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North Fulton CID receives $1 million for Encore Parkway
by Staff
June 27, 2012 05:00 PM | 1441 views | 0 0 comments | 20 20 recommendations | email to a friend | print
Tad Leithead, Project Assistant Kristin Rome, Lynn Rainey, Board Chairman Kerry Armstrong, Governor Nathan Deal, Chief Executive Officer Brandon Beach, Lieutenant Governor Casey Cagle and  Chief Operating Officer Ann Hanlon.
Tad Leithead, Project Assistant Kristin Rome, Lynn Rainey, Board Chairman Kerry Armstrong, Governor Nathan Deal, Chief Executive Officer Brandon Beach, Lieutenant Governor Casey Cagle and Chief Operating Officer Ann Hanlon.
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Gov. Nathan Deal announced the approval of funding for 12 transportation infrastructure projects, Friday, totaling more than $8 million in grants and loans funded by the Georgia Transportation Infrastructure Bank.

The North Fulton Community Improvement District was given $1 million for improvements to Encore Parkway

The project will include the reconstruction of the Encore Parkway Bridge over Ga. 400 — widening to provide turn lanes, signal upgrades and signal timing, bicycle and pedestrian improvements, way finding, and connectivity to existing multi-use trails to match the NFCID overlay standards.

The 10 other CIDs awarded are Perimeter, Midtown, Atlanta, Gwinnett Village, Gwinnett Place, Buckhead, Evermore, Stone Mountain, Lilburn and Cumberland.

The GTIB program is a revolving infrastructure investment fund established in 2008 by Georgia legislators and administered by the State Road and Tollway Authority. Only community improvement districts are eligible for grant funding and CIDs and local and state government entities are eligible for loan funding.

“The GTIB program is a way for communities who are serious about investing in their infrastructure to apply for the help they need to complete or move their projects forward,” Governor Deal said in a statement.

SRTA manages the GTIB funds, as well as the grant and loan application review and selection process. Final approval is made by the SRTA board which is chaired by the governor.

“To date, the GTIB program has awarded approximately $20 million in grants and loans since the program’s inception which have helped fund projects with a total value of more than $100 million dollars,” SRTA Executive Director Dr. Gena Evans said.

“SRTA is committed to helping communities invest in mobility solutions that enhance quality of life and provide greater access for all Georgia citizens.”

Serving as a member of the SRTA Board, GDOT Commissioner Keith Golden applauds the 11 award recipients and supports the partnerships created through the GTIB program.

“In addition to providing financial support for local transportation improvements, the GTIB program has created vital partnerships with state and local governments and entities that work to keep people moving in Georgia,” Commissioner Golden said.

For more information on the GTIB program including grant and loan applications, guidelines, terms and loan interest rates visit the SRTA website at www.georgiatolls.com.
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