Here is a rundown of the projects and the city’s role in each:
The North Central Texas Council of Governments intends to submit one or more federal grant applications on behalf of the city and region in support of TxDOT’s East Lancaster Corridor project. The project needs to be further developed to ensure the project is competitive. City, TxDOT, and NCTCOG staff are working to coordinate a unified planning and implementation process to ensure that the project is competitive for federal funding, based on community vision, and is delivered in a timely fashion. Once the process and timeline have been defined, the city and TxDOT will begin planning and engineering work this fall.
The city will be asked to contribute approximately $16.5 million, consisting of $6,430,160 in local funds being reallocated from the TEXRail Extension project, plus $10 million for reconstruction as part of the 2022 Bond Program. The project already has commitments of $40 million in other federal funds from the Regional Transportation Council and $10 million in state funds from TxDOT.
The federal cost share of the project is made up of $71.4 million in funds from the Regional Transportation Council; $38.9 million in leftover funds from the initial TEXRail project to the airport; and $11.3 million in federal funds being reallocated from the Katy Lofts project. The Regional Transportation Council has also allocated the equivalent of $21.1 million in Transportation Development Credits for the project.
The bulk of the local match will be $48 million from Trinity Metro. The city will be asked to provide $7.16 million in local funding toward the project to match federal funds. City and Trinity Metro staff will be working to secure a donation of the Baylor Scott & White-owned land for the future Mistletoe Station.