Capital Improvements Program FY 2015 - 2024

City of Greensboro

2015-2024 Capital Improvements Program

ACCOUNT NUMBER 471-4502-12

RESULT AREA

PROGRAM 2008 Bond Program DISTRICT 1

DEPARTMENT Infrastructure

Tracking#

106

Transportation

PROJECT TITLE High Point Road/Lee Street Streetscape Phase 1

TYPE REQUEST Continuation

PROJECTED START

PROJECTED COMPLETION

Summer 2009

Summer 2015

PROJECT DESCRIPTION The City of Greensboro's Connections 2025 Comprehensive Plan identified High Point Road and West Lee Street as reinvestment corridors. Reinvestment corridors are defined by the plan as “older commercial corridors that would benefit from significant public and private investment to enhance their economic viability and strengthen adjacent neighborhoods.” This project consists of the Phase I Corridor Plan for the section of High Point Road / West Lee Street that stretches I-40 and Chapman St. The streetscape project will focus on improving the visual appeal, enhancing pedestrian, bicycle and transit mobility and safety while preserving the existing capacity for motorists.

Approved Funding: Estimated Budget: BUDGET INFORMATION

BUDGET COMMENTS

$11,083,045 $11,083,045

Design - Complete $793,450 NCDOT has agreed to fund a portion of the project. Water Resources to provide a portion of the needed funds ($2,907,954)

Expenses

Fiscal Year

Planning/Design

Land

Construction

Equipment

Fiscal Year Total

14 15 -

0

0

11,083,045

0

11,083,045

15 16 -

0

0

0

0

0

16 17 -

0

0

0

0

0

17 18 -

0

0

0

0

0

18 19 -

0

0

0

0

0

19 24 -

0

0

0

0

0

Total

0

0

11,083,045

0

11,083,045

Revenue

Fiscal Year 14 15 - 15 16 - 16 17 - 17 18 - 18 19 - 19 24 -

General Fund

Enterprise Fund

Grants

Authorized Bonds

Unauthorized Bonds

Unauthorized Bonds 2

Revenue Bonds

Other Revenue

Fiscal Year Total 11,083,045

0

2,907,954

1,250,000

6,925,091

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Total

0

2,907,954

1,250,000

6,925,091

0

0

0

0

11,083,045

Operating Impact

Maintenance Operations

Fiscal Year

Personnel

Capital Outlay

Revenues

Fiscal Year Total

- 14 15 - 15 16 - 16 17 - 17 18 - 18 19 - 19 24

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Total

0

0

0

0

0

75

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