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HomeMy WebLinkAboutResolution 3003A Resolution NO ~~ RESOLUTION AUTHORIZING APPROVAL OF A REDUCTION IN SCOPE IN THE 1998 CAPITAL IMPROVEMENT PROJECT, BELLAIRE DRIVE SOUTH, AND APPROVING USE OF 1998 CIP FUNDS INITIALLY ALLOCATED FOR BELLAIRE DRIVE SOUTH TO SUPPLEMENT FUNDING FOR THE 121 TOLLWAY PROJECT WHEREAS, funds in the amount of $3 040 000 were allocated in the 1998 Capital Improvement Project (CIP) for the construction of Bellaire Drive South from the South Connection (Terminus) to Bryant Irvin WHEREAS, on February 28 2003 (Resolution 2923) the City Council adopted a resolution calling for the Locally Preferred Alternative (LPA) for the City of Fort Worth for State Highway (SH) 121 Tollway prod ect WHEREAS, the LPA called for an alternative arterial configuration m the vicinity of the proposed and funded Bellaire South project WHEREAS, this LPA configuration results in a reduction in the scope of the Bellaire South project as originally proposed specifically the overall length of the Bellaire connection would be reduced by approximately 20% WHEREAS, staff has estimated costs in the amount of $2 440 000 for the design and construction of the segment of the Bellaire South connection that is still necessary WHEREAS, reduction in scope of the Bellaire Drive South project would result in $600 000 in available funds for other bond projects WHEREAS, in each CIP the City Council retains the right to abandon or modify a project if m the Councils opinion, conditions materially change so that the project as proposed is unwise or unnecessary NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH, TEXAS That the City Council 1 Finds that a material change has occurred necessitating reduction of the scope of the Bellaire Drive South Project as originally proposed ,rte 2 Approves a reduction in scope by approximately 20% for the Bellaire South Prod ect 3 Finds that due to this reduction in scope of the Bellaire South project funds in the amount of $600 000 are available for other projects within the Street 1998 Capital Improvement Project proposition 4 Finds that funding was included in the 1998 CIP Street Proposition for the 121 Tollway Project (Southwest Parkway) 5 Declares that it is the intent of the City Council of the City of Fort Worth, Texas that these available funds in the amount of $600 000 be reprogrammed to supplement costs for the 121 Tollway project This Resolution shall be in full force and effect from and after its passage °7~~ e Adopted this _______ day of _ APPROVED AS TO FORM AND LEGALITY ~2~ City Attorney Attachment 2003 ATTEST ~:°~~r-~,, `•. t :~. ? ~, ~, , -^~% ,,• ~,: City Secret rye ~ ~. _~~~' .ti~~ ~`1 APPROVEQ CITY CQ~INC~L 0 CI 7 ~®Q3 ~~ ctey easy os ~~ City o[ Fort ~TarQ.`~,'.!4arr~is