This comes after the city approved selling around $7.08 million in certificates of obligation for this project, as well as the reconstruction of Highland Village Road, at a Sept. 9 meeting.
The details
The Highland Shores Boulevard reconstruction project consists of replacing the concrete pavement section with new pavement, enhancing drainage, enhancing pedestrian and traffic safety and calming traffic from the intersection of Briarhill Boulevard to Twin Coves Drive, according to city documents
The project will cost a total of $10.2 million. The city of Highland Village will pay $5.5 million, funded through certificates of obligation.
The city will repay those funds over a 20-year period, said Amber Chien, assistant vice president at Hilltop Securities.
Denton County has agreed to pay for the other 50% of the project, not to exceed $5.54 million.
This project could be under construction as soon as 2026, city documents state.
One more thing
Denton County will also fund 50% of the cost of the Highland Village Road reconstruction project.
The city of Highland Village will consider entering another interlocal agreement for this project in early 2026, per city documents.
