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File #: 24-4326   
Type: Consent Status: Agenda Ready
File created: 3/13/2024 In control: City Council Addendum Agenda
On agenda: 3/21/2024 Final action:
Title: Approve a resolution authorizing the City Manager to submit an application for financial assistance from the State Infrastructure Bank for the I-35 Cap and Stitch Program in an amount not to exceed $191,000,000.
Attachments: 1. Exhibit A, 2. Exhibit B, 3. Draft Resolution, 4. Exhibit A to the Resolution, 5. Recommendation for Action
Date Action ByActionAction DetailsMeeting Details
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Posting Language
Title
Approve a resolution authorizing the City Manager to submit an application for financial assistance from the State Infrastructure Bank for the I-35 Cap and Stitch Program in an amount not to exceed $191,000,000.
De
Lead Department
Transportation and Public Works Department.

Fiscal Note
This item has no fiscal impact.

Prior Council Action:
December 14, 2023 - Resolution No. 20231214-060 authorizing negotiation and execution of an advance funding agreement with the Texas Department of Transportation for engineering and design study for cap and stitch improvements on the IH-35 Capital Express project for a total estimated cost of $1,818,334, with the City's share of the costs estimated to be $166,667 plus any cost overrun, was approved on consent on a 10-0 vote with Council Member Ryan Alter absent.
December 14, 2023 - Resolution No. 20231214-061 authorizing negotiation and execution of an advance funding agreement with the Texas Department of Transportation for the City to contribute $15,445,000, for 30% of the design and other associated costs of cap and stitch structures to be integrated into the IH-35 Capital Express Central Project was approved on consent on a 10-0 vote with Council Member Ryan Alter absent.
September 21, 2023 - Resolution No. 20230921-097 authorizing the submittal of a grant application to the United States Department of Transportation for the Fiscal Year 2022-2023 Reconnecting Communities and Neighborhoods Notice of Funding Opportunity for construction of improvements associated with the I-35 Cap and Stitch Program was approved on consent on an 11-0 vote.
September 21, 2023 - Resolution No. 20230921-098 authorizing negotiation and execution of a grant agreement with the United States Department of Transportation for $1,120,000 for the Our Future 35: Connecting Austin Equitably Mobility Study was approved on consent on an 11-0 vote.
September 28, 2022 - Resolution No. 20220929-059 authorizing the submittal of the...

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