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Contract - Round Rock Transportation & Economic Development Corporation - 2/24/2022 SECTION I-Applicant Information Applicant Name: Round Rock Transportation&EDC Application Type:PC-Non-TxDOT Project(Off-System) .....................w__________- 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 11................... .................................... Zip: 78664 Urbanized Area: ........................................ TxDOT District:AUS-14-Austin ................. TxDOT District Engineer: Phone Number: Tucker Ferguson 511832.7000 ........................ .......... .............. ................---------------- TxDOT District Contact Name: Phone Number: Same Same ------------..... Financial Advisor Information,if applicable: Name: Garry Kimball, Specialized Public Finance,Inc. Phone. 512.2751301 ........................... Address.. 248 Addle Roy Rd.,Ste.8.-163,Austin 78746 Email: garry@spfmuni.com .......... I'll,............... .......... Bond Counsel Information,if applicable: Name: Richard Donoghue,McCall Parkhurt&Horton Phone. 512,478.3805 ........... ............... - Address: 600 Congress Ave.,Ste.2150,Austin 78701 Email: rdonoghue@mphlegal.com ..............._......... ............... SECTION 11-Financial Information Requested amount of financial assistance(must be rounded to the nearest thousand): $27,000,000 at approximately 1.32%. Three year grace on initiation of repayment. Zero interest for(3)years from funding. Requested terms: Years: 20 Deferment of first payment: [_-] No Yes,number of years: 3 Preferred debt service payment date(s): Yes: August 15 February_5------------------------ ❑ No,start from disbursement Preferred&sbursernent date(s): TBD 11111.......... ------------- Breakdown of use of funds(must equal application amount): 777, WAmount, ............. ............... .......... i Roadway Construction $21,886,100,00 ---------- ----------------------------------- 1 ROW Acquisition $24500,000.00 i Utility Relocation $2,500,000,00 --------------------------------— ------ Financial Advisory Fees $113,9=00 ---------------------------------- --------- ------------------------------------ ------- -------------------------------- -------------- ----------------------------— -------------------------_ ---------- ------------------------- --------------- --------------------------------................. ----------------------- 'Tota S 2 7,000,000.00 -------------------- Proposed pledge of source of repayment and priority claim to those sources: Sales Tax of the City's Type B Transportation&Economic 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,'lexas is rated AAA by Standard&Poor's. .......................... Provide thea pplicant's legal authority to incur the proposed debt and the borrower's proposed pledge of source of repayment: Chapters 501 &505Texas Local Government Code. ....................................... .................I............................... SECTION III-Project Information Brief Description of the Project: Widen Gattis School Rd from an existing 4-lane roadway to a 6-lane divided major arterial between Windy Creek&Double Creek. .................................... __________________________. Total Cost of Entire Project:(i.e.right of way,construction,utilities,etc.) The attached cost estimate is for right-of-way costs,utility relocation,and construction,$27,000,000.00 _1.................. ....................... -—----------------------- .................. CSJ Number(s): ................... Is the project in the Statewide Transportation Improvement Program(STIP)? If no,when will it be added orprovidejustification for not adding �Yes ZNo Is the project environmentally cleared? ®Yes [`]NO Anticipated Clearance Functional Classification: Minor Arterial ---------- Is the requested financial assistance a local match?If yes,is it required or voluntary? E] Yes: . .................. IZ No Is the project joint bid? []Y&s NNo Describe need and anticipated public benefits of the project: Widening of a highly congested major east-west arterial roadway is on the City's Transportation Master Plan. ---------------- -----------_...............-—------------------------------- ............... What type of construction contract will be used on the project(DB,DBB,etc.)? Standard Design Bid Build Contract. .............. Additional Information(Attach additional pages if needed): Anticipated to reduce congestion and improve mobility for Round Rock travelers. SECTION I -Required Documentation Does entity have home rule charter?If Yes,phase submit a copy of the charter,or provide link if a charter is posted online. ® Yes ..... No List of all other outstanding financial agreements with TX DOT,for example toll equity,SIB loans,pass-through tolls,etc. (Please attach documentation) Please submit the following documents with your application,if applicable. Copy of Advanced Funding Agreement,Utility Relocation or other agreement with TxDOT,if applicable Bond rating letters from oody's,Standard&Poor's,or Fitch,if any. iq utlon from governing board authorizing the application. 5 years of audited financial statements related to the source of repayment. Copy of the most recent budget, ( Preliminary design study which 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,r2t5& t: q .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; I have the authority to request and incur the debt described in this application,and upon award,will enter into contract for repayment of any financial assistance granted by the Texas Department of Transportation's State infrastructure Bank(SIB). I have completed the preliminary requirements,and will comply with all applicable state and federal regulations and requirements. To the best of my knowledge,all information contained in this application is valid and accurate and the governing body of the undersigned juris iction has authorized the submission of this application. 2"24/2022 W, u ........................... Signature of uth rued oaf ,i ` Da to Craig Morgan President-Type B Corporation Printed Name Title,Jurisdiction The Taxis Department of Transportation.. �,. �, �� rm ...... .......n maintains the information coNected through this form with few exceptions you are entitled on request to be informed about the Wormation that we collect about you Under Sections 552,021 and 552.(M of the Government Reade,you also are entitled to receive and review this information.Under Section 559.004 of the Govemment Code„you are also entitled to have us correct information about you that is moomect