This
initial phase, which is funded with the TIFIA
Loan, includes (i) the construction of two reversible lanes with associated
exit / entrance ramps between Valley View Lanes and Turbeville Road; (ii) the construction of managed lanes from south of IH35E — IH635 interchange to Valley View Lane; (iii) reconfiguration and rehabilitation of general purpose lanes from IH635 to Corinth Parkway; (iv) the construction of direct connectors to Sam Rayburn Tollway; (v) the reconfiguration and / or widening of general purpose lanes and the construction of an additional general purpose lane in each direction from Sam Rayburn Tollway to US380; (vi) the construction, reconstruction, widening or rehabilitation of various frontage roads, interchanges, and bridges; (vii) the construction of a collector - distributor system between President George Bush Turnpike and Sam Rayburn Tollway; (viii) the construction of a new bridge and re-purposing of the existing bridge over Lake Lewisville; and (ix) associated mitigation projects.
Commonly, these lenders withdraw
loan offers after realizing their originators mis - priced or wrong - sized
initial loan terms, after appraisals failed to support
exit values or revealed inadequate
loan - to - value cushions.