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HomeMy WebLinkAboutContract 36859 CITY CONTRACT ENO 1� 0� , CITY OF FORT WORTH,TEXAS ADVANCE FUNDING AGREEMENT This AGREEMENT is between the City of Fort Worth (the "CITY"), and 287/156 Partners, L.P. ("DEVELOPER"), for a PROJECT generally described as review of the schematic for the proposed US 81/287 from West of FM 3479 to FM 3479: Whereas, DEVELOPER has requested CITY to enter into a Local Project Funding Agreement (LPAFA) for Voluntary Transportation Improvement Projects (Off-System) with the Texas Department of Transportation ("TxDOT") for review of the schematic for the proposed US 81/287 from West of FM 3479 to FM 3479; and Whereas, DEVELOPER has agreed to be responsible for and to pay for all expenses incurred by the CITY in connection with said LPAFA. Now,therefore,CITY and DEVELOPER agree as follows: Article I Scope of Services The DEVELOPER agrees to deliver to the CITY and TxDOT all electronic and printed copies of general notes, specifications, contract provision requirements, and related documentation in a Microsoft Word or similar document. The DEVELOPER will use TxDOT's document template. The DEVELOPER will also provide a detailed construction time estimate including types of activities and month in the format required by the TxDOT. All work will be performed in accordance with the Standard Specifications for Construction and Maintenance of Hi ays, Streets. and Bridges adopted by the State of Texas and incorporated herein by reference, or special specifications approved by the State of Texas. Article II Compensation Contemporaneously with the execution of this Agreement, DEVELOPER shall deposit the sum of$10,000 with CITY for reimbursement of the costs to be incurred by the CITY under the LPAFA. Upon completion of the Scope of Services, the City will promptly refund any unused portion of the$10,000 deposit. In the event DEVELOPER determines that funding the additional cost is not in its best interest, DEVELOPER shall so notify CITY, who shall then terminate the LPAFA. DEVELOPER agrees to reimburse CITY for any additional actual costs that CITY is required to reimburse the TxDOT under the Master Advanced Funding Agreement existing between the TxDOT and CITY. 04-02-08 PO4:39 IN -1- Article III City Responsibilities Contingent Upon Receipt of Funds CITY shall have no duties to DEVELOPER unless and until all funds required of DEVELOPER, either at the time of the execution of this Agreement or otherwise, are deposited with the CITY. r Executed in Fort Worth,Texas,this the day of , 2008: ATTEST: CITY OF FORT WORTH PC\ P � Marty Hend Fernando Costa City Secretary Acting Assistant City Manager APPROVED AS TO FORM APPROVAL RECOMMENDED AND LEGALITY Amy R y Robe oo e,P.E.,Director Assistant City'Attorney Tran .on/Public Works Department 2 /1 Pa e L.P. al as imi ed � rs p Coxtrdct �4uthorizutioa Hate J Melino Authefized Representative 7% City of Fort Worth, Texas Mayor and Council Communication COUNCIL ACTION: Approved on 3/4/2008 - Res. No. # 3589-03-2008 & Ord. No. # 17999-03- 2008 DATE: Tuesday, March 04, 2008 LOG NAME: 20HARMON-LPAFA REFERENCE NO.: *"C-22694 SUBJECT: Adopt a Resolution Authorizing Execution of a Local Project Advance Funding Agreement with the Texas Department of Transportation, for TxDOT's Review of Schematic Design Plans for the Relocation of the Southbound Exit-Ramp for US 81/287 between West of FM 3479 and FM 3479, and Authorize Execution of an Advance Funding Agreement with 287/156 Partners, L.P., and Adopt Appropriation Ordinance RECOMMENDATION: It is recommended that the City Council: 1. Authorize the City Manager to adopt a resolution to execute an Advance Funding Agreement accepting $10,000 from 287/156 Partners, L.P. for TxDOT's review of schematic design plans for the relocation of the southbound exit-ramp for US 81/287 between west of FM 3479 and FM 3479; 2. Authorize the City Manager to execute a Local Project Advance Funding Agreement with TxDOT in the amount of $10,000 for review of schematic design plans of the relocation of the southbound exit-ramp and for US 81/287 between west of FM 3479 and FM 3479; and 3. Adopt the attached appropriation ordinance increasing the estimated receipts and appropriations in the amount of$10,000 in the Critical Capital Projects Fund. DISCUSSION: A developer, 287/156 Partners, L.P., is preparing schematic design plans for the southbound exit ramp at US 81/ Harmon Road. The proposed improvements include the relocation of the southbound exit-ramp for US 81/287 between west of FM 3479 and FM 3479. The scope of the project is to relocate the existing southbound exit ramp 2000 ft. west. 287/156 Partners, L.P., has requested that the City submit the plans to TxDOT for review. The Texas Transportation Commission Minute Order No. 109460 authorizes TxDOT to review schematic plans to prepare a Local Project Advance Funding Agreement with the City in the amount of $10,000 for review of the plans. City Staff prepared an Advance Funding Agreement with 287/156 Partners, L.P., to reimburse the City for Costs incurred by the City under its agreement with TxDOT. The Transportation and Public Works Department will be responsible for the collection of these funds. Upon completion of this preliminary review, TxDOT will schedule public meetings and outreach if the project is feasible. Logname: 20HARMON-LPAFA Page 1 of 2 This project is located in COUNCIL DISTRICT 2. FISCAL INFORMATION/CERTIFICATION: The Finance Director certifies that upon approval of the above recommendations and adoption of the attached appropriation ordinance, funds will be available in the current capital budget, as appropriated, of the Critical Capital Fund. TO Fund/Account/Centers FROM Fund/Account/Centers C116 488100 020116021224 $10,000.00 C116 531200 020116021224 $10,000.00 C116 531200 020116021224 $10,000.00 Submitted for City Manager's Office by. Fernando Costa (8476) Originating Department Head: Robert Goode (7913) Additional Information Contact: Jim Walker(8009) Logname: 20HARMON-LPAFA Page 2 of 2