SUBJECT:
title
Approval of an Interlocal Agreement with the City of Leander regarding funding for transit related capital improvement projects.
body
RESOLUTION
OF THE
CAPITAL METROPOLITAN TRANSPORTATION AUTHORITY
BOARD OF DIRECTORS
STATE OF TEXAS
COUNTY OF TRAVIS
AI-2022-337
WHEREAS, Capital Metro has a strong interest in serving the members of its service area, which today include the cities of Austin, Jonestown, Lago Vista, Leander, Manor, Point Venture, San Leanna, and parts of Travis and Williamson counties, and in the success of their economic development as they grow in population; and
WHEREAS, Capital Metro's partnership with small cities in the Central Texas area is critical to address our regional transportation challenges and in the success of our overall transportation system; and
WHEREAS, Capital Metro is committed to supporting the transit infrastructure throughout its service area and to working with its regional partners to maximize the value of their transit investments; and
WHEREAS, the City of Leander has been a valuable partner with Capital Metro since 1985 and hosts the terminus station for the commuter rail Red Line service; and
WHEREAS, the Capital Metro Board directed staff in Resolution AI-2022-318 on January 12, 2022, to pursue utilizing the Build Central Texas (BCT) program or similar program to enter into an ILA for providing the annual fiscal year surplus sales tax revenue above the annual fiscal year total costs of service to regional communities for transit supportive infrastructure beginning in Fiscal Year 2022.
NOW, THEREFORE, BE IT RESOLVED that the Capital Metropolitan Transportation Authority Board of Directors authorizes the President & CEO to negotiate and execute an Interlocal Agreement with the City of Leander similar to the current Interlocal Agreements between Capital Metro and other suburban member cities for the Build Central Texas Program - Suburban Communities Program (BCT).
BE IT FURTHER R...
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