HomeMy WebLinkAboutResolution 1886A Resolution l~~o~~~oH
IN SUPPORT OF A STUDY OF TOLL ROAD FINANCING
OF
ALL OR PORTIONS OF THE S.H.121 EXTENSION
FROM I.H.35W IN THE CITY OF FORT WORTH
TO U.S. 67 IN THE CITY OF CLEBURNE
WHEREAS, the City of Fort Worth and its citizens have repeatedly demonstrated their support for the
timely completion of the S.H. 121 Extension from I.H. 35W in Fort Worth, Texas to U.S. 67 in Cleburne, Texas
through resolutions and public testimony; and,
WHEREAS, public funding of major transportation projects continues to face significant obstacles; and,
WHEREAS, S.H. 121 will compete for fwtding with many other highly worthwhile transportation projects
throughout our State, and,
WHEREAS, there exists the potential for financing of all or some portion of the S.H. 121 Extension through
the use of toll road financing should the Texas Turnpike Authority determine the viability of such financing for this
project; and,
WHEREAS, the Federal Intermodal Surface Transportation and Efficiency Act of 1991 (ISTEA), allows
for toll road bond funds to be augmented with federal transportation fiu-de to build toll roads ender certain
conditions;
NOW THEREFORE BE TT RESOLVED, that the City Council of the City of Fort Worth does hereby
respectfully request that the Texas Turnpike Authority take such actions and conduct such studies ae may be required
to determine the viability of financing all or any portion of the S.H. 121 Extension from I.H. 35W in Fort Worth,
Texas to U.S. 67 in Cleburne, Texas with toll road bonds or with a combination of toll road bonds and federal
transportation funds; and,
BE TT FURTHER RESOLVED, that the City Council of the City of Fort Worth does hereby request that
the Texas Department of Transportation consider various project phases to expedite construction of the S.H. 121
Extension and assist the Texas Turnpike Authority in determining the feasibility of toll road fi or any
portion of the S.H. 121 Extension. ~f f Y ~®~lV1.~~~
IN WI'T'NESS WHEREOF, we have hereunto set our hand and caused the great seal of the City_~of Fort
Worth to be aflYxed this 9th day of February, 1993/ ,, F~~ 4 ~~9
Qut.aJ
Citq Sort~+tatp of tAae
Granger, Mayor _ j City of FazkWurth,Texase
Carlo sets, Council ember / / Jewel Woods, Council Member
Chuck Silcox, Council Member Willi$m Meadows, Council Member
Member
Mem
Webber, Council Member
Chappell,
CITY OF FORT WORTH