HomeMy WebLinkAbout(0163) M&C 21-0435City of Fort Worth, Texas
Mayor and Council Communication
DATE: 06/22/21 M&C FILE NUMBER: M&C 21-0435
LOG NAME: 06BAILEY BOSWELL (HARMON TO HORSEMAN)
SUBJECT
(CD 2) Authorize Execution of a Community Facilities Agreement with Cow Town Owner, LLC, with City Participation in an Amount Up to
$4,000,000.00 for the Design and Construction of Roadway Improvements for East Bailey Boswell Road from Harmon Road to Horseman
Road, Adopt Attached Appropriation Ordinance, and Amend the Fiscal Years 2021-2025 Capital Improvement Program
RECOMMENDATION:
It is recommended that the City Council:
1. Authorize execution of a community facilities agreement with Cow Town Owner, LLC, with City participation in an amount up to
$4,000,000.00 for design and construction of roadway improvements to East Bailey Boswell Road between Harmon Road and Horseman
Road;
2. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the Transportation Impact Fee Capital
Fund, in the amount of $4,000,000.00, from available funds within the Revenue - Service Area C Transportation Impact Fees project (City
Project No. UN9913) for the purpose of funding the Community Facilities Agreement - East Bailey Boswell Road project (City Project No.
103320); and
3. Amend the Fiscal Years 2021-2025 Capital Improvement Program.
DISCUSSION:
Cow Town Owner, LLC (Developer) is constructing an industrial development located on East Bailey Boswell Road between Harmon Road and
Old Pecos Trail (City Project Number 103320). The Developer is required to construct the eastern two lanes of East Bailey Boswell from Harmon
Road to Old Pecos Trail.
City staff would like to participate in the project in order to construct the full, four -lane divided roadway of East Bailey Boswell Road from Harmon
Road to Horseman Road with a traffic signal at the intersection of East Bailey Boswell Road and Harmon Road.
The costs stated herein are estimated and the project will follow the public bid process. The project includes an 18% MWBE requirement for the
project. The cost of the design and construction of the road improvements is estimated to be $5,646,412.87 with City participation as shown in the
table below.
Components
Construction Cost Estimate
Paving
Storm Drain
Street Lights
Signals
Landscape
Construction Cost
Estimate
20% Contingency
Construction Subtotal
Soft Costs
Material Testing &
Inspection
Engineering Design Fee
Soft Cost Subtotal
Project Total Cost
Estimated
City
Cow Town
Cost
Participation
Owner, LLC
$2,895,119.00
$2,316,095.20
$579,023.80
$622,640.18
$498,112.18
$124,528.00
$204,576.93
$163,661.54
$40,915.39
$400,000.00
$400,000.00
$0.00
$125,590.88
$100,472.70
$25,118.18
$4,247,926.99
$3,478,341.62
$769,585.37
$849,585.40
$176,658.38
$672,927.02
$5,097,512.39
$3,655,000.00
$1,442,512.39
$203,900.48
$345,000.00
$548,900.48
$0.00
$345,000.00
$345,000.00
$5,646,412.87 $4,000,000.00
$203,900.48
$0.00
$203,900.48
$1,646,412.87
This project is located within the Transportation Impact Fee Service Area C and was identified as impact fee eligible in the 2017 Transportation
Impact Fee Study. The transportation impact fee funding provides the City participation in the developer project. Revenues from Service Area C
(City Project No. UN9913) of the Transportation Impact Fee Capital Fund will fund the City's participation in the design and construction of these
improvements. Any residual funds left after project completion and acceptance will be returned to the Service Area C revenues. Any expenses
exceeding the city's participation amount, items that are ineligible for transportation impact fee funding, and the developer's proportional share of
the improvements will be funded by Cow Town Owner, LLC.
Transportation Impact Fee funding for this project was not included in the FY2021-2025 Capital Improvement Program. Due to the increased
scope of the developer project, City funds were added. The action of this M&C will amend the FY2021-2025 Capital Improvement Program as
approved in connection with Ordinance No. 24446-09-2020.
This project is located in COUNCIL DISTRICT 2.
FISCAL INFORMATION / CERTIFICATION:
The Director of Finance certifies that funds are currently available in the Revenue - SA C - 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 CFA - East Bailey Boswell Road project to support the approval of the above recommendations
and execution of the community facilities agreement. Prior to an expenditure being incurred, the Development Services and the Transportation and
Public Works Departments have the responsibility of verifying the availability of funds.
Submitted for City Manager's Office W. Dana Burghdoff 8018
Originating Business Unit Head: D.J. Harrell 8032
Additional Information Contact: Leonard Mantey 2561
Expedited