Road Improvement Funds Coming to the Valley

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The second portion of Governor Robert Bentley's ATRIP (the Alabama Transportation Rehabilitation and Improvement Program) road funding plan was unveiled Monday afternoon in Madison.

Funding for ATRIP comes through the use of GARVEE bonds. GARVEE is the term commonly used to describe the Grant Anticipation Revenue Vehicles Bond Program.

Through the use of GARVEE bonds, Alabama is able to access future federal dollars now in order to pay for road and bridge projects that are needed immediately. With interest rates on municipal bonds at historic lows, the use of GARVEE bonds makes strong financial sense as the low cost of borrowing is generally lower than the rising cost of inflation in construction projects.

Here is a look at north Alabama roads that will see improvements :

Jackson County :
County Road 151 - Bridge work over Bryant Creek
Total Cost- $1,018,888.53

County Road 213 - Bridge work over Mud Creek
Total Cost - $1,786,218.69

County Road 44 - Bridge work over Dry Creek
Total Cost - $728,024.85

Madison County :
Winchester Road - Lane additions on Flint River Bridge
Total Cost- $8,414,341.00

Martin Road - Lane additions from Zierdt to Rideout Road
Total Cost - $12,000,000.00

Wall Triana Highway - Bridge work on Mill Creek
Total Cost - $566,744.30

County Line Road - Lane additions from Madison Blvd to US-72
Total Cost - $7,117,779.84

Marshall County :
Welcome Home Church Road - Bridge work on Slab Creek
Total Cost - $821,681.26

Morgan County :
Wilhite Road - Bridge work on Flint Creek
Total Cost - $900,000

Gordon Drive Overpass - Bridge work
Total Cost - $750,000.00