Title
Lakeview Road and Reames Road Intersection Project Grant
Action
Action:
A. Approve a resolution to execute a municipal agreement with the North Carolina Department of Transportation accepting Congestion Mitigation and Air Quality funding for intersection improvements in the amount of $1,000,000, and Bonus Allocation Funding in the amount of $1,000,000, and
B. Adopt a budget ordinance appropriating $2,000,000 in North Carolina Department of Transportation funds.
Body
Staff Resource(s):
Liz Babson, Transportation
Ashley Landis, Transportation
Keith Bryant, Transportation
Explanation
§ The state of North Carolina provides Bonus Allocation funds for projects in counties that implement high-occupancy managed lane projects.
- The incentives are referred to as Bonus Allocations and are distributed off the top of the State’s Transportation Program, thus not affecting expected funding distributions that a region or NCDOT Division would normally receive.
- Bonus Allocation funds do not require a local match.
§ Congestion Mitigation and Air Quality Improvement Program (CMAQ) dollars are distributed to Metropolitan Planning Organizations (CRTPO in the Charlotte region) and provide a flexible funding source to State and local governments through a competitive process for transportation projects and programs to help meet the requirements of the Clean Air Act.
- Funding is available to reduce congestion and improve air quality for areas that do not meet the National Ambient Air Quality Standards for ozone, carbon monoxide, or particulate matter and for former nonattainment areas that are now in compliance.
§ The Charlotte Regional Transportation Planning Organization allocated CMAQ funding for the construction of a roundabout at the intersection of Lakeview Road and Reames Road (Council District 2).
- This project qualifies for CMAQ funding because the proposed roundabout reduces vehicular congestion and associated air pollutants at the intersection of Lakeview Road and Reames Road.
§ This intersection project is part of the City of Charlotte Sunset/Beatties Ford Comprehensive Neighborhood Improvement Program (CNIP).
- The Sunset/Beatties Ford CNIP preliminary planning process identified over 60 potential projects, including the Lakeview Road and Reames Road intersection improvements. The intersection project was one of the highest priority projects based on the City’s goals for CNIP and one of the most frequently requested projects by the public.
§ Utility relocation is anticipated to begin in 2020 with construction following thereafter.
§ City funding for the project is $5,000,000 (72 percent), with $1,000,000 in Bonus Allocation Funds (14 percent) and $1,000,000 in CMAQ funds (14 percent) for a total amount of $7,000,000.
Fiscal Note
Funding: North Carolina Department of Transportation Congestion Mitigation and Air Quality funds ($1,000,000), North Carolina Department of Transportation Bonus Allocation funds ($1,000,000), and Transportation Community Investment Plan (City’s match of $5,000,000)
Attachments
Attachment(s)
Map
Resolution
Budget Ordinance