TB-2020-005 - 7/23/2020 RESOLUTION NO. TB-2020-005
WHEREAS, the Round Rock Transportation and Economic Development Corporation
("RRTEDC")has previously adopted a Transportation Capital Improvement Program ("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 Program 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 23rd day of July, 2020.
By:
_ ZAI'
CRAIG DAORG, , President
Round Rock T ansportation and Economic
Development Corporation
ATTEST:
JO AN, Secretary
0112.20202;00449990
EXHIBIT
„A„
TCIP Amendment#43
New Projects
Project Name Cost Transaction Description
Bagdad Improvements 1,000,000 The Depot Townhomes
Greenlawn Boulevard Widening 7,500,000 The District
Total Budget for New TCIP Projects $ 8,500,000
Existing Projects - Significant Adjustments
Project Name Cost Transaction Description
Kenney Fort Segment 4 (9,819,700) Budget decrease due to Meritage Homes
contribution & lower estimated cost to construct
bridge north of US 79
Northeast Downtown Road Improvements 3,162,400 Budget increase to capture construction costs
Old Settlers Blvd (N Red Bud Ln to CR 110) 17,125,000 Budget increase to capture construction & right-
of-way costs
Total Significant Adjustments (net) $ 10,467,700
Total Type B Impact $ 18,967,700 *'
*** All of the above projects are Road CO Bond eligible. Road CO Bond funds will be spent first.