HomeMy WebLinkAbout(0072) M&C 20-0335City of Fort Worth,
Mayor and
DATE: 05/19/20
Texas
Council Communication
M&C FILE NUMBER: M&C 20-0335
LOG NAME: 20RIVERSIDE DR (GOLDEN TRIANGLE TO KELLER HICKS) APPROPRIATION
SUBJECT
Adopt Appropriation Ordinance in the Amount of $1,000,000.00 in the Transportation Impact Fee Capital Legacy Fund for North Riverside Drive
Roadway Improvements and Update the FY 2020-2024 Capital Improvement Plan (2018 Bond Program) (COUNCIL DISTRICT 7)
RECOMMENDATION:
It is recommended that the City Council adopt the attached appropriation ordinance increasing the estimated receipts and appropriations for the
North Riverside Drive, from Golden Triangle Boulevard to Keller Hicks Road, roadway improvements project in the amount of $1,000,000.00 from
available funds within the Transportation Impact Fee Capital Legacy Fund (City Project 101567).
DISCUSSION:
The purpose of this Mayor and Council Communication (M&C) is to adopt the attached appropriation ordinance to supplement existing funding in
the North Riverside Drive project from Golden Triangle Boulevard to Keller Hicks Road (City Project No. 101567) and to update the FY 2020-2024
Capital Improvement Plan (CIP).
North Riverside Drive, within this project's limits, is approximately 2500 linear feet in length and identified in the City's Master Thoroughfare Plan as
a 4-lane commercial connector with sidewalks. The proposed project will improve the existing road from 2 to 4 lanes, by constructing the eastern 2
lanes of North Riverside Drive, including the related drainage, street lights and shared paths.
The preliminary cost estimate for the North Riverside Drive project is $6,120,000.00, with 2018 Bond Program funding previously appropriated in
the amount of $5,120,000.00. The project is located within Transportation Impact Fee Service Area D and was identified as an impact fee eligible
project in the most recent transportation impact fee study. The requested impact fee funding will cover the current budget gap due in the project.
After final payment on the construction contract and completion of the project, any residual funding will be reprogrammed to other eligible projects.
Funding for this project was included in the FY2020-2024 Capital Improvement Plan in the amount of $5,120,000.00. Additional funding in the
amount of $1,000,000.00 is needed due to increased right-of-way costs and to provide for construction contingencies. The action in this M&C will
update the FY2020-2024 Capital Improvement Plan.
The following table demonstrates the funding history for the project:
Fund
Existing
Additional
Project Total
Appropriations
Appropriations
34018 - 2018 Bond Program
$5,120,000.00
$0.00
$5,120,000.00
39008 - Transportation
Impact Fee Capital Legacy
$0.00
$1,000,000.00
$1,000,000.00
Fund
Project Total
$5,120,000.00
$1,000,000.00
$6,120,000.00
The North Riverside Drive project is 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 that upon approval of the above recommendation and adoption of the attached appropriation ordinance, funds will
be available in the Transportation Impact Fee Capital Legacy (Trans Impact Fee Cap Legacy) Fund North Riverside Drive project. 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 b� Dana Burghdoff 8018
Originating Business Unit Head: William Johnson 7801
Additional Information Contact: Monte Hall 8662