Round Rock Texas Banner
Share to Facebook Share to Twitter Bookmark and Share
File #: 2020-0101   
Type: Resolution Status: Approved
File created: 4/6/2020 In control: City Council
On agenda: 4/23/2020 Final action: 4/23/2020
Title: Consider a resolution authorizing the Mayor to execute an Advance Funding Agreement Amendment #1 with the Texas Department of Transportation for the Railroad Crossing Quiet Zones Project.
Attachments: 1. Resolution, 2. Exhibit A

Title

Consider a resolution authorizing the Mayor to execute an Advance Funding Agreement Amendment #1 with the Texas Department of Transportation for the Railroad Crossing Quiet Zones Project.

 

Body

The City has entered into an Advanced Funding Agreement with TxDOT for some partial payments for the Quiet Zone Project with Union Pacific Rail Road.  The original agreement was in 2011.

 

That AFA has been amended to update costs related to the construction and design of the project and the terms and conditions are set forth in the amended AFA. This amendment adds $847,730.00 to the AFA for a total amount of $1,300,000.00.

 

This agreement needs to be executed in order for our reimbursements to continue from the State of Texas.