Thursday, January 29, 2015

Leggett Announces Amended Six-Year Capital Construction Budget

cipmemo

On January 15, Montgomery County Executive Isiah Leggett announced his recommended Fiscal Year (FY) 2016 Capital Budget and proposed amendments to the FY 15-20 Capital Improvements Program (CIP) that contains the following additions for transportation and infrastructure improvements:
  • Accelerate White Flint redevelopment expenditures for Main/Market streets and Executive Boulevard. Funding will aid coordination with the Conference Center parking garage construction, minimizing disruption to local businesses, saving money and accelerating pedestrian and bike improvements.
  • Proceed with the extension of the Metropolitan Branch Trail from the Silver Spring Transit Center to the north end of the existing trail near Montgomery College’s Takoma Park campus to coordinate with construction of a nearby development.
  • Construct a new bridge at Pennyfield Lock Road and provide design funding for a new Glen Road Bridge.
  • Accelerate $8.2 million in road resurfacing and maintenance for the coming year, expediting work on 62.7 lane miles of roads.
  • Continue support for the Bethesda Metro Station South Entrance, the Capital Crescent Trail, and the Silver Spring Green Trail projects reflecting modest Purple Line delays.
Under a 1996 County Charter amendment, a new CIP is developed in even-numbered calendar years. In alternate years, such as 2015, the Executive may recommend limited amendments to the existing six-year CIP. Read more.
Click here to see the full FY16 Capital Budget and six-year Capital Improvements Program.
seal33