FY2023-FY2028 Adopted Capital Improvement Program

Capital Project Summary

Capital Project Number: RD1064 Capital Project Title: Yeagertown Road

Activity #:

Region: New Market

Asset Type: Roads Asset Category: Roads

Year Identified: 2010 Est Completion Date: 12/15/2029

Capital Project Status: Active

Capital Project Description: This roadway serves as a link from Boyers Mill Road to the proposed I-70/Meadow Road Interchange/Ijamsville Road. The project will upgrade the existing tar and chip road to a modified minor arterial from Boyers Mill Road for approximately 0.7 miles. The remaining 1.1 miles to Old National Pike will be upgraded to a local road status. Replacement of existing Bridge No. F09-06 will likely be required as part of the project. The project will upgrade the existing tar and chip surface and serve future traffic growth. The 2015 ADT is 1,500 vehicles per day.

Cash Requirement Schedule:

Project Total

Prior Budget

Categories

2023

2024

2025

2026

2027

2028 Costs After

Studies / Surveys

362,800

362,800

Land

1,645,000

1,645,000

Site Improvement - NonBldg

400,200 865,200

400,200

Architect/Engineering

865,200

Construction

7,513,500

7,513,500

Inspectors - County Project Management

641,900 251,400

641,900

251,400

Total Cost:

11,680,000

614,200 865,200 2,045,200

8,155,400

Funding Schedule:

Project Total

Prior Budget

Categories

2023

2024

2025

2026

2027

2028 Costs After

Trans from General Fund General Obligation Bonds

7,763,054 3,916,946 11,680,000

64,700

95,754 303,200

7,299,400

549,500 769,446 1,742,000 614,200 865,200 2,045,200

856,000

Total Cost:

8,155,400

137

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