Secondary and Cumulative Impacts Master Management Plan - 2014

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.

Manage Resources

Invest in Infrastructure and Transportation

Serve the Community

Provide a Safe Community

Town Goals

Benefits of Project:

Lead Department: Date Added to CIP:

Public Works Department

1. Reduce congestion on NC 54.

2009

2. Reduce congestion on NC 54 once McCrimmon Ext. completed. 3. Provide connectivity between Airport Blvd. and Aviation Pkwy.

Review Date:

30-Oct-12

Design Start Year:

2020 2021

4. Reduce truck traffic on NC 54 when combined with use of Int'l Dr. Construction Start Year:

Estimated Project Costs: Additional Staffing Required: Number of New Positions:

$4,734,680

No

0

Operations and Maintenance Estimates

O&M Remarks:

2022

2023

2024

2025

2026

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 $ 1,000 $

1,200 $ 1,000 $

1,200 $ 1,000 $

1,200 $ 1,000 $

1,200 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

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

112.00

Tax Base

¢ Tax

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

1.27 1.20 1.13 0.96 0.68 0.65 0.61 0.58 0.55 0.51 0.48 0.43 0.41 0.38 0.36 0.35 0.18 0.17 0.16 0.14

12.70 12.00 11.30

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

544,488 $ 4,299,514,804 530,284 $ 4,428,500,249 516,080 $ 4,561,355,256 501,876 $ 5,245,558,544 369,305 $ 5,402,925,301 359,836 $ 5,565,013,060 350,366 $ 5,731,963,452 340,897 $ 5,903,922,355 331,428 $ 6,081,040,026 321,958 $ 6,263,471,227 312,489 $ 6,451,375,363 303,020 $ 7,096,512,900 293,550 $ 7,238,443,158 284,081 $ 7,383,212,021 274,611 $ 7,530,876,261 265,142 $ 7,681,493,786 137,306 $ 7,835,123,662 132,571 $ 7,991,826,135 127,836 $ 8,151,662,658 123,102 $ 8,966,828,924

9.60 6.80 6.50 6.10 5.80 5.50 5.10 4.80 4.30 4.10 3.80 3.60 3.50 1.80 1.70 1.60 1.40

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

31.62745098

0 0

Total Projects Town Priority Project Number

1050

38