The Young County Commission is continuing its investigation into whether or not setting up a TRZ, or traffic rezoning status, will be worthwhile. Young County officials are pursuing this as part of a bid to receive a portion of the $225 million allocated by SB 1747 that would repair county roads damaged by oil industry vehicles.
Commissioner Mike Sipes initially brought up the project during a September county commissioners court meeting, and commissioners ultimately agreed to continue looking into its potential financial legitimacy.
“I want to make sure it's something we can sustain without overburdening our tax payers, and without deflecting our funds over to one area that we might need in another,” Sipes said. “I'm estimating that we will probably turn in to the state on our application somewhere near $500,000 to $600,000 worth of road repair.”
One stipulation provided by SB 1747 states that the counties must provide 20 percent of the estimated cost of repair, which in Young's case, should Sipes' evaluation prove correct, totals roughly $100,000 in county funds. However, because the bill is heavily weighted toward the South Texas Eagleford Shale area, as well as the Permian Basin, Sipes said that any money Young County receives will not be close to the half-million dollars commissioners will most likely tally as they assess needed repairs.
In fact, one guess by Sipes as to how much money will be allocated to Young County is about $60,000. Of the many questions still looming for the commission in the pursuit of a TRZ status, one involving whether the county can continue to add money to its TRZ fund until there is enough to completely finish a county road repair project.
Read the entire story in this Wednesday's edition of the Graham Leader.