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Parker County has secured an additional $17.2 million from the region to go with the 2016 voter approved $76.2 million in transportation bond funds after a vote of the Regional Transportation Council (RTC) last month.
Parker County, had already secured an additional $12 million in state and regional funds, now totaling $29.2 million in leveraged transportation funds, to go along with the 2016 bond money.
County Judge Mark Riley, a member of the RTC since 2008, said he was pleased with the vote giving millions in additional dollars to Parker County.
“When you add this money to the money we leveraged for the 2008 transportation bond we have secured nearly $100 million in additional dollars for transportation infrastructure improvements,” Riley said.
“It means that since 2008 we have poured over $250 million dollars into the local economy for transportation infrastructure improvements.”
Riley, who voted for the allocation, said the RTC has been fundamental in helping Parker County achieve the transportation successes it has over the past 10 years.
“To attain state and federal transportation dollars requires a local match and thanks to our voters supporting the bonds, we have had money to match with,” he said.
New highways, wider roads, realigned intersections and improved safety and drainage are all projects that have been attained through leveraged and bond funds.
One of those projects, the I-20/Center Point Road Interchange project just kicked off last week.
The $30 million project includes a new bridge at Center Point Road and continuous frontage roads from E. Bankhead Drive to Hudson Oaks Drive.
“We made the decision to start the access roads first so that when it comes time for any lane closures traffic will be able to be diverted to the access roads unlike some other jobs that have been done on the interstate,” Riley said.
Substantial completion for this project is estimated for late 2019. The new bridge, ramps and access roads will provide a new access point to Interstate 20 in between East Bankhead and Hudson Oaks Drive.
Center Point Road will connect with the East Loop, which is an extension of the Ric Williamson Memorial Highway which connects Interstate 20 on the west side of Weatherford with FM 51 on the north side of Weatherford.
Parker County is currently acquiring right of way for the East Loop and expects to begin construction in the Spring of 2018 and finished in the Winter of 2020.
A total of 64 parcels of land must be acquired to build the East Loop. The county has already purchased 21 parcels, made offers on 35 parcels and completed appraisals on 58 of the 64 parcels.
For more information on Parker County transportation visit www.parkercountytransportation.com