390 / 634
introduction FY2014
International Drive Phase 2
Project Description: Design and construct International Drive Extension (0.24 Miles) from the terminus of Project International Drive Phase 1 at the intersection with
Morrisville East Connector (future) to the future intersection of McCrimmon Parkway/Evans Extension (color coded green on the project map below). On the 2009
Transportation Plan the road is shown as a 4-Lane Collector (57 feet b-b) within a 97 foot ROW.
Town Goals
Manage Resources
Invest in Infrastructure and Transportation
Serve the Community
Provide a Safe Community
Benefits of Project:
Lead Department:
Public Works Department
1. Reduce congestion on NC54
Date Added to CIP:
2009
2. Provide connectivity between Airport Blvd and Aviation Pwky
Review Date:
30-Oct-12
3. Reduce truck left turns onto Aviation Parkway
Design Start Year:
2020
4. Reduce truck traffic on NC54
Construction Start Year:
2021
Estimated Project Costs:
$3,017,953
Additional Staffing Required:
No
Number of New Positions:
0
Operations and Maintenance Estimates
2022
2023
2024
2025
2026
O&M Remarks:
Equipment and Furniture
Utilities
$
2,000 $
2,000 $
2,000 $
2,000 $
2,000
Maintenance
$
1,000 $
1,000 $
1,000 $
1,000 $
1,000
Supplies
Personnel
Other Funding
Sources and
Related Revenue
Projections
None
Financing Plan
Bond 7.5/5/2.5
Tax on $100k
Debt Service Schedule
Tax Base
¢ Tax
$
71.40
1 2022
$
347,065 $ 4,299,514,804
0.81
$
8.10
2 2023
$
338,011 $ 4,428,500,249
0.76
$
7.60
3 2024
$
328,957 $ 4,561,355,256
0.72
$
7.20
4 2025
$
319,903 $ 5,245,558,544
0.61
$
6.10
5 2026
$
235,400 $ 5,402,925,301
0.44
$
4.40
6 2027
$
229,364 $ 5,565,013,060
0.41
$
4.10
7 2028
$
223,328 $ 5,731,963,452
0.39
$
3.90
8 2029
$
217,293 $ 5,903,922,355
0.37
$
3.70
9 2030
$
211,257 $ 6,081,040,026
0.35
$
3.50
10
2031
$
205,221 $ 6,263,471,227
0.33
$
3.30
11
2032
$
199,185 $ 6,451,375,363
0.31
$
3.10
12
2033
$
193,149 $ 7,096,512,900
0.27
$
2.70
13
2034
$
187,113 $ 7,238,443,158
0.26
$
2.60
14
2035
$
181,077 $ 7,383,212,021
0.25
$
2.50
15
2036
$
175,041 $ 7,530,876,261
0.23
$
2.30
16
2037
$
169,005 $ 7,681,493,786
0.22
$
2.20
17
2038
$
87,521 $ 7,835,123,662
0.11
$
1.10
18
2039
$
84,503 $ 7,991,826,135
0.11
$
1.10
19
2040
$
81,485 $ 8,151,662,658
0.10
$
1.00
20
2041
$
78,467 $ 8,966,828,924
0.09
$
0.90
Comments:
Construction Cost includes the road, purchase of ROW, street lights, 12 inch watermain and 10%
contingency.
Town Roadway Projects
Priority
27.3115117
Total Group Projects
0
Total Projects
0
Town Priority
Project Number
1010
37