Powers Boulevard Right of Way Protection/Acquisition
Project Description: The City of Colorado Springs is using PPRTA funds to protect and acquire right-of-way along Powers Boulevard from Woodman Road to Highway 16 (Peaceful Valley Road) to ensure that future Powers Boulevard construction options are not eliminated due to continued development.
PPRTA funding: $6.1 Million
CDOT budgeted funding: approximately $6 Million
City Council approved an intergovernmental agreement (IGA) with CDOT on Feb. 13 or 2007 that defines the responsibilities of the City and CDOT in using PPRTA funding to acquire properties along Powers Boulevard. The IGA ensures that 1) RTA funds are spent in the most prudent manner to protect the capability to make future corridor improvements, 2) federal requirements for early property acquisition are met, and 3) property owners are fairly compensated. The IGA also gives priority to acquiring properties needed for the Steward Avenue interchange, located at the Airport Road entrance to the Peterson Air Force Base.
Timing of acquisitions depends on the availability of land and potential development. Survey work completed in 2006 totaled $98,829. As of January 2009, CDOT has acquired ten properties on the City?s behalf at a total cost of $5.5M. Most remaining acquisitions are expected to take place in early 2009 with priority being given to purchasing properties needed for the planned interchange at the intersection of Powers Boulevard and Stewart Avenue.