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HomeMy WebLinkAbout(0028) M&C 21-0715City of Fort Worth, Texas Mayor and Council Communication DATE: 09/21/21 M&C FILE NUMBER: M&C 21-0715 LOG NAME: 20EAST 4TH/1ST STREET ON STREET BIKE LANE AFA SUBJECT (CD 4 and CD 8) Adopt Attached Resolutions Authorizing Execution of Two Advance Funding Agreements with the Texas Department of Transportation in the Combined Total Amount of $3,192,030.00, of Which $2,332,000.00 is Federal Participation, $133,469.00 is State Participation, and $726,561.00 is the Required City of Fort Worth Participation Provided by Transportation Development Credits for the East 4th Street -East 1 st Street On -Street Bike Lane Project, Accept Federal Funds in the Amount of $2,332,000.00, Adopt Attached Appropriation Ordinance, and Amend the Fiscal Years 2021-2025 Capital Improvement Program (2018 Bond Program) RECOMMENDATION: It is recommended that the City Council: 1. Accept federal funds in the amount of $2,332,000.00 through the Texas Department of Transportation; 2. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the Grants Capital Projects Federal Fund, subject to receipt of the grant, in the amount of $2,332,000.00; 3. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the Grants Capital Project Other Fund, subject to receipt of the grant, in the amount of $726,561.00; 4. Adopt the attached resolution authorizing the execution of an advance funding agreement (CSJ-0902-90-195) with the Texas Department of Transportation in the amount of $1,545,945.00 , of which $1,129,100.00 is federal participation, $64,641.00 is State participation, and $352,204.00 is required City participation provided by Transportation Development Credits for the East 1 st Street from East 4th Street to Haltom Road On -Street Bike Lane project (City Project No. 102601); and 5. Adopt the attached resolution authorizing the execution of an advance funding agreement (CSJ-0902-90-196) with the Texas Department of Transportation in the amount of $1,646,085.00, of which $1,202,900.00 is federal participation, $68,828.00 is State participation, and $374,357.00 is required City participation provided by Transportation Development Credits for the bicycle lanes on East 4th Street from Interstate Highway 35W to East 1st Street On -Street Bike Lane project (City Project No. 102601). DISCUSSION: The purpose of this Mayor and Council Communication (M&C) is to authorize acceptance of federal funds in the amount of $2,332,000.00, through the Texas Department of Transportation for East 4th Street -East 1st Street On -Street Bike lane project (City Project No. 102601), and to adopt two resolutions authorizing execution of two associated advance funding agreements (AFA). On March 02, 2020, the North Central Texas Council of Governments (NCTCOG) opened the 2020 Transportation Alternatives Set -Aside (TASA) Program - Call for Projects. The TASA program provides funding for programs and projects defined as transportation alternatives. The Federal and State funds are provided on a cost reimbursement basis after the work has been accomplished. In May 2020, the City of Fort Worth prepared and submitted to the NCTCOG a project proposal package for Transportation Alternatives Set -Aside funding consideration. The Texas Transportation Commission (Commission) passed Minute Order Number 115814 (MO) dated August 27, 2020 awarding funding for TASA projects in the TASA Program Call of the NCTCOG which included East 4th-East 1 st On -Street Bike Lane project (City Project No. 102601). This awarded federal funds is the amount of $2,332,000.00. Because of the street name change along the project's corridor, Texas Department of Transportation (TxDOT) divided this project into two (2) different Control -Section -Jobs (CSJ). East 4th Street from Interstate Highway 35W to East 1 st Street is identified as CSJ No. 0902-90-196, and East 1 st Street from East 4th Street to Haltom Road is identified as CSJ No. 0902-90-195. The following table summarizes the funding history and the total costs for the project. Funding History Summary for the EAth St & E.1st St. Improvement (City Project No. 102601) Fund I Local Funding JAppropriation Amount) M&C No. 4 — 2014 Bond ram 1 $ 23,200.00 $ 23,200.00 34018 — 2018 Bond Program $ 701,800.00 $ 701,800.00 20-0296 34018 — 2018 Bond $ 250,000.00 $ 250,000.00 21-0549 Program Subtotal $ 975,000.00 $ 975,000.00 Total Project Costs for the EAth St & E.1st St. Improvemt (City Project No. 102601) Fund Federal State Local Transportation Development Credits (TDCs) $ $ $ 726,561.00 Unappropriated Indirect State Cost $ $ 133,469.00 31001-Grants Capital Projects Federal $ 2,332,000.00 $ $ Total Project cost with all funding sources both appropriated and unappropriated: $ 3,192,030.00 Funding for this project was included in the Fiscal Years(FY) 2021-2025 Capital Improvement Program in the amount of $975,000.00. Additional federal funding in the amount of $2,332,000.00 was accepted through Texas Department of Transportation. The action in this M&C will amend the FY2021-2025 Capital Improvement Program.This project is included in the 2018 Bond Program. Available resources within the General Fund will be used to provide interim financing until debt is issued. Once debt associated with the project is sold, bond proceeds will reimburse the General Fund in accordance with the statement expressing official Intent to Reimburse that was adopted as part of the ordinance canvassing the bond election (Ordinance No. 23209-05-2018) and subsequent actions taken by the Mayor and Council. The above mentioned project is located in COUNCIL DISTRICT 4 and 8. A Form 1295 is not required because: This contract will be with a governmental entity, state agency or public institution of higher education: TxDot FISCAL INFORMATION / CERTIFICATION: The Director of Finance certifies that upon approval of the above recommendations and adoption of the attached appropriation ordinance, funds will be available in the current capital budget, as appropriated, in the Grants Capital Projects Federal Fund and Grants Capital Project Other. The Transportation and Public Works Department (and Financial Management Services) will be responsible for the collection and deposit of funds due to the City. Prior to an expenditure being incurred, the Transportation and Public Works Department has the responsibility to validate the availability of funds. This is a reimbursement grant. Submitted for City Manager's Office. Dana Burghdoff 8018 Originating Business Unit Head: William Johnson 7801 Additional Information Contact: Monty Hall 8662 Expedited