HomeMy WebLinkAboutResolution 4125-09-2012A Resolution
NO. 4125-09-2012
A RESOLUTION AUTHORIZING EXECUTION OF A LOCAL PROJECT ADVANCE
FUNDING AGREEMENT WITH THE TEXAS DEPARTMENT OF TRANSPORTATION IN
AN AMOUNT NOT TO EXCEED $13,200,000.00 TO CONSTRUCT THE NORTH RIVERSIDE
DRIVE BRIDGE OVER IR-820
WHEREAS, a Master Funding Agreement between the City of Fort Worth and the
Texas Department of Transportation ("State") has been adopted and states the general
terms and conditions for transportation projects developed through a Local Project
Advance Funding Agreement (LPAFA); and
WHEREAS, the Texas Transportation Commission passed Minute Orders Numbered 111335
dated April 24, 2008, 111.552 dated October 30, 2008 and 110266 dated October 27, 2005 that
collectively authorize the State to undertake and complete a highway improvement generally described
as an underpass bridge located at N. Riverside Drive and IH-820 comprised of two northbound lanes,
two southbound lanes and sidewalks on both sides by change order to North Tarrant Express (NTE)
Project CSJ: 0008-14-059; and
WHEREAS, the City of Fort Worth desires to enter into a Local Project Advance Funding
Agreement with the Texas Department of Transportation for design and construction of the N. Riverside
Bridge over IH-820;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF FORT WORTH, TEXAS:
The City Manager or his designee is authorized to execute a Local Project Advance Funding
Agreement with the Texas Department of Transportation in an amount not to exceed $13,200,000.00 for
the design and construction of the N. Riverside Bridge over IH-820.
Adopted this 11 1h day of September, 2012.
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ATTEST:
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Mary Kayser, S retary 00000,00 00 *a
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City of Fort Worth, Texas
Mayor and Council Communication
Ac
�",COVNOL ltoic', Approved! on
DATE: Tuesday, September 11'2U12 REFERENCE NO.: C-25820
LOG NAME: 2OR|VERS|DEDRIVE BRIDGE OVER |H82U
.
Adopt Resolution Authorizing Execution ofa Local Project AdvmnteFundingAgremmmntwiththmTex8S
Department of Transportation in the Amount Not to Exceed $13,200,000.00 for Design and Construction of
the North Riverside Drive Bridge Over Interstate Highway 820 (COUNCIL DISTRICT 4)
RECOMMENDATION:
bim recommended that the City Council:
1. Adopt the attached resolution authorizing the execution ofm Local P Advance Funding Agreement
with the Texas Department of Transportation in the amount not to exceed $13,200,000.00 to construct the
North Riverside Drive Bridge over |H-82O; and
2. Authorize a payment to Texas Department of Transportation in the amount not to exceed
$13,200,000.00 for the design and construction of the North Riverside Drive Bridge over IH-820.
Execution of this Local Project Advance Funding Agreement allows the Texas Department of
Transportation (TxDOT) to construct the four lane North Riverside Drive Bridge over IH-820. This project
was included in the 2008 Bond Program and will be executed by TxDOT through its Comprehensive
Development Agreement (CDA) project under contract with NTE Mobility Partners, LLC
(NTEK1P). NTEyWPia the overall developer for the |H'82O corridor improvements. Design of the bridge ia
being coordinated by NTEMP through its subcontractor, AECOM, Inc., and is anticipated to be constructed
by Bluebonnet CVntnaotono, LLC. Pursuant to the CDA. NTEMPvvi|| maintain the bridge through the
duration of its contract with TXDOT which will extend for 52 years from the date of completion. Estimated
start o[ construction is December 2012.
Funding for the design and construction costs in the amount not to exceed $13,200,000.00 for the North
Riverside Bridge over |H-820 will be paid hoTx[JOT from the 2U08 Bond Program and will be recorded ao
cash being held by TxDOT as Trustee. For internal accounting purposes, once oonotnVCtiOO begins' funds
CERTIFICATION: will be expended based on progress reports as they are received from TxDOT.
This project is located in COUNCIL DISTRICT 4
FISCAL INFORMATION /
The Financial Management Services Director certifies that funds will be available upon the appropriation
of the 2012 General Obligation Bond Sale into the Street Improvements 2008 Fund.
Lognamn:20RIVBRSDDE DRIVE BRIDGE OVER lB82O Pagelof2
FUND CENTERS:
TO Fund/Account/Centers
CERTIFICATIONS:
Submitted for City Manager's Office by:
Originating Department Head:
Additional Information Contact:
FROM Fund/Account/Centers
C204 106000 000000181200
Fernando Costa (6122)
Douglas W. Wiersig (7801)
Dennis Ingram (2294)
$13,200,000.00
Lognarne: 20RIVERSIDE DRIVE BRIDGE OVER IH 820 Page 2 of 2