City bonds on the ballot will fund several Ucity projects

Oct 19, 2018 | Economic Development, Events

City Bonds 2018When you go to the polls over the next few weeks, be sure to vote for Charlotte’s general obligation bonds.

The $223.8 million in projects that the bonds will fund include several that directly benefit University City – including a new bridge linking the research park to light rail; street improvements to make our business district more walkable; and community improvements at the I-485 Prosperity Village.

Here’s a brief overview of the General Obligation Bonds

 

Transportation Bonds – $118.08 million

The bonds will fund street and intersection projects, continued development of the Cross Charlotte Trail, upgrades to Charlotte’s traffic control system, pedestrian safety improvements, and repairs or construction of bridges, sidewalks and bikeways.

I-85 North Bridge

Bonds will help fund a bridge over I-85 linking University Place and the Research Park

In University City, more than $50 million will go to ongoing improvements of streets, sidewalks and intersections along the Northeast Corridor that includes the LYNX Blue Line Extension.

The funds will also build a revolutionary vehicle-bike-pedestrian roadway and bridge linking University Research Park to the JW Clay Blvd Transit Station, the North Tryon Street business corridor and UNC Charlotte. SEE THE VIDEO

More money will also go to develop the 30-mile Cross Charlotte Trail. When completed in the next decade, the paved path for pedestrians and cyclists will run from University City to Pineville via UNC Charlotte, NoDa, Uptown and southeast Charlotte. GET DETAILS

 

Housing Bonds – $50 million

Housing bonds fund the city’s Housing Diversity Program. This money is matched with private investment dollars to provide affordable and well-maintained housing for low- and moderate-income individuals and throughout Charlotte.

The Housing Diversity Program not only addresses the need for new construction; it also helps preserve existing housing through rehabilitation of both single and multifamily housing units.

 

Neighborhood Improvement Bonds – $55 million

Neighborhood improvement bonds fund projects that address infrastructure needs in the city’s established neighborhoods and emerging high-growth areas.

They support a network of streets, sidewalks, greenways and bike lanes to better connect neighborhoods with major employment, institutional and retail areas.

In University City, some of this bond money will go for improvements to the Prosperity Village community along I-485. LEARN ABOUT THE PROSPERITY VILLAGE PLAN

Learn more about all of the bonds

Visit voteyesforbonds.com for much more information about how the Charlotte General Obligation Bonds will help meet important community needs.

 

Early voting continues through Nov. 3

Early voting has begun and continues until Nov. 3, the Saturday before Election Day (which is Tuesday, Nov. 6). Check the ballot, voting place and early voting times and locations at the Mecklenburg County Board of Elections or online here.

0 Comments


Receive Up to Date News


Receive Economic Development News


View Past Newsletters


View Post by Category


Press Releases

Meet our new intern, Haley Chilcott

Haley Chilcott is our new Marketing Communications Intern here at University City Partners. Haley is an undergraduate student at the University of North Carolina at Charlotte and is majoring in Communications, with a concentration in Public Relations. After graduation...

University City Partners welcomes our newest board members

  University City Partners welcomes its newest members of the UCP Board of Directors: Charlotte City Manager Marcus Smith and Michael Fung, a regional leader for Wells Fargo's Corporate Properties Group. The University City Partners Board of Directors consists of...

Response to tragic police incident and unrest

Last night our community was at the center of a tragic police incident followed by several hours of demonstration, aggressive agitation and unrest. Our neighborhoods, businesses, retail centers and institutions were impacted with activity that has left us all feeling...

Introducing our UNC Charlotte interns

University City Partners is proud to introduce our "Class of 2016" - our fall semester interns from UNC Charlotte. Seniors Hollis Maye-Keye and Cagney Reeves will help us with communications and planning - key functions for our success. We encourage you to consider...

UCP video report: Planning for our transit-powered future

University City Partners has launched a new feature - a monthly video report on how we are investing time and resources to build University City. Today's report: UCP is leading a planning effort to make the area around the future JW Clay Transit station a more...

Our 2016 Annual Report chronicles a landmark year

The dramatic changes taking place across University City can be hard to keep up with - unless you have the University City Partners annual report. Our brand new 2016 University City Partners Annual Report chronicles these changes over the past year (July 2015-June...

University City Partners welcomes new board members

University City Partners welcomes four new members to its board of directors, including two UNC Charlotte grads. Tracy Dodson with Lincoln Harris, John McAlister with Electrolux, Phil Nicholenko with TIAA and Jane Wu, founder of Carolina States Regional Center, have...

Thanks for taking our survey; we heard you!

Our recent invitation to take a brief survey about University City Partners drew more than 100 participants and many useful responses. ”The survey was like a pulse check to make sure that what we are hearing in our meetings also represents the opinions of all of the...

University City Partners adds planning & development director

Tobe Holmes has joined University City Partners as its planning and development director. Holmes, formerly with Center City Partners, will oversee all UCP planning and development initiatives. At Center City Partners, Holmes managed economic and community development...

Meet our UNC Charlotte interns

One benefit of having UNC Charlotte nearby is the amazing wealth of student interns. We landed three of the best this semester: Meredith Avant (Communications with PR concentration), Miguel Avila (Economics with innovation focus), and Charles Trowell (Architecture...