Conroe - Montgomery Edition | October 2023

Government

BY LIZZY SPANGLER

Montgomery approves agreement with Home Depot

During an Oct. 2 special meeting, Montgomery City Council approved a Chapter 380 agreement with Home Depot in a 4-1 vote. Council member Sara Countryman voted against approval, citing constituent feedback. In a nutshell According to the Oct. 2 agenda packet outlining the agreement details, Home Depot will: • Contribute $750,000 toward improvements for the Buffalo Springs Drive and Hwy. 105 intersection • Pay the remaining construction costs of $674,000 plus 15% for contingencies In return, the city of Montgomery will reimburse Home Depot for the $674,000 over a period of five or more years using 50% of the total sales tax collected by the city at the retailer’s new store.

Zooming out Home Depot is anticipated to open a new store along Buffalo Springs Drive just west of Kroger. During its Sept. 12 meeting, Montgomery City Council approved 4-1 a proposal to reconstruct a portion of the roadway and add a traffic signal to the Buffalo Springs Drive and Hwy. 105 intersec- tion for $1.4 million. Countryman voted against the approval. Ward, Getz and Associates, which provides the city with engineering services, will work to design and coordinate construction for roadway improve- ments for Buffalo Springs Drive from the Hwy. 105 intersection to Home Depot’s rear property line, WGA Project Manager Katherine Vu said at the Sept. 12 meeting. The traffic signal and roadway improvements are separate projects, and they won’t necessarily be timed at the same time, Vu said.

BUFFALO SPRINGS DR.

ROADWAY IMPROVEMENTS

HOME DEPOT

105

TRAFFIC SIGNAL

N

What else? The improvements to Buffalo Springs Drive and Hwy. 105 are anticipated to be completed in September 2024, Montgomery City Engineer Chris Roznovsky said during the Oct. 2 meeting. Home Depot’s new store is slated to open in October 2024.

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