Page 53 - N. Richland Hills Capital Budget

Street & Sidewalk Capital Projects
Department Project Title Project Number
Public Works Northeast Parkway / Davis Blvd. Traffic Signal ST2003
Project Description
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.

Project Justification
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.

Funding Source: Certificates of Obligation.

Project Schedule Beginning Date Ending Date History Fiscal Year Amount
Professional Services Proposed 2019-20 $380,000
Engineering/Design 02/2020 08/2020 Revision 2019-20 ($25,000)
Land/ROW Acquisition Total $355,000
Construction 09/2020 04/2021
Other
Total Schedule 02/2020 04/2021
Sources of Funds To Date 2020-21 Budget 2021-22 Estimate 2022-Completion Total Funding
General Obligation Bonds
Certificates of Obligation 355,000 0 0 0 $355,000
Federal/State Grants
Reserves
Sales Tax
Other
Total Funding $355,000 $0 $0 $0 $355,000
Project Costs To Date 2020-21 Budget 2021-22 Estimate 2022-Completion Total Cost
Professional Services
Engineering/Design 80,000 0 0 0 $80,000
Land/ROW Acquisition
Construction 275,000 0 0 0 $275,000
Other
Total Costs $355,000 $0 $0 $0 $355,000
Operating Impact
No operating impact is anticipated.

Fiscal Year 2020-21 2021-22 2022-23 2023-24 2024-25 Total Impact
Amount $0 $0 $0 $0 $0 $0
Total Operating Impact $0 $0 $0 $0 $0 $0

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