Town moves cash to pay for project - The Explorer: Pima Pinal

Town moves cash to pay for project

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Posted: Tuesday, March 31, 2009 11:00 pm | Updated: 1:35 pm, Mon Apr 18, 2011.

To get the Twin Peaks interchange bidding process back on track, Marana will draw $10 million from its Camino de Mañana project.

The bid award was delayed when the Arizona Department of Transportation insisted that $15 million be deposited in an account first and the Regional Transportation Authority — a funder of the project — refused.

ADOT requires cash on hand before a bid can be awarded, and the RTA has a policy to reimburse rather than giving money upfront.

To put the necessary money in the account, the town is drawing $5 million in impact fee money that had already been earmarked for the project and $10 million designated for the Camino de Mañana project, which is closely related to the Twin Peaks interchange project and should be completed at about the same time.

Bids for the Twin Peaks project came in lower than town-hired engineers had projected. Town officials attribute that to the downturn in the construction market.

A Phoenix firm has proposed doing the Twin Peaks project for an estimated $50 million.

The project aims to provide an easier way for residents to get from Interstate 10 to Dove Mountain.

It should physically unite the growing Dove Mountain community with Continental Ranch, and provide easier access to Interstate 10. It would connect to upcoming widening and roadway improvements of Camino de Mañana, realigning the roadway north to the intersection of Tangerine Road and Dove Mountain Boulevard.

Note: Altered from a previous version.

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