Posting Language
Title
Approve an ordinance authorizing negotiation and execution of an Advanced Funding Agreement with the Texas Department of Transportation for the design and construction of a boardwalk segment on the south bank of Lady Bird Lake, adjacent to the Hyatt Regency Hotel, to connect to the Ann and Roy Butler Hike and Bike Trail for a total estimated project cost of $25,000,000, plus any costs overruns; accepting $25,000,000 in state funds; and amending the Fiscal Year 2026-2027 Austin Parks and Recreation Capital Budget (Ordinance 20260812-007) to transfer in and appropriate $25,000,000 for the construction of this project. Funding: $25,000,000 is available from the Texas Department of Transportation. A funding match is not required. Related to Item #11.
De
Lead Department
Austin Parks and Recreation.
Fiscal Note
Funding in the amount of $25,000,000 is available from the Texas Department of Transportation. A funding match is not required. A fiscal note is attached.
For More Information:
Jesús Aguirre, Austin Parks and Recreation Director, 512-974-6716; Andrew Moore, Redevelopment Project Manager, Austin Financial Services, 512-974-7604.
Additional Backup Information:
Funding in the amount of $25,000,000 is available from the Texas Department of Transportation (TxDOT) via the Texas Mobility Fund. The Riverside Shores Boardwalk (Boardwalk) will be located between South First Avenue and South Congress Avenue, along the south shore of Lady Bird Lake.
Austin Parks and Recreation (APR) will enter into an agreement with the City of Austin Public Facilities Corporation (APFC) for the design and construction of the Boardwalk section. Austin Transportation and Public Works will be responsible for the maintenance of the Boardwalk infrastructure. The Trail Conservancy will be responsible for operations, general maintenance, and programming of the Boardwalk once complete.
The City will not be required to contribute additional funds beyond those currentl...
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