FY2024-FY2029 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
2024
2025
2026
2027
2028
2029 Costs After
Studies / Surveys
281,200 847,500
281,200
Land
847,500
Site Improvement - NonBldg
1,130,000 2,389,100 14,053,300
1,130,000
Architect/Engineering
2,108,000 281,100
Construction
14,053,300
Inspectors - County Project Management
843,300 210,900
843,300
210,900
Total Cost:
19,755,300
492,100 2,108,000 17,155,200
Funding Schedule:
Project Total
Prior Budget
Categories
2024
2025
2026
2027
2028
2029 Costs After
Trans from General Fund General Obligation Bonds
492,100
492,100
19,263,200 19,755,300
2,108,000 17,155,200
Total Cost:
492,100 2,108,000 17,155,200
139
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