After the $75 million 183A Toll frontage road project was fully funded by the Capital Area Metropolitan Planning Organization, Cedar Park City Council added the New Hope project into a new cost-share agreement with Williamson County on Sept. 24. The New Hope project was deferred funding by CAMPO in June, so the unneeded frontage road funding can be transferred to the New Hope extension.
The unanimous council approval rescinds the previous four agreements and combines them in one cost-share interlocal agreement with Williamson County.
Assistant City Manager Sam Roberts said the city will have about $40 million of projects but will only pay for half due to the interlocal agreement.
The $39.65 million agreement includes these transportation and park projects:
- RM 1431 widening from Bagdad Road to Anderson Mill Road: $8.15 million
- New Hope Drive extension from Ronald Reagan Boulevard to Sam Bass Road: $15.5 million
- Toro Grande Boulevard extension from 1431 to Parmer Lane: $12 million
- Trail extension from Brushy Creek Regional Trail to Lakeline Park with pedestrian bridge over Bell Boulevard: $4 million
In April, CAMPO began considering the deferment of $633 million in transportation projects in an effort to funnel money to the $4.3 billion I-35 project in Austin.
The New Hope project was one of many area projects deferred by the board composed of Central Texas government leaders, including Mayor Corbin Van Arsdale. He said the board was "gunning" to defer the 183A Toll project because it was the most expensive. But the board decided to fully fund the Cedar Park-area project.