HomeMy WebLinkAboutContract 48290 - _ CITY SECRETARY
CUNTRACT NO.
North Central Texas Council Of Governments
July 18, 2016
Mr. Fernando Costa, FAICP
Assistant City Manager
City of Fort Worth
1000 Throckmorton Street
Fort Worth, TX 76102
Dear Mr. Costa:
The Regional Transportation Council (RTC) awarded $3,207,650 ($2,566,120 of Regional Toll
Revenue funds and $641,530 of local match) of funding to the City of Fort Worth for the Summer
Creek Station TOD Sustainable Development infrastructure project. This project was funded
through the 2009-2010 Sustainable Development Call for Projects. On November 20, 2014, the
North Central Texas Council of Governments (NCTCOG) and the City of Fort Worth executed an
agreement for this project.
On July 6, 2016, NCTCOG staff received notice from the developer of the proposed land
development component of the project that they were no longer interested in pursuing the grant for
this project. The City of Fort Worth has communicated their agreement with the cancellation of this
project. Because of this request, NCTCOG and the City of Fort Worth have agreed to formally end
the Summer Creek Station TOD Sustainable Development project.
The awarded Regional Toll Revenue funds of$2,566,120 will be reprogrammed.
Please sign and date this letter to confirm the cancellation of this project. Return the signed
approval to me at: Karla Weaver, Program Manager, at P.O. Box 5888, Arlington, Texas 76005-5888
or you may send it electronically to kweaver(a nctcog.org.
NCTCOG looks forward to working with the City of Fort Worth on future sustainable development
initiatives. If you have any questions, please feel free to contact me.
Sincerely,
�V —
Karla Weaver, AICP
Program Manager
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cc: The Honorable Jungus Jordan, Councilmember, District 6, City of Fort Worth
Aaron Bovos, Chief Financial Officer, City of Fort Worth
Randle Harwood, Director of Planning & Development, City of Fort Worth
Dana Burghdoff, Assistant Director of Planning & Development, City of Fort Worth
Eric Fladager, Planning Manager, City of Fort Worth
Emily Beckham, Senior Grants and Contracts Supervisor, NCTCOG - -
Christie Gotti, Senior Program Manager, NCTCOG OFFICIAL RECORD
616 Six Flags Drive,Centerpoint Tivo CITY SECRETARY
P.O.Box 5888,Arlington,Texas 76005-5888 FT. WORTH, TX
(817)640-3300 FAX:817-640-7806 ®recycled paper
www.nctcog.org --
Confirm the cancellation of the funding award for the Summer Creek Station TOD Sustainable
Development Infrastructure project, and acknowledge funding will be reprogrammed.
//6
Fernando Costa DATE
City of Fort Worth
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OFFICIAL RECORD
CITY SECRETARY
FT. NORTH, TX
City of Fort Worth, Texas
Mayor and Council Communication
COUNCIL ACTION: Approved on 9/20/2016
DATE: Tuesday, September 20, 2016 REFERENCE NO.: G-18826
LOG NAME: 06SUMMERCREEKSTATIONTOD2010SUSTDEVCANCELLATION
SUBJECT:
Authorize Cancellation of a $3,207,650.00 Regional Transportation Council Funding Award and Funding
Agreement for the Summer Creek Station Transit Oriented Development Sustainable Development
Infrastructure Project at Sycamore School Road and Summer Creek Drive (COUNCIL DISTRICT 6)
RECOMMENDATION:
It is recommended that the City Council authorize the cancellation of a $3,207,650.00 Regional
Transportation Council funding award and funding agreement for the Summer Creek Station Transit
Oriented Development Sustainable Development Infrastructure Project at Sycamore School Road and
Summer Creek Drive at the request of the private development partner.
DISCUSSION:
On September 15, 2009, (M&C G-16700) City Council authorized the Planning and Development
Department to submit nominations for three infrastructure projects for funding through the North Central
Texas Council of Governments (NCTCOG) Sustainable Development Program. The Regional
Transportation Council (RTC) subsequently approved reimbursement grant funding for the Summer Creek
Station Transit Oriented Development (TOD) Sustainable Development Infrastructure Project in the
amount of$2,566,120.00, which was to be matched by $641,530.00 in local funds for a total project award
of$3,207,650.00. The funding was intended to design and construct pedestrian amenities including wide
sidewalks, street trees, pedestrian lighting, and bulb-outs, as well as bike trails, landscaping, a new public
street connecting Sycamore School Road to Summer Creek Drive, and widening of Sycamore School
Road between Chisholm Trail Parkway and The T's future bus transfer and passenger rail station. The
reimbursement grant required a 20 percent local match, which was to be provided by the project
proponent and local development partner (Legacy Capital/Summer Sycamore 1) in conjunction with a
qualifying mixed-use vertical development project.
On July 15, 2014, (M&C G-18252) City Council adopted Resolution No. 4329-07-2014 authorizing the
execution of a Funding Agreement with NCTCOG and the Texas Department of Transportation (TxDOT)
for the Summer Creek Station TOD Sustainable Development Infrastructure Project. In addition, the City
Council adopted Appropriation Ordinance No. 21313-07-2014 for$3,207,650.00 and authorized the
execution of a Development Agreement with Legacy Capital/Summer Sycamore I for the required mixed-
use vertical construction component of the Summer Creek Station TOD Sustainable Development
Infrastructure Project. On November 20, 2014, a Funding Agreement was executed (CSC No. 46345)
between the City of Fort Worth, NCTCOG, and TxDOT for the project. A Development Agreement was
drafted but never executed for the project. No grant funds have been received or expended.
On July 6, 2016, the private development partner on the project, Legacy Capital Company, sent a letter to
NCTCOG requesting that the project be cancelled due to the developer's difficulty in assembling the
required local match funds, including funds from adjacent property owners. On July 18, 2016, NCTCOG
sent a letter to the City requesting concurrence with the decision to cancel the Summer Creek Station
Logname: 06SUMMERCREEKSTATIONTOD2010SUSTDEVCANCELLATION Page 1 of 2
TOD Sustainable Development Infrastructure Project. Based on the above circumstances, Staff
recommends that the City Council authorize the cancellation of the $3,207,650.00 Regional Transportation
Council funding award and the executed funding Agreement for the Summer Creek Station TOD
Sustainable Development Infrastructure Project. NCTCOG will reprogram the $2,566,120.00 grant award
to another project. The required local developer match of$641,530.00 will not be paid.
This project is located in COUNCIL DISTRICT 6.
This M&C does not request approval of a contract with a business entity.
FISCAL INFORMATION I CERTIFICATION:
The Director of Finance certifies that this action will have no material effect on City funds.
FUND IDENTIFIERS(FIDW:
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CERTIFICATIONS:
Submitted for City Manager's Office by: Fernando Costa (6122)
Originating Department Head: Randle Harwood (6101)
Additional Information Contact: Eric Fladager (8011)
ATTACHMENTS
1. NCTCOG Grant Cancellation Latter for Signature 7-18-2016.adf (Public)
Logname: 06SUMMERCREEKSTATIONTOD2010SUSTDEVCANCELLATION Page 2 of 2