Loading...
HomeMy WebLinkAbout(0105) CFW_Resolution_for_Tarrant_County_03232021(3.25.21).PDFA Resolution 01 EXPRESSING SUPPORT OF PROPOSED PROJECTS TO BE SUBMITTED TO TARRANT COUNTY AS A PART OF THE PLANNED 2021 TARRANT COUNTY BOND PROGRAM AND THE CITY OF FORT WORTH'S INTENT TO BE FISCALLY RESPONSIBLE FOR ITS SHARE OF FUNDING OBLIGATIONS WHEREAS, Tarrant County is proposing a $400 Million Transportation Bond Program to be placed before voters in November 2021 ("County Bond Program"), and WHEREAS, Tarrant County issued a Call for Projects requesting local municipalities to submit transportation projects for consideration for funding as part of the County Bond Program, and WHEREAS, the County Bond Program 50 percent matching program indicated the County will consider projects from local municipalities for funding on a 50 percent matching basis; and WHEREAS, the County Bond Program 50 percent matching program requires a resolution from the City Council supporting the proposed projects and certifying the local funding commitment with a description of the proposed funding plan; and WHEREAS, staff has undertaken an extensive review and prepared a list of proposed projects that include arterials, intersections, and traffic signals that were determined to be of highest priority based on a variety of factors including condition, pedestrian and motorist safety, and equity; and WHEREAS, the City Council of the City of Fort Worth wishes to formally express its support for the City's proposed projects for the Tarrant County 2021 Bond Program and its commitment to providing City funding, with the understanding that such funding is contingent on the projects' inclusion in the County Bond Program, successful passage of that program, and required voter approval for the City's 2022 Bond Program. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH, TEXAS: 1. That in response to the Tarrant County 2021 Transportation Bond Program Call for Projects, the City of Fort Worth hereby expresses its support for the projects listed herein and requests Tarrant County to consider them for the County/City 50 percent cost share portion of the Tarrant County 2021 Transportation Bond Program; and 2. That the City of Fort Worth is committed to participate with its 50 percent funding share and committed to provide interim financing up to the amount of $358,900,000.00 with such commitment conditioned on the listed projects being included in a voter -approved Tarrant County 2021 Bond Program and with the City contribution including $131,120,000.00 in anticipated 2022 bond funds that are subject to required voter approval. 3. Proposed City projects with associated preliminary budgets are shown in the following tables: 2022 Bond Program Preliminary Intersection Improvement List / 2021 Tarrant County Bond Recommended Partnership Projects Project Evaluation Ranking Project CD Estimated Total Project Cost Proposed Bond Funding 1 Jacksboro Hwy @ W Northside Dr/N University Dr (TxDOT) 2 $ 1,600,000 800,000 2 McCart Ave @ Westcreek Dr 6 $ 2,600,000 1,300,000 3 Camp Bowie Blvd @ Bryant Irvin Rd (TxDOT) 3 $ 3,000,000 1,500,000 4 Camp Bowie Blvd @ Horne St (TxDOT) 3 $ 2,700,000 1,350,000 5 N Tarrant Pkwy @ N Beach St 4 $ 4,500,000 2,250,000 6 Altamesa Blvd @ Woodway Dr 6 $ 3,000,000 1,500,000 7 Forest Hill Dr @ Royal Crest 8 $ 2,700,000 1,350,000 8 E Berry St @ S Riverside Dr ( TxDOT) 8 $ 2,900,000 1,450,000 9 Trinity Blvd @ Euless