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0 M, 15 irtt 31 <br />was held on August 2, 1993, in the Commissioners' Room of the County <br />Government Center in Sanford concerning the expenditures of said <br />funds. <br />WHEREAS, It is proposed to retain $19,252 of Secondary Road <br />Construction Funds and $14,110 of Secondary Road Trust Funds for a <br />total of $33,362 for small projects that may arise during the year <br />such as road additions, property owner participation projects, <br />volunteer fire department drives, county-wide surveys, overdrafts, <br />etc. <br />WHEREAS, The North Carolina Department of Transportation is <br />required to pave 2.08 miles in Lee County during the Fiscal Year <br />1993-94 in order to meet the goals of 1989 Highway Trust Fund <br />Legislation and, the 1993-94 Secondary Road Construction Program <br />proposes to pave 1.97 miles; and therefore, the remainder of funds <br />received in addition to $248,362 be utilized for paved secondary road <br />improvement projects, spot stabilization of unpaved secondary roads, <br />and additional paving of unpaved roads as far as funds will allow. <br />WHEREAS, It is proposed to utilize $140,000 of Secondary <br />Road Construction Funds to pave down the Rural Priority List as far <br />as possible under funding and right-of-way constraints. Initial <br />paving projects anticipated: <br />PRIORITY 603F - Grade, Drain, Base, Pave, and Erosion <br />Control <br />SR 1545 from SR 1547 to SR 1538 - 1.20 Mile Secondary <br />Road Construction Fund <br />Estimated Cost & Allocation - $140,000 <br />WHEREAS, It is proposed to utilize $75,000 of Secondary <br />Road Trust Funds to pave down the Subdivision Priority List as far as <br />possible under funding and right-of-way constraints. Initial paving <br />projects anticipated: <br />PRIORITY 603F - Survey, Right-of-Way Acquisition, <br />Grade, Drain, Base, Pave and Erosion Control <br />SR 1365 from SR 1007 to Dead End - .020 Mile <br />Secondary Road Trust Fund <br />Estimated Cost and Allocation - $20,000.00 <br />PRIORITY 604F - Survey, Right-of-Way Acquisition, <br />Grade, Drain, Base, Pave, and Erosion Control <br />SR 1131 from End of Pavement to Dead End 0.21 Mile <br />Secondary Road Trust Fund <br />Estimated Cost and Allocation - $25,000.00 <br />6` <br />2 <br />