PRINT State Highway 121 in Collin, Dallas and Denton Counties
On May 18, 2007, the North Texas Tollway Authority (NTTA) delivered its comprehensive public sector proposal to finance, design, construct, operate, and maintain the State Highway (SH) 121 toll project to the Regional Transportation Council (RTC). 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's SH 121 proposal commits $3.333 billion to North Texas over the term of the contract, consisting of an upfront payment of $2.5 billion and guaranteed annual payments over time equal to $833 million in 2007 dollars. Both the upfront payment and guaranteed annual payments exceed the amounts provided in a private sector proposal.
The RTC will now review the NTTA proposal. The Texas Transportation Commission is looking to the RTC for a recommendation.
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.
Click here to view the presentation of the NTTA's SH 121 proposal that was given to the Regional Transportation Council on Thursday, June 14.
Click here to view the Powerpoint that was shown to the NTTA Board of Directors on May 7, 2007 and scroll down to view the Executive Summary of the NTTA’s proposal.
Click here to view a chronology of the SH 121 project as it relates to the NTTA.
NTTA's proposal to build and operate SH 121 called "Superior" by University of North Texas Economic Study. Click here for more information.