What fraction of the costs will be borne by Danvers?
If proper procedures are followed and the rail trail is constructed under the federal transportation enhancements program, each town will pay between 10% and 20% of the total of the costs of the engineering studies, design and construction. All of the upfront costs up to the “25% Design” level will be the responsibility of the towns. These costs could be covered through fund raising and in kind donations if necessary. The state will pay up to 10% of the cost and the remaining 80% will be paid through federal transportation funds. These are transportation funds dedicated to bicycle and pedestrian enhancements.
