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HomeMy WebLinkAbout(0008) M&C 20-0018City of Fort Worth, Mayor and DATE: 01 /14/20 Texas Council Communication M&C FILE NUMBER: M&C 20-0018 LOG NAME: 20SENDERA RANCH & DIAMONDBACK LANE TRAFFIC SIGNAL IMPROVEMENT SUBJECT Adopt the Attached Appropriation Ordinance Decreasing Appropriations in the 2018 Bond Program Fund and Increasing the Appropriations in the Sendera Ranch Boulevard and Diamondback Lane Signal Improvement Project and Update the FY2020-2024 Capital Improvement Plan (COUNCIL DISTRICT 7) RECOMMENDATION: It is recommended that the City Council adopt the attached Appropriation Ordinance decreasing appropriations in the 2018 Bond Funds Traffic Signal programmable project in the amount of $130,000.00 (City Project number P130006) and increasing appropriations in the Sendera Ranch Boulevard and Diamondback Lane signal improvement project from the 2018 Bond Program Fund in the amount of $130,000.00 for project management, ROW/easements, inspections, material testing, etc. (City Project No. 102036). DISCUSSION: The intersection of Sendera Ranch Boulevard and Diamond Back Lane currently operates as an all -way stop controlled intersection. Drivers routinely experience congestion and delays during peak hours, as well as expected high volume of young pedestrians from Sendera Ranch Elementary School. The proposed traffic signal will improve the traffic flow, reduce the congestion and improve safety for pedestrians by including pedestrian signals, ADA ramps and crosswalks. On May 21, 2019, M&C G-19542 was approved to appropriate $400,000.00 of Transportation Impact Fee Capital Legacy Funds for design and construction of the project and stated that all expenses that are not transportation impact fee eligible will be funded from 2018 Bond Traffic Signal programmable funds. On March 8, 2019, a professional service agreement was executed with IEA, Inc. for transportation on -call design services (CS 52033). Design for these improvements is at 60% and is estimated to be complete in spring of 2020. Funds for this project are included in the 2018 Bond Program. Available resources within the General Fund will be used to provide interim financing until debt is issued. Once debt associated with the 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. 23209- 05-2018). The 2018 Bond Program funding was included in the 2020-2024 Capital Improvement Plan for project PB0006. In order to administratively track the spending of all funding sources in one project, appropriation ordinances are needed to move appropriations from the programmable project to the jointly funded static project. This action will amend the 2020-2024 Capital Improvement Plan. This M&C appropriates $130,000.00 for project management, ROW and easements, inspection and material testing. The estimated construction start date is in summer 2020 pending the ROW acquisitions and utility relocations. Fund Existing Funding Additional Funding Project Total Sendera Ranch and Diamondback Lane Traffic Signal- 102036 Transportation Impact $400,000.00 $0.00 $400,000.00 Fee Legacy Funds 2018 Bond Fund — $0.00 $130,000.00 $130,000.00 34018 Project Total $400,000.00 $130,000.00 $530,000.00 This project is located in COUNCIL DISTRICT 7. A Form 1295 is not required because: This M&C does not request approval of a contract with a business entity. FISCAL INFORMATION / CERTIFICATION: The Director of Finance certifies upon approval of the above recommendations and adoption of the attached appropriation ordinance, funds will be available in the 2018 Bond Program 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