HomeMy WebLinkAboutResolution 3679-11-2008A Resolution
NO 3679-11 2008
A RESOLUTION REQUESTING THAT THE NORTH CENTRAL TEXAS COUNCIL OF
GOVERNMENTS FUND INTERCHANGE AND RAMP IMPROVEMENTS AT WALSH RANCH
PARKWAY AND MINOR ARTERIAL 1 WITH I 30
WHEREAS the City Council recognizes the importance of the orderly and sustainable
development of the Crty of Fort Worth, and
WHEREAS the City Council authorized an economic development agreement vv~th Walsh
Ranch Limited Partnership, a Texas hmrted partnership ("WRLP") The Walsh Children s Trusts (the
`C Trusts"), The Walsh Grandchildren s (the `G Trusts") and F Howard Walsh, Jr ("FHWJr ')
(WRLP the C Trusts, the G Trusts, and FWHJr being collectively referred to as `Owner") for the
development of approximately 7,500 acres wrtlun the Crty of Fort Worth (City Secretary Contract No
28585 as amended by City Secretary Contract No 32205) and
WHEREAS the Crty of Fort Worth has invested over $25 million in extensive water and
sanitary sewer improvements.
WHEREAS, improvements to Walsh Ranch Parkway and Minor Arterial 1 are needed for the
successful development of the Walsh Ranch, and
WHEREAS, the construction of the arterial improvements and associated I 30 interchanges will
improve safety and access along the I 30 corridor and wrthun the Crty of Fort Worth and Tarrant and
Parker Counties, and
WHEREAS these arterial improvements are consistent with the City's Comprehensive Plan, and
WHEREAS the Crty and Owner will provide environmental documents and right-of way and
design and fund connection arterial improvements, and
WHEREAS the Crty and Owner will provide architectural enhancements, schematic and final
engineering, environmental documents, and right-of way for the I 30 interchange and frontage road
improvements,
RESOLUTION NO 3679 11 2008
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF FORT WORTH, TEXAS
That the City request that the North Central Texas Council of Governments (the Regional Transportation
Council -RTC) provide FY 2010 funding for construction of the I 30 interchange improvements
described above
Adopted this 11th day of November 2008
ATTEST
sy
Q~
Mary Hendrix City Secretary
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APPROVEI0
CITY COUNG~'
NOV 1 1 200
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City Secretary of the
City of Fort Worth, Texas
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City of Fort Worth, Texas
Mayor and Council Communication
COUNCIL ACTION Approved on 11/11/2008 Res. No 3679-11 2008
DATE Tuesday November 11 2008
LOG NAME 02WALSHRANCHDEV
REFERENCE NO G 16351
SUBJECT
Adopt a Resolution Requesting that the North Central Texas Council of Governments Fund
Interchange and Ramp Improvements at Walsh Ranch Parkway and Minor Arterial 1 Along
Interstate Highway 30 as Part of the Walsh Ranch Development
RECOMMENDATION
It is recommended the City Council approve the attached resolution requesting the North Central Texas
Council of Governments fund interchange and ramp improvements at Walsh Ranch Parkway and Minor
Arterial 1 along Interstate Highway 30
DISCUSSION
The City of Fort Worth entered into an economic development agreement (M&C C-20876 City Secretary
No 32205) in part of providing for certain infrastructure improvements in the proposed Walsh Ranch
development. The majority of these improvements have been made and the City has invested over $25
million to date in this public/private partnership
Walsh Ranch has requested that the City sponsor an application for regional funding for two proposed
interchanges with Interstate Highway 30 These interchanges will serve Walsh Ranch Parkway (to be
designed funded and constructed by Walsh Ranch) and Minor Arterial 1 (to be designed funded and
constructed by the City in accordance with the development agreement) In addition to the positive benefit
these improvements will have on the development of Walsh Ranch these interchange improvements will
offer operation and safety enhancements to the frontage road system along Interstate Highway 30 and
Interstate Highway 20
The property is located in COUNCIL DISTRICT 3
FISCAL INFORMATION/CERTIFICATION
The Financial Management Services Director certifies that this action will have no material effect on City
funds
TO Fund/AccountlCenters FROM Fund/AccountlCenters
Submitted for City Manager's Office by Fernando Costa (6122)
Originating Department Head Randle Harwood (6101)
Additional Information Contact: Bryan Beck (7909)
Logname. 02WALSHRANCHDEV Page 1 of 1