Orange County NC Website
/9. /- f/ <br /> •-• <br /> AGENDA ATTACHMENT 15 <br /> North Carolina <br /> Department of Transportation-,- <br /> P.O, Box 25201 Raleigh 27611 (919) 733-2520 <br /> James B.Hunt,Jr,Governor ) Thomas W. Bradshaw, Jr., Secretary <br /> April 3, 1981 <br /> The Honorable Ann Barnes <br /> Chairman <br /> orange County Board of Commissioners <br /> 106 E. Margaret Lane <br /> Hillsborough, North Carolina 27278 <br /> Dear Madam Chairman: <br /> Governor Hunt, the Board of Transportation and I invite you to <br /> attend and participate in a public meeting to update our 1980-86 <br /> - Transportation Improvement Program. The meeting in your area is <br /> scheduled to be held in Jamestown on Wednesday, April 22, 1981 in <br /> the Town Hall, 301 East Main Street at 2:00 p.m. We want to bring <br /> you up to date on the status of those projects in your area and to <br /> present to you a summary of our projected revenues as well as the <br /> cost of construction. We are sure you are aware of and have been <br /> following the severe impact the continuing effect of inflation and <br /> decline in revenues from the sale of gasoline have had on our <br /> transportation program <br /> Inflation has exceeded 20% each year during the last several years <br /> and the decline in gasoline tax revenues collected last year was <br /> in excess of $19 million and a further decline is projected in the <br /> amount of $17+ million for the year ending June 30th. <br /> We would also like to share with you the review of the information <br /> that was presented to the Governor in December by his Blue Ribbon <br /> Commission on Transportation Needs and Financing. Our slide show <br /> on transportation needs has been receiving wide circulation as a <br /> result of the interest in our transportation programs. The <br /> Commission Chairman, former Governor Dan Moore, noted in the <br /> transmittal letter to Governor Hunt that we are facing an <br /> extremely serious transportation problem. The figures in this <br /> report indicate -the magnitude of the highway financing problem <br /> • facing North Carolina. Behind these stark figures are the <br /> realities that: <br /> We must make a major investment in resurfacing <br /> and maintaining our highways or we will face a <br /> major and unprecedented expense of highway <br /> rebuilding in the near future; and <br />