Charlotte voters will have the chance to approve city bonds to fund various projects around the city of Charlotte this election. Several of these bonds fund projects that will directly affect the University City area.
City bonds are on the ballot for voters generally every two years. Beginning with the bonds in this cycle and running through the next four bond cycles, a plan to fund community investment has been developed.
According to Darlene Heater, executive director of University City Partners, there are three main projects in the bonds that will affect the university area. The first project will fund two new bridges over I-85. The north bridge will connect the Shoppes at University Place to University Research Park. The south bridge will connect The Belgate shopping area (where Ikea is located) to several large businesses on IBM Drive.
“[The construction of the bridges] will serve to alleviate traffic volume on both Harris Blvd. and Mallard Creek Church Road,” said Heater. She also commented that a secondary benefit of the bridges is that they will add future investment to the area.
The second project has been named the Northeastern Corridor Investment project. This project will fund various infrastructure projects in the area, including new bike lanes, sidewalks and roads.
The third project planned for the university area is the Cross Charlotte Trail. This will connect and enhance both the Mallard Creek and Toby Creek Greenways. The ultimate plan for the Cross Charlotte Trail is to link greenways and running trails in York, Mecklenburg and Cabarrus counties creating over thirty miles of trails.
In all, the bond packages are worth $145.9 million. Bonds for Prosperity Village, a neighborhood bordering University City where almost 50 percent of University City workers live, could see $30 million in investments over the next four bond cycles if they are approved.
Heater made a note of several important things for voters to know about the bonds in the upcoming election.
“First, it is important that you vote…Second, know that there is a lot at stake for University City and the area around University City…Third, all projects are in the city budget, therefore no taxes will be raised,” said Heater.
For more information about the bonds in the upcoming election, information can be found at www.voteyesforbonds.com.