Description
Title: Approve a resolution authorizing negotiation and execution of an advance funding agreement with the Texas Department of Transportation for the use of federal earmark funding from Congressman Gregorio Casar's Office in the amount of $4,116,279, as construction reimbursement for the Longhorn Dam Multimodal Improvements Fiscal Year 2024 Community Project, for a total estimated project cost of $6,185,729, with the City's share of the cost estimated to be $2,053,262 plus any cost overruns. Funding: $4,116,279 is available in the Capital Budget of Austin Transportation and Public Works; $2,053,262 f
Summary
The City of Austin is advancing the Longhorn Dam Multimodal Improvements Project, authorized by the Texas Transportation Commission, which will enhance infrastructure along Cesar Chavez Street and Red Bluff Road. This initiative, supported by a $4,116,279 federal earmark from Congressman Gregorio Casar's office, aims to construct a new urban trail and improve pedestrian safety through upgraded crossings and traffic signals. The total project cost is estimated at $6,185,729, with the city responsible for a 20% local match and any cost overruns, funded through the 2018 and 2020 Mobility Bonds. The project addresses safety concerns and aims to create a connected corridor that enhances access to parks and transit. Construction is expected to start in Summer