Item Coversheet

  Town of Huntersville
REQUEST FOR BOARD ACTION
12/19/2016

REVIEWED:

To:                  The Honorable Mayor and Board of Commissioners

From:              Max L. Buchanan

Subject:          Gilead Road West Project Into CIP

Gilead Road West Project, defined with limits from just west of Wynfield Creek Parkway to just east of McCoy Road, includes all work necessary to widen existing Gilead Road to a multi-lane median-divided facility.  To support the possible procurement of all potential available funds, adoption into the current Huntersville Projected Capital Improvement Program (CIP) would servce as an appropriate endorsement for the project.


ACTION RECOMMENDED: 

Review and Adopt Gilead Road Project West onto the current Huntersville Projected Capital Improvement Program (CIP) as a separate and specific transportation project.

 
 
FINANCIAL IMPLICATIONS:

Current cost estimate is $6.5 million.

 

Potential funds for use in the project delivery include some or all of the following:

 

General Obligation Bond funds

Federal Funds as authorized by CRTPO

Private funds (developer) - per Traffic Impact Analysis mitigation

 



ATTACHMENTS:
DescriptionType
CIP Project WorksheetBackup Material