STRATEGIC PRIORITY: Transportation & Infrastructure
AGENDA DATE: May 10, 2023
COUNCIL DISTRICT(S):|910|DEPARTMENT: Department of Transportation
EXECUTIVE: Dr. Robert Perez
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SUBJECT
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Authorize the (1) acceptance of Regional Toll Revenue (RTR) Funds from the State of Texas, acting by and through the Texas Department of Transportation (TxDOT), for engineering to reroute the truck traffic and create a context sensitive design/road diet on Martin Luther King Jr. (MLK) Boulevard (Blvd) from State Highway 352 to Botham Jean Boulevard (Agreement No. CSJ 0918-47-375) in the amount of $500,000.00 as State participation from the State Highway 121 Subaccount for 100 percent of the project costs (no local participation required); (2) receipt and deposit of funds in the amount of $500,000.00 in the MLK Blvd TREC Project from SH352 - RTR Fund; (3) establishment of appropriations in the amount of $500,000.00 in the MLK Blvd TREC Project from SH352 - RTR Fund; (4) disbursement of funds in the amount of $500,000.00 from the MLK Blvd TREC Project from SH352 - RTR Fund; and (5) execution of the Advance Funding Agreement with TxDOT and all terms, conditions, and documents required by the agreement - Total amount of $500,000.00 - Financing: Texas Department of Transportation Grant Funds
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BACKGROUND
The State of Texas received RTR Funds from the North Texas Tollway Authority as surplus revenue from the State Highway (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 Regional Transportation Council (RTC), which is the transportation policy body of the North Central Texas Council of Governments and the federally designated metropolitan planning organization for ...
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