Officials say the Centennial Corridor is under budget and is well on its way to completion and the city of Bakersfield says no bonds will be needed to finish it.
The Centennial Corridor project is four phases, eventually connecting the Westside Parkway to Highway 99.
In the city memo, credit is given to former Congressman Bill Thomas and his idea of creating a partnership between four entities to oversee the project — Bakersfield as the lead, Kern County, Kern Council of Governments and Caltrans.
The final phase of the project will construct the freeway mainline and the Highway 58 and Highway 99 connector ramps.
The city received a $50 million U.S. Department of Transportation grant that will eliminate the need for the city to borrow money to complete the project.
Construction of Phase 4 is expected to begin this summer.
The entire Centennial Corridor Project is expected to be finished in 2022.