Resolution Passes 90-day delay on I-77 project

Mecklenburg County Commissioners unanimously passed a resolution Tuesday regarding the controversial toll lane project on I-77.

The resolutions asks for a 90-day delay on the approval of the contract terms, plus an independent audit of those terms.

Earlier this month a non-compete clause was discovered in the contract for the project. Commissioners also expressed strong concern over the 50- year term of the contract and how agreeing to it could bind the hands of future generations.

NCDOT remains unmoved and sent out a statement late this afternoon saying construction on the toll lane project is still scheduled to start later this year and they have completed all financial requirements.

NCDOT says the schedule was shown to the public April 28, NCDOT finalized the Private Activity Bonds on May 13 and will complete the loan process Today, May 19. This completes the financial requirements of the final agreement that was signed June 2014.

The project will provide immediate and long-term traffic managements solutions within three years. NCDOT is investing $95 million directly in the I-77 Express Lanes project. Canceling the project anytime after June 26, 2014 would have cost the state $22 million, today damages for canceling would potentially exceed $100 million, according to NCDOT.
Up Next:


  • Popular

  • Recent

Stories you may be interested in -- includes Advertiser Stories