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HomeMy WebLinkAbout(0007) M&C 20-0565City of Fort Worth, Mayor and Texas Council Communication DATE: 08/18/20 M&C FILE NUMBER: M&C 20-0565 LOG NAME: 2020 GARDEN ACRES FINAL PAYMENT SUBJECT (CD 6) Authorize Final Payment in the Amount of $1,421,234.92 to the Texas Department of Transportation for the Construction of Garden Acres Bridge at I1-1-35, Adopt Appropriation Ordinance and Update the FY 2020-2024 CIP RECOMMENDATION: It is recommended that the City Council: 1. Adopt the attached appropriation ordinance increasing the estimated receipts and appropriations for the Garden Acres Bridge at 1-35 project in the amount of $169,000.00 from available funds within the Street Improvements 2008 Fund; and 2. Authorize the final payment in the amount of $1,421,234.92 to the Texas Department of Transportation for the construction of the Garden Acres Bridge at I1-1-35. (City Project No. C01802) DISCUSSION: The purpose of this Mayor and Council Communication (M&C) is to allocate funding from the Street Improvements 2008 Fund to the Garden Acres Bridge at 1-35 Project (City Project No. C01802) to issue final payment to TXDOT for non- participating costs as outlined in the executed Advanded Funding Agreement (AFA) (City Secretary No. 47801). This project was completed in July 2018. This final payment includes quantity overruns, change orders and TXDOT project management and oversight costs not included in the executed AFA. The total final statement of cost is $1,421,234.92. Previous M&Cs approved by City Council for the Garden Acres Bridge at IH-35 project is M&C 20-0118 which approved the change orders for this project in an amount of $375,586.70 which are included into this final statement of cost. Funding for this project was not included in the FY2020-2024 Capital Improvement Plan because it was not a planned project when the CIP was created. The action in this M&C will update the FY2020-2024 Capital Improvement Plan. Fund Existing Funding Additional Project Total Funding Garden Acres Dr. Bridge over 1 35— 001802 2014 Bond Program — $5,189,539.70 $169,000.00 $5,358,539.70 34014 Project Total $5,189,539.70 $169,000.00 $5,358,539.70 Grand Total $5,189,539.70 $169,000.00 $5,358,539.70 The project is in COUNCIL DISTRICT 6. A Form 1295 is not required because: This contract will be with a governmental entity, state agency or public institution of higher education: TxDOT FISCAL INFORMATION / CERTIFICATION: The Director of Finance certifies that funds are currently available in the Street Improvements 2008 fund and upon approval of the above recommendations and adoption of the attached appropriation ordinance, funds will be available in the Street Improvements 2008 Fund for the Garden Acres Bridge at 1-35 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 by. Dana Burghdoff 8018 Originating Business Unit Head: William Johnson 7801 Additional Information Contact: Monte Hall 8662