STRATEGIC PRIORITY: Sustainable
AGENDA DATE: May 28, 2025
COUNCIL DISTRICT(S): 6, 10, 11, 13
DEPARTMENT: Department of Transportation and Public Works
EXECUTIVE: Dev Rastogi
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SUBJECT
Title
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)
Body
BACKGROUND
The State of Texas received Regional Toll Revenue (RTR) Funds from the North Texas Tollway Authority as surplus revenue from the SH 121 toll project. Pursuant to Transportation Code, 228.006, the State of Texas shall authorize the use of surplus revenue from a toll project for transportation projects, highway projects, or air quality projects within the TxDOT district in which any part of the toll project is located. The North Central ...
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