HomeMy WebLinkAboutResolution 5589-06-2022 A Resolution
NO. 5589-06-2022
A RESOLUTION AUTHORIZING EXECUTION OF AN ADVANCED
FUNDING AGREEMENT WITH THE TEXAS DEPARTMENT OF
TRANSPORTATION IN THE AMOUNT OF $10,127,631.00, OF WHICH
LOCAL PARTICIPATION IS $1,775,000.00, FOR THE HERITAGE PARK;
BUS 287 TO WEATHERFORD STREET PROJECT
WHEREAS, federal law establishes federally funded programs for transportation
improvements to implement its public purpose; and
WHEREAS, the Texas Transportation Code, Section 201.103 establishes that the
State shall design, construct and operate a system of highways and roads in cooperation
with local governments, and Section 222.052 authorizes the Texas Department of
Transportation Commission to accept contributions from political subdivisions for
development and construction of public roads within political subdivisions; and
WHEREAS, the City of Fort Worth desires to enter into an Advance Funding
Agreement with the Texas Department of Transportation in the amount of $10,127,631.00,
of which $6,640,000.00 is federal participation, $1,712,631.00 is state participation and
$1,775,000.00 is estimated local participation, made up of $1,000,000 from Tarrant County
and $775,000 from the City, for the purpose of constructing the Heritage Park; BUS 287 to
Weatherford Street Project.
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF FORT WORTH, THAT:
The City Manager is authorized to execute an Advance Funding Agreement with the
Texas Department of Transportation in the total estimated amount of $10,127,631.00 with
City participation in the estimated amount of $1,775,000.00 for the purpose of constructing
the Heritage Park; BUS 287 to Weatherford Street Project.
Adopted this 28t" day of June 2022.
ATTEST:
�7 ,Gtt2 ; 'aGG _ ,FORT`
Jannette S.Goodall(Jun 30,202215:56 CDT) / ••' �j
Jannette S. Goodall, City Secretary `;' ! ' •`'V'r�
MAYOR AND COUNCIL COMMUNICATION MAP
Heritage Park; BUS 287 to Weatherford St.
Advance Funding Agreement
Project Number CO2471
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Copyright 2014 City of Fort Worth.Unauthorized reproduction is a violation of applicable lairs.This product is for informational purposes and may not have been prepared for
or be suitable for legal,engineering,or surveying purposes.It does not represent an on-the-ground survey and represents only the approximate relative location of property
boundaries.The City of Fort Worth assumes no responsibility for the accuracy of said data.
City of Fort Worth, Texas
Mayor and Council Communