Lee’s Summit Chamber of Commerce leaders are supporting a $10 million bond issue for improving the U.S. 50 and Missouri 291 South interchange.
The Chamber’s Board of Directors at its Feb. 19 meeting unanimously approved a resolution in support of bonds to be voted on during the April 8 election.
Question 1 asks the voters to allow the City to issue general obligation bonds in the amount of $10 million for the purpose of constructing road improvements and acquiring the necessary rights-of-way including improvements to the U.S. Highway 50 and Missouri Route 291 intersection and bridge system.
The Missouri Department of Transportation is to provide $8 million in cost-sharing for the project. The $16 million interchange redesign and reconstruction project will increase capacity, thereby reducing congestion and allowing pedestrian access.
It also provides better traffic flow, reducing accidents and provides greater access to nearly 300 acres of underutilized property encouraging private investment and the creation of jobs.
The current bridge is more than 50 years old and has received a “serious” rating by MoDOT. Bond funds will be used to leverage the remainder of the funds from MoDOT.
“Since 2008, the Chamber has advocated for this project, identifying it as a transportation priority,” said Carolyn McKnight, 2014 chair of the board. “With a ‘yes’ vote by the citizens of Lee’s Summit, we now have the opportunity to realize this goal, only after completing or securing funding for many other high priority road projects including, Todd George Road, Lee’s Summit Road, Tudor Road, Strother Road Interchange and extension.”
The Chamber of Commerce has joined with other community stakeholders in the effort to pass Question 1, including the Lee’s Summit Gateway Business Alliance, Downtown Lee’s Summit Main Street, Lee’s Summit Economic Development Council and Friends of Lee’s Summit.
“This bond issue will have a profound effect on the future of Lee’s Summit and we encourage all residents to make a special effort to get to the polls on April 8 and vote yes,” McKnight added.
More information about the M-291/50 Highway can be found at the City of Lee’s Summit’s website at cityofls.net/elections.