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The South Fulton City Council unanimously approved the agreement Tuesday, according to meeting minutes, after receiving a $1 million Local Maintenance and Improvement Grant from the state.
The deal the cities inked says South Fulton will hire a contractor to do the work for no more than $250,046.80 — with Union City to pay 65%, or $162,530.42, of the tab.
The investment was “long overdue” and needed considering how much the area is booming, South Fulton City Manager Odie Donald II said in a news release.
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Fairburn and the South Fulton Community Improvement District agreed in February to spend $1.47 million building a park and ride lot in hopes of eventually getting a MARTA bus stop to help get people to work.
Eugene James, a senior director with real estate data firm MetroStudy, previously said data shows that home prices in the southern part of Fulton County had a 19 percent increase from the fourth quarter of 2017 to the fourth quarter of 2018.
“As South Fulton continues to grow, it is critical that we invest in our transportation infrastructure,” said Donald.
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