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NTTA approves term sheet with Grayson County RMA for Dallas North Tollway extension
Summary
NTTA approved a final term sheet with the Grayson County Regional Mobility Authority to extend the Dallas North Tollway (DNT) roughly five miles into Grayson County; NTTA will plan, design, finance, construct, own, operate and maintain the main lanes while Grayson RMA will own and operate frontage roads and provide rights-of-way.
The North Texas Tollway Authority Board of Directors on Aug. 20 approved a final term sheet with the Grayson County Regional Mobility Authority (GCRMA) for development of the Dallas North Tollway extension (5A) from the DNT’s current terminus near County Road 60 to FM 121 — approximately five miles.
Key terms: under the term sheet NTTA will develop, plan, design, construct, finance, own, operate and maintain the DNT main lanes to NTTA standards when…
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