South Main St 5 $ 2,000,000 1,000,000 10 S Hulen St @ W Risinger Rd 6 $ 2,700,000 1,350,000 11 Bryant Irvin Rd @ Oakmont Blvd 6 $ 1,600,000 800,000 12 Main St- Downtown Signal Corridor ( seven signals) 9 $ 3,500,000 1,750,000 Total $ 32,800,000 $ 16,400,000 2022 Bond Program Arterials/2021 Tarrant County Bond Recommended Partnership Projects Project Council County Estimated Total Amount Eligible forOther City Proposed No. Project Limits District Precinct Project Cost County 50% Bond Funding Bond Funding Match Trinity Salado Trail to Thames 1 Boulevard - 5 1 $11,200,000 $5,600,000 $525,000 $5,075,000 Trail Phase 2 Cromwell Boat Club to Marine 2 Marine Creek 2 4 $31,000,000. $14,500,000 $12,360,000 $4,140,000 Creek Pkwy Blvd Willow Creek Drive to 3 Avondale east Fort Worth city 7 3 $44,900,000 $21,450,000 $12,580,000 $10,870,000 Haslet Rd limit (John Day Rd) Bonds Ranch 4 Rd and Wagley US Hwy 287 SB SR to 7 3,4 $20,800,000 $10,400,000 $2,000,000 $8,400,000 Wagley Robertson Rd Robertson Rd W J Boaz Rd Boat Club Rd (FM 5 1220) to Elkins School 2,7 4 $20,800,000 $10,400,000 $1,900,000 $8,500,000 West Half Rd 6 Park Vista Blvd Keller Haslet Rd - 415' 7 3 $4,800,000 $2,400,000 $2,200,000 $200,000 N Timberland 7 Ray White Rd Mirage Drive- Wall 4 3 $9,600,000 $4,800,000 $1,000,000 $3,800,000 South Price Keller 8 Keller Hicks Rd Lauren Way - Park 7 3 $9,600,000 $4,800,000 $1,200,000 $3,600,000 Vista Blvd Ray White Rd Wall Price Keller Rd to 9 bridge north 4 3 $13,000,000 $6,500,000 $1,400,000 $5,100,000 North of Cam rose St 10 Meacham Blvd FM156 to IH-35W 2 4 $34,300,000 $17,150,000 $2,000,000 $15,150,000 Phase 2 11 Heritage Trace Wagley Robertson Rd 7 3 $51,200,000 $25,600,000 $3,200,000 $22,400,000 Pkwy 1 to Saginaw Boulevard 12 Intermodal FM 156 to Old Blue 7 3 $12,000,000 $6,000,000 5,100,000 900,000.00 Parkway Mound Rd Everman 13 Parkway (grade Rosedale Springs Ln to 8 1 $51,100,000 $25,550,000 $4,165,000 $21,385,000 separated Cameron Hills Pt crossing) TOTAL $314,300,000 $155,150,000 $49,630,000 $109,520,000 2022 Bond Program -Traffic Signals Project Recommendations / 2021 Tarrant County Bond Recommended Partnership Projects Project Evaluation Ranking Project CD Estimated Project Total Cost Proposed Bond Funding 1 Brentwood Stair Rd & Cooks Ln 5 $600,000 $300,000 2 Ephriam Ave & 24th St 2 $600,000 $300,000 3 John T White & Cooks Ln 5 $600,000 $300,000 4 Trinity Blvd and Reggis Ct 5 $600,000 $300,000 5 John T White & Sandy Ln 5 $600,000 $300,000 6 N. Beach Street @ Ray White Rd 5 $600,000 $300,000 7 Bailey Boswell Rd & Twin Mill Blvd 7 $600,000 $300,000 8 Alta Vista Rd & Bray Birch Dr 7 $600,000 $300,000 9 Western Center Blvd & Sandshell Rd 4 $600,000 $300,000 10 Basswood Blvd & Old Santa Fe Trail 2 $600,000 $300,000 11 Race St & Shelby Rd/Everman Pkwy 8 $600,000 $300,000 12 Wichita Stand Martin St 8 $600,000 $300,000 13 Summer Creek Rd and W Risinger Rd 6 $600,000 $300,000 14 Granbury Rd and Welch Ave 6 $600,000 $300,000 15 Forest Park Blvd and W 10th St 9 $600,000 $300,000 Total $ 9,000,000 $ 4,500,000 Special Project in Partnership with City of Euless 2021 Tarrant County Bond Recommended Partnership Project Estimated Amount Eligible City of Proposed Project Limits CD Project Total for County 50% Euless Bond Cost Bond Match Funding Funding Pipeline Road Highland Drive 5 $2,800,000 $1,400,000 $700,000 $700,000 to Industrial Blvd Adopted this day of ATTEST: Mary J. Kayser, City Secretary 2021.