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Home My WebLink AboutIR 10549 INFORMAL REPORT TO CITY COUNCIL MEMBERS No. 21-10549 To the Mayor and Members of the City Council March 9, 2021 Page 1 of 4 i i7 Y SUBJECT: 2021 TARRANT COUNTY TRANSPORTATION BOND PROGRAM r6 rn Yg7'3 The purpose of this report is to provide the City Council with information on Tarrant County's plan for a $400 million transportation bond program, with the bond election in November 2021. The City received official notice of the bond program on January 28, 2021. Transportation and Public Works (TPW) staff has reviewed the County's bond policy, criteria and three main funding categories to identify eligible projects with the best opportunity for County bond funding. The funding categories include a general Call for Projects, Discretionary, and Countywide Initiatives and Partnerships, as described below. Call for Projects The Call for Projects category is funded up to $200 million. The local match will be at least 50% of the total project cost. TPW plans to submit arterial projects, intersection improvements and traffic signal improvements, with the expectation that 2022 City bond program funds would provide the bulk of the local match, along with available transportation impact fee funds and other sources as available. The County will establish a Project Evaluation Committee to develop a Priority List of Projects that will be subject to Commissioners Court modification and approval. Discretionary The Discretionary projects category is funded up to $75 million. This category allocates $15 million to each of the five Commissioners Court members for any transportation related project described in the policy. TPW staff are meeting with Commissioners to share with them projects planned in their precincts. Projects in this category will be selected by Commissioners Court members. Countywide Initiatives and Partnerships The Countywide Initiatives and Partnerships category is funded up to $125 million. This category will reserve funding for strategic projects identified by the Commissioners Court aimed at providing multi- jurisdictional benefits and enhancing financial leveraging opportunities. Projects in this category will be selected by the Commissioners Court. Funding Summary The table below shows the breakdown of estimated costs currently identified for City funding and Tarrant County bond funding. Summary Total Project City 2022 Bond & 2021 Tarrant Cost Other Funding County Bond Arterials $302,300,000 $153,150,000 $149,150,000 Intersections $32,800,000 $16,400,000 $16,400,000 Traffic Signals $9,000,000 $4,500,000 $4,500,000 Grade Separated $60,000,000 $30,000,000 $30,000,000 Railroad Crossings Total $404,100,000 $204,050,000 $200,050,000 Arterials The following proposed arterial projects are to be built to mitigate congestion, enhance safety, improve connectivity, and promote economic development. Arterial projects are identified on the attached map by their project evaluation ranking number. The projects may change based on discussions with City Council and Tarrant County. ISSUED BY THE CITY MANAGER FORT WORTH, TEXAS INFORMAL REPORT TO CITY COUNCIL MEMBERS No. 21-10549 To the Mayor and Members of the City Council March 9, 2021 Page 2 of 4 i SUBJECT: 2021 TARRANT COUNTY TRANSPORTATION BOND PROGRAM r rn Yg73 Project Amount Eligible Evaluation Arterial Council County Estimated Total for County 50% Ranking Project Limits District Precinct Project Cost Bond Match 1 Trinity Blvd - Salado Trail to 5 1 $11,200,000 $5,600,000 Phase 2 Thames Trail 2 Cromwell Boat Club to 2 4 $31,000,000 $14,500,000 Marine Creek Marine Creek Blvd Pkwy 3 Avondale Willow Creek 7 3 $44,900,000 $21,450,000 Haslet Rd Drive to east Fort Worth city limit (John Day Rd) 4 Bonds Ranch US Hwy 287 SB SR 7 3,4 $20,800,000 $10,400,000 Rd and Wagley to Wagley Robertson Rd Robertson Rd 5 W J Boaz Rd Boat Club Rd (FM 2,7 4 $20,800,000 $10,400,000 West Half 1220)to Elkins School Rd 6 Park Vista Blvd Keller Haslet Rd - 7 3 $4,800,000 $2,400,000 415' N Timberland 7 Ray White Rd Mirage Drive - 4 3 $9,600,000 $4,800,000 South Wall Price Keller 8 Keller Hicks Rd Lauren Way- Park 7 3 $9,600,000 $4,800,000 Vista Blvd 9 Ray White Rd Wall Price Keller 4 3 $13,000,000 $6,500,000 North