The City of San Marcos will take over pass-through financing agreement from Hays County for improvements and expansion of FM 1626 and FM 110. Hays County Commissioners had approved the pass-through agreement in 2006, but the bond proposal package failed to pass muster with Hays County voters in May 2007.

Estimated cost for both projects is $153 million; under the terms of the agreement the Texas Department of Transportation will reimburse $133 million based on traffic estimates on the new road sections.

Hays County Road improvements move one step closer - Austin Business Journal