The eight eastern counties in NCDOT’s Division 2 will spend all their federal stimulus money to jump-start work on the U.S. 70 Bypass around Kinston. For the five counties of Division 6, every stimulating penny will be poured into Fayetteville’s I-295 loop.
But the Triangle will spread its stimulus share around and spend it on less sexy stuff — mostly to reduce a maintenance backlog of overdue highway and freeway resurfacing jobs. (See column with comments.)
At the same time, DOT will make use of another federal money source to speed the start of Wake County’s top highway priority, widening I-40 between Wade Avenue and U.S. 1/64.
DOT is using a federal financing source called GARVEE bonds for the I-40 widening, in a $49 million job to be awarded in June (rather than November as previously planned). Also with GARVEE bonds, DOT will spend about $10 million to widen I-40 in western Wake County, from I-540 to Wade Avenue, in a contract to be awarded in April.
Gov. Bev Perdue is expected in the next day or two to announce DOT’s plans for spending the first big chunk of its stimulus money quickly, in contracts to be awarded over the next four months. ... [MORE]