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HomeMy WebLinkAbout(0048) M&C 20-0448City of Fort Worth, Texas Mayor and Council Communication DATE: 06/23/20 M&C FILE NUMBER: M&C 20-0448 LOG NAME: 20AFA AMEND RESOLUTION HARMON ROAD/NORTH TARRANT PARKWAY SUBJECT Amend M&C 20-0333 to Change the Action from Amending an Existing Local Project Advance Funding Agreement to Entering an Advance Funding Agreement for Voluntary Local Government Contributions; Rescind Resolution 5236-05-2020 and Adopt the Attached Resolution Authorizing Execution of an Advance Funding Agreement for Voluntary Local Government Contributions with the Texas Department of Transportation in the Amount of $8,068,892.00, of Which City Participation is $1,653,702.00, for Reconstruction of Harmon Road Bridge and Construction of North Tarrant Parkway Bridge over US 287 (COUNCIL DISTRICTS 2 and 7) RECOMMENDATION: It is recommended that the City Council: 1. Amend M&C 20-0333 to change the action from amending an existing Local Project Advance Funding Agreement to entering an Advanced Funding Agreement for Voluntary Local Government Contributions; 2. Rescind Resolution 5236-05-2020 adopted May 19, 2020; and 3. Adopt a Resolution authorizing an Advance Funding Agreement for Voluntary Local Government Contributions with the Texas Department of Transportation in the Amount of $8,068,892.00, of which city participation is $1,653,702.00, for reconstruction of Harmon Road Bridge and construction of North Tarrant Parkway Bridge over US 287 (City Project No. 102611). DISCUSSION: On May 19, 2020, City Council approved M&C 20-0333 authorizing the City Manager to execute Amendment No. 2 to a funding agreement with the Texas Department of Transportation in the approximate amount of $8,068,892.00, of which city participation is $1,653,702.00, for reconstruction of Harmon Road bridge and construction of North Tarrant Parkway bridge over US 287. The original funding agreement originated in 2004 and was amended and supplemented over time as discussed in M&C 20-0333. Subsequent to the council's action, the Texas Department of Transportation contract staff provided a new, stand-alone funding agreement instead of an amendment, thus requiring this amendment M&C and the actions regarding the resolutions to remove the reference to "Amendment No. 2". All other elements of the original M&C remain unchanged. The Harmon Road and North Tarrant Parkway bridges are located in COUNCIL DISTRICTS 2 and 7. A Form 1295 is not required because: This contract will be with a governmental entity, state agency or public institution of higher education: Texas Department of Transportation FISCAL INFORMATION / CERTIFICATION: The Director of Finance certifies that funds are currently available in the Street Rehabilitation and Transportation Impact Fee Capital Funds for the Harmon Road/North Tarrant Parkway/US 287 Interchange project to support the approval of the above recommendation. 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