The City of Boonville was successful in securing a Transportation Enhancement Grant that will provide significant funding for Phase 1 rehabilitation; including replacing the missing span and converting the first span of the Bridge to a pedestrian/bicycle walkway.

The Rehabilitation of the Katy Bridge is a joint project of the City of Boonville and Katy Bridge Coalition. The completed project will be a renovated and operational lift span bridge that will provide unique one-of-a-kind views of  the Missouri River; the Bridge will be part of the Katy Trail and be the only Missouri River crossing on the Trail. The final project will take several phases and cost an estimated $4 million. The Katy Bridge Coalition and Katy Bridge Redevelopment Funds have been created to provide funding for the renovation, rehabilitation, staffing, and long term maintenance of the Katy Bridge.