Rd to bridge north of Cam rose St 10 Meacham Blvd FM156 to IH-35W 2 4 $34,300,000 $17,150,000 Phase 2 11 Heritage Trace Wagley Robertson 7 3 $51,200,000 $25,600,000 Pkwy 1 Rd to Saginaw Boulevard 12 Everman Rosedale Springs 8 1 $51,100,000 $25,550,000 Parkway(grade Ln to Cameron separated Hills Pt crossing) TOTAL $302,300,000 $149,150,000 ISSUED BY THE CITY MANAGER FORT WORTH, TEXAS INFORMAL REPORT TO CITY COUNCIL MEMBERS No. 21-10549 To the Mayor and Members of the City Council March 9, 2021 Page 3 of 4 i i7 Y SUBJECT: 2021 TARRANT COUNTY TRANSPORTATION BOND PROGRAM r6 rn Yg7'3 Intersections The following proposed intersection projects are for the construction of capacity improvements, safety improvements, and the reconstruction of intersections and necessary appurtenances, including traffic signal devices. Intersection projects are identified on the attached map by their project evaluation ranking number. The projects may change based on discussions with City Council and Tarrant County. Project Estimated Proposed Evaluation Total Project Bond Ranking Intersection Project CD Cost Funding 1 Jacksboro Hwy @ W Northside Dr/N University Dr(TxDOT) 2 $1,600,000 $800,000 2 McCart Ave @ Westcreek Dr 6 $2,600,000 $1,300,000 3 Camp Bowie Blvd @ Bryant Irvin Rd (TxDOT) 3 $3,000,000 $1,500,000 4 Camp Bowie Blvd @ Horne St (TxDOT) 3 $2,700,000 $1,350,000 5 N Tarrant Pkwy @ N Beach St 4 $4,500,000 $2,250,000 6 Altamesa Blvd @ Woodway Dr 6 $3,000,000 $1,500,000 7 Forest Hill Dr @ Royal Crest 8 $2,700,000 $1,350,000 8 E Berry St @ S Riverside Dr(TxDOT) 8 $2,900,000 $1,450,000 9 Trinity Blvd @ Euless South Main St 5 $2,000,000 $1,000,000 10 S Hulen St @ W Risinger Rd 6 $2,700,000 $1,350,000 11 Bryant Irving Rd @ Oakmont Blvd 6 $1,600,000 $800,000 12 Main St Downtown Signal Corridor(seven signals) 9 $3,500,000 $1,750,000 TOTAL $32,800,000 $16,400,000 Traffic Signals The following proposed traffic signal projects will provide for the installation of new traffic signals to increase mobility, enhance safety, reduce congestion, and improve connectivity on signal warranted intersections. Traffic Signal projects are identified on the attached map by their project evaluation ranking number. The projects may change based on discussions with City Council and Tarrant County. Project Estimated Proposed Evaluation Project Total Bond Ranking Traffic Signal Project CD Cost Funding 1 Brentwood Stair Rd & Cooks Ln 5 $600,000 $300,000 2 Ephriham Ave & 24th St 2 $600,000 $300,000 3 John T White & Cooks Ln 5 $600,000 $300,000 4 Trinity Blvd and Reggis Ct 5 $600,000 $300,000 5 John T White & Sandy Ln 5 $600,000 $300,000 6 N. Beach Street @ Ray White Rd 5 $600,000 $300,000 7 Bailey Boswell Rd &Twin Mill Blvd 7 $600,000 $300,000 8 Alta Vista Rd & Bray Birch Dr 7 $600,000 $300,000 ISSUED BY THE CITY MANAGER FORT WORTH, TEXAS INFORMAL REPORT TO CITY COUNCIL MEMBERS No. 21-10549 To the Mayor and Members of the City Council March 9, 2021 Page 4 of 4 i i7 Y SUBJECT: 2021 TARRANT COUNTY TRANSPORTATION BOND PROGRAM r6 IV JAL 1075 9 Western Center Blvd & Sandshell Rd 4 $600,000 $300,000 10 Basswood Blvd & Old Santa Fe Trail 2 $600,000 $300,000 11 Race St& Shelby Rd/Everman Pkwy 8 $600,000 $300,000 12 Wichita Stand Martin St 8 $600,000 $300,000 13 Summer Creek Rd and W Risinger Rd 6 $600,000 $300,000 14 Granbury Rd and Welch Ave 6 $600,000 $300,000 15 Forest Park Blvd and W 10th St 9 $600,000 $300,000 TOTAL $9,000,000 $4,500,000 Schedule Date Purpose March-April 2021 Coordinate with City Council, Tarrant County, and NCTCOG March 9 Informal Report to City Council Briefing to Infrastructure and Transportation Committee March 23 and 27 City public meetings (2) April 6 City Council Resolution of support and certifying local funding commitment April 16 Tarrant County project applications due May-August Tarrant County project evaluation August-September Commissioners Court approval November Tarrant County Transportation Bond Election May 2022 Proposed City Bond Election For any questions on this report, please contact William Johnson, Transportation and Public Works Director, at 817-392-7801. David Cooke City Manager ISSUED BY THE CITY MANAGER FORT WORTH, TEXAS r , C, OUNTiY PRECINCT 3 • 82 i COUNTY PRECINCT 1 IN 20 8zo s 20 20 Q COUNTY PRECINCT 1 F �►�■��► - - N