Title
Consider a resolution approving the action of the Round Rock Transportation and Economic Development Corporation in amending the Transportation Capital Improvement Program (TCIP).
Body
This amendment to the Transportation Capital Improvement Program (TCIP) includes a budget adjustment. The primary objective of this amendment is to increase/add additional funding for multiple projects. The items included in the amendment are the following:
1) Increase budgets for the following projects:
a) Increase the budget for Kenney Fort Boulevard Segments 5 & 6 (Old Settlers Boulevard to University Boulevard) by $10,000,000 for Right-of-Way acquisitions.
b) Increase the budget for Wyoming Springs Drive Extension (Old Settlers Boulevard to RM 1431) by $5,500,000 for Right-of-Way acquisitions.
This amendment to the TCIP budget results in an additional programming of Type B by $15,500,000.