The Raymond Park Hike and Bike Trail project is a collaborative effort between Collin County, TX, and the Town of Prosper. The project aims to construct a hike and bike trail in the Town of Prosper, with the County providing funding assistance of up to $400,000. The Town will be responsible for arranging the construction of the project, and the County will reimburse the Town for invoices paid on a dollar-for-dollar matching basis. The project is part of the Collin County 2023 Parks and Open Space Bond Program. Key aspects of the project include:
• The Town will prepare plans and specifications for improvements, accept bids, award a construction contract, and administer the construction contract.
• The County will provide funding assistance for the project, with a maximum amount of $400,000.
• The Town will provide quarterly progress reports and an itemized final accounting of expenditures.
• The project must remain open and accessible to all County residents.