HomeMy WebLinkAboutContract 33412 CITY SECRETARY /
CONTRACT NO.
CITY OF FORT WORTH, TEXAS
ADVANCE FUNDING AGREEMENT
This AGREEMENT is between the City of Fort Worth (the "CITY"), and Legacy Capital
Company ("DEVELOPER"), for a PROJECT generally described as review of the proposed:
Whereas, DEVELOPER has requested CITY to enter into a Local Project Funding Agreement
(LPAFA) for Voluntary Transportation Improvement Projects (Off-System) with the State of
Texas, hereinafter referred to as the "State", for a review of schematic, NEPA document and
construction plans for the reconstruction of the northbound US 81/US 287 exit ramp and
frontage road 2500 feet south of Avondale Haslet Road to Avondale Haslet Road ; and
Whereas, DEVELOPER has agreed to be responsible for and to pay for all expenses incurred
by the CITY in connection with the LPAFA.
Now, therefore, CITY and DEVELOPER agree as follows:
Article I
Scope of Services
The DEVELOPER agrees to deliver to the CITY and State 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 the State'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 State. All work will be performed in
accordance with the Standard Specifications for Construction and Maintenance of Highways,
Streets, and Bridges adopted by the State and incorporated herein by reference, or special
specifications approved by the State.
Article II
Compensation
Contemporaneously with the execution of this agreement, DEVELOPER shall deposit the sum
of $15,000 with CITY for reimbursement of the costs to be incurred by the CITY under its
agreement with the State.
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 with the State.
DEVELOPER agrees to reimburse CITY for any additional actual costs that CITY is required
to reimburse the State under the Master Advanced Funding Agreement existing between the
State and CITY.
Article III
City Responsibilities
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.
i
Executed in Fort Worth, Texas, this the day of , 2006:
ATTEST: CITY OF FORT WORTH
MartyHendrix Marc A. Ott
City Secretary Assistant City Manager
APPROVED AS TO FORM APPROVAL RECOMMENDED
AND L ALITY
y Robert D. Goode, P.E., Director
Assistant/City Attorney Transportation/Public Works Department
Legacy Capita Corporation contract Authorization
Date
Peter M Aber
Legacy C#Itai Company
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City of Fort Worth, Texas
Mayor and Council Communication
COUNCIL ACTION: Approved on 1/19/2006 - Ordinance No. 16766-01-2006
DATE: Thursday, January 19, 2006
LOG NAME: 20AVONDALEHASLE REFERENCE NO.: **C-21252
SUBJECT:
Authorize Execution of a Local Project Advance Funding Agreement with the Texas Department of
Transportation, Adopt Appropriation Ordinance and Authorize Execution of a Advance
Funding Agreement with Legacy Capital Company for the Schematic Design Review of Exit Ramps
Located at Avondale Haslet Road and Highway 287
RECOMMENDATION:
It is recommended that the City Council:
1. Authorize the City Manager to accept $15,000.00 from Legacy Capital Company and to execute an
Advance Funding Agreement with the Legacy Capital Corporation for the review of a schematic design plan
for exit ramps located at Avondale Haslet Road and Highway 287;
2. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the
Street Improvements Fund in the amount of$15,000.00;
3. Authorize the City Manager to execute a Local Project Advance Funding Agreement with the Texas
Department of Transportation (TxDOT) in the amount of $15,000.00 for review of the schematic design
plans for exit ramps, as requested by Legacy Capital Company, located at Avondale Haslet Road and
Highway 287; and
4. Authorize payment to TxDOT in the amount of $15,000.00 for review of the schematic design plans for
the project.
DISCUSSION:
Mr. Peter M. Aberg, developer, Legacy Capital Company, is submitting schematic designs for exit ramps
located at Avondale Haslet Road and Highway 287 (Please see attached graphics). The proposed design
includes:
Relocating northbound exit to Avondale Haslet Road approximately 1,000 feet south of the existing
exit ramp;
• Converting frontage road from two-way traffic to one way traffic; and
• Reconstructing gravel frontage road to paved cross section.
Legacy Capital Company has requested that the City submit the plans to the Texas Department of
Transportation (TxDOT) for review. The Texas Transportation Commission Minute Order Number 108410
authorizes TxDOT to review schematic plans and TxDOT to prepare a Local Project Advance Funding
Agreement with the City in the amount of$15,000.00 for review of the plans.
Transportation staff prepared an Advance Funding Agreement with the Legacy Capital Company to
http://www.cfwnet.org/council_packet/Reports/mc_print.asp 4/21/2006
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reimburse the City for cost incurred by the City under its agreement with TxDOT.
The project is located in COUNCIL DISTRICT 7.
FISCAL INFORMATION/CERTIFICATION:
The Finance Director certifies that upon approval of the above recommendation and adoption of the
attached appropriation ordinance funds will be available in the current capital budget, as appropriated, of
the Street Improvements Fund. The Transportation and Public Works Department will be responsible for
the collection of funds.
TO Fund/Account/Centers FROM Fund/Account/Centers
C115 488100 020115021228 $15,000.00 C115 531200 020115021228 $15,000.00
C115 531200 020115021228 X15,000.00
Submitted for City Manager's Office by: Marc Ott (8476)
Robert Goode (7804)
Originating Department Head: Christa Sharpe (8009)
Additional Information Contact: Mark Rauscher (2446)
http://www.cfwnet.org/council_packet/Reports/mc_print.asp 4/21/2006