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Consultants outline $717 million road program and potential local match; court to refine bond targets
Summary
Innovative Transportation Solutions presented a candidate project list for a countywide master thoroughfare plan with an initial program construction estimate of about $717 million and an estimated local match near $171 million; ITS advised staged issuances, outreach and meetings with TxDOT and MPO before any election.
John Polster of Innovative Transportation Solutions (ITS) told the Hood County Commissioners Court on July 11 that ITS and partner firm Tignall had worked from the county’s March master thoroughfare plan to produce a list of candidate road projects and a first‑pass financing picture for a potential bond program. Polster said the initial program estimate was roughly $717,000,000 in construction costs with an estimated $171,000,000 local match; ITS added a 30% contingency to escalated costs to reflect future pricing uncertainty.
Polster reviewed project categories and funding mechanisms, distinguishing on‑system projects (state/federal participation and different match rules) from off‑system projects (local match…
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