FY2025 Proposed 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: 12/1/2033
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
2025
2026
2027
2028
2029
2030 Costs After
Studies / Surveys
292,448 881,400
292,448
Land
881,400
Site Improvement - NonBldg
1,175,200 2,484,664 14,615,432
1,175,200
Architect/Engineering
2,192,320 292,344
Construction
14,615,432
Inspectors - County Project Management
877,032 219,336
877,032
219,336
Total Cost:
20,545,512
511,784 2,192,320 17,841,408
Funding Schedule:
Project Total
Prior Budget
Categories
2025
2026
2027
2028
2029
2030 Costs After
Trans from General Fund General Obligation Bonds
1,704,104 18,841,408 20,545,512
511,784 1,192,320
1,000,000 17,841,408
Total Cost:
511,784 2,192,320 17,841,408
108
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