The council has identified some funding for a new bridge to replace Burnshot Bridge on the A90 with a new structure.
The old one was demolished in November 2017 as it had become unsafe.
If the council approves the £3 million which it will take to replace the bridge, then the rebuilding will proceed. It is likely to take up to two years.
Councillor Lesley Macinnes, Transport and Environment Convener, said: “I’m very pleased we’ve been able to allocate funding to replace Burnshot Bridge, which was and will be again a much-used route for vehicles as well as pedestrians and cyclists.
“I’d like to thank the local community and bridge users for their patience while this project is ongoing, and for their responses to our current consultation about proposals for the new structure. I have been in discussions with local ward councillors, and in particular Cllr Norman Work, to find a way forward. We have been working hard for many months to progress this project, and I am pleased that we can now move forward with it.
“All being well, we’d anticipate work starting on the new bridge in the autumn. We’ll endeavour to keep disruption to a minimum and will provide updates about the project in the run-up to work going ahead.”