News & Observer | newsobserver.com | Bond vote delay means putting off major projects

Published: Jul 03, 2008 12:30 AM
Modified: Jul 03, 2008 01:21 AM

Bond vote delay means putting off major projects

Story Tools

Advertisements
RALEIGH - Ten Raleigh road projects will be delayed at least a year by the City Council's decision not to put a transportation bond issue to a public vote this fall.

The projects include widening and other improvements to some of Raleigh's busiest streets, including Wade Avenue, Poole Road and Lake Wheeler Road.

Other major streets that are likely to be affected by the delays include Old Wake Forest Road, Jones Franklin Road, Sandy Forks Road, Leesville Road, Rock Quarry Road, Mitchell Mill Road and Buck Jones Road.

With the property tax rate set to go up 4.18 cents, the council chose this week to defer projects one year and review them, along with public transportation funding, before a new bond issue is proposed. City Manager Russell Allen recommended that the council set a $120 million transportation bond referendum for this fall.

Delaying the road bond referendum will not delay some projects, such as the realignment and widening of Falls of Neuse Road and the widening of Six Forks Road. Both projects will receive money this fiscal year from a $60 million road bond issue voters approved in 2005.

Although the City Council recently increased the impact fees it charges developers to help pay for roads, the increase is expected to raise only an additional $2 million this year because of a decrease in construction.

All rights reserved. This copyrighted material may not be published, broadcast or redistributed in any manner.
No comments have been posted for this story. Log in to be the first to comment.


The News & Observer is pleased to be able to offer its users the opportunity to make comments and hold conversations online. However, the interactive nature of the internet makes it impracticable for our staff to monitor each and every posting.

Since The News & Observer does not control user submitted statements, we cannot promise that readers will not occasionally find offensive or inaccurate comments posted on our website. In addition, we remind anyone interested in making an online comment that responsibility for statements posted lies with the person submitting the comment, not The News and Observer.

If you find a comment offensive, clicking on the exclamation icon will flag the comment for review by the administrators, we are counting on the good judgment of all our readers to help us.

Hosting Partners of
newsobserver.com

Member of the
Real Cities Network

A subsidiary of The McClatchy Company