Minutes - Regular Meeting - 11/8/2007 NOVEMBER 8, 2007
The Round Rock Transportation System Development Corporation met at 6:30 p.m.
on November 8, 2007 in the City Council Chamber, 221 E. Main Street, Round Rock, Texas.
ROLL CALL: Those Boardmembers present were Nyle Maxwell, Joe Clifford, Alan
McGraw, Laurie McAnally, Susan Moss, Mike Robinson, and James Kratz. Also present were
Jim Nuse, City Manager, Assistant City Manager David Kautz, Steve Sheets, City Attorney,
and Finance Director Cindy Demers.
CITIZENS COMMUNICATION: None
APPROVAL OF MINUTES: Mav 24, 2007
MOTION: Boardmember McGraw moved to approve the minutes as presented.
'Boardmember Robinson seconded the motion.
VOTE: Ayes: Boardmember Kratz
Boardmember McGraw
Boardmember Clifford
Boardmember McAnally
Boardmember Moss
Boardmember Robinson
Boardmember Maxwell
Nays: None
ACTION: The motion carried unanimously.
CITIZENS COMMUNICATION: None V
PRESENTATIONS:
5A. Consider a presentation concerning the Transportation Capital Improvement
Program (TCIP) quarterly report.. Tom Martin, Transportation Services Directior made the
staff presentation. The TCIP is a multi-year spending plan for improvements to major roads
and arterials in the City. Funding for this plan is provided through the1/2aent sales tax
established for the purpose of transportation system improvements that support economic
development. Mr. Martin outline the accomplishments, activities, and potential changes in
activities as it may relate to transportation system improvements for this quarter.
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NOVEMBER 8, 2007
PUBLIC HEARINGS:
6A. Consider public testimony to amend the Transportation Capital Improvement
Program (TCIP) to adjust funding for future proiects. Tom Martin, Transportation Services
Director made the staff presentation. The TCIP is a multi-year spending plan for
improvements to major roads and arterials in the City. ,Funding for this plan is provided
through the1/zcent sales tax established for the purpose of transportation system
improvements that support economic development. Mr. Martin outlined the following
amendments to the TCIP:
1. Provide funding for Arterial M (Mays/Oakmont) extension in the amount of $3.55 million.
The funds are required to fully fund design, right-of-way acquisition, utility relocation,
and construction. The project limits are Old Settlers Boulevard to Jeffrey Way.
2. Provide funding for Wyoming Springsimprovements in the amount of $3.4 million. At
the request of the City, Williamson County allocated $3.0 million of their 2006 Road and
Parks Bond Issue for the construction of Wyoming Springs between RM 620 and
Brightwater Boulevard. This project will construct the remaining two lanes of the
proposed MAD 4 andincludes paving, curb, gutter, drainage and other associated
appurtenances. This project will include a pedestrian crossing facility for students
attending Fern Bluff Elementary School. The project limits are RM 620 to Brightwater
Boulevard.
3. Provide funding for the US 79 Gap project in the amount of $550,000.00. These funds.
will be used for right-of-way acquisition.
4. Provide additional funding for the Old Settlers Boulevard (Kiphen Road) Project in the
amount of $411,792 for right-of-way expenses. The project limits are FM 1460 to Red
Bud Lane (CR 122). _
5. Reduce funding for SH 45 by $3,941,589.00 for project close out.
6. Reduce funding for Red Bud Lane (CR 122 Phase 3) by $300,000 for project closeout.
7. Reduce funding for the Forest Creek Project by $59,698.00 for project close out..
8. Reduce funding for the Greenlawn project by $18,203.00 for project close out.
9. Reduce funding for Red Bud Lane, (CR 122 Phase 1 & 2) by $33,891.00 for project close
out.
President Maxwell opened the public hearing. There being no testimony, the public
hearing was closed.
RESOLUTIONS:
7A. Consider a resolution approving an amendment to the Transportation Capital
Improvement Program (TCIP) to adjust funding for existing and proposed projects. Tom
Martin, Transportation Services Department made the staff presenation for this item during
the public,hearing held earlier in this meeting. This resolution adopts the amendments
outlined during the public hearing.
RESOLUTION NO.
