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HomeMy WebLinkAbout(0054) RESOLUTION Hemphill I30 AFA 8-8-19.PDFA Resolution NO. A RESOLUTION AUTHORIZING THE EXECUTION OF A LOCAL PROJECT ADVANCE FUNDING AGREEMENT WITH THE TEXAS DEPARTMENT OF TRANSPORTATION IN THE AMOUNT OF $81,731.00 FOR MAINTENANCE OF INTERSTATE HIGHWAY 30 BRIDGES AT THE HEMPHILL STREET CONNECTOR PROJECT WHEREAS, On June 20, 2017, the City executed a Local Project Advance Funding Agreement with Texas Department of Transportation (TxDOT) increasing the estimated receipts and appropriations of the Intergovernmental Contribution Fund amount of $3,408,803.00 from Regional Toll Revenue Funds for the construction of the Hemphill Street Connector Project; and WHEREAS, the City of Fort Worth desires to enter into a Local Project Advance Funding Agreement with the Texas Department of Transportation for maintenance of the Interstate Highway 30 Bridges at the Hemphill Street Connector Project which provides for State participation in the amount of $81,731.00. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH, TEXAS: The City Manager is hereby authorized to execute a Local Transportation Project Advance Funding Agreement with the Texas Department of Transportation in the amount of $81,731.00 for the maintenance of Interstate Highway 30 Bridges at the Hemphill Street Connector Project from Lancaster Avenue to West Vickery Boulevard. Adopted this ------ day of ___2019. ATTEST: By' ---- ---------------------------- Mary J. Kayser, City Secretary ORT WORTTI kir