Monday, February 27, 2012

$28 million to improve Riverdale Road in Ogden - Utah to borrow $130 million less on roads

Utah lawmakers are moving to borrow $130 million less than planned for highway construction — and released a list Monday of what projects would receive money from that bonding.

The House Transportation Commission voted 7-1 to approve that bonding authorization in HB173 by House Majority Leader Brad Dee, R-Ogden, and sent it to the full House.

It would authorize borrowing $2.08 billion, or $130 million less than earlier planned, for projects during the next three years.

Dee said fewer dollars are needed because some current projects cost less than expected, so savings are being used to reduce future bonding. For example, officials said, reconstruction of Interstate 15 in Utah County has cost $200 million less than planned.

His bill contains a list of where much of the borrowed money would go. Among the projects: $35 million to add capacity to I-15 between Spanish Fork and Payson; $28 million to improve Riverdale Road in Ogden; $18 million for the Provo Westside Connector; $12 million for the Vineyard Connector in Utah County; and $9 million for the 1100 South interchange in Box Elder County.

Examples of other projects: $4 million to Taylorsville for planning a bus rapid transit project on 4700 South; $5.3 million to West Jordan to improve 5600 West between 6200 South and 8600 South; $4 million to Salt Lake City to improve 700 South between 2800 and 5600 West; and $3 million to West Valley City to improve 6400 West from Parkway Boulevard to the State Road 201 frontage road