FY2023-FY2028 Adopted Capital Improvement Program
Capital Project Summary
Capital Project Number: RD1074
Activity #:
Capital Project Title: Old National Pike Corridor
Region: New Market
Asset Type: Roads Asset Category: Roads
Year Identified: 2022 Est Completion Date: 12/1/2032
Capital Project Status: Active
Capital Project Description: This project will improve the roadway from Bartholows Road east to the Mount Airy town limits. The project includes construction of on-street bike lanes, geometric improvements, drainage improvements and other safety upgrades to meet current standards for a minor arterial roadway. This corridor serves as an alternate route when incidents occur on I-70 between Mount Airy and New Market. The 2021 ADT on Old National Pike was 8,115 vehicles per day.
Cash Requirement Schedule:
Project Total
Prior Budget
Categories
2023
2024
2025
2026
2027
2028 Costs After
Studies / Surveys
248,800 750,000
248,800
Land
750,000
Site Improvement - NonBldg
1,000,000 1,865,500 12,436,500
1,000,000 1,865,500 12,436,500
Architect/Engineering
Construction
Inspectors - County Project Management
746,200 186,600
746,200
186,600
Total Cost:
17,233,600
435,400 16,798,200
Funding Schedule:
Project Total
Prior Budget
Categories
2023
2024
2025
2026
2027
2028 Costs After
Trans from General Fund General Obligation Bonds
435,400
435,400
16,798,200 17,233,600
16,798,200
Total Cost:
435,400 16,798,200
145
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