Civic IQ
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Town of Rolesville Town Board Meeting Agenda Packet May 5 2026

Rolesville OKs Fowler Road Deal With Merit Development

approximately $472,000 in transportation development credits (reduced from approximately $632,000)Town of RolesvilleMERIT DEVELOPMENTMay 5, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

The Rolesville Board of Commissioners approved a roadway reimbursement agreement with Merit Development tied to the Fowler Road Extension project. Under the agreement, Merit will build a two-lane segment of a planned four-lane business parkway and donate additional right-of-way in exchange for roughly $472,000 in transportation development credits, reduced from an earlier estimate of $632,000.

Contract Details

Contract Amount

approximately $472,000 in transportation development credits (reduced from approximately $632,000)

Vendor

MERIT DEVELOPMENT

Agency

Town of Rolesville, NC

Contract Type

OTHER

Document Date

May 5, 2026

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