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AGENDA TEXAS TRANSPORTATION COMMISSION 125 E. 11 Street Austin

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AGENDA TEXAS TRANSPORTATION COMMISSION 125 E. 11 Street Austin Powered By Docstoc
					           MINUTE ORDERS CAN BE ACCESSED BY SELECTING THE LINK (BLUE MO)
                      AT THE END OF THE SPECIFIC AGENDA ITEM


                                                                            INTERNET ADDRESS:
                                                                              http://www.txdot.gov



                                           AGENDA

                   TEXAS TRANSPORTATION COMMISSION
                              125 E. 11th Street
                          Austin, Texas 78701-2483

                                   SPECIAL MEETING
                                       TUESDAY
                                      April 12, 2011

         11:30 A.M.       CONVENE MEETING

112655   Dallas County – Authorization to enter into a Direct Agreement with the United States
         Department of Transportation, the North Texas Tollway Authority, and the Trustee under
         the Trust Agreement for the SH 161 Project (MO)
         In Minute Order 112436, dated September 30, 2010, the commission authorized the department to enter
         into a Direct Agreement with the NTTA and the Trustee in connection with the financing of the SH 161
         Project. The Direct Agreement is a condition to the consummation of a loan under the Transportation
         Infrastructure Finance and Innovation Act (TIFIA) for the SH 161 Project. The U.S. DOT requires that
         there be a direct agreement with the Trustee to provide certain assurances and agreements in connection
         with the Toll Equity Loan Agreement for the SH 161 project. Subsequent to the approval of Minute Order
         112436, the U.S. DOT required that they be added as a party under the Direct Agreement to provide
         privity of contract with the department to enforce certain obligations under the Direct Agreement and the
         Toll Equity Loan Agreement. Commission approval of the final form of the Direct Agreement is required
         because of the inclusion of U.S. DOT as a party and the significant changes to the Direct Agreement that
         were made after approval of Minute Order 112436.

         ADJOURN
                                             ***
         NOTE:
         Persons with special needs or disabilities who plan to attend this meeting and require
         auxiliary aids or services are requested to contact Roger Polson at (512) 305-9526 at
         least three working days prior to the meeting so that appropriate arrangements can be
         made.




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