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Georgetown Bonds

Road Projects – 2008

OVERVIEW

Costs and percent completion were current as of March 2021.

  • Estimated cost for road projects: $46M
  • Spent to date: $29M
  • Remaining allocations: $17M

With the exception of the Berry Creek Drive, which has intentionally not been pursued as the City Council balanced managing the tax rate and responding to the largest traffic congestion pressure points, and FM 971, which is expected to go to construction in 2021, the bulk of the 2008 bond issuance projects have been completed.

The City is proposing repurposing $15 million of the remaining allocations from the 2008 bond in conjunction with the proposed 2021 mobility bond projects.

This list shows the status of 2008 and 2015 road bond projects:

Bond Summary – 2008 and 2015

Berry Creek Drive Widening

Estimated cost: $3.9M

This project would fund the widening of Berry Creek Drive in the 0.7-mile segment from Airport Road to SH 195.

The project was not a priority as the City Council balanced managing the tax rate and responding to the largest traffic congestion pressure points. This allocation will be held pending Council direction.

DB Wood Road Widening

Cost: $1.8M | 100 percent complete

This project provided funds to add traffic lanes to DB Wood Road, also known as Northwest Inner Loop, near the Williams Drive intersection by HEB. The project was completed prior to 2012, came in about at the expected cost, and did not require a tax-rate increase.

FM 1460 Widening

Cost: $11.7M | 100 percent complete

This project provided funding for the widening of Farm-to-Market Road 1460 to four lanes in the 1.9-mile portion of the road that is in the city. The project was completed in 2015, came in $7 million under the expected cost, and did not require a tax-rate increase. Other funding sources for FM 1460 included TxDOT, the City of Round Rock, and the City’s 0.5 percent 4B sales tax associated with the Georgetown Transportation Enhancement Corporation (GTEC).

FM 971 Widening

Estimated cost: $13.2M | FY21 Budget: $4.4M

This project provided funds to widen Farm-to-Market Road 971 to four lanes in the 2.2-mile segment from Austin Avenue to the 130 Tollway. The City will pay an estimated $4.4 million to widen the section of the road from Austin to Gann streets under TXDOT project management. The remainder of the project funding for improvements east of Gann was pulled at the state level, and the project is not currently planned to move forward, which the City is proposing available funds be repurposed for projects in conjunction with the 2021 mobility bond.

SH 29 Routing Study

Cost: $1.2M | 100 percent complete

The City is partnering with Williamson County to develop route alternatives for a future SH 29 Bypass. The project was completed prior to 2013, came in $1.3 million under the expected cost, and did not require a tax-rate increase.

Southeast Aerial 1

Cost: $6M | 100 percent complete

This project would provide a portion of funding for Southeast Arterial 1, which is a proposed two-lane connector road between SE Inner Loop and the 130 Tollway. The project was completed prior to 2012, came in about at the expected cost, and did not require a property tax-rate increase. Other funding sources for SE1 include Williamson County and the City’s 0.5 percent 4B sales tax associated with the Georgetown Transportation Enhancement Corporation (GTEC). This road was renamed Sam Houston Avenue before it opened.

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