Mayor Richard Berry signed City funding legislation, approved a large grant application, and continued contacting state legislators regarding improvements to the Paseo Del Norte and I-25 interchange.
Albuquerque, NM— Today, in an all out effort to push forward much needed improvements to the Paseo Del Norte and I-25 interchange, Mayor Richard Berry signed City funding legislation, approved a large grant application, and continued contacting state legislators regarding this important project. At the request of the Mayor, the City Council recently passed a resolution that provides up to $50 million dollars in matching City funds for the project. The improvements, including the construction of a flyover and improved on/off ramps at the interchange are expected to cost $90 million dollars.
The Department of Municipal Development is actively pursuing funding for the Paseo Del Norte project as well. The City has applied for a $35 million dollar grant through the Federal TIGER (Transportation Investment Generating Economic Recovery) grant. The Metropolitan Transportation Board of MRCOG (Mid Region Council of Governments) also recently allocated five million dollars towards the project. This large-scale piece of infrastructure will take cooperation, leadership and funding from a number of sources in addition to the City, in order to take this project from the drawing board to reality.
"This is one of the most used interchanges in the State of New Mexico and the lack of critical infrastructure improvements negatively impacts traffic congestion, air quality, economic development and commuter's quality of life." said Mayor Berry. In the last year more than 150,000 vehicles per day drove through the Paseo Del Norte/I-25 interchange. That volume equates to 56 million vehicles per year. "The need is there, and the City of Albuquerque has certainly stepped-up to the plate with significant local funding, now we are asking the New Mexico legislature to join forces with Governor Martinez to identify this project as a statewide priority and set aside adequate state funding to get this project completed."
The City's share of funding for improvements to the Paseo Del Norte and I-25 interchange are part of Mayor Berry's ABQ:the Plan, a long-range plan to finance and construct critical infrastructure, economic development and quality of life projects in Albuquerque. No tax increases were initiated or proposed as part of the City's $50 million dollars in matching funds.
Voting in favor of this legislation were City Councilors Lewis, Winter, Harris, Jones and Cook.