391 / 634
introduction FY2014
Morrisville East Connector (Construct New Roadway)
Project Description: Design and construct 0. 65 miles of new roadway (green on the map) connecting International Drive to Dominion Drive. On the 2009
Transportation Plan the road is shown as a 2- Lane Collector (37 feet b-b) within a 55 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 NC 54.
Date Added to CIP:
2009
2. Reduce congestion on NC 54 once McCrimmon Ext. completed.
Review Date:
30-Oct-12
3. Provide connectivity between Airport Blvd. and Aviation Pkwy.
Design Start Year:
2020
4. Reduce truck traffic on NC 54 when combined with use of Int'l Dr. Construction Start Year:
2021
Estimated Project Costs:
$4,734,680
Additional Staffing Required:
No
Number of New Positions:
0
Operations and Maintenance Estimates
2022
2023
2024
2025
2026
O&M Remarks:
Equipment and Furniture
New streets typically have
almost zero maintenance in
the first 5 years. Utilities
includes Led street lights
under the customer owned
option.
Utilities
$
1,200 $
1,200 $
1,200 $
1,200 $
1,200
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
$
112.00
1 2022
$
544,488 $ 4,299,514,804
1.27
$
12.70
2 2023
$
530,284 $ 4,428,500,249
1.20
$
12.00
3 2024
$
516,080 $ 4,561,355,256
1.13
$
11.30
4 2025
$
501,876 $ 5,245,558,544
0.96
$
9.60
5 2026
$
369,305 $ 5,402,925,301
0.68
$
6.80
6 2027
$
359,836 $ 5,565,013,060
0.65
$
6.50
7 2028
$
350,366 $ 5,731,963,452
0.61
$
6.10
8 2029
$
340,897 $ 5,903,922,355
0.58
$
5.80
9 2030
$
331,428 $ 6,081,040,026
0.55
$
5.50
10
2031
$
321,958 $ 6,263,471,227
0.51
$
5.10
11
2032
$
312,489 $ 6,451,375,363
0.48
$
4.80
12
2033
$
303,020 $ 7,096,512,900
0.43
$
4.30
13
2034
$
293,550 $ 7,238,443,158
0.41
$
4.10
14
2035
$
284,081 $ 7,383,212,021
0.38
$
3.80
15
2036
$
274,611 $ 7,530,876,261
0.36
$
3.60
16
2037
$
265,142 $ 7,681,493,786
0.35
$
3.50
17
2038
$
137,306 $ 7,835,123,662
0.18
$
1.80
18
2039
$
132,571 $ 7,991,826,135
0.17
$
1.70
19
2040
$
127,836 $ 8,151,662,658
0.16
$
1.60
20
2041
$
123,102 $ 8,966,828,924
0.14
$
1.40
Comments:
Construction Cost includes the road, purchase of ROW, street lights, 12 inch watermain and 10%
contingency.
Town Roadway Projects
Priority
31.62745098
Total Group Projects
0
Total Projects
0
Town Priority
Project Number
1050
38