Is the cost of the parking garage built into the fiscal analysis? Does the cost of the garage center affect the fiscal benefit to the Town?
The cost of the garage was not included within the fiscal analysis because the Town has made no commitment to assist in the construction financing of the parking facilities. The garage will be built with state and federal grant monies that have been already committed. The Town and Partnership will continue to evaluate the projected parking revenues and costs of the parking garage. Revenues are expected to cover expenditures with no impact on the General Fund of the Town. ~ Back to top Storrs Road 48. Summarize the plans for Storrs Road and how traffic problems will be dealt with in the project. Methods proposed for improvement of Storrs Road include the realignment and partitioning of the pavement area to accommodate the addition of dedicated and clearly defined turning lanes. Modifications to the intersection at Storrs Road and South Eagleville Road and the intersection of Storrs Road and Bolton Road will improve the traffic flow. The South Eagleville intersection will be modified to