Skip to main content

SC Infrastructure Bank Awards Monies

The SC Infrastructure bank was very creative in how it awarded $174 million of the possible $300 million in road funds yesterday. As a result, most of the requested projects will receive some funding from the infrastructure bank.

First, the bank loaned $93 million to the South Carolina DOT to widen a deadly stretch of US 17. The loan is to cover the contracts for widening 5.5 miles of a 22 mile stretch of the deadly highway. The state has until September 1st to award the construction contracts. Since this is a loan, the $93 million does not go against the $300 million total. Note: The loan can extend up to $221 million.

Second, Horry County will receive $40 million of the requested $150 million towards right-of-way acquisition for the final phase of the Carolina Bays Parkway. (SC 707 to SC 544) The awarding of the $40 million is contingent on Horry County residents approving a once cent sales taxes for highway construction this fall.

Third, $99 million was awarded to Charleston County for right-of-way and design projects for the proposed extension of I-526. The other Charleston related project - an access road from I-26 to the Port of Charleston - was denied. Charleston County has already gained approval for a 1/2 cent sales tax for road construction.

Also, the state awared Mount Pleasant $5 million to buy land at the intersection of I-526 and US 17.

Finally, the state awarded Aiken County $30 million to cover cost increases for I-520. The county had requested $50 million.

Anderson County which had requested funds for widening projects had previously withdrawn their application.

Articles: Infrastrcutre Bank doles out money for highway projects --Associated Press
Tax would net S.C. 31 funds
---Myrtle Beach Sun News

Commentary:

The remaining $126 million can be rewarded at a later date or can be rolled over into a bigger pot for future needs. The bank was creative in awarding money and also in spreading out the funds. The $93 million, and possibly $221 million, loan to the SCDOT means that there will be more funds incoming to the bank.

I agree that the most pressing issue is the US 17 widening. In the past nine years, 34 people have died as a result of wrecks on that stretch of highway. In North Carolina, US 601 in Union County -- from Monroe (US 74) to the SC Line -- is similar with the amount of deaths on that highway.

The Bank awarded money for r-o-w and design projects. Their main concern was allowing the counties and state the chance to purchase land before rising real estate costs would get to far ahead of what could be affordable.

The next thing to watch is Horry County and the passing of a referrendum for a one cent county sales tax to provide transportation funding. The tax, which is currently going through the process of getting on the fall ballot, would provide funds for an estimated $425 million in transportation projects. Similar measures have beeen voted down by residents in the past.

Even if the tax vote falls short, the $40 million for Horry County could still be received as the bank stated that they would accept other methods of obtaining the local match in funding.

Previous Entries:
SC: State Committee Sees Carolina Bays Parkway Up Close.

Comments

Popular posts from this blog

California State Route 49; The Golden Chain Highway (CA 41 north to CA 16)

Last year I traveled California State Route 49 from CA 16 north to CA 89 in one continuous trip.  The prior two years I traveled the rest of CA 49 south to CA 41 in Oakhurst.  This blog post consists of photos of the highway from that time period and historical information about the southern part of CA 49.






This blog post is meant to be a continuation of the previous one I did regarding CA 49 from CA 16 north to CA 89.  A link to said blog post can be found below:

California State Route 49; The Golden Chain Highway (CA 16 north to CA 89)

As stated in the previous blog post; CA 49 is an approximately 295 mile long north/south highway which traverses the traditional Gold Rush Country of California.  While I intend to discuss county level historical alignments of CA 49 as I did in the first blog post I thought this would be a good place to discuss the backstory of highway. 

CA 49 was first signed in 1934 along a series of Legislative Route Numbers ("LRN") that were largely locate…

Throwback Thursday - April 26, 2018

This week's Throwback Thursday takes us to a throwback that never was. Interstate 291 was planned to be a loop around the west and north sides of Hartford, Connecticut, but for a number of reasons, such as community opposition and environmental issues put the kibosh on the proposal. However, there are a few places to check out parts of I-291 that were built, such as the existing stretch of I-291 in Windsor and Manchester. What was to be the interchange between I-84 and I-291 was built in Farmington, along with the ramps, but most of the ramps and through carriageways were never opened to the public. I visited in April 2008 and took some photos. In the distance, you can see the stack interchange with I-84 that was built but never put into operation.




Sources and Links:
Kurumi.com - I-291

Alaskan Way Viaduct Legacy Part 2; Alaskan Way, US Route 99 and the Alaskan Way Viaduct

Upon my arrival in downtown Seattle after taking the Bremerton-Seattle Ferry across Puget Sound I stopped to see the soon to be razed Alaskan Way Viaduct.  The Alaskan Way Viaduct is an elevated freeway and a former segment of US Route 99.  Interestingly US 99 is still signed at the southbound Viaduct Ramp located at Columbia Street and 1st Avenue in Pioneer Square.






This blog entry is the second in a series of two related to transportation in Seattle related to the Alaskan Way Viaduct.  The first entry in the series can be found here:

Alaskan Way Viaduct Legacy Part 1; Alki Point, Duwamish Head and Railroad Avenue

Continuing from the previous blog entry I mentioned Railroad Avenue as a major planked wood road corridor spanning Elliott Bay and the Waterfront of downtown Seattle.  By the early 20th century it was fairly obvious the wooden plank road was woefully inadequate for Automobile traffic. When US Route 99 was plotted out in 1926 it appears to have likely used the following route …