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
Eliminate bottleneck between two proposed developer projects and improve the intersection of Catharpin Road at Route 55
Description: 4-lane widening of Route 55 from Gillis Way to Catharpin Road, and intersection improvements at the intersection of Route 55 at Catharpin Road, includes bike/pedestrian facilities. Total project length of 0.8 miles
Approximate Project Cost: $40,000,000
Project Duration: 4 to 6 years
Existing Funding: None. Unlikely to receive other funding.