Title
Vote on a request to approve adopting a resolution supporting the request for Department of Transportation Contingency Funds for the design and engineering of an interchange on Highway 421 and an access road to the Chatham-Siler City Advanced Manufacturing (CAM) Site
Abstract
Action Requested: Vote on a request to approve adopting a resolution supporting the request for Department of Transportation Contingency Funds for the design and engineering of an interchange on Highway 421 and an access road to the Chatham-Siler City Advanced Manufacturing (CAM) Site.
Introduction & Background: The Chatham-Siler City Advanced Manufacturing (CAM) Site located in Western Chatham County through analysis with consultants identified the need for a new interchange and access road to be constructed from Highway 421 to the northern boundary of the CAM Site. This interchange and access road will be necessary to support transportation access for an industrial end user of the site. By completing the design and engineering of the interchange and road, the construction timeline is drastically reduced once an end user selects the CAM Site as its location. The Department of Transportation has a contingency fund which supports discretionary projects. The fund, which does not require a local match, can provide up to $750,000 per year for two years.
Discussion & Analysis: Requests from the local legislative representatives, along with a resolution from the local governing body, must be made to the North Carolina Department of Transportation to access a maximum of $1.5 million over the two year period. An end user locating on the North Carolina Certified CAM Site will create the need for additional transportation infrastructure. By completing the design and engineering of the interchange and access road, the CAM Site becomes more competitive and more attractive to an end user by reducing their construction timeline. In return, this allows for greater marketing of the CAM Site ...
Click here for full text