Page 294 - N. Richland Hills Capital Budget
P. 294

Major Capital Equipment Capital Projects
                                       Northeast Parkway / Davis Blvd. Traffic Signal
                                                           ST2003


           352-(&7 '(6&5,37,21   -867,),&$7,21
            This project consists of engineering and construction of a new traffic signal at the intersection of Davis Boulevard and
            Northeast Parkway.  The scope includes paving and signal improvements.  The Northeast Parkway / Davis intersection lies
            within the Smithfield Transit Oriented Development and serves a large residential area east of Davis.  The addition of a signal
            would provide for safe access during peak times from Northeast Parkway to Davis Boulevard for the Stonybrooke
            neighborhoods, the new Smithfield Villas TOD residential neighborhood, and the existing industrial users on Northeast
            Parkway.  Based on the future extension of Northeast Parkway to the west, it is expected that even more motorists will use this
            intersection in the future.






           352-(&7 67$786                         25,*,1$/                                25,*,1$/
                                                 67$57 '$7(    5(9,6,21                   (1' '$7(     5(9,6,21
           Professional Services
           Engineering                            02/2020                                 08/2020
           Land/ROW Acquisition
           Construction                           09/2020                                 04/2021
           Other

           5(9,6,21 (;3/$1$7,21






           ),1$1&,$/ '$7$
                                                  $'237('                    5(9,6('                    727$/
                                                %8'*(7 7+58    352-(&7     %8'*(7 7+58   5(0$,1,1*     352-(&7
                                                               5(9,6,21                   %$/$1&(        &267
           )81',1* 6285&(6
            Certificates of Obligation              $380,000     ($25,000)     $355,000                  $355,000
                                                           0            0            0                         $0
                                                                                     0                         $0
                                                                                     0                         $0
                                                                                     0                         $0
           7RWDO                                    $380,000     ($25,000)     $355,000          $0      $355,000
           352-(&7 (;3(1',785(6
                                                                                    $0                         $0
             Professional Services
             Engineering/Design                       80,000                     80,000                   $80,000
             Land/ROW Acquistion                                                     0                         $0
             Construction                            300,000      (25,000)      275,000                  $275,000
             Other                                                                   0                         $0
           7RWDO                                    $380,000     ($25,000)     $355,000          $0      $355,000

           ,03$&7 21 23(5$7,1* %8'*(7




           $118$/ 23(5$7,1* ,03$&7                                                                      727$/
           Projected                                                                                           $0



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