File #:
|
25-1804A
Version:
1
|
Name:
|
|
Type:
|
BRIEFING ITEMS
|
Status:
|
Agenda Ready
|
On agenda:
|
5/19/2025
|
Final action:
|
|
Title:
|
Department of Transportation and Public Works: Authorize the (1) acceptance of a grant from the State of Texas through the Texas Department of Transportation (TxDOT) for the Regional Toll Revenue (RTR) State Highway (SH) 121 toll project (Agreement No. CSJ 0918-00-407) in the amount of $4,630,909.00 as State contribution from the SH 121 Subaccount toward the total project cost of $5,788,636.00, which includes $1,157,727.00 as local participation for a traffic signal construction project to construct 12 traffic signals at various locations in the city of Dallas (list attached to Agenda Information Sheet) for the period from execution of the agreement through April 30, 2028; (2) establishment of appropriations in the amount of $4,630,909.00 in the TxDOT Dallas Traffic Signals 12 Locations Grant Fund; (3) receipt and deposit of funds in the amount of $4,630,909.00 in the TxDOT Dallas Traffic Signals 12 Locations Grant Fund; (4) required local match in the amount of $1,157,727.00; and (5) ...
|
title
Department of Transportation and Public Works: Authorize the (1) acceptance of a grant from the State of Texas through the Texas Department of Transportation (TxDOT) for the Regional Toll Revenue (RTR) State Highway (SH) 121 toll project (Agreement No. CSJ 0918-00-407) in the amount of $4,630,909.00 as State contribution from the SH 121 Subaccount toward the total project cost of $5,788,636.00, which includes $1,157,727.00 as local participation for a traffic signal construction project to construct 12 traffic signals at various locations in the city of Dallas (list attached to Agenda Information Sheet) for the period from execution of the agreement through April 30, 2028; (2) establishment of appropriations in the amount of $4,630,909.00 in the TxDOT Dallas Traffic Signals 12 Locations Grant Fund; (3) receipt and deposit of funds in the amount of $4,630,909.00 in the TxDOT Dallas Traffic Signals 12 Locations Grant Fund; (4) required local match in the amount of $1,157,727.00; and (5) execution of the Advance Funding Agreement with TxDOT and all terms, conditions, and documents required by the agreement - Total amount of $5,788,636.00 - Financing: TxDOT Dallas Traffic Signals 12 Locations Grant Fund ($4,630,909.00) and Street and Transportation (A) Fund (2017 General Obligation Bond Fund) ($1,157,727.00)
|