HomeMy WebLinkAboutResolution 4111-08-2012A Resolution
NO. 4111 -08 -2012
A RESOLUTION AUTHORIZING THE EXECUTION OF A LOCAL PROJECT ADVANCE
FUNDING AGREEMENT WITH THE TEXAS DEPARTMENT OF TRANSPORTATION IN
THE AMOUNT OF $37,136,500.00 FOR THE CONSTRUCTION OF A FOUR LANE
HENDERSON STREET (SH 199) BRIDGE OVER THE FUTURE TRINITY RIVER VISION
BY -PASS CHANNEL
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 Advanced Funding
Agreement (LPAFA); and
WHEREAS, the Texas Transportation Commission passed Minute Order 113102, dated
July 26, 2012 that provides for the development of, and funding for, the project described herein;
and
WHEREAS, the City of Fort Worth desires to enter into a Local Project Advance Funding
Agreement with the Texas Department of Transportation for TxDOT to construct the Trinity
River Vision Henderson Street (SH 199) Bridge Project.
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 Transportation Project
Advance Funding Agreement (LPAFA) with the Texas Department of Transportation in the
amount of $37,136,500.00 for TxDOT to construction a four lane bridge on Henderson Street (SH
199) over the future Trinity River Vision By -Pass Channel.
Adopted this 7th day of August 2012.
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Co pyright 2011 City of Fort Worth. Unauthorized reproduction is a violation of applicable laws.
This product is for informational purposes and may not have been prepared for or be suitable for legal, engineering, or surveying
purposes. It does not represent an on-the-ground survey and represents only the approwmate relative location of property boundaries.
The City of Fort Worth assumes no responsibility for the accuracy of said data.
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City of Fort Worth., Texas
Mayor and Council Communication
. ............ . .......... .._
COUNCIL ACTION: Approved on 8/712012 - Resolution No. 4111-08-2012
-1- 11 "mill 11 hm-11
DATE: Tuesday, August 07, 2012 REFERENCE NO.: C-25776
LOG NAME: 20TRV HENDERSON STREET BRIDGE
SUBJECT:
Adopt Resolution Authorizing Execution of a Local Project Advanced Funding Agreement with the Texas
Department of Transportation in the Amount of $37,136,500.00 for Construction of a New Four Lane
Henderson Street Bridge (COUNCIL DISTRICTS 2 and 9)
RECOMMENDATION:
It is recommended that the City Council:
1. Adopt the attached resolution authorizing the execution of a Local Project Advanced Funding
Agreement with the Texas Department of Transportation in the amount of $37,136,500.00 for construction
of a new four lane Henderson Street Bridge; and
2. Authorize pre-payment to Texas Department of Transportation in the amount of $6,631,831.00 for
City's portion of construction costs in accordance with the Local Project Advanced Funding Agreement.
DISCUSSION:
Execution of this Local Project Advance Funding Agreement (Funding Agreement) in the amount of
$37,136,500.00 allows for federal, state, regional, and local funding participation to construct a new four
lane Henderson Street Bridge over the future Trinity River By-Pass Channel as part of the Trinity River
Vision Central City Project. Funding includes $12,144,013.00 in federal funds, $2,300,906.00 in state
funds, $7,500,000.00 in Regional Toll Revenue funds and $15,191,581.00 in Local funds for a total in the
amount of $37,136,500.00.
The 2004 and 2008 City of Fort Worth Capital Improvement Programs included $14,700,000.00 for bridge
and street improvements and related infrastructure as part of the Trinity River Vision Central City Project.
On September 11, 2007, (M&C C-22381) the City Council approved the execution of a Local Project
Advance Funding Agreement in the amount of $3,341,072.00 with the Texas Department of
Transportation (TxDOT) for Preliminary Engineering of the three new bridges (Henderson Street, North
Main Street and White Settlement Road) over the future Trinity River By-Pass Channel.
On December 15, 2009, (M&C C-24004) the City Council authorized an Engineering Services Agreement
in the amount of $3,764,201.00 as part of the Trinity River Vision Central City Project for evaluation and
final design of bridges at North Main Street and Henderson Street and 30 percent final design of the White
Settlement Road Bridge.
Funding for the City's portion of construction costs is from the 2008 Bond Program and will be paid to
TxDOT.
Logname: 20TRV HENDERSON STREET BRIDGE Page I of 2
This project is located in COUNCIL DISTRICTS 2 and S.K8mpsoo82T.82U and 62Y and will benefit ALL
COUNCIL DISTRICTS.
CERTIFICATION: FISCAL INFORMATION /
The Financial Management Services Director certifies that funds are available in the current capital
CERTIFICATIONS: budget, as appropriated, of the Street Improvement 2008 Fund.
FUND CENTERS:
TO Fund/Account/Centers
Submifted for City Manager's Office by:
Originating Department Head:
Additional Information Contact:
FROM Fund/Account/Centers
2) C204 106000 000000014400
Fernando Costa (6122)
Douglas W. Wimroi0 (7801)
Jim Walker (8009)
UovdJodray (]702)
$6,631,831.00
Lognuoze:20TR\/fIENDEQ8(}N STREET BRIDGE Page 2of2