Debt reduction, Hwy. 249 tollway project sent out for bids: 4 things to know from Montgomery County Commissioners Court, Jan. 9


Montgomery County Commissioners Court convened Tuesday morning to discuss a reduction in county debt, funding for the Montgomery County Office of Homeland Security and Emergency Management and a session of the Montgomery County Toll Road Authority.

  1. Commissioners pay off debt from county’s pass-through toll revenue bonds

Commissioners approved an order that authorizes¬†the defeasance of $16,711,881 from the county’s pass-through revenue bonds and another $965,000 from outstanding debt service funds. Defeasance means that the county voids its outstanding bond obligations and debt service with cash from the state’s pass-through toll program.

2. Funds approved for MCOHSEM

Commissioners approved a $60,000 increase for the amount of hurricane relief funds for the Montgomery County Office of Homeland Security and Emergency Management. Darren Hess, director of Homeland Security and Emergency Management, said the funds cover remaining costs from Hurricane Harvey. The funds are recoverable from funding from the Federal Emergency Management Agency, he said.

3. County leases space at executive airport

Commissioners approved a month-to-month lease for 11,500 square feet of space at 5016 Central Parkway, Conroe, in the Conroe-North Houston Executive Airport. The lease is worth $10,000 per month and will be paid for from Urban Areas Security Initiative grant program.

4. Hwy. 249 tollway project sent out for bid

Acting as the Montgomery County Toll Road Authority, commissioners approved advertising for construction of the MCTRA Hwy. 249 tollway mainlanes, ramps and toll gantries between Spring Creek to about 1-mile south of FM 1774. The project will be out for bid for a 3-week period. Commissioners James Noack and Jim Clark voted against sending the project to bid, while Montgomery County Judge Craig Doyal and commissioners Charlie Riley and Mike Meador voted in favor of sending the project to bid.

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