07.29.05

Burr: Over $74 Million in Transportation Funds for North Carolina Included in Highway Funding Bill

North Carolina’s rate of return to increase

Senator Richard Burr today announced that over $74 million for North Carolina-designated transportation projects have been included in the Safe, Accountable, Flexible and Efficient Transportation Equity Act: A Legacy for Users (SAFETEA-LU). The Senate is scheduled to consider the legislation later today.

"These transportation projects are vital to our state's infrastructure and good examples of the federal, state and local government working in partnership," said Senator Burr. "These projects will benefit those who use our roads and highways throughout the state and encourage economic expansion and job growth. I encourage my colleagues in the Senate to vote for the bill."

In addition, North Carolina's rate of return for federal highway funding, under the legislation, will increase from 90.5 percent to 92 percent by 2008, meaning North Carolina will see a return of 92 cents for every dollar paid into the Highway Trust Fund. This will mean over $1 billion annually for improvements for North Carolina's federal-aid highways.

"The increase in North Carolina's rate of return to 92 percent is an improvement over the last highway bill. Millions of dollars North Carolinians pay into the federal trust fund every year will now stay in our State," Senator Burr added.

North Carolina projects in the legislation include:

Statewide: $10 million for the construction of Interstates 73 and 74.

Statewide: $2.5 million for improvements and construction on Interstate 95.

Asheville: $700,000 for road relocation to revitalize Pack Square.

Cary: $400,000 to develop a greenway system.

Charlotte: $16.5 million for the CLT Airport Freight Intermodal Distribution Project.

Charlotte: $725,000 for a community recreation partnership between the City of Charlotte and Queens University for the development of sixty-five acres at the Marion Diehl Center.

Concord: $3.35 million to widen current two-lane Derita Road to a multi-lane facility.

Durham: $2 million to combine a near-term bike/walking path with a long-term plan for a transit corridor.

Fayetteville/Cumberland County: $3.8 million for the transfer of the Williams Street railroad switching operation to the Milan Yard switching operation site.

Greenville: $2.5 million for planning, right-of-way acquisition, design and construction of the Tenth Street Corridor.

Henderson: $192,000 to widen a portion of Beckford Drive to include a new turn lane, new curb and gutter and road resurfacing.

High Point: $6 million for the construction of an eight mile segment of Interstate 74.

High Point: $900,000 for the Airport Area Roadway Network Project.

Lenoir/Caldwell County: $2 million to widen US 321 Bridge over the Catawba River from 4 to 6 lanes.

McDowell and Mitchell Counties: $700,000 to study feasibly of widening US 221-NC 226 from Woodlawn to Spruce Pine, start planning and design, and make upgrades to improve safety.

Monroe: $8 million for right-of-way acquisition and construction of a 13.6 mile, four lane bypass of US Highway 74.

Monroe: $1 million for right-of-way acquisition for the 3.5 mile Martin Luther King, Jr. Boulevard Arterial Extension Project.

Outer Banks: $2 million to study the feasibility of constructing a mid-Currituck sound bridge to relieve traffic congestion on the Outer Banks.

Wilson: $4.933 million for right-of-way acquisition and construction of the Northern Loop Project that will begin at NC 58 and follow east to US 301.

Winston-Salem/Forsyth County: $4.5 million for improvements to Piedmont Triad Research Park.

Winston-Salem/Forsyth County: $1.3 million for the construction of 1-74 from US 52 to Bus. I-40 to US 311.