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HomeMy WebLinkAbout6. Presentation on 2022 Bond ProgramProposed 2022 Bond Program City Council Meeting April 13, 2021 1 • •Review scope of projects submitted for the 2022 Bond Program •Review methodology for selecting projects •Applied criteria –departmental and citywide •Review proposed program schedule 2 2022 Bond Program Goals •Maintain/improve existing infrastructure and address equity •Provide mobility and city services in growth areas •Enhance active transportation and recreational corridors •Allow for flexibility and partnership opportunities •Balance debt and operating costs for fiscal stewardship 3 2022 Bond Program Defined Categories 4 •Projects include new construction, replacement or rehabilitation of existing buildings and related site improvements. FACILITIES •Projects include new construction, replacement or rehabilitation of existing park amenities and associated infrastructure, and reserve park development. PARKS (non-vertical) •Includes new arterial construction, established corridors, intersections and neighborhood street rehabilitation, school safety zones, sidewalks, RR Crossings, streetlights, traffic signals, intersections, bridge rehabilitation, park roads and parking lots. STREETS AND PEDESTIAN MOBILITY INFRASTRUCTURE •Acquisition of land for ecosystem preservation and conservation of resources to help support healthy community initiatives. OPEN SPACE CONSERVATION 2022 Bond Program Project Submissions by Category 5 Proposed: $500,000,000 Project Selection Process Department Project Development •Projects developed and prioritized by departments with defined criteria using quantitative data and qualitative factors Project Prioritization Committee •Committee reviewed department submissions and prioritized using general ranking criteria Management Review and Input of Proposed Projects •CMO reviewed initial list of prioritized projects City Council Review and Input Public Engagement 6 Department Project Development Guidelines Data and Analytic Support Anticipated Cost and Spending Schedule –Land, Design and Construction Operating and Maintenance Cost Identify Additional Funding Sources Collaboration Opportunities Project Delivery Project Ranking 7 Citywide Prioritization Criteria *Equity –new criterion Service Deficiencies Leverage Opportunities Approved Master Plan and Strategic Goals Capital Replacement 8 Improve Existing Infrastructure Federal, State, or Legal Requirement Public Health and Safety Economic Development Project Collaboration Does the project address and help to reduce or eliminate racial and cultural disparities consistent with recommendations from the Fort Worth Task Force on Race and Culture? Project is located within or serves a Super Majority Minority Area -SMMA (minority population of 75%+) or MMA (50%+) Equity -New Prioritization Criterion 10 General •Consistency with master plan •Service deficiencies due to growth •Rate of projected growth in area •Timing and cost of offsite infrastructure •Site development costs •Cost savings through consolidation •Operation and maintenance cost New Facilities Evaluation Criteria Library •Proximity to other libraries •Existing residential density in area Fire •Response time from existing facilities •Call volumes at existing facilities 11 •Program objectives •Existing facility condition •Functional obsolescence •Accessibility •Cost Replacement and Renovation General Facilities Evaluation Criteria Park and Recreation Criteria •Health & Safety •Legal Mandates •Infrastructure Needs •Policy Mandates •Revenue & Leverage Opportunities •High Use 12 Criteria applied to all non-vertical projects Streets and Pedestrian Mobility Project Categories •Arterials •Established Corridors •Neighborhood Street Rehabilitation/Reconstruction •Bridge Rehabilitation •Streetlights •Intersections •Traffic Signals •Neighborhood/School Safety •Sidewalks •Bicycle Facilities •Grade Separated Railroad Crossings •Railroad Safety Crossings 13 Arterials, Bridges, and Grade Separated Railroad Crossings Prioritization Criteria •Congestion •Crash history •Economic development •Potential for developer funding •*Project collaboration •TxDOT Bridge Inspection Report (bridges only) 14 *On April 6, 2021 City Council approved a resolution expressing support for the City’s proposed projects for the Tarrant County 2021 Transportation Bond Program and committed to 50% local match funding for eligible projects. Tarrant County 2021 Transportation Bond (50% match) •Arterials -$155,150,000 •Grade Separated Railroad Crossings –$25,550,000 Established Corridors and Neighborhood Streets Prioritization Criteria •Crash history (Established Corridors) •Economic development (Established Corridors) •Infrastructure condition •Equity •Project collaboration 15 Intersections and Traffic Signals Prioritization Criteria •Congestion –service deficiencies, improve mobility •Public health and safety –level of comfort, crash history, preventative measures •Infrastructure –signal warrant for new intersection •*Project collaboration –grant funding, leverage opportunities •Capital replacement –frequency of equipment failure •Equity –Super MMAs and MMAs •Federal/state legal requirements –maintain standards, equipment condition 16 *Tarrant County 2021 Transportation Bond: •Intersections -$16,400,000 •Traffic Signals -$4,500,000 Sidewalk & Neighborhood/ School Safety Prioritization Criteria •Vision Zero High Injury Network •Infrastructure –ADA Compliance •Active Transportation Plan •Project Collaboration –NCTCOG Safe Routes to School,ISD bond funding, grants •Equity –Super MMAs and MMAs •Economic development -catalyst for walkability 17 Streetlights Prioritization Criteria •Equipment type and age –light pole type, wiring, and fixture condition •Roadway type •Pedestrian generators –Proximity to schools, transit, parks, community centers, mixed-used development, urban village, or other pedestrian activity zone •Equity –Super MMAs and MMAs 18 Proposed 2022 Bond Program Schedule Provide preliminary projects list to City Council May 2021 Begin public engagement: •City News story on proposed projects, social media, Neighborhood and Community Groups, Faith based organizations, etc. •Launch online tool for feedback •Video on proposed projects •Media releases •Virtual Meeting toolkit Public engagement meetings June –August 2021 Validate and, adjust if necessary, estimated project cost Summer 2021 Finalize project list based on public input with City Council September -December 2021 (Approval by end of calendar year) City Council action to set bond election January/February 2022 Public education meetings March -April 2022 Bond Election May 2022 19 20 Questions?