The Fayette County Commission on Sept. 26 unanimously approved the submittal of applications for funding assistance with the traffic signal project at Ga. Highway 92 North and Westbridge Road and for the roundabout project at Redwine Road, Bernard Road and South Peachtree Parkway.
County public works staff said the state Road and Tollway Authority, through the Georgia Transportation Infrastructure Bank (GTIB), is making available up to $25 million in loans and grants for transportation projects during the 2019 call for projects. This application will be for a grant.
One of the applications will request $150,000 in funding for the traffic signal project at the intersection of Hwy. 92 North, Westbridge Road and Veterans Parkway.
Staff said a cost estimate generated by the project engineer, at the 80 percent plan completion level, puts construction costs at $599,129.62. Ga Department of Transportation has agreed to donate signal equipment, estimated to be close to $45,0000. This grant would comprise 25 percent of overall construction costs.
Fayette County will cover the costs for design and right of way acquisition.
The second application is requesting $450,000 for the roundabout project at the intersections of Redwine Road, Bernard Road and South Peachtree Parkway.
Staff said a cost estimate generated by the project engineer, at the 80 percent completion level, puts construction costs at $1,648,678.78. The GTIB Grant, if awarded, will help make up for budget gap we are currently seeing, staff said.
This grant would comprise 27 percent of overall construction costs. Fayette County will cover costs for design and right of way acquisition. Estimated costs provided by the project engineer do not include design and right-of-way costs for this project, according to county staff.
Grant awards are expected to be announced in February 2020.
