Secondary and Cumulative Impacts Master Management Plan - 2014

introduction FY2014

Southport Drive Extension Project Description: Design and construct 0.49 miles of new roadway connecting northern terminus of Southport Drive to the current eastern terminus of Southport Drive at International Drive. On the 2009 Transportation Plan the road is shown as a 2- Lane Collector (37 feet b-b) within a 55 foot ROW.

Manage Resources

Invest in Infrastructure and Transportation

Serve the Community

Provide a Safe Community

Town Goals

Benefits of Project:

Lead Department:

Public Works Department

1. Reduce congestion on NC 54, specifically in the Town Center area. Date Added to CIP: 2. Relieve congestion at the intersection of NC 54 & Aviation/M-C Rd. Review Date:

2009

30-Oct-12

3.Will reduce congestion on Aviation Pkwy. once connected to

Design Start Year:

2020 2021

McCrimmon Parkway extension.

Construction Start Year: Estimated Project Costs: Additional Staffing Required: Number of New Positions:

$3,632,463

No

0

Operations and Maintenance Estimates

2022

2023

2024

2025

2026

O&M Remarks:

Equipment and Furniture Utilities

$ $

1,500 $ 1,000 $

1,500 $ 1,000 $

1,500 $ 1,000 $

1,500 $ 1,000 $

1,500 1,000

Maintenance

Supplies Personnel

None

Other Funding Sources and Related Revenue Projections

Financing Plan

Bond 7.5/5/2.5

Tax on $100k

Debt Service Schedule

$ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $

85.70

Tax Base

¢ Tax

1 2022 2 2023 3 2024 4 2025 5 2026 6 2027 7 2028 8 2029 9 2030

0.97 0.92 0.87 0.73 0.52 0.50 0.47 0.44 0.42 0.39 0.37 0.33 0.31 0.30 0.28 0.26 0.13 0.13 0.12 0.11

9.70 9.20 8.70 7.30 5.20 5.00 4.70 4.40 4.20 3.90 3.70 3.30 3.10 3.00 2.80 2.60 1.30 1.30 1.20 1.10

$ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $

417,733 $ 4,299,514,804 406,836 $ 4,428,500,249 395,939 $ 4,561,355,256 385,041 $ 5,245,558,544 283,332 $ 5,402,925,301 276,067 $ 5,565,013,060 268,802 $ 5,731,963,452 261,537 $ 5,903,922,355 254,272 $ 6,081,040,026 247,008 $ 6,263,471,227 239,743 $ 6,451,375,363 232,478 $ 7,096,512,900 225,213 $ 7,238,443,158 217,948 $ 7,383,212,021 210,683 $ 7,530,876,261 203,418 $ 7,681,493,786 105,341 $ 7,835,123,662 101,709 $ 7,991,826,135 98,077 $ 8,151,662,658 94,444 $ 8,966,828,924

10 11 12 13 14 15 16 17 18 19 20

2031 2032 2033 2034 2035 2036 2037 2038 2039 2040 2041

Comments: contingency.

Construction Cost includes the road, purchase of ROW, street lights, 12 inch watermain and 10%

Town Roadway Projects Priority Total Group Projects

34.89184061

0 0

Total Projects Town Priority Project Number

1060

36