Contract - Texas State Infrastructure Bank - 2/11/2021SECTION I - Applicant Information
Applicant Name: City of Round Rock, Texas Application Type: Program Call Loan
Primary Contact: Erica Solis Taxpayer FEIN:
Contact's Title: Budget & Accounting Manager Email Address: esolis@roundrocktexas.gov
Street Address: 221 E. Main Street Phone Number: 512 218-5400
City: Round Rock County: Williamson
Zip: 78664 Urbanized Area:
TxDOT District: Austin - AUS - 14
TxDOT District Engineer: Phone Number:
Tucker Ferguson 512 832-7000
TxDOT DistrictContact Name: Phone Number:
Same Same
Financial Advisor Information, if applicable:
Name: Garry Kimball Specialized Public Finance, Inc -Phone: 512 275-7301
Address: 248 Addie Roy Rd, Ste. B-103, Austin 78746 Email: garry@spfmuni.com
Bond Counsel information, if applicable:
Name: Richard Donoghue, McCall Parkhurst & Horton Phone: 512 478-3805
Address: 600 Congress Ave, Ste 2150, Austin 78701 Email: rdonoghue@mphlegal.com
SECTION II - Financial Information
Requested amount of financial assistance:
$127825, 000
Requested terms: (including interest rate, number of years, etc.)
20-Year Term, 3-years zero interest followed by annual interest calculated at market for AAA credit (approx. 1.25%).
Preferred debt service payment date(s):
F-1 Yes: August 15; February 15 F-1 No
Preferred disbursementdate(s):
TBD
Breakdown of use of funds (must equal application amount):
Use Amount
Construction Funding (6 Lane Urban Roadway) $127747,000
Bond Counsel & Financial Advisory Fees $ 78,000
Total $12,825,000
R2o21-0 9'-F
Proposed pledge of source of repayment and priority claim to those sources:
Sales Taxes of the City's 4B Transportation Development Corporation
List any other existing debt payable from the same revenue source (Please attach documentation.)
Texas Municipal Report (attached)
Current credit rating(s), if applicable:
City of Round Rock, Texas is rated AAA by Standard & Poor's
Provide the applicant's legal authoritytoincur the proposed debt and the borrower's proposed pledge of source of repayment:
Chapters 501 & 505 Texas Local Government Code
SECTION III - Project Information
Brief Description of the Project:
Construct 6 lane urban segment of Kenney Fort Blvd from Joe DiMaggio Blvd north to Old Settlers Blvd
Total Cost of Entire Project: (i.e. right of way, construction, utilities, etc.)
Construction Funding (6 Lane Urban Roadway): $12,747,000
CSJ Nu m ber(s ):
Is the project joint bid?
Yes F�No
Energy Sector Corridor Roadway?
Yes F-]No
Direct or indirect effect on a Top 100 Congested Roadway?
Yes; Rank: F-] No
Functional Classification:
Is the requested financial assistance a local match? If yes, is it required or voluntary?
Yes: [-xl No
Describe need and anticipated public benefits of the project:
Major north/south arterial roadway in Transportation Master Plan. Will improve mobility in NE Round Rock
What type of construction contractwill be used on the project (DB, DBB, etc.)?
Standard Design Bid Build Contract
Additional Information (Attach additional pages if needed):
NA
SECTION IV - Required Documentation
Does entity have home rule charter? If Yes, please submit a copy of the charter, or provide link if a charter is posted online.
EZ Yes [] No
List of all otheroutstandingfinancial agreementswithTXDOT, forexampletoll equity, SIB loans, pass -through tolls, etc.
(Please attach documentation)
None.
Please submit the following documents with your application, if applicable.
❑ Copy of Advanced Funding Agreement, Utility Relocation or other agreement with TxDOT
❑x Bond rating letters from Moody's, Standard & Poor's, or Fitch, if any.
❑x Resolution from governing board authorizing the appl ication.
x] Financial feasibilit stud .
x0 5 years of audited financial statements related tothe source of repayment.
L7x ] Copy of the most recent budget.
❑ Preliminary design studywhich includes:
• An initial route and potential alignments.
• The project's logical termini and independent utility.
• The location of all right-of-way, facilities and equipment required to make the project functional.
• Revisions or changes to state highway system facilities necessitated by the project.
• An Environmental Review of the project if available.
• Legal or letter size map of the project.
All application information and materials can be submitted electronically to Texas SIB 4txdot,aAov or by mail to:
TxDOT Project Finance, Debt, and Strategic Contracts Division
State Infrastructure Bank (SIB)
125 East 11 th St.
Austin, TX 78701-2483
Section V -Acknowledgment and Certification
certify that:
have the authority to request and incur the debt described in this application, and upon award, will enter into contractfor
repayment of any financial assistance granted by the Texas Department of Transportation's State Infrastructure Bank (SIB).
have completed the preliminary requirements, andwill comply with all applicable stateandfederal regulations and
requirements.
To the best of my knowledge, all information contained inthis application isvalid and accurate and the governing bodyof the
undersignedjurisdictionhas authorized the submission ofthis application.
Signature ofa thorizePfficial Date
CVA ia MW44N MAVbg - G&v of ftAb F�_
Printdd Namb J Title, qurisdiction
The Texas Department of Transportation maintains the information collected through this form. Withfew exceptions, you are entitled on request to be informed about the
inf ormation that we collect about you. Under Sections 552.021 and 552.023 of the Government Code, you also are entitled to receive and review this information. Under
Section 559.004 of the Government Code, you are also entitled to have us correct irformation about you that is incorrect.
{
�'