Title
I-277 Pedestrian Bridge
Action
ACTION:
Approve the I-277 Pedestrian Bridge Interlocal Agreement.
Staff Contact: Michael A. Bryant, Assistant County Manager
Presentation: No
BACKGROUND/JUSTIFICATION:
In 2004, the City of Charlotte removed the pedestrian bridge crossing component from the LYNX Blue Line Extension Project as a cost savings measure. The removal of the crossing left behind a critical link in the multi-use trail, which runs between South End and Uptown. As a result, it was agreed to restore the pedestrian bridge at a cost of $11 million. Contributions towards the cost of the bridge is as follow: $3.1M - Mecklenburg County; $3.1M City of Charlotte; $3.3M - NC DOT; and, $1.5M - private, non-profit and grants.
As part of the FY2019 Operating Budget, the Board of County Commissioners allocated $3.1M to capital reserves to contribute to the pedestrian project as part of its contribution. This funding proposal meets City goals that include promoting transportation choices through adopted plans such as the Center City 2020 Vision Plan.
PROCUREMENT BACKGROUND:
N/A
POLICY IMPACT:
N/A
FISCAL IMPACT:
$3,100,000 - Capital Reserve Funding