Title
Rea Road Widening Project Supplemental Agreement
Action
Action:
A. Adopt a resolution authorizing the City Manager to negotiate and execute a Supplemental Agreement with the North Carolina Department of Transportation to accept state resurfacing funds in the amount of $300,000 for the Rea Road Widening Project, and
B. Adopt a budget ordinance appropriating $300,000 from the North Carolina Department of Transportation to the General Capital Projects Fund.
Body
Staff Resource(s):
Debbie Smith, Transportation
Samantha Miller, Transportation
Explanation
§ The Rea Road Widening Project will increase capacity along Rea Road between Interstate 485 and Williams Pond Lane by adding additional through lanes and turn lanes.
§ The project supports the Strategic Mobility Plan adopted by City Council in June 2022, by advancing a safe transportation system for all users.
§ On February 27, 2023, City Council authorized the City Manager to execute a municipal agreement with the North Carolina Department of Transportation (NCDOT) in the amount of $6,673,940 to receive federal Bonus Allocation funding.
§ After the execution of this municipal agreement, NCDOT requested an extension to the project’s limits to provide additional resurfacing and paving.
- NCDOT agreed to pay the city $300,000 for this improvement.
- No local funding match is required.
§ The project funding of $20,273,940 is distributed as follows:
- NCDOT: $6,973,940
§ Bonus Allocation: $6,673,940
§ Supplemental Resurfacing Funds: $300,000
- City of Charlotte: $13,300,000
§ 2022 Transportation Bonds: $7,300,000
§ Anticipated 2024 Transportation Bonds: $6,000,000
§ This project is located in Council District 7.
§ Construction is anticipated to begin in early 2026.
§ This format is consistent with past municipal agreements between the city and NCDOT.
Fiscal Note
Funding: NCDOT Funding
Attachments
Attachment(s)
Map
Resolution
Budget Ordinance