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7:31 AM Tue, Nov. 20th

City applies for Bank Street loan

Construction on a five-lane roadway on N.

Bank Street between Airway Avenue and Gordon Drive could begin as soon as the fall of 2004 if Kingman gets a construction loan approved.

City staff has prepared a loan application to be submitted to the Arizona Department of Transportation for the $2.2 million project.

Of that amount, $1,764,000 would come from federal highway funds through ADOT and the Western Arizona Council of Governments.

The reconstruction of the one-mile section would include curbs, five-foot wide sidewalks, an eight-foot gutter for drainage, boulevard lighting, new pavement and intersection improvements, Dennis Roberts, Kingman community development director, said.

Mayor Les Byram said speeding up the N.

Bank Street project would relieve traffic concerns from the Mohave County work on the Mohave Wash drainage project.

"Streets that now cross the wash north of Gordon Drive will be cul-de-sac," Byram said.

People will have to use either Willow or Bank to travel south of Gordon."

N.

Bank Street would provide a second major north-south route as an alternate to Stockton Hill Road and relieve some of the congestion Roberts said.

N.

Bank Street was half in Kingman and half in Mohave County prior to the city's recent annexation of the Shangri La area.

The annexation allowed the city to acquire the full right-of-way and federal funding to rebuild N.

Bank Street.

Roberts said intersection improvements would begin July 14 with the installation of a traffic signal at Airway Avenue and N.

Bank Street.

The city Public Works Department will begin installation of sewer and water lines between Gordon Drive and Airway Avenue late this year with completion expected early next year.

WACOG has approved funds for the project with funds for the first quarter mile available in 2003-4.

They skip a year and add funds for a quarter mile each year from 2005 to 2008.

Roberts said the city could save construction costs and inconvenience for motorists by building the full mile at one time.

The ADOT loan would make that possible with the city able to repay the $1,764,000 from WACOG money as it is received.

The city would be responsible for $436,000 of the loan plus $133,741 in interest payments.

The city funds would come from the annual allotment of Highway Users Funds (HURF) received from federal and state sources through ADOT.

No local tax money would be needed.

Roberts said the 1997 Kingman Area Transportation Study identified N.

Bank Street as a priority major collector street.

However, at that time a joint city-county project would have been required.

All the right-of-way has been acquired by the city and 30 percent of the planning and design is complete, Roberts said.

"This is a wonderful opportunity to get Bank done in one contract like we did Stockton Hill Road," Mayor Les Byram said.

The council voted 7-0 Monday to move ahead with the application for the loan.