Consider and take action on Ord. No. 20-51, amending the City's fiscal year 2020/2021 budget to fund design and construction of a section of Brown Drive. (Finance)

TCISD is moving forward with plans for a new Middle School to be located at the southwest corner of Monticello Dr and Vauthier.  Vehicle access into the school site can be significantly enhanced by utilizing an unimproved public right-of-way (Brown Drive) that is adjacent to the west boundary of the school site.  Currently no roadway exists and Brown Drive will need to be designed and constructed in anticipation of the Middle School project.  The Interlocal agreement provides for shared funding of the costs associated with designing and constructing approximately 1000 feet of a new concrete curb and gutter roadway.

Commission approved Resolution No. 20-119.  See the attached resolution, interlocal agreement, and aerial image.

This ordinance is to amend the fiscal year 2020/2021 budget to fund the design and construction of Brown Drive.
 

Budget Amendment:

General Fund (101); Dept.: Street & Bridge (301):
Street Improvements                    $990,890
Payment from TCISD                  ($495,445)
Unassigned Fund Balance          ($495,445)