Town Uses Bonds to Share in Cost with NCDOT and Others
Portion of $40 million bond: $24 million
Purpose: For these larger, costlier projects, the Town plans to use bond funds as contributions to matching grants that would make the projects possible. These are State-maintained roadways that would likely invite N.C. Department of Transportation participation. In this way, the Town will get much more than $24 million worth of improvements.
Bond and Partner Funded (Purple) Projects
Sunset Lake Road Widening
Widening Sunset Lake Road to four lanes, adding bike lanes and sidewalks, improving traffic flow near the future 540 interchange at Holly Springs Road.