Title
Supplemental Agreement for the Oakdale Road/Sunset Road/Miranda Road Roundabouts Project
Action
Action:
Adopt a resolution authorizing the City Manager, or his designee, to execute a Supplemental Agreement with the North Carolina Department of Transportation to provide a local match in the amount of $1,399,924 for the Oakdale Road/Sunset Road/Miranda Road Roundabouts project.
Body
Staff Resource(s):
Debbie Smith, Transportation
Samantha Miller, Transportation
Explanation
§ This project will construct two roundabouts to improve the existing intersections of Oakdale Road/Lawing Road/Miranda Road and Oakdale Road/Simpson Road in Council District 2.
§ On September 24, 2018, City Council authorized the City Manager to execute a municipal agreement with the North Carolina Department of Transportation (NCDOT) in the amount of $588,562.50 for this project.
§ This supplemental agreement will cover the additional right-of-way and construction expenses to complete the project.
§ The total project cost is $11,432,512.50:
- $1,988,486.50 - city funding
§ $588,562.50 - original municipal agreement
§ $1,399,924 - supplemental municipal agreement
- $ 1,789,328 - Highway Safety Improvement Program Funding
- $ 5,059,109 - Congestion Mitigation and Air Quality Improvement Program
- $ 2,595,589 - Supplemental funding from Charlotte Regional Transportation Planning Organization
§ Construction is anticipated to start in late 2025.
Fiscal Note
Funding: NCDOT funding and General Capital Investment Plan
Attachments
Attachment(s)
Map
Resolution