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NTTA Submits SH 121 Proposal to Regional Transportation Council When complete, SH 121 will be a 25.9-mile, all electronic, toll road in Collin, Dallas and Denton counties, terminating on the west near the Tarrant County line. The NTTA has completed a milestone schedule that forecasts completion of the roadway ahead of the TxDOT schedule outlined in the SH 121 Request for Proposal (RFP). Upon opening, SH 121 will have a significant impact on mobility in all four NTTA counties.
“SH 121 is a critical, direct link to the economic vitality of North Texas and will further enhance the $28 billion of valuation that has already been added to the Collin, Dallas and Denton County tax rolls as a result of the Dallas North Tollway and the President George Bush Turnpike,” NTTA Board Chairman Paul N. Wageman said. “The NTTA has created a financially-superior proposal and schedule to ensure that this much needed mobility improvement is open to motorists as soon as possible with minimal disruption to the traveling public.”
The NTTA proposal, in response to a March 26 letter from RTC Chairperson Cynthia White, will be formally presented to the RTC. The Texas Department of Transportation (TxDOT) has assured the NTTA that it will “make the necessary amendments to the Memorandum of Understanding (implementing the regional protocol) to enable [NTTA] to propose to deliver SH 121.”
“The action taken by the Board of Directors (today) will benefit all North Texans by creating new jobs, increasing the property tax base and enhancing the NTTA’s financial stability and capacity to finance and construct other planned toll projects in a timely manner,” Wageman added.
The NTTA has been the region’s tolling authority for over 50 years and annually generates more than $88 million in economic activity and over 1,000 jobs. NTTA’s involvement in this project will ensure that this North Texas facility is built, maintained and operated by a North Texas public entity, which keeps all revenue generated from the project to benefit the citizens in the region.
For more information about the NTTA’s proposal, please go to our Web site News Center at: http://www.ntta.org/AboutUs/News/
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