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County staff brief commissioners on $2M contribution for Village Drive match; language changes requested
Summary
Staff outlined a proposed interlocal agreement to transfer $2,000,000 from Rockwall County toward the City of Rockwall’s 20% local match for $12,000,000 in RTR funds for Village Drive; commissioners requested clearer escrow, pro‑rata return and termination language and will review marked‑up agreement before the next court.
Brenda Galloway presented an interlocal cooperation agreement between Rockwall County and the City of Rockwall to provide $2,000,000 toward the local match for $12,000,000 in regional toll (RTR) funding for the Village Drive project.
Galloway told the court the city has $12,000,000 toward construction and needs a 20% local match ($3,000,000); the City will contribute $1,000,000 and Rockwall County is proposed to contribute $2,000,000 to reach the 20% match. Commissioners focused questions on how the county would transfer funds, how escrow and invoice draws would be handled with TxDOT and the North Central Texas Council of Governments (NCTCOG), and whether the agreement’s termination clause and pro‑rata return language were sufficiently protective of county funds. Galloway and staff said they will accept redlines and return an amended ICA for court consideration prior to the next meeting.
No final action was taken; the court asked staff to circulate a revised agreement and supporting documents that clearly direct the county auditor on the transfer and escrow mechanism.
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