R-2020-0196 - 7/23/2020RESOLUTION NO. R-2020-0196
WHEREAS, the Round Rock Transportation and Economic Development Corporation
("RRTEDC") has previously adopted a Transportation Capital Improvement Program ("TCIP"), and
WHEREAS, the RRTEDC wishes to amend said TCIP, and
WHEREAS, the bylaws of the RRTEDC require that said amendments to the TCIP be
approved by the City Council, and
WHEREAS, the City Council wishes to approve said amendments to the TCIP, Now
Therefore
BE IT RESOLVED BY THE COUNCIL OF THE CITY OF ROUND ROCK, TEXAS,
That the amendment to the Transportation Capital Improvement Program approved by the
Round Rock Transportation and Economic Development Corporation, which is attached hereto as
Exhibit "A", is hereby approved.
The City Council 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 5 51, Texas Government Code, as amended.
RESOLVED this 23rd day of July, 2020.
/"0/
CRAIG ORG ,Mayor
City of Round ock, Texas
ATTEST:
v'
SARA L. WHITE, City Clerk
0112..20202; 00450238
New Projects
EXHIBIT
«A„
TCIP Amendment #43
Project Name Cost Transaction Description
Bagdad Improvements 100000000 The Depot Townhornes
Greenlawn Boulevard Widening 7,500,000 The District
Total Budget for New TCIP Projects $----8,500YO00
Existing Projects - Significant Adjustments
- - ------ -- ---- -- ----- - - ----- --- - ---
Project Na,Me.Cost Transaction Description
Kenney Fort Segment 4
Northeast Downtown Road Improvements
Old Settlers Blvd (N Red Bud Ln to CR 110)
Total Significant Adjustments (net)
Total Type B Impact
(9,819,700) Budget decrease due to Meritage Homes
contribution & lower estimated cost to construct
bridge north of US 79
31162,400 Budget increase to capture construction costs
179125,000 Budget increase to capture construction & right-
of-way costs
$ 10467700
$ 1899679700 ***
*** All of the above projects are Road CO Bond eligible. Road CO Bond funds will be spent first.