Rep. Susan Fisher and Rep. Bruce Goforth are pleased to announce that Buncombe County will receive $5.3 million for a transportation project to aid in the state’s economic recovery.
The project is one of eight in the state funded in this cycle by the federal American Recovery and Reinvestment Act, or ARRA. These federal stimulus projects have a total value of more than $94.7 million.
The money allotted for the project will pay for the resurfacing and making safety improvements along 5.9 miles of I-240 from Exit 4 on I-240 just east of the bridges over the French Broad River to I-40, including the exit ramps, in Asheville. The $5.3 million contract was awarded to APAC-Atlantic Inc. of Asheville. Work can begin as early as March 29, with final completion set for Sept. 15, 2011.
“We need safer roads and we need good jobs. This investment helps with both,” Rep. Fisher said. “It will be money well-spent.”
“I am pleased that Asheville will receive these much needed funds to improve our roads and keep people safe while traveling,” Rep. Goforth said. “The fact that it will also create jobs and stimulate the economy in North Carolina is the icing on the cake.”
According to the Federal Highway Administration, every $1 million spent on transportation creates 30 jobs, and according to the construction industry, every dollar invested in transportation generates $6 in economic impact.
For more information about funding for infrastructure improvements in North Carolina, as well as other NCDOT projects and activities, visit: www.ncdot.gov.Read the full article