MDC looks to fund 3 more roads projects
14 May 2017
Author: Midland Reporter - Telegram
The Midland Development Corp.’s commitment to contributing funding to area transportation projects continues with an interest in three more projects.
In a pair of letters dated May 3 to the TxDOT Odessa District and received Friday by the Reporter-Telegram, the MDC indicated it wants to contribute $7 million for an overpass at Loop 250 and County Road 1140, for improvements to the intersection at Loop 250 and State Highway 191 and for improvements at the intersection of Interstate 20 and Midkiff Road.
In a letter signed by MDC Vice Chairman Keith Stretcher, the sales tax-funded development group will commit $2 million toward the Loop 250/SH 191 project.
“The existing roadway infrastructure along Loop 250 at the intersection of State Highway 191 has helped create significant commercial and residential development,” the letter says, adding that the sports complex, sports medicine facility, restaurants, Sam’s Club, H-E-B and several large corporate headquarters in the area have caused a substantial increase in traffic.