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
Creates an internal parallel route to I-95 and Route 1 between Dale Boulevard and Route 234
Description: 4-lane extension of Van Buren Road between Route 234 and Cardinal Drive. Includes bike/ped facilities. Total project length of 2.7 miles.
Approximate Project Cost: $70,000,000
Project Duration: 4 to 6 years
Existing Funding: None. Eligible for other funding.