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County outlines bond strategy, tight timeline to fund Master Thoroughfare Plan projects
Summary
At a March 14 workshop, county leaders and consultant TMP discussed prioritizing five corridors from the Master Thoroughfare Plan, a strategy to use local bond funds to finance preliminary engineering (about 10% of project cost) and leverage federal grants, and an August deadline to place a transportation bond on the November ballot.
The County Commissioners Court met March 14 in the Central Jury Room to begin implementation planning for the newly adopted Master Thoroughfare Plan, focusing on which corridors to advance, how to pay for design and engineering, and a timeline for a possible transportation bond.
Consultant Ryan Jones of TMP said the plan is intentionally high level and that each corridor will need further alignment studies, cost analysis and design before construction. "For example, Granbury Road, we've talked about that project before. We've we've done some cost estimation on that project, and we're looking at about $60,000,000 for construction," Jones…
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