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HomeMy WebLinkAbout(0090) M&C 21-0671City of Fort Worth, Texas Mayor and Council Communication DATE: 09/14/21 M&C FILE NUMBER: M&C 21-0671 LOG NAME: 20TRINITY ONCOR RELOC SUBJECT (CD 5) Authorize the Execution of Discretionary Service Agreement with Oncor Electric Delivery Company, LLC in the Amount of $520,000.00 for the Relocation of Overhead Utilities and Installation of Underground Utilities Along Trinity Boulevard from Interstate Highway 820 to Riverlakes Drive. RECOMMENDATION: It is recommended that the City Council authorize the execution of a discretionary service agreement for the relocation of overhead utilities and the installation of underground utilities along Trinity Boulevard from Interstate Highway 820 to Riverlakes Drive with Oncor Electric Delivery Company, LLC in the amount not to exceed $520,000.00 (City Project No. 102101). DISCUSSION: On January 31, 2013, the Board of Tax Increment Reinvestment Zone Number Fourteen (Trinity Lakes TIF) adopted a project and financing plan for the Trinity Lakes TIF, which was approved by the City Council by ordinance and in accordance with Section 311.011 of the Texas Tax Code. Included in the project and financing plan were certain proposed infrastructure improvements to Trinity Boulevard intended to mitigate flooding, enhance walkability, and support the development of surrounding properties (Mayor and Council Communication 20-0939). Trinity Boulevard is a major corridor with proposed mixed use and commercial development which will provide access to the proposed Trinity Metro rail station. It is desired to bury the franchise utilities to improve the corridor aesthetics. Oncor Electric Delivery Company, LLC (Oncor) proposes to relocate approximately 3,300 linear feet of overhead electric lines on the south side of Trinity Boulevard by installing approximately 3,300 linear feet of underground electric line from Interstate Highway 820 to Riverlakes Dr. The Discretionary Service Agreement (DSA) is for an amount not to exceed $520,000.00. Upon authorization and execution of the DSA, Oncor will perform the scope of work and invoice the City for actual cost of work. City staff considers this cost to be fair and reasonable for the proposed scope of services. The local developer, Trinity Lakes Partners, LLC, will share the cost of the work by reimbursing the City with the City's maximum participation being $260,000.00. Construction of Trinity Boulevard is anticipated to begin in Spring 2022. Funding for this project is being provided from the Trinity Lakes TIF program. The Project is located in COUNCIL DISTRICT 5. A Form 1295 is not required because: This contract will be with an electric utility: Oncor FISCAL INFORMATION / CERTIFICATION: The Director of Finance certifies that funds will be available in the current capital budget, as appropriated, in the Trinity Lakes CO 2021 Fund to support the approval of the above recommendation and execution of the agreement. Prior to an expenditure being incurred, the Transportation and Public Works Department has the responsibility to validate the availability of funds. Submitted for City Manager's Office by. Dana Burghdoff 8018 Originating Business Unit Head: William Johnson 7801 Additional Information Contact: Monty Hall 8662