Photo by Gene Davis
Lakeway, Travis County set to split cost of improvement project
Lakeway residents chose in the Nov. 6 election to approve issuing general obligation bonds to generate the needed revenue to fund the city's share to improve Flint Rock Road. The bond for Flint Rock Road, located just off of RR 620, was approved with 3,910 residents, or 63.69 percent, voted in favor of the bond, while 2,229 residents, or 36.31 percent, voted against the proposal.
The bond election, proposed by the Lakeway City Council on Aug. 20, authorized the city to issue up to $4.3 million in bonds to improve the road and is expected to increase the city's debt service tax rate by $0.0075, or roughly $29 per year for the average home in Lakeway, which is valued at $385,000, according to city officials.
"It's badly needed," Lakeway City Councilwoman Dee Ann Burns-Farrell said of the pending improvements to Flint Rock Road. "We can't put it off, so it must be done."
The city plans to add left-turn lanes at major intersections, add shoulders, flatten hills and straighten curves on Flint Rock Road. The plan would also widen a portion of the roadway to four lanes.
