The road bond projects under consideration would require up to $400 million of contracted debt to issue general obligation capital improvement bonds to fund the costs for acquisition, design, construction and improvements.
Mobility Bond Projects
To promote use of Prince William Parkway to access I-95 by adding capacity and providing safety improvements to the eastbound direction
Description: Addition of a lane to the ramp that connects eastbound Prince William Parkway traffic at Old Bridge Road.
Approximate Project Cost: $15,000,000
Project Duration: 3 to 5 years
Existing Funding: None. Eligible for other funding