FY 2012 Popular Annual Financial Report FY 2012 Popular Annual Financial Report | Página 15

Major Street Improvements
A portion of one of the City’s
major thoroughfares underwent a
much-needed face-lift.
The expansion of Matlock, a joint
project of the City of Arlington and
Tarrant County, increased it from four
to six lanes along Interstate 20 on the
north to Bardin on the south.
Funded by the Tarrant County
Bond Program, the total cost of the
project was about $1.8 million.
Rush Creek Mitigation
In 2011, the City sold bonds for the
first time for its Stormwater Utility. The
utility is funded by a fee on the City’s
Water Bills. Approximately $25M in
revenue bonds were issued against the
revenue generated by the Stormwater
fee. The UTILITY received a AAA rating.
In 2012, a portion of that funding
was used to mitigate flooding along
Rush Creek by purchasing 50 homes
and condominiums that were in the
floodplain. The remainder was spent on
erosion and stormwater improvements.
The purchased homes have been
demolished, and the City has replaced
them with green space.
Square and other potential irrigation or
commercial/industrial customers.
Basically, that means business
owners, and possibly homeowners in
the future, can water their lawns using
reclaimed water as an alternative to
treated water.
Even though Stage 1 drought
restrictions were lifted May 4 after being
in place seven months, the droughtwatering schedule implemented in 2011
continued to reduce water use as part
of a long-term conservation program
to ensure the City has adequate water
for years to come. Sustainability and
water conservation will be needed in the
future.

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