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File #: 15-13270    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: Appropriate Private Developer Funds for Tuckaseegee Road/Berryhill Road/Thrift Road Roundabout Project
Attachments: 1. MAP Tuckaseegee-Thrift-Berryhill Roundabout, 2. BO Developer Appropriations 5.26.pdf

Title

Appropriate Private Developer Funds for Tuckaseegee Road/Berryhill Road/Thrift Road Roundabout Project

 

Action

Action:

A.                     Approve a developer agreement with 2317 Thrift Holdings, LLC for infrastructure changes, and

 

B.                     Adopt a budget ordinance appropriating $20,000 in private developer funds.

 

Body

Staff Resource(s):

Liz Babson, Transportation

Alfred Oyoyo, Transportation

Phil Reiger, General Services

Jennifer Smith, General Services

 

Explanation

§                     The Tuckaseegee Road/Berryhill Road/Thrift Road Roundabout is a city project that is located at the five-legged intersection where Tuckaseegee Road, Berryhill Road, and Thrift Road meet in Council District 3.

§                     The project will replace the signalized intersection with a roundabout. Additional project components include crosswalks, sidewalks, planting strips, landscaping, decorative lighting, and utility relocation.

§                     The Tuckaseegee Road/Berryhill Road/Thrift Road Roundabout project is currently being advertised for bid, with construction expected to begin in summer 2020.

§                     The $20,000 in private developer funds is for the installation of five parallel parking spaces on the 2317 Thrift Holdings, LLC property in conjunction with the eight-foot sidewalk and variable planting strip.

§                     These developer contributions are based on cost estimates prepared by General Services.

 

Fiscal Note

Funding: Private Developer Contributions

 

Attachments

Attachment(s)

Map

Budget Ordinance