Agenda - 03-11-2014 - 3 CIP - Laserfiche WebLink

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Water & Sewer Utilities Capital Projects Fiscal Years 2014 -19 Project Name Economic Development Infrastructure Project Status Approved /New Functional Service Area Community and Environment Starting Date 1011512013 Department Planning Completion Date 613012015 Current Year 1 Year 2 Year 3 Year 4 Year 5 Five Year 6 Prior Years Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Year to Proiect Budaet Fundina 2013 -14 2014 -15 2015 -16 2016 -17 2017 -18 2018 -19 Total Year 10 Professional Design Services Acquisition -EDD right -of -way access Construction/Repairs/Renovations Equipment/Furnishings Total Project Budget General Fund Related Operating Costs Personnel Services Operations New Debt Service Total Operating Costs Revenues/Funding Source Article 46 Sales Tax Proceeds CDBG Grant Funding Total Project Description /Justification 250,000 I 15,000 15,000 45,000 45,000 750,000 40,000 40,000 250,000 I 100,000 100,000 750.000 - 1,000,0001 100,000 100,0001 Funding for FY 2013 -14 reflects the Morinage Candy Company site to develop their east coast manufacturing center in an area south of Interstate 40/85 and east of Ben Wilson Road, in the mid - eastern portion of the County. This project is funded by state and CDBG grants in addition to Article 46 Sales Tax Revenue. The project consists of design for extension of water,sewer and roadway infrastructure to the site from surrounding existing utility system and construction of the water and sewer extension. NC Department of Transportation will be paying for the construction of the road extension onto the property. The Morinaga site will connect to the sewer line that is currently under construction as part of the Buckhorn Mebane EDD Phase 2 project and be serviced for water and sewer by the City of Mebane. Funding for FY 2014 -15 includes $50,000 for EDD right -of -way access: Most of the County's EDD areas have reasonably good access from adjacent collector roads and interstate interchanges. However, one ED zone, which could support one of the only rail access project areas, has limited access ironically because of the restrictions on rail crossings and continued use of pre- existing 'old' roads within the rail right -of -way. This area, which is part of an adopted access management plan, is roughly bounded by the 1- 85/1 -40 interstate to the south, rail to the north, Buckhorn Road to the west, and Mt. Willing to the east. In this 300+ acre area (3 -mile long corridor), only one rail crossing for non - residential use exists from this area to US 70. This proposed new right -of -way (only a small segment at this time) would connect to Buckhorn Road, possibly opposite Industrial Drive to give more direct access to the interstate. Funding for FY 2014 -15 also includes $50,000 for EDD & Rural Broadband: An important infrastructure element being requested both in our urban EDD zones as well as our rural entrepreneurial areas is broadband. Whether office, distribution, retail, internet broadband speeds are more than a necessity, they are required. Many private sector ventures only react to existing markets and profitable extensions. However, the lack of broadband when marketing undeveloped lands (even though after the fact there may be an extension), limits and may exclude our sites with other excellent utility infrastructure. A public - private partnership or public - public - private partnership may help bring broadband facilities in advance of normal market forces. An example may be to work with electric utilities whom have an interest in field monitoring of power usage to create efficiencies. ••