Discussions are being held in St Petersburg over the route for the city's new second ring road project. A preliminary route should be ready by late May 2011. The Coordination Council for development of the transport system of St Petersburg and Leningrad region is oversee construction of the second ring road (KAD-2). The construction schedule has yet to be revealed however, although it is expected that the road will be ready to carry traffic by 2020. Financing for the project has yet to be revealed and the road may be tolled, although private funding sources may also be used.