The intersection of U.S. Route 62 and Central College Road was expected to be reopened Wednesday, Nov. 25, barring unforeseen problems.

The intersection of U.S. Route 62 and Central College Road was expected to be reopened Wednesday, Nov. 25, barring unforeseen problems.

The full intersection redesign will not be completed until spring, though. The $2.1-million project is being funded through a 20-year, no-interest loan on about 68 percent of the project, and a grant that will cover about 23 percent. The village is responsible for the remainder, about $210,000.

In the past four years, 40 accidents have occurred at the intersection.

"We know this project is going to inconvenience people and the 10-week construction cycle felt even longer, but the bottom line is, this intersection will be safer for years to come for everyone who uses it," New Albany spokesman Scott McAfee said in a release.

New Albany village council members unanimously approved a resolution Tuesday, Nov. 17, to request and accept $6.7-million from the New Albany Community Authority to back the bond issuance for the New Albany business park east infrastructure improvements.

Council members also unanimously approved the ordinance to issue bonds in the same amount.

The infrastructure improvements will help prepare about 600 acres of the Licking County portion of New Albany for business development.