HomeMy WebLinkAbout(0067) M&C 20-0499City of Fort Worth, Texas
Mayor and Council Communication
DATE: 08/04/20 M&C FILE NUMBER: M&C 20-0499
LOG NAME: 20FM 156 / BONDS RANCH ROAD LOSA
SUBJECT
Adopt a Resolution Authorizing Execution of a Local On -System Improvement Agreement with the Texas Department of Transportation in the Total
Amount of $1,363,524, of which City Participation is $1,245,000, for the Bonds Ranch Road at FM 156 Intersection Improvement Project (City
Project No. 101009) (COUNCIL DISTRICT 7)
RECOMMENDATION:
It is recommended that the City Council adopt the attached Resolution authorizing execution of a Local On -System Improvement Agreement with
the Texas Department of Transportation (TxDOT) for the Bonds Ranch Road at FM 156 Intersection Improvement project (City Project No. 101009)
in the amount of $1,363,524.00 with direct and indirect state costs waived in the amount of $118,524.00 and City Participation in the amount of
$1,245,000 through the use of available funding.
DISCUSSION:
The purpose of this Mayor and Council Communication (M&C) is to adopt a Resolution authorizing the execution of a Local On -System
Improvement Agreement (LOSA) with the Texas Department of Transportation (TxDOT). The LOSA details the responsibilities of both the City of
Fort Worth (City) and TxDOT in the execution and implementation of the project.
This LOSA is a new type of TxDOT permit that allows the City to implement improvements on a state highway system using local funding. The
Bonds Ranch Road at FM 156 Intersection Improvement Project will provide interim improvements to the intersection at FM 156 and Bonds Ranch
Road to alleviate traffic congestion and enhance safety until TxDOT reconstructs the FM 156 corridor (anticipated to be in 2028).
The construction includes widening Bonds Ranch Rd. to construct left -turn lanes, improving turning radii, mill & overlay, and traffic signal
replacement. In addition, minor drainage improvements are included.
The City Council allocated 2018 Bond Funds in the amount of $16,290,000.00 for the Bonds Ranch Road Phase 2 Project (City Project No.
101009) to construct a 4 lane divided roadway from US 287 to 300 feet East of Shire Meadows Dr. and for the improvements at the intersection of
FM 156. The construction of the 4 lane divided section has been completed.
Although there are sufficient funds available to complete these improvements, the City will be responsible for 100% of any project overruns. For the
direct and indirect state costs, the State is waiving a total amount of $118,524.00 for their plan review and oversight. There will be no project
reimbursements for this project.
This project is 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 Nos. 21241-05-2014
and 23209-05-2018) and subsequent actions taken by the Mayor and Council.
This project is located in COUNCIL DISTRICT 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 available in the current capital budget, as previously appropriated, in the 2018 Bond Program
Bonds Ranch Rd Phase 2 project to support the approval of the above recommendation and execution of the agreement. Prior to any expenditure
being incurred, the Transportation & Public Works Department has the responsibility to validate the availability of funds.
Submitted for City Manager's Office by. Dana Burghdoff 8018
Originating Business Unit Head: William Johnson 7801
Additional Information Contact: Lissette Acevedo 2722