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HomeMy WebLinkAboutContract 40108-A1 CITY SECRETARY CONTRACT NO.� -A I STATE OF TEXAS § § Renewal of Interlocal Agreement Court Order No. 107821 COUNTY OF TARRANT § Project: Dirks Road BACKGROUND 1. Tarrant County ("COUNTY'S and the City of Fort Worth ("CITY") entered into an Agreement located in Tarrant County Commissioners Court Order No. 107821, for the cooperative funding of improvements to Dirks Road ("Project"") as described in the 2006 Tarrant County Bond Program. 2. The Project is not complete and the COUNTY and the CITY desire to renew the Agreement for the 2011 Fiscal Year. Therefore, the COUNTY and CITY agree to the following 1. The COUNTY and the CITY renew the Agreement for the COUNTY's 2011 Fiscal Year with the Agreement to expire September 30, 2011 or the completion of the Project as determined by the COUNTY, whichever occurs sooner. 2. The COUNTY and CITY agree to the revised payment schedules. 3. All terms and conditions of the original Agreement as amended remain in effect except to the extent modified by this Renewal. APPROVED on this day the ZCD day of ()C��V)e.P , 2010 by Tarrant County. Commissioners Court Order No. TARRANT COUNTY STATE OF TEXAS CITY �5> r County Judge Signature Attested by: Contract Authorization I , ,O Marty HendrYx, City Secre p*. 0'000aoo �y 0a 4 QU x�d�O Date o d o 00000000 Interlocal Agreement Transportation Bond 2006-2007 •' " ��� CERTIFICATION OF AVAILABLE FUNDS M THE AMOUNT OF Certification of Funds Available as follows: Fiscal year ending September 30, 2007 $ Fiscal year ending September 30, 2008 $ Fiscal year ending September 30, 2009 $ Fiscal year ending September 30, 2010 $ Fiscal year ending September 30, 2011 $1,600,000 All future years funding is contingent on future debt issuance and renewal of this contract Fiscal year ending September 30, 2012 $400,000 Fiscal year ending September 30, 2013 $ Fiscal year ending September 30, 2014 $ Fiscal year ending September 30, 2015 $ Fiscal year ending September 30, 2016 $ --------------------------------- � � C_ 7 $2,000,000 Auditor's Office APPROVED AS TO FORM; APPROVED AS TO FORM AND CONTENT District Att V's Office* City orn *By law, the District Attorney's Office may only advise or approve agreements or legal documents on behalf of its clients. It may not advise or approve a agreement or legal document on behalf of other parties. Our review of this document was conducted solely from the legal perspective of our client. Our approval of this document was offered solely for the benefit of our client. Other parties should not rely on this approval, and should seek review and approval by their own respective attorney(s). Interlocal Agreement Transportation Bond 2006-2007 Page 2 ATTACHMENT A Proiect Information City: City of Fort Worth Project Name: Widening of Dirks Road Proposed Proiect Schedule Start Date Duration(mo) End Date Design: - - - ROW Acquisition: - - Utility Relocation: - - Construction: Aug-2010 14 Oct-2011 * COUNTY payments by completed phase are contingent upon the COUNTY'S reasonable determination that the work regarding the project phase for which payment is expected is successfully completed, as determined by the COUNTY. COUNTY plans to issue debt for all phases of this project, therefore payment remains contingent on debt issuance in accordance with applicable law. Once Construction commences, COUNTY payment shall be made by fiscal quarter prorated over the life of the construction but contingent upon reasonable progress in construction as may be determined by the COUNTY. Proposed County Payment by Phase Design: $ ROW Acquisition: $ Utility Relocation: $ Construction: $2,000,000 County Funding Total: $2,000,000 Proposed County Payment by Calendar Quarter(SUBJECT TO CHANGE) 1 st Quarter 2nd Quarter 3rd Quarter 4th Quarter 2007 $ $ $ 2008 $ $ $ $ 2009 $ $ $ $ 2010 $ $ $ $400,000 2011 $400,000 $400,000 $400,000 $400,000 2012 $ $ $ $ 2013 $ $ $ $ 2014 $ $ $ $ 2015 $ $ $ $ 2016 $ $ $ $ Interlocal Agreement Transportation Bond 2006-2007 page 3