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HomeMy WebLinkAbout(0087) M&C 19-0406City of Fort Worth, Mayor and Texas Council Communication DATE: 12/17/19 M&C FILE NUMBER: M&C 19-0406 LOG NAME: 20N RIVERSIDE DR FROM N TARRANT TO OLD DENTON RD SUBJECT Authorize the Execution of a Contract with McMahon Contracting LP in the Amount of $8,907,940.57 for Construction of North Riverside Drive from North Tarrant Parkway to Old Denton Road, Adopt Appropriation Ordinances and Amend the FY 2020-2024 CIP (COUNCIL DISTRICT 4) RECOMMENDATION: It is recommended that the City Council: 1. Adopt the attached Appropriation Ordinance increasing the estimated receipts and appropriations in the North Riverside Dr - N Tarrant to Old Denton Rd project (City Project CO2272) in the amount of $3,000,000.00 from available funds within the Transportation Impact Fee Cap Fund (30108), 2. Adopt the attached Appropriation Ordinance increasing the estimated receipts and appropriations in the North Riverside Dr - N Tarrant to Old Denton Rd project in the amount of $86,000.00 from available funds within the Stormwater Capital Projects Fund; 3. Authorize the execution of a construction contract with McMahon Contracting LP in the amount of $8,907,940.57 for North Riverside Dr - N Tarrant to Old Denton Rd project (City Project No. CO2272); and 4. Amend the FY 2020-2024 CIP by increasing funding in the North Riverside Dr - N Tarrant to Old Denton Rd project by $3,086,000.00. DISCUSSION: The 2014 Bond Program provides funding for improvements to North Riverside Drive from a two-lane roadway to a four -lane divided arterial street between North Tarrant Parkway and Old Denton Road. Two new travel lanes will be constructed on the west side of the existing roadway and the existing east half is designated to be rehabilitated or replaced where new pavement is warranted. The project includes turn lanes, median openings, sidewalks, streetlights, roundabouts and shared use paths as necessary to improve overall connectivity. The majority of the construction contract will be funded through the 2014 Bond Program. Available resources within the General Fund will be used to provide interim financing for these expenses until debt is issued. Once debt associated with this project is sold, bond proceeds will reimburse the General Fund in accordance with the statement expressing official Intent to Reimburse that was adopted as part of the ordinance canvassing the bond election (Ordinance No. 21241-05-2014). In addition to bond funds, transportation impact fee revenues will be used to fund the construction of the western half of the roadway. Transportation impact fees will be used to complete the construction of N Riverside Dr, as well as acquire right-of-way, design and construct the northern lanes of Summerfields Blvd from N Riverside Dr east to Cannonwood Dr. This project is located in Transportation Impact Fee Service Area D and was included in the adopted 2017 Transportation Impact Fee Study as projects D-21, D- 29, D-30 and D-31. North Riverside Drive from North Tarrant Parkway to Old Denton Road was advertised August 15, 2019 and August 22, 2019 in the Fort Worth Star -Telegram. On September 19, 2019 the following bids were received; Contractor Total Bid McMahon Contracting LP $8,907,940.57 Texas Bit 11 $10,193,295.71 Pavecon Public Works $10,448,076.19 Texas Sterling Construction Company $11,050,756.55 Jackson Construction $11,893,486.75 The project will begin in Spring 2020 and is scheduled to be complete in Summer 2021. The Right -of -Way and traffic divider maintenance impact is expected to begin in June 2021. Beginning in Fiscal Year 2021, the Right -of -Way and traffic divider maintenance impact is anticipated to be $3,915.00 annually. This additional appropriation for this project was not included in the FY2020-2024 Capital Improvement Plan. Recently an opportunity was identified to leverage transportation impact fees and expand the project scope. The action in this M&C will amend the FY2020-2024 Capital Improvement Plan. MWBE OFFICE - McMahon Construction is in compliance with the City's BDE Ordinance by committing to 15.00% MBE participation on this project. The City's MBE goal on this project is 15%. The project is located in COUNCIL DISTRICT 4. FISCAL INFORMATION / CERTIFICATION: The Director of Finance certifies that upon approval of the above recommendations and adoption of the attached appropriation ordinances, funds will be available in the Transportation Impact Fee Capital (Trans Impact Fee Cap) Fund, and the Stormwater Capital Projects Fund. Prior to an expenditure being incurred, the Transportation & Public Works Department has the responsibility of verifying the availability of funds. Submitted for City Manager's Office by. Dana Burghdoff 8018 Originating Business Unit Head: William Johnson 7801 Additional Information Contact: Monty Hall 8662