Title
Supplemental Agreement for the McKee Road/Providence Road Intersection Improvements Project
Action
Action:
A. Adopt a resolution authorizing the City Manager to execute a Municipal Agreement with the North Carolina Department of Transportation to accept Discretionary funds for the McKee Road/Providence Road Intersection Improvements project, and
B. Adopt a budget ordinance appropriating $640,100 from the North Carolina Department of Transportation for the McKee Road/Providence Road Intersection Improvements project.
Body
Staff Resource(s):
Liz Babson, Transportation
Ashley Landis, Transportation
Phil Reiger, General Services
Jennifer Smith, General Services
Explanation
* The McKee Road/Providence Road Intersection Improvements project improves capacity and amenities for vehicles, pedestrians, and bicyclists. The project is located in Council District 7.
* The Charlotte Regional Transportation Planning Organization approved Discretionary funds for the McKee Road/Providence Road Intersection Improvements project in July 2020.
* The McKee Road/Providence Road Intersection Improvements project budget currently totals $10,123,100.
* In 2010 and 2018, the Charlotte City Council approved Transportation Bonds to appropriate $7,000,000 and $800,000, respectively, from the Capital Investment Plan budget for the McKee Road/Providence Road Intersection Improvements project.
* On June 13, 2014, City Council appropriated an additional $1,113,000 of NCDOT Congestion Mitigation Air Quality grant funding.
* Through the FY 2021 Capital Investment Plan adoption, City Council authorized the reappropriation of $570,000 of completed project savings to be added to this project.
* An additional $640,100 is being provided from NCDOT in Discretionary funds, bringing the total project funding to $10,123,100.
* The increased funding from NCDOT will go towards replacement of unsuitable soils throughout the project limits, additional utility relocations, a new retaining wal...
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