HomeMy WebLinkAboutResolution 2735A Resolution
No :2.'75
A RESOLUTION APPROVING A LOCAL TRANSPORTATION
PROJECT ADVANCE FUNDING AGREEMENT WITH THE TEXAS
DEPARTMENT OF TRANSPORTATION FOR A CONGRESSIONAL
HIGH PRIORITY PROJECT FOR A NEW INTERCHANGE AT
IH -35W AND NORTH TARRANT PARKWAY
WHEREAS, the Transportation Equity Act for the 21 sc Century
(TEA 21) established a Congressional High Priority Program to increase
safety, access, and transportation mobility on the Interstate Highway
System, and
WHEREAS, the Texas Transportation Commission approved a new
interchange at IH 35W and North Tarrant Parkway under the Texas
Department of Transportation (TxDOT) Discretionary Program, and
WHEREAS, the total estimated cost for the project is $6,654,761
The Federal and State participation is estimated to be $5,722,843 of the
actual cost of the project and the City participation is estimated to be
$931918 of the actual cost of the project, and
WHEREAS, the scope of work for the new interchange at IH 35W
and North Tarrant Parkway consists of the following
• TxDOT will fund 100% of the construction of the North
Tarrant Parkway bridge over IH 35W including approaches
• The City will find 100% of the construction of the ramps and
frontage roads above the fixed amount of federal funding,
which is $5 385,453 less all applicable preliminary engineering
charges for the development of the plans, specifications, and
estimates package
CITY OF FORT WORTH
• The City will provide the plans, specifications, and estimates
package for construction of the interchange including the
bridge, ramps, and frontage roads
• The City will be reimbursed eighty percent (80 %) for the
development of the plans, specifications, and estimates
package
NOW THEREFORE , BE IT RESOLVED BY THE CITY COUNCIL
OF THE CITY OF FORT WORTH, that the City Council authorizes the
City Manager to execute a Local Transportation Project Advance Funding
Agreement with the Texas Department of Transportation for a Congressional
High Priority Project for a new interchange at IH 35W and North Tarrant
Parkway
ADOPTED this Jr' day of `j UVW , 2001
k� Mayor Kenneth Barr
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APPROVED AS TO FORM AND LEGALITY
Assistant City Attorney
CITY OF FORT WORTH
APPROVED
CITY COUNCIL
JUN 5 2001
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