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File #: 15-13269    Version: 1 Name:
Type: Business Item Status: Agenda Ready
File created: 4/30/2020 In control: City Council Business Meeting
On agenda: 5/26/2020 Final action:
Title: Municipal Agreement for New Traffic Signal
Attachments: 1. MAP Traffic Signal Improvements, 2. Resolution Sam Wilson-Performance, 3. BO NCDOT Signal 5.26.pdf

Title

Municipal Agreement for New Traffic Signal

 

Action

Action:

A.                     Accept private developer funds in the amount of $85,000 on behalf of the North Carolina Department of Transportation,

 

B.                     Adopt a resolution authorizing the City Manager to enter into a Municipal Agreement with the North Carolina Department of Transportation, and

 

C.                     Adopt a budget ordinance appropriating $85,000.

 

Body

Staff Resource(s):

Liz Babson, Transportation

Charles Abel, Transportation

 

Explanation

§                     Private developer appropriations are needed when a developer is required through the rezoning process to make traffic signal improvements.

§                     Funding contributions from private developers must be appropriated before work begins.

§                     The $85,000 in private developer funds will be used exclusively for the installation of a traffic signal at the intersection of Sam Wilson Road and Performance Road, adjacent to Council District 3.

§                     The location of the new signal is on State Routes; therefore, the North Carolina Department of Transportation (NCDOT) authorizes a signal installation at this location.

§                     These developer contributions will help offset the costs of this signal installation incurred by NCDOT.

§                     NCDOT will install and operate this signal as it is located outside the city limits.

§                     NCDOT does not have the mechanism to accept private developer funds. The city assists NCDOT when outside organizations want to contribute monetarily to projects.

§                     This format is consistent with the past Municipal Agreements between the city and NCDOT.

 

Fiscal Note

Funding:  Private Developer Funds

 

Attachments

Attachment(s)

Map

Resolution

Budget Ordinance