Title
Consider approval of the First Amendment to the Interlocal Agreement between City of Coppell and Dallas Area Rapid Transit for the Silver Line Regional Rail Project; and authorizing the City Manager to sign any necessary documents.
Summary
Fiscal Impact:
City Council has set aside a total of $750,000 in the General Fund Designated Fund Balance over the past three fiscal years in anticipation of costs associated with the Silver Line. This amount would be included in the upcoming budget amendment to move those funds to allow us to utilize them for this purpose.
Additionally, the quiet zone at Freeport Parkway will be funded via the project budget for that reconstruction project.
Staff Recommendation:
Staff recommends approval.
Strategic Pillar Icon:
Implement Innovative Transportation Networks