Montgomery County commissioners met Sept. 3 to review and consider the 2025 road bond financial report and move several project awards forward.
Budget Officer Amanda Carter said according to the bond financial report, the county has received a total income of over $192 million. No action was taken on the monthly report.
What happened
The county reported $188 million in bond proceeds and $4.23 million in interest income as of Aug. 31, bringing total revenue for the program to $192.23 million, according to agenda documents. Of that amount, commissioners have allocated $166.7 million toward road projects, leaving $25.5 million for future allocations. The county also has $67.6 million in cash remaining in its road bond account.
Carter mentioned the next pool of funds will likely be initiated at a future commissioners court meeting in October.
The budget also showed:
$36 million in encumbered funds, or funds committed through contracts and other obligations
Close to $125 million spent so far
The next tranche will be available at the end of December or January, Carter said.
Another note
Also up for discussion was the award for the road bond project for Old Plantersville Road rehabilitation, widening and reconstruction in Precinct 1. Purchasing Agent Kelly Vidal said the bid was awarded to Larry Young Paving, Inc. for $3.9 million.
The last road bond item on the agenda included the Precinct 1 Farrell Road Widening from Seven Coves Road to FM 2432 . Commissioners voted 5-0 on the recommendation to award the bid to Top Star Construction, LLC for $4.4 million.
Outside of the bond projects, commissioners also voted 5-0 on a recommendation to use MJR Services, Inc. as the vendor for the interior buildout plan for Precinct 3’s new, 8,000-square-foot senior center, according to agenda documents.
The court also approved a recommendation to award a contract to Swift Holdings, Inc. for a $1.19 million base proposal for renovations at the James H. Keeshan Building at 301 N. Thompson St., Conroe, which Carter said is funded mainly from a special revenue fund including court facility fees and savings in other judicial and legal departments.
Officials said demolition had taken place and the project would get started once the award was made.
