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4B-R-98-02 - 5/14/1998 RESOLUTION 98-02 RESOLUTION APPROVING THE TRANSPORTATION CAPITAL IMPROVEMENT PROGRAM FOR THE ROUND ROCK TRANSPORTATION SYSTEM DEVELOPMENT CORPORATION WHEREAS, the bylaws of the Round Rock Transportation System Development Corporation ("RRTSDC") require that the Board of Directors ("Board" ) of the RRTSDC shall develop a combined Transportation Capital Improvement Program ("Program") , including maintenance and operation costs thereof, for the City of Round Rock, and WHEREAS, the Board of the RRTSDC has developed said Program and wishes to approve said Program, Now Therefore BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE ROUND ROCK l!; TRANSPORTATION SYSTEM DEVELOPMENT CORPORATION, That the Transportation Capital Improvement Program for the Round Rock Transportation System Development Corporation, attached hereto as Exhibit "A" , be 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, and the Act . RESOLVED this 14th day of May, 1998 . K:\WPDOCS\RESOLUTI\RRTSDC\9802.WPD/scg ROUND ROCK TRANSPORTATION SYSTEM DEVELOPMENT CORPORATION By: CHARLES CULPEP R, resident ATTEST: / • GAYLVMANBECK, Secretary C � 2 1998 TRANSPORTATION CAPI' AL IMPROVEMENTS PROGRAM ROUND ROCK TRANSPORTATION SYSTEM DEVELOPMENT CORPORATION TWO YEAR ELEMENT Project Name Project Limits Work Description Fiscal Projected Estimated Year in Contract Cost TCIP Award Greenlawn Extension I From Louis Henna Blvd Construct 4 lane divided arterial 1998 I July 1998 $ 3,500,000.00 To IH 35 Frontage Road Traffic Signal Coordination FM 1325/Louis Henna Construct and Implement 1998 June 1998 $ 40,000.00 McNeil/11135/RM 620 Coordinated Traffic Signal US 79 Systems IH 35 Turnarounds FM 1325/Louis Henna Construct Frontage Road 1999 October 1998 $ 3,100,000.00 Hester's Crossing Turnarounds TWO YEAR ELEMENT TOTAL $ 6,640,000.00 FIVE YEAR ELEMENT (To Be Determined After the Adoption of the Round Rock transportation Master Plan, Fall 1998) Created March 19, 1998 May 14,1998 Item No. 7 Adopting the Transportation Capital Improvement Program for the Transportation System Development Corporation. The Transportation Capital Improvement Plan is a two-year spending plan for improvements to major roads and arterials in the City.Funding for this plan is provided through the 1/2%sales tax established for the purpose of transportation improvements. •