HomeMy WebLinkAbout(0018) M&C 20-0756City of Fort Worth,
Mayor and
DATE: 10/20/20
Texas
Council Communication
M&C FILE NUMBER: M&C 20-0756
LOG NAME: 20SENDERA RANCH AND DIAMONDBACK IMPACT FEE APPROPRIATION
SUBJECT
(CD 7) Authorize the Amount of $223,000.00 to be Used for the Sendera Ranch Boulevard and Diamondback Lane Traffic Signal Improvement
Project within the Transportation Impact Fee Capital Fund, Adopt Appropriation Ordinance and Update the FY2021-2025 Capital Improvement
Plan (2018 Bond Program)
RECOMMENDATION:
It is recommended that the City Council adopt the attached appropriation ordinance increasing receipts and appropriations in the Sendera Ranch
Boulevard and Diamondback Lane Traffic Signal Improvement project (City Project No. 102036) in the amount of $223,000.00 from available
funds in the Transportation Impact Fee Capital Fund, reducing the balance in the Revenue - Service Area B -Transportation Impact Fees project
(City Project No. UN9912) by the same amount.
DISCUSSION:
The intersection of Sendera Ranch Boulevard and Diamond Back Lane is currently an all -way stop controlled intersection. The proposed traffic
signal will improve the traffic flow, increase capacity and promote pedestrian safety.
The design of this project is complete and a task order for construction will be issued from the newly executed unit price contract with Bean
Electrical Inc. The unit prices for construction based on this new contract increased the estimate for construction and additional design services
were required to perform a traffic signal warrant analysis and obtain subsurface utility engineering excavations due to many existing utilities at this
intersection resulting in an additional amount of $223,000.00 needed to complete the project.
The adopted 2017 Transportation Impact Fee study identifies all projects that are eligible to receive transportation impact fee funding. The
transportation improvements plan for Service Area B included capacity improvements for the intersection of Sendera Ranch Boulevard and
Diamondback Lane.
Staff is requesting an additional $223,000.00 in revenues from Service Area B (City Project No. UN9912) within the Transportation Impact Fee
Capital Fund for construction and right-of-way (ROW) acquisition of a new traffic signal at this intersection. Any residual funds left after the project
completion and acceptance will be returned to the Service Area B revenues.
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 No. 23209-05-2018)
and subsequent actions taken by the Mayor and Council.
Transportation Impact Fee Capital funding for this project was not included in the FY2021-2025 Capital Improvement Plan. Due to a mid -year
focus to program and spend available and eligible Transportation Impact Fees, the action in this M&C will update the FY2021-2025 Capital
Improvement Plan.
The following table demonstrates the funding history for the project:
Fund Description
Existing
Additional
Project Total
Appropriations
Appropriations
30108- Transportation
$400,000.00
$223,000.00
$623,000.00
Impact Fee Fund
34018- 2018 Bond
$130,000.00
$0.00
$130,000.00
Traffic Signal Funds
Project Total
$530,000.00
$223,000.00
$753,00.00
The 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 that funds are currently available in the REVENUE- SA B-Transp Imp Fees project within the Transportation
Impact Fee Cap Fund and upon approval of the above recommendations and adoption of the attached appropriation ordinance, funds will be
available in the Transportation Impact Fee Cap Fund for the Sendera Ranch/Diamond Back Sig 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: Monty Hall 8662