HomeMy WebLinkAboutResolution 4160-12-2012A Resolution
NO. 4160-12-2012
AUTHORIZING AN ADDITIONAL $70,970.00 IN FUNDING FOR
CONSTRUCTION OF THE NORTH RIVERSIDE DRIVE BRIDGE OVER IH -820
AND EXECUTION OF A LOCAL PROJECT ADVANCE FUNDING
AGREEMENT WITH THE TEXAS DEPARTMENT OF TRANSPORTATION
FOR THE PROJECT IN AN AMOUNT NOT TO EXCEED $15,979,614.00
WHEREAS, a Master Funding Agreement between the City of Fort Worth and the
Texas Department of Transportation ( "State ") has been adopted and states the general
terms and conditions for transportation projects developed through a Local Project
Advance Funding Agreement ( LPAFA); and
WHEREAS, the Texas Transportation Commission passed Minute Orders Numbered 111335
dated April 24, 2008, 111552 dated October 30, 2008 and 110266 dated October 27, 2005 that
collectively authorize the State to undertake and complete a highway improvement generally described
as an underpass bridge located at N. Riverside Drive and IH -820 comprised of two northbound lanes,
two southbound lanes and sidewalks on both sides by change order to North Tarrant Express (NTE)
Project CSJ: 0008 -14 -059; and
WHEREAS, on September 11, 2012, the City Council adopted Resolution No. 4125 -09 -2012
authorizing a LPAFA and funding in the amount of $13,200,000.00 with the State for design and
construction of the North Riverside Drive Bridge over I1-1-820; and
WHEREAS, the City, the State and its partners, prior to executing the LPAFA, continued
negotiations for additional project related work and funding of related expenses in the amount of
$2,708,644.00; and
WHEREAS, on November 12, 2012, the City Council adopted Resolution No. 4151 -11 -2012,
authorizing a revised LPAFA and funding in the total amount of $15,908,644.00, which amount was
later determined as insufficient; and
WHEREAS, the City desires to revise the amount required for additional project related work
and funding of related expenses by an additional $70,970.00 to reflect the actual amount of work and
related expenses; and
WHEREAS, the City of Fort Worth desires to enter into a Local Project Advance Funding
Agreement with the Texas Department of Transportation for design, construction, and warranty of the
North Riverside Bridge over IH -820 for the revised total amount of $15,979,614.00.
ORT WO
T
Resolution No. 4160 -12 -2012
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF FORT WORTH, TEXAS:
The City Manager or his designee is authorized to execute a Local Project Advance Funding
Agreement with the Texas Department of Transportation in an amount not to exceed $15,979,614.00
($13,200,000.00 per Resolution 4125 -09 -2012, $2,708,644.00 per Resolution 4151 -11 -2012, and
$70,970.00 per this Resolution) for the design and construction of the N. Riverside Bridge over I1-1-820.
Adopted this 18th day of December 2012.
ATTEST:
By. - --
Mary Kayser, Cit S cretary
ORT WORT
RA
City of Fort Worth, Texas
Mayor and Council Communication
COUNCIL ACTION: Approved on 12/18/2012 - Resolution No. 4160 -12 -2012
DATE: Tuesday, December 18, 2012 REFERENCE NO.: C -26029
LOG NAME: 20RIVERSIDE DRIVE BRIDGE OVER IH 820 AMEND -2
SUBJECT:
Adopt Resolution Authorizing an Additional Payment of $70,900.00 to Fund a Local Project Advance
Funding Agreement with the Texas Department of Transportation in an Amount Not to Exceed
$15,979,614.00 for Design and Construction of the North Riverside Drive Bridge Over Interstate Highway
820 (COUNCIL DISTRICT 4)
RECOMMENDATION:
It is recommended that the City Council adopt a resolution authorizing an additional payment to the Texas
Department of Transportation in the amount of $70,970.00 for a revised total cost Local Project Advance
Funding Agreement with the Texas Department of Transportation in an amount not to exceed
$15,979,614.00 for the design and construction of the North Riverside Drive Bridge over Interstate
Highway 820.
DISCUSSION:
On September 11, 2012, (M &C C- 25826) the City Council passed Resolution No. 4125 -09 -2012 and
authorized execution of a Local Project Advance Funding Agreement (LPAFA) with TxDOT in an amount
not to exceed $13,200,000.00. On November 12, 2012, (M &C C- 25978) the City Council passed
Resolution No. 4151 -11 -2012 and authorized increasing the LPAFA with TxDOT to an amount not to
exceed $15,908,644.00. This increased amount was subsequently determined to be insufficient. This
Mayor and Council Communication (M &C) authorizes a resolution setting forth additional funding in the
amount of $70,900.00 and setting a revised total LPAFA amount.
The LPAFA allows the Texas Department of Transportation ( TxDOT) to construct the four lane North
Riverside Drive Bridge over Interstate Highway (IH -820). This project was included in the 2008 Bond
Program and will be executed by TxDOT through its Comprehensive Development Agreement (CDA)
project under contract with North Tarrant Express Mobility Partners, LLC ( NTEMP). NTEMP is the overall
developer for the IH -820 corridor improvements. In addition to design and construction, NTEMP will
provide a warranty on the bridge deck through the duration of its contract with TXDOT which ends on June
23, 2061. Estimated start of construction is January 2013.
Related negotiations associated with the adjustment of City utilities (water and sewer) have been
completed and require commitment of the additional $70,970.00 to be included in the LPAFA. This M &C,
once approved, will increase the not to exceed amount to $15,979,614.00 and represents a total cost
delivery of this project. This total cost will be funded using $697,166.00 from Water Capital Project Funds,
$248,326.00 from Sewer Capital Project Funds, and $15,034,122.00 from the Street Improvements Fund
of the 2008 Bond Program. These funds will be recorded as cash being held by TxDOT as Trustee, for
internal accounting purposes, once construction begins, funds will be expended based on progress
reports as they are received from TxDOT.
This project is located in COUNCIL DISTRICT 4.
Logname: 20RIVERSIDE DRIVE BRIDGE OVER IH 820 AMEND -2 Page 1 of 2
FISCAL INFORMATION / CERTIFICATION:
The Financial Management Services Director certifies that funds sre available in the current capital
budget, as appropriated, of the Water Capital Projects Fund.
FUND CENTERS:
TO Fund /Account/Centers
FROM Fund /Account/Centers
P265 104000 000000181200 $70.970.00
CERTIFICATIONS:
Submitted for City Manager's Office by: Fernando Costa (6122)
Originating Department Head: Douglas W. Wiersig (7801)
Additional Information Contact: Dennis Ingram (2294)
Logname: 20RIVERSIDE DRIVE BRIDGE OVER IH 820 AMEND -2 Page 2 of 2
MAYOR AND COUNCIL COMMUNICATION MAP
20 N. Riverside Bridge Over IH -820
DOE# 6756