FALMOUTH — Unofficial results Tuesday night showed voters have backed spending up to $10.5 million to rebuild Route 100 in West Falmouth, 1,295 to 420, or just about a 3-1 margin.
The Maine Department of Transportation will put in up to $4 for the project, as it is a state-owned road. The town would borrow no more than $6 million and the remainder would be paid for with a portion of current and projected fund balances in the West Falmouth Crossing Tax Increment Financing District, which has been extended five years.
Total estimated debt service on the bond is nearly $7.2 million. The project would likely go out to bid in summer 2017, with construction likely beginning that fall and wrapping up in fall 2018.
Components of the redevelopment project include intersection improvements, adding bicycle lanes from the Portland city line to Libby Bridge, rebuilding the road from Leighton Road to Libby Bridge, adding stretches of continuous sidewalks, and improving street lighting.
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