FY 25 Adopted Budget | Seite 203

Transportation Capital Projects

Main Street Improvements
Project Location
Rand Mill and Main St
Type of Project
Streets & Sidewalks
Current Project Stage
Design
Project Lead
Engineering
Project Description This project includes adding public parking on a Town owned parcel , along with sidewalk , curb , gutter and road improvements at the intersection of Main Street and Rand Mill Road , a key gateway in historic Downtown Garner .
Purpose of Project The project scope initially only included streetscape improvements to provide better vehicle and pedestrian safety and enhance the sense of place in Downtown Garner . Following the acquisition of a key property and a successful application for federal funds , the Town was able to expand the scope to provide much-needed public parking across from a growing activity center in the historic business district .
Project Funding Overview Total Project Cost Prior Year Expenditures Future Year Costs $ 2,288,364 $ 542,101 $ 1,746,263
EXPENDITURES
PRIOR YEAR FUNDING
FY 2025
FY 2026
FY 2027
FY 2028
FY 2029
GRAND TOTAL
Prof Services
$ 242,101
-
-
-
-
-
$ 242,101
Utility Reloc
$ 280,000
-
-
-
-
-
$ 280,000
Perm ROW
$ 20,000
-
-
-
-
-
$ 20,000
Construction
-
$ 1,746,263
-
-
-
-
$ 1,746,263
Total
$ 542,101
$ 1,746,263
-
-
-
-
$ 2,288,364
REVENUES
PRIOR YEAR FUNDING
FY 2025
FY 2026
FY 2027
FY 2028
FY 2029
GRAND TOTAL
Federal Earmark
Grant
$ 315,000
$ 1,030,405
-
-
-
-
$ 1,345,405
2021 Bonds
$ 227,101
$ 715,858
-
-
-
-
$ 942,959
Total
$ 542,101
$ 1,746,263
-
-
-
-
$ 2,288,364
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