393 / 634
introduction FY2014
International Drive Extension Phase 3
Project Description: Design and Construct International Extension (0.84 miles) from the northern (future) terminus at the intersection with McCrimmon
Parkway/Evans Road Extension northward to the intersection with Airport Boulevard at the current intersection with Slater Road (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. Reduces congestion and truck traffic on Airport Blvd.
Date Added to CIP:
2009
2. Provides connectivity between both Aviation Parkway and the
Review Date:
30-Oct-12
McCrimmon Extension and Airport Blvd.
Design Start Year:
2020
3. Will reduce congestion and truck traffic on Aviation Pkwy. & NC 54 Construction Start Year:
2021
Estimated Project Costs:
$9,930,844
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
$
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
$
234.50
1 2022
$ 1,142,047 $ 4,299,514,804
2.66
$
26.60
2 2023
$ 1,112,255 $ 4,428,500,249
2.51
$
25.10
3 2024
$ 1,082,462 $ 4,561,355,256
2.37
$
23.70
4 2025
$ 1,052,670 $ 5,245,558,544
2.01
$
20.10
5 2026
$
774,606 $ 5,402,925,301
1.43
$
14.30
6 2027
$
754,744 $ 5,565,013,060
1.36
$
13.60
7 2028
$
734,882 $ 5,731,963,452
1.28
$
12.80
8 2029
$
715,021 $ 5,903,922,355
1.21
$
12.10
9 2030
$
695,159 $ 6,081,040,026
1.14
$
11.40
10
2031
$
675,297 $ 6,263,471,227
1.08
$
10.80
11
2032
$
655,436 $ 6,451,375,363
1.02
$
10.20
12
2033
$
635,574 $ 7,096,512,900
0.90
$
9.00
13
2034
$
615,712 $ 7,238,443,158
0.85
$
8.50
14
2035
$
595,851 $ 7,383,212,021
0.81
$
8.10
15
2036
$
575,989 $ 7,530,876,261
0.76
$
7.60
16
2037
$
556,127 $ 7,681,493,786
0.72
$
7.20
17
2038
$
287,995 $ 7,835,123,662
0.37
$
3.70
18
2039
$
278,064 $ 7,991,826,135
0.35
$
3.50
19
2040
$
268,133 $ 8,151,662,658
0.33
$
3.30
20
2041
$
258,202 $ 8,966,828,924
0.29
$
2.90
Comments:
Construction Cost includes the road, purchase of ROW, street lights, 12 inch watermain and 10%
contingency.
Town Roadway Projects
Priority
30.55186591
Total Group Projects
0
Total Projects
0
Town Priority
Project Number
1410
40