more than $600,000 over the last two years in cleaning up the Strip and demolishing dilapidated structures. City Administrator Harrison Fry expressed appreciation for the state’s support:“We are grateful to the State of Missouri for recognizing the opportunity to breathe new life into the Bagnell Dam Strip corridor. This project begins by removing long-standing, dilapidated structures so that safe, meaningful redevelopment can move forward. I would also like to thank Reese Development for their cooperation and commitment to property revitalization, as well as grant writer Tonya Raines for preparing a successful application that made this project possible.” For more information, please contact the City of Lake Ozark.

TEST TW WEATHER

Posted on by harrison

Bagnell Dam Boulevard: Phase One Complete

Residents, business owners, and visitors alike are now enjoying a freshly resurfaced Bagnell Dam Blvd from School Road to the MM Overpass due to the City’s renewed focus on street improvements and infrastructure maintenance.

In 2023, the Lake Ozark Board of Aldermen identified this distressed portion of roadway as the first of several road improvements to occur in the City over the next several months.  Where there was very recently crumbling road surface and abundant potholes, there is once again a smooth, consistent driving surface over the Camden County portion of Bagnell Dam Boulevard.

City leadership has been pleased with the outcome of the project and thankful to Capital Paving for the quality of work provided. Primarily, work on this project occurred during night hours so as to have minimal impact on traffic within our community.  This approach to work led to a smooth and efficient process throughout the project. The project improvements were designed and construction managed by Alpha Engineering.

A second phase of improvements is planned for the end of summer or early fall that will continue the repairs from School Road to  the city limit line near Bagnell Dam. In addition to these improvements, residents on Lighthouse Road will have a rebuilt road surface by year-end as well, with the road to be widened and fully reconstructed from Highway W to the Eagle Crest intersection.  This will include installation of curb and gutter systems for the new roadway.  Construction bidding is currently underway.

Mayor Dennis Newberry states that “weeks before becoming Mayor I reviewed our city budget and identified items I felt the City of Lake Ozark was spending money on that was not in the best interest of taxpayers. I acted on those items, cut costs and diverted revenues without asking residents or businesses for any new taxes. I knew we would need a lot of money to fix our streets and I was determined to make that happen. “

In the past three years, the City has been able to increase funding of road improvements from $25,000 annually to now include larger scale projects like those currently underway.  The first phase of Bagnell Dam Boulevard was budgeted at $940,000, with final project costs coming in just over $600,000.  The Lighthouse Road project is budgeted at $1.3 million.  These two projects, and a water main extension on Overlook Road, were paid for by a debt issuance in 2023 that will be repaid over the next ten years.

While there is still much progress to be made on road improvements in Lake Ozark, this work is made possible by voter-approved revisions to our tax distribution, projects identified by Public Works leadership and the Board of Aldermen, and a citizen-led road committee formed to explore funding means.  For more information on future projects, visit the 2024-2026 Capital Improvement Plan at https://cdn.townweb.com/cityoflakeozark.net/wp-content/uploads/2023/08/Capital-Improvements-Plan-Lake-Ozark-2023.pdf