HomeMy WebLinkAboutResolution No. 99-16 ORIGINAL
CITY OF THE COLONY, TEXAS
RESOLUTION NO. 99-1t;
A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF THE COLONY, TEXAS SUPPORTING
THE USE OF THE STATE INFRASTRUCTURE
BANK (SIB) TO EXPEDITE THE DEVELOPMENT
OF STATE HIGHWAY (SH) 121 MAIN LANES
FROM DENTON/COLLIN COUNTY LINE TO
DALLAS FORT WORTH (D/FW)
INTERNATIONAL AIRPORT
WHEREAS, the City of The Colony, in conjunction with Denton County
and the SH 121 Task Force has worked diligently and in collaboration with the
Texas Department of Transportation since l~185 to create an East-West
thoroughfare linking traffic from one of the State's fastest growing regions to the
Dallas/Fort Worth International Airport; and
WHEREAS, the constituent members of the SH 121 Task Force have
expended significant effort and financial resources to acquire approximately
Thirty Million Dollars ($30,000,000) of right-of-way and to conduct various
analyses, plans and studies; and
WHEREAS, the Intermodal Transportation Efficiency Act of 1991 and
the Transportation Equity Act for the 21 st Century authorized and funded the
establishment of the State Infrastructure Bank; and
WHEREAS, the State Infrastructure Bank was established to advance the
development and construction of critical roadways of regional significance; and
WHEREAS, the City of The Colony prefers the freeway option over the
development of SH 121 as a toll facility and is willing to provide funding to offset
a portion of the cost to Denton County; and
WHEREAS, any further delay in the construction of the SH 121 Bypass
main lanes will only serve to exacerbate the negative effects of regional hyper-
growth and congestion while hampering the clear opportunity to reap the full
benefits of economic development.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL
OF THE CITY OF THE COLONY, TEXAS:
That the City o£ The Colony strongly supports and encourages the Denton
County commissioners Court to proceed with the SIB application in a manner
which results in approval and completion o£the entire SIB application process by
December 30, 1999; and
AND BE IT FURTHER RESOLVED:
That the City of The Colony supports the expedited development of SH 121 main
lanes through the use of the State Infrastructure Bank loan process and encourages
the Texas Department of Transportation to take the necessary steps to ensure that
construction of SH 121 begins in 2004.
PASSED AND APPROVED by the City Council of the City of The
Colony, Texas this 16th day of August 1999.
ATTEST:
Patti A. Hicks, TRMC/CMC/AAE
City Secretary, City of The Colony, Texas
APPROVED AS TO FORM:
City Attorney, City of The Colony, Texas