Title
Municipal Agreement for the I-85 North Bridge Project
Action
Action:
A. Adopt a resolution authorizing the City Manager to negotiate and execute a Municipal Agreement with the North Carolina Department of Transportation for the I-85 North Bridge project, and
B. Adopt a budget ordinance appropriating $3,753,632 from the North Carolina Department of Transportation for the I-85 North Bridge project.
Body
Staff Resource(s):
Liz Babson, Transportation
Matt Magnasco, Transportation
Explanation
§ The I-85 North Bridge project is intended to increase connectivity in the University City area, construct multi-use paths and two-way separated bike lanes, and create a signature gateway into Charlotte. The project is located in Council District 4.
§ This project complements the city’s investment in the adjacent J.W. Clay Boulevard Streetscape project by extending it across I-85 into University Research Park.
§ The project budget totals $38,083,632 and is composed of:
- $1,750,000 in previously-approved 2018 Congestion Mitigation and Air Quality funding from the North Carolina Department of Transportation (NCDOT),
- $7,400,000 in previously-approved 2018 Surface Transportation Block Grant funding from NCDOT,
- $25,180,000 in previously-approved 2014, 2016, and 2018 Bond funds, and
- $3,753,632 of additional allocated Surface Transportation Block Grant NCDOT funds approved by the Carolina Regional Transportation Planning Organization in March 2020.
§ The I-85 North Bridge project is currently in the real estate phase and construction is expected to begin in 2021.
Fiscal Note
Funding: NCDOT Funds and General Capital Investment Plan
Attachments
Attachment(s)
Map
Resolution
Budget Ordinance