Possible Exit 4A construction costs worry Derry officials
The councilors discussed Exit 4A and its potential cost to the town at the close of their regular meeting last Tuesday. They said estimated construction costs for the project have continued to spiral upward in recent years.
The project now stands at about $50 million, with the state having identified approximately $19 million in funding, said Peter Stamnas, a project manager with the New Hampshire Department of Transportation’s Bureau of Highway Design. The funds would come from a state gas tax increase, which would leave approximately $30 million for Derry and Londonderry to split, Stamnas said.
“It’s going to be an ongoing issue with Exit 4A,” said Phyllis Katsakiores. “The price now is astronomical ...”
Katsakiores, who served for some three decades in the state House of Representatives, said she remembers when the estimated cost of the overall project stood at just $5 million.
Even after the statement is issued, the Federal Highway Administration would still have to issue a record of decision as part of the National Environmental Protection Act, he said. Next would come the final design and construction plans, Stamnas said.
To update Derry on the widening and Exit 4A projects, the DOT is scheduled to give a presentation during the Town Council’s regular meeting on Tuesday, July 15. The meeting is at 7:30 p.m. in the third-floor meeting room of the Municipal Center.