Borough will proceed with $25 million grant application for harbors rebuild

Though the initial estimates have come in higher than the maximum grant amount, the borough will proceed with seeking $25 million in federal money to rebuild the Inner Harbor, Reliance and Standard Oil floats.

The cost estimates for the entire project range from $26 million to almost $34 million, mostly depending on whether the work includes heavier-duty, custom-designed floats.

The borough will seek the maximum $25 million available under the federal grant program — Rebuilding American Infrastructure with Sustainability and Equity, or RAISE. There is $1.5 billion available this year under the...