Primary Department: Toll Road Authority
Primary Department Head/Elected Official: Roberto Trevi?o, P.E., Executive Director
Secondary Department: Management and Budget
Secondary Department Head/Elected Official: Daniel Ramos
Regular or Supplemental RCA: Supplemental RCA
Type of Request: Financial Authorization
Project ID (if applicable): N/A
Vendor/Entity Legal Name (if applicable): N/A
MWBE Contracted Goal (if applicable): N/A
MWBE Current Participation (if applicable): N/A
Justification for 0% MWBE Participation Goal: N/A - Goal not applicable to request
Grant Indirect Costs Rate (if applicable): N/A
Justification for 0% Grant Indirect Costs Rate (if applicable): N/A - Not a grant item
Request Summary (Agenda Caption):
title
Request by the Toll Road Authority for approval of ratification of a Joinder Agreement with the Texas Transportation Finance Corporation and Zions Bancorporation, N.A. DBA Amegy Bank, for the addition of a TxDOT facility beneficiary per the terms of the TxDOT Tolling Services Agreement and Custodial Account Agreement and authorize execution by the HCTRA Executive Director of future joinder agreements with TxDOT facility beneficiaries as designated by TxDOT pursuant to the terms of Tolling Services Agreement and Custodial Account Agreement and provided that such agreements are transmitted to Commissioners Court after execution.
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Background and Discussion:
The October 29, 2024 Commissioners Court approved the execution of a Tolling Service Agreement (TSA) with the Texas Department of Transportation (TxDOT) for HCTRA to provide back-office tolling services for TxDOT toll roads. On September 19, 2024 Commissioners Court approved the execution of a Stop Gap Agreement to include a Custodial Account Agreement for the implementation of the TSA (the Oct. 29, 2024 Commissioner Court approved an amendment and restatement of the Custodial Account Agreement to address administrative requirements associated with TxDOT toll beneficiaries)....
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