HomeMy WebLinkAbout(0103) RESOLUTION_University_Dr_IMPROVEMENTS(dwbRL3.17.21)Rev0504br.PDFA Resolution
NO.
A RESOLUTION AUTHORIZING EXECUTION OF AN
ADVANCE FUNDING AGREEMENT WITH THE TEXAS
DEPARTMENT OF TRANSPORTATION IN THE APPROXIMATE
AMOUNT OF $8,514,451.009 OF WHICH CITY
PARTICIPATION IS APPROXIMATELY $1,616,719.00
PROVIDED BY TRANSPORTATION DEVELOPMENT CREDITS,
FOR THE UNIVERSITY DRIVE FROM TRAIL DRIVE TO WEST
ROSEDALE STREET 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 115291
authorizing the State to undertake and complete a highway improvement or other transportation project
generally described as pedestrian improvements including new and widened sidewalks, crosswalks,
wayfinding signage, traffic signals and landscaped medians; 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 University Drive from Trail Drive to West Rosedale Street Project, to include
traffic signal and pedestrian infrastructure improvements in the approximate amount of
$8,514,451.00, of which, federal participation is $8,083,595, state participation is
$430,856 and City of Fort Worth participation is approximately $1,616,719.00 to be
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 an Advance Funding Agreement
for Local Government Contributions with the Texas Department of Transportation (CSJ:
0902-90-169) in the approximate amount of $8,514,451.00, of which City participation is
approximately $1,616,719.00 provided by Transportation Development Credits, for the
University Drive from Trail Drive to West Rosedale Street Project, to include traffic
signal and pedestrian infrastructure improvements.
Adopted this __day of
ATTEST:
Lo
Mary Kayser, City Secretary
2021.