FY 23 APPROVED CAPITAL BUDGET

Tollgate Road/Vale Road Corridor

HIGHWAYS - ROADS Project Number:

Operating Budget Impact

H224504

Council District:

B

Revenues:

Location:

Bel Air/Fallston

Expenditures: Cost Savings: None:

Est. Debt Service:

$5,000

(annual)

X

Expended/Encumbered as of 2/9/22: $0

Project Schedule/Status: FY 22: Design for Phase 1 FY 24: Construction for Phase 1 FY 25: Design for Phase 2 FY 27: Construction for Phase 2

PROJECT DESCRIPTION: The Tollgate Road-Vale Road Corridor between Business Route 1 and Carrs Mill Road is to be improved to adequately handle existing and projected traffic volumes. The project, approximately 6,800' long, will improve the roadway section and safety of Vale and Tollgate Roads, which carry heavy volumes from subdivisions to the west of Bel Air to the Central Business District in Bel Air. Phase 1 is to realign the Vale Road intersection(s) with Carrs Mill Road and create a conventional single point intersection. Phase 2 is to realign the "S" curve near the intersection of Jenny Road. Additional phases are in the outyears. This project is consistent with the Master Planning goal of maintaining a safe and adequate transportation system to serve existing and future populations.

EXPENDITURE SCHEDULE

Approp Total

Cost Element

Prior

FY 2023

FY 2024 FY 2025 FY 2026 FY 2027 FY 2028

TOTAL

Engineering/Design Land Acquisition

200,000

200,000

200,000

400,000

0 400,000

850,000

1,250,000

Construction

0 0 0

0

Inspection Fees

50,000

75,000

125,000

Equipment/Furnishing

0

Total Cost:

200,000

0

200,000 450,000 200,000

0 925,000

0

1,775,000

FUNDING SCHEDULE

R7000 Future Bonds R7100 Prior Bonds

0 450,000 200,000

925,000

1,575,000

200,000

200,000

200,000

0 0 0

0 0 0

Total Cost:

200,000

0

200,000 450,000 200,000

0 925,000

0

1,775,000

330