NTTA Responds to Request from Regional Transportation Council regarding SH 121

This action is in response to a written request from the North Texas Regional Transportation Council dated March 26, 2007 offering to the NTTA Board of Directors the opportunity to “Submit a Binding Commitment for the SH 121 Project in Denton/Collin Counties to the Regional Transportation Council.” The RTC asked that the NTTA’s proposal be submitted no later than 5 p.m. on May 25, 2007.

Based on preliminary analysis by key financial consultants and staff, an NTTA proposal to acquire and develop SH 121 is expected to generate a positive net financial impact.

Jerry Hiebert, the NTTA Acting Executive Director, stated that “the NTTA’s undertaking of SH 121 is not expected to adversely affect the NTTA’s project delivery capabilities on existing and future projects."