Austin City Council Approves $39M for Next Phase of 2016 Mobility Bond
AUSTIN, TX Austin City Council approved $39 million of funding for the next phase of the 2016 Mobility Bond. This money will go to developing, designing and constructing improvements that enhance mobility and safety for Austin residents.
The funding continues the delivery of the bond program per the 2016 Mobility Bond Overview and Implementation Plan, which breaks down how the city will deliver the $720 million in bond-funded improvements.
When voters approve a bond proposition, they authorize the city to issue bonds up to a certain amount to fund the public purpose of the proposition. For the funding to be available for the improvement projects and programs, city council must appropriate the money.
The $39 million made available builds upon the $28 million of 2016 Mobility Bond funding appropriated by the council in December 2016. The December appropriation allows projects to start construction this spring.
The $39 million is divided as follows:
o $9 million for preliminary engineering on Spicewood Springs Road east of Loop 360, and funding for a partnership project with the Texas Department of Transportation at RM 620 and RM 2222
o $12 million for development of the Corridor Construction Program and the development of new Corridor Mobility Reports
o $3 million for Bikeways
o $2.5 million for Safety/Vision Zero
o $4 million for Substandard Streets
o $2 million for Sidewalks
o $1.5 million for Safe Routes to School
o $5 million for Urban Trails