Title
Consider a resolution approving a proposed amendment to the Transportation Capital Improvements Program (TCIP) to increase funding for the following three projects: County Road 112 Widening, Chisholm Trail South, and Gattis School Road Segment 6.
Body
Amendment #53 to the Transportation Capital Improvement Program (TCIP) includes a budget adjustment and determining the projects listed in the TCIP meet the requirements for a project pursuant to the Local Government Code. The primary objective of this amendment is to increase or add additional funding for multiple projects. The items included in the amendment are the following:
1) Increase budget for the following projects:
a) Increase the budget for County Road 112 Widening (AW Grimes to CR 110) by $19,000,000 for Construction & Contingency.
b) Increase the budget for Chisholm Trail South (Sam Bass to Brushy Creek) by $5,500,000 for Construction & Contingency.
c) Increase the budget for Gattis School Road Segment 6 (Via Sonoma to Red Bud) by $3,000,000 for Construction & Contingency.
This amendment to the TCIP budget results in an additional programming of Type B $27,500,000.