2018-5417 - 4/26/2018 RESOLUTION NO. 2018-5417
WHEREAS, the Round Rock Transportation and Economic Development Corporation
("RRTEDC") has previously adopted a Transportation Capital Improvement Plan ("TCIP"), and
WHEREAS, the Board wishes to amend said TCIP,Now Therefore
BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE ROUND ROCK
TRANSPORTATION AND ECONOMIC DEVELOPMENT CORPORATION,
That the amended Transportation Capital Improvement Plan for the Round Rock
Transportation and Economic Development Corporation, attached hereto as Exhibit "A", is hereby
approved.
The Board of Directors hereby finds and declares that written notice of the date, hour, place and
subject of the meeting at which this Resolution was adopted was posted and that such meeting was
open to the public as required by law at all times during which this Resolution and the subject matter
hereof were discussed, considered and formally acted upon, all as required by the Open Meetings Act,
Chapter 551, Texas Government Code, as amended.
RESOLVED this 26th day of April, 2018.
By:
WILL PECKHAM, Vice President
Round Rock Transportation and Economic
Development Corporation
ATT T:
r
JON SLOAN, Secretary
0112.1804;00399504
EXHIBIT
«A„
TCIP Amendment#40
Project Name Cost Transaction Description
RM620 $ 2,000,000 $2M that will not be returning to Type B
Street Maintenance 450,000 Transferred from Creek Bend Project
Creek Bend (450,000) Project savings reallocated to Street Maintenance projects
Logan Bridge(West of A.W.Grimes) 210,000 Transferred from Mays Extension for engineering costs
Mays/Rabbit Hill-formerly Oakmont (210,000) Project savings reallocated to Logan Bridge for engineering costs
RM620 4,953,320 Transfer from University temporarily
University Widening (4,953,320) Transfer to RM620 for right of way acquisitions
Texas Avenue 98,000 Transfer from University temporarily to fund construction contract for Texas Avenue
University Widening (98,000) Transfer to Texas Avenue for construction contract
Landscaping Projects 32,000 Transfer from University temporarily to fund construction contract change order#2
University Widening (32,000) Transfer to Landscaping Projects temporarily to fund construction contract change order#2
Bottleneck Projects 116,110 Developer contribution for arterials being applied;no impact on Type B at this time
Bottleneck Projects (116,110) Developer contribution for arterials being applied;no impact on Type B at this time
Gattis School Segment 3 618,037 Transfer from Mays Extension for engineering costs
Mays/Rabbit Hill(Extension to Georgetown) (618,037) Transfer to Gattis School Segment 3 for engineering costs
North Mays Street Extension Phase 2 3,400,000 Transfer from University temporarily
University Widening (3,400,000) Transfer to North Mays Street Extension Phase 2 Project
RM620 1,218,738 Transferred from projects savings
3406 (193,041) Project savings reallocated to RM620
Road Consulting (40,090) Project savings reallocated to RM620
Gattis School Widening (500,000) Project savings reallocated to RM620
Mays/Rabbit Hill(Extension to Georgetown) (281,908) Project savings reallocated to RM620
FM 1460 North (203,700) Project savings reallocated to RM620
RM620 2,300,000 Pending estimated costs for right-of-way acquisitions
Type B Funds Needed $ 4,300,000
Pending RM620 Reimbursables
From WlCo for Project Participation 1,000,000
Estimated TxDOT Reimbursements 7,305,751
Projected reimbursements for RM620 8,305,751
Net Type B surplus(deficit) $ 4,005,751
Z:\CIP\4B\TCIP Amendments\TCIP#40\TCIP#40_Pending_041918TCIP#40—April 2018 4/19/2018