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AI- 5901   4. A. 6.    
Commissioners Court - Regular
Meeting Date: 12/17/2014  
TXDOT Funding Agreement - Harbor Bridge
Submitted By: Steve Waterman, Commissioners Court Admin
Department: Commissioners Court Admin  

Information
RECOMMENDATION
Discuss and consider adopting a resolution authorizing approval of a Local Project Advance Funding Agreement with the Texas Department of Transportation for Voluntary Local Government Contributions to Transportation Improvement Projects, specifically the US 181 Harbor Bridge Project.
BACKGROUND
DISCUSSION
The Harbor Bridge Project is moving forward with selection of the contractor to be awarded early 2015.  The Local contribution share of funding will be $100,000,000 with Nueces County's share being $12,000,000 spread over four years.  Under the Funding Agreement Nueces County will pay $3,000,000 due by December 31, 2015, $3,000,000 due by December 31, 2016, $3,000,000 due by December 31, 2017, and $3,000,000 due by December 31, 2018.

Budget Information
Information about available funds
Budgeted: Funds Available: Adjustment: Amount Available:
Unbudgeted: Funds NOT Available: Amendment:
Account Code(s) for Available Funds
1:
Fund Transfers

Attachments
Resolution - Harbor Bridge 1
Funding Agreement - Harbor Bridge (final)

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