Title
Appropriate Private Developer Funds for the Brown-Grier Road Widening Project
Action
Action:
Adopt a budget ordinance appropriating $439,500 in private developer funds for road improvements to the General Capital Projects Fund.
Body
Staff Resource(s):
Liz Babson, Transportation
Robyn Byers, Transportation
Explanation
§ Private developer appropriations are needed when a developer is required through the city rezoning process to make road improvements.
§ On November 15, 2019, City Council approved rezoning petition 2016-120 which stipulates that Pringle Square, LLC will support roadway and infrastructure improvements including road widening, signal and intersection modifications, medians, wide planting strips, and sidewalks.
§ The $439,500 in private developer funding is for road improvements to the Brown-Grier Road widening project, located in Council District 3.
§ This road widening project is being completed by the city.
§ These developer contributions are based on cost estimates prepared by the city.
§ North Carolina Department of Transportation will maintain these road improvements as part of the state-maintained street network.
§ Construction is anticipated to begin early 2022.
Fiscal Note
Funding: Private Developer Contributions
Attachments
Attachment(s)
Map
Budget Ordinance