TRANSPORTATION
Borrowing, stimulus boost TxDOT road plans
Agency expects a record $5.9 billion in construction and maintenance spending in coming fiscal year.
By Ben Wear
AMERICAN-STATESMAN STAFF
Thursday, July 30, 2009
The rags-to-riches-to-rags trajectory of state highway spending is about to zag upward again, officials said Wednesday, thanks to a cobbling together of federal stimulus funds, massive new borrowing and some help from the Legislature this spring
TxDOT has reaffirmed its commitment to spend about $200 million to complete the Interstate 35/Ben White Boulevard interchange by adding four flyover bridges and also to widen Texas 195 from north of Georgetown to the Bell County line. A contract for the I-35 project should be awarded in October, said Carlos Lopez, TxDOT's Austin district engineer, and the Texas 195 work is expected to occur in 2010 and 2011.
The Central Texas Regional Mobility Authority is expecting to receive $90 million in stimulus funds and expects an additional $31 million today when the Texas Transportation Commission acts on a state infrastructure bank loan, The authority would use the money to begin the U.S. 290 East tollway project in the coming months.
The area also has been promised another $95 million in stimulus funds for various road and rail projects.
The commission, taking advantage of what have been lower-than-expected contract bids, probably will approve seven more maintenance projects at its meeting today. The additional $6 million in stimulus-funded projects will be used to resurface highways from Llano to Austin to Caldwell County.
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