Title
Supplemental Agreement for the I-85 North Bridge Project
Action
Action:
A. Adopt a resolution authorizing the City Manager to execute a Supplemental Agreement with the North Carolina Department of Transportation to accept Surface Transportation Block Grant funds in the amount of $4,752,000 for the I-85 North Bridge project, and
B. Adopt a budget ordinance appropriating $4,752,000 in Surface Transportation Block Grant funds from NCDOT for construction to be used on the I-85 North Bridge project.
Body
Staff Resource(s):
Debbie Smith, Transportation
Johanna Quinn, Transportation
Matt Magnasco, Transportation
Explanation
§ The I-85 North Bridge Project is intended to increase connectivity in the University area. The project will construct a new street across I-85 (connecting J.W. Clay Boulevard to Research/David Taylor Drives), construct shared-use paths, and create a 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 the University Research Park.
§ The total funding for the I-85 North Bridge project is $42,835,632 and is as follows:
- $17,655,632 in Federal funding
§ $12,903,632 - previously-appropriated funds
§ $4,752,000 - the subject supplemental agreement
- $25,180,000 in city funding from 2014, 2016, and 2018 bond referendum
§ This format is consistent with past municipal agreements between the city and NCDOT.
§ Construction is expected to begin in early 2024.
Charlotte Business INClusion
This is a Municipal Agreement contract and is exempt (Part A: Appendix 1.27 of the Charlotte Business INClusion Policy).
Fiscal Note
Funding: NCDOT Funding
Attachments
Attachment(s)
Map
Resolution
Budget Ordinance