CATC Mobility Headlines

On Mar 22, TXDOT and Cintra-Zachry signed the final contract for the private consortium tobuild and operate SH 130 Segments 5 & 6 (Mustang Ridge to Seguin) for the next 50 years. Under the agreement, Cintra-Zachry will cover design, land and construction costs and TXDOT retains ownership of the land. TXDOT will receive $25 million upfront and a minimum of 4.65 percent of the road’s toll revenue, with a potential increase of up to 50 percent.

The lease contract signing exempts the project from a proposed legislative two-year moratorium on concession agreements.

State Highway 130 (Segments 5 and 6) - TXDOT

State Highway 130: A Model For Public–Private Partnerships - Keep Texas Moving

Cintra-Zachry to finish 130 - Taylor Daily Press

The first of Capital Metro’s six Swiss-made rail cars has finished assembly and will arrive in Austin this fall for local track testing. Capital Metro’s commuter rail service is scheduled to begin in late 2008.

Sen. Kirk Watson announced he plans to file three bils concerning land use along SH 130. The bills would allow small cities land control over extra-territorial jurisdictions within 15 miles of SH 130, provide limited zoning powers within 15 miles of SH 130 for Travis and Williamson Counties, and create an infrastructure district within five miles of SH 130 and within Austin’s extra-territorial jurisdiction, allowing the district to collect sales and property tax to pay for utilities and infrastructure.

Watson will hold a press conference on Friday, Mar 9, at 10:30 AM on the South Steps of the Capitol Building to announce the filing of the bills.