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The Isles are alive, with the sound of money

By
Real Estate Broker/Owner with Madeline Island Realty 50317-90

Thanks in part to the Wisconsin State Bureau of Aeronautics, Madeline Island is receiving nearly four million dollars worth of gravel. 

The Madeline Island Ferry dock is a beehive of activity, with bargeloads full of gravel for road and sanitation and airport projects being delivered daily.  Every time the crane swings from barge to the giant hopper on the ferry dock, you hear the sound of money being poured onto the Island.

Crane offloading gravel at the Madeline Island Ferry dock

Wisconsin Governor Jim Doyle presented the Town of La Pointe with a check for $1.2 million on August 11.  That portion came from the Bureau of Aeronautics, to pay for 21,500 tons of gravel needed for future airport projects.

The Madeline Island Sanitary District will be using about 2,000 tons.  That leaves nearly 65,000 tons to be used by the Town of La Pointe over the coming decade for road improvements and annual repairs to town roadways.  And the total cost of the gravel will come to $3,651,600.

Ashland County is helping to pay for the gravel, contributing nearly 40% of the required funds.  The County, in turn, received a grant from the Wisconsin Department of Transportation to rebuild Highway H on Madeline Island.

Upcoming road projects will include the re-paving of half of Main Street, Big Bay Road, Middle Road and Black's Shanty Road.  Northwoods Paving of Ashland, Wisconsin, will be the general contractor for the gravel and blacktopping contracts. 

 

Comments(3)

Obeoman Glade Jones
www.obeo.com - Salt Lake City, UT

Eric,

That rocks...hahahaha!

Hope to see you at the WRA convention!

Steve

Obeoman

Sep 05, 2008 09:06 AM
Eric Kodner
Madeline Island Realty - La Pointe, WI
CRS, Madeline Island Realty, LaPointe, WI 54850 -

Steve, I think there's more money in gravel these days than there is in real estate!

I'll try to make it to the convention, but things have picked up lately at the office and I have to keep my hands on the wheel.

Sep 18, 2008 11:06 AM
Bonnie & Terry Westbrook
Westbrook Realty - Ada, MI
Grand Rapids MI Real Estate

Thats a lot of gravel..... I should have bought stock in it.

Seriously, road improvements  are essential to real estate values and you are all probably glad to see this progressing before winter sets in.

Sep 21, 2008 04:16 AM