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Friday, October 3, 2008

McKinney: County close to getting $1.5 billion for road repairs

October 2, 2008

By Danny Gallagher McKinney Courier-Gazette

FUNDING: The Regional Transportation Council will fund local road dollars with SH 121 toll revenue.

Collin County will get a huge chunk of the State Highway 121 toll revenues for their own road constructions and repairs.

The Regional Transportation Council approved a measure in August approving the disbursal of more than $2.5 billion in toll road revenue to local counties collected along SH 121, according to records filed by the North Texas Council of Governments.

Approximately $1.5 billion of those funds will go towards projects in Collin County in addition to the $235.6 million the county has in transportation bonds approved in November of 2007, according to RTC and Collin County records.

DK

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