HomeMy WebLinkAbout2020/11/10-Attachments-Resolution_Horne_St_Improvements(Rev10.22.20).PDFA Resolution
NO.
A RESOLUTION AUTHORIZING EXECUTION OF AN
ADVANCE FUNDING AGREEMENT WITH THE TEXAS
DEPARTMENT OF TRANSPORTATION IN THE APPROXIMATE
AMOUNT OF $8,146,318.009 OF WHICH CITY
PARTICIPATION IS APPROXIMATELY $1,460,283.00
PROVIDED BY TRANSPORTATION DEVELOPMENT CREDITS,
FOR THE HORNE STREET IMPROVEMENTS FROM CAMP
BOWIE BLVD. TO W. VICKERY BLVD. PROJECT
WHEREAS, federal law establishes federally funded programs for transportation improvements
to implement its public purposes, and
WHEREAS, the Texas Transportation Code, Section 201.103 establishes that the State shall
design, construct and operate a system of highways in cooperation with local governments, and Section
222.052 authorizes the Texas Transportation Commission to accept contributions from political
subdivisions for development and construction of public roads and the state highway system within the
political subdivision, and
WHEREAS, federal and state laws require local governments to meet certain contract standards
relating to the management and administration of State and federal funds, and
WHEREAS, the Texas Transportation Commission has codified 43 TAC, Rules 15.50-15.56
that describe federal, state, and local responsibilities for cost participation in highway improvement and
other transportation projects, and
WHEREAS, the Texas Transportation Commission passed Minute Order Number 115814
authorizing the State to undertake and complete a highway improvement or other transportation project
generally described as construct new roadway lanes; and
WHEREAS, the City of Fort Worth and Texas Department of Transportation have
negotiated terms of an Advance Funding Agreement for Local Government Contributions
for the Horne Street improvements from Camp Bowie Blvd. to W. Vickery Blvd. project,
to include intersection, traffic signal and sidewalk improvements in the approximate
amount of $8,146,318.00, of which City of Fort Worth participation is approximately
$1,460,283.00 provided by Transportation Development Credits.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF FORT WORTH, TEXAS, THAT:
The City Manager is hereby authorized to execute the Advance Funding Agreement
for Local Government Contributions with the Texas Department of Transportation (CSJ:
0902-90-148) in the approximate amount of $8,146,318.00, of which City participation is
approximately $1,460,283.00 provided by Transportation Development Credits, for the
Horne Street improvements from Camp Bowie Blvd. to W. Vickery Blvd. project, to
include intersection, traffic signal and sidewalk improvements.
Adopted this __day of
ATTEST:
LN
Mary Kayser, City Secretary
2020.