Orange County NC Website
38 <br />Comparison of TIP Projects in ~'Y2004-2010 & hY 2006-2012 'T'IPS <br />The following two tables summarize the project funding, cost and schedule changes that <br />have occurred going from the FY2004-2010 TIP to the draft FY2006-2012 TIP, For the <br />most part, project changes occur when the initiation and completion of'the construction <br />funding slips one to two years, and when project costs increase. It is assumed that the <br />overall project completion delay will be similar in length to the delay in project <br />construction funding. The most significant impacts include: 1) the demotion of the East <br />End Connector -project construction funding slips from Fiscal Year 2010 to "Postyear" <br />(or, indefinitely); and, 2) no new, major roadway projects have been fimded in the draft <br />FY2006-2012 TIP. <br />T.. F.Io ~ • Tl.~rhom ('n~~nty <br />ID V Location,& Descri lion Summary of Chances <br />U-0071 East End Connector - Construction initiation slips from FY10 to <br /> NC 147 to NC93; multilane Postyear (indefinite) <br /> divided; part on new location Cornpletian of'right-of--way purchasing slips <br /> from FY09 to FY12 <br /> • Funding source changed from Surface <br /> Transportation Program (STP) to State <br /> Highway Trust Fund <br />R-2906 NC 55 - Construction completion slips from FY05 to <br /> US 64 in Wake County to FY07 <br /> Cornwallis R.d, in Durham . Cost increases from $46.7 million to $63..4 <br /> County; widen to multilanes million <br />U-3308 NC 55 (Alston Ave.) - Construction completion slips from F,Y09 to <br /> NC 147 to Holloway St ; FY12 <br /> widen to four lane divided Cost increases from $16 million ko $19.9 <br /> million <br />U-3309 T.W. Alexander Drive - • Construction completion slips from FY08 fo <br /> Comwallis Rd. to Miami FY 10 <br /> Blvd,; widen to four-lane . Cost increases from $7 million to $13.1 <br /> divided million <br />U-4009 US 15-SOl Service Rd. - Construction completion slips from FY04 to <br /> Relocate existing service road FY06 <br /> • Cost increases from $2.9 million to $4 million <br />U-4010 NC 98: Holloway St. to Construction completion slips from FY04 to <br /> Junction Rd FY06 <br /> • Cost increases from $2.0 million to $3.0 <br /> million __ <br />LJ-4012 US 15-501- Construction completion slips from FY05 to <br /> Mt. Moriah to Garrett R.d.; FY06 <br /> add additional lanes and turn Cost increases from $8..4 million to $10,8 <br /> lane million <br />