Public Transportation Administrator Dennis Burket said, although city officials were hopeful they would get the grant, they have a back-up plan in place. The department will borrow money from the city's general fund or 4B sales tax.
Burket adds that the department has extra funds leftover in its operation budget, and he expects the Travel Center to generate revenue as well.
"And of course we'll be making money on the Travel Center itself through Greyhound and Jefferson lines, who will be paying us to sell their tickets," said Burket. "We get so much money per ticket and so much per freight that they haul."
Burket said the Travel Center is also expected to revitalize downtown and spur growth in the form of new businesses.
The project's total cost is estimated at $4.2 million. Burket said the department applied for over $650,000 from the federal grant.
Construction will begin on the Travel Center on Scott St. and 4th after Labor Day.