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NOVEMBER 8, 2007
WHEREAS, the Round Rock Transportation System Development Corporation
("RRTSDC") has previously adopted a Transportation Capital Improvement Plan ("Plan"),
and
WHEREAS, the RRTSDC wishes to amend said Plan, Now Therefore
BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE ROUND ROCK
TRANSPORTATION SYSTEM DEVELOPMENT CORPORATION,
That the amendment to the Transportation Capital Improvement Plan for the Round
Rock Transportation System Development Corporation, attached hereto as Exhibit "A", is
hereby approved.
The Board of Directors herebyfinds and declaresthat 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 8th day of November, 2007.
MOTION: Boardmember McGraw moved to approve the resolution. Boardmember
Moss seconded the motion.
VOTE: Ayes: Boardmember Kratz
•
Boardmember McGraw
Boardmember Clifford
Boardmember McAnally
Boardmember Moss
Boardmember Robinson
Boardmember Maxwell
Nays: None
ACTION: The motion carried unanimously.
7B. Consider a resolution approving the Operating Budget for the Round Rock for
FY 2007 - 2008. Cindy Demers, Finance Director made the staff presentation. This budget
provides funding for debt service and administrative, financial, legal and engineering
services to the Corporation. The budget is funded from a1/2/o sales tax established for the
purposes of providing transportation improvements. The Corporation oversees those
improvements with the further approval of the City Council. Ms. Demers outlined the
budget.
RESOLUTION NO.
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NOVEMBER 8, 2007
RESOLUTION ADOPTING THE 2007-2008 OPERATING BUDGET FOR THE ROUND
ROCK TRANSPORTATION SYSTEM DEVELOPMENT CORPORATION
WHEREAS, the Board of Directors of the Round Rock Transportation System
Development Corporation wishes to adopt an operating budget for fiscal year 2007-2008 in
accordance with the attached proposal, Now Therefore
BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE ROUND ROCK
TRANSPORTATION SYSTEM DEVELOPMENT CORPORATION,
That the operating budget for fiscal year 2007-2008 be adopted as set forth in
Exhibit "A" attached hereto and incorporated herein for all purposes.
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 8th day of November, 2007.
MOTION Boardmember Clifford moved to approve the resolution. Boardmember
Kratz seconded the motion.
VOTE: Ayes: Boardmember Kratz
Boardmember McGraw
Boardmember Clifford.
Boardmember McAnally
Boardmember Moss
Boardmember Robinson _
Boardmember Maxwell
Nays: None
ACTION: The motion carried unanimously.
7C. Consider a resolution authorizing the President of the Round Rock
Transportation System Developmnet Corporation to execute a State Infrastructure Bank
Loan Agreement with the State of Texas for the imporvements in the Resters Crossing area.
Cindy Deniers, Finance Director made the staff presentation. Round Rock made an
application to the State Infrastructure Bank (SIB) for a loan not to exceed $16 million for
the improvements in the Hester's Crossing area. The State will provide funding for actual
project costs and for the construction projects in the Hester's Crossing area including a
collector-distributor, modifications to the eastern intersection at Dell Way, reconstruction of
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NOVEMBER 8, 2007
the existing bridge and other ancillary items in the City. The terms of the loans are as
follows: 4.2% per annum to maturity, 15 yearamortization with equal annual principal and
interest payments, no debt service reserve requirement, 'subordinate lien position, no
additional bonds test. This loan will be repaid from they2% sales tax dedicated to
transportation improvements.
RESOLUTION NO.
WHEREAS, the Board of Directors of the Round Rock Transportation System
Development Corporation ("RRTSDC") wishes to enter into a State Infrastructure Bank Loan
Agreement with the State of Texas for the improvements in the Hesters Crossing area, Now
Therefore
BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE ROUND ROCK
TRANSPORTATION SYSTEM DEVELOPMENT CORPORATION,
That the President is hereby authorized and directed to execute on behalf of the
Corporation a State Infrastructure Bank Loan Agreement with the State of Texas to borrow
up to $16,000,000 for the improvements in the Hesters Crossing area.
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 8th day of November, 2007.
MOTION: Vice-Presient McGraw moved to approve the resolution. Boardmember
Clifford seconded the motion.
VOTE: Ayes: Boardmember Kratz
Boardmember McGraw
Boardmember Clifford
Boardmember McAnally
Boardmember Moss
Boardmember Robinson
Boardmember Maxwell
•
Nays: None
ACTION: The motion carried unanimously.
ADJOURNMENT:
There being no further business, the meeting adjourned at 6:44 p.m.
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NOVEMBER 8, 2007
Respectfully submitted,
Sara White, City Secretary
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