The Shorthorn - City of Arlington to vote on contributing $18 million to the UTA College Park project

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City of Arlington to vote on contributing $18 million to the UTA College Park project

Written by Sharayah Sherrod, The Shorthorn staff

Monday, 25 January 2010 09:06 PM

The Arlington City Council will vote tonight whether to contribute $18 million to the university’s College Park parking garage in its regularly scheduled meeting.

Deputy City Manager Trey Yelverton said the city has several vested interests in the university’s new project and its successfulness.

“It is important that UT-Arlington is kept strong and it’s important that a college town environment be a part of that strategy,” he said.

City Council meeting

When: 6:30 p.m. Tuesday
Where: City Council Chambers 101 W. Abram St.
Open to the public

The university, he said, makes a $600 million indirect, economic impact each year.

“UT Arlington is noticeably the largest economic generator that Arlington has,” the deputy city manger said.

By investing in the school and the College Park project, Yelverton said the university can continue to grow in stature and attractiveness, drawing top-notch faculty and staff that will ultimately lead to Tier One status and even greater economic impact to the city.

In addition to the economic boost the university is for the city, Yelverton said the city will park about 125 of its vehicles in the parking spaces, freeing up space at other city-owned locations for other purposes.

University spokeswoman Kristin Sullivan said approval of the resolution would benefit UTA, as well.

“UT Arlington is thankful that city leaders are considering this agreement,” she said. “It would, however, be premature to discuss details until the council hearing Tuesday.”

The board will meet to discuss the resolution among other agenda items at 6:30 p.m. in the council chambers located at 101 W. Abram St.

The meeting is open to the public and citizens may address the board before it adjourns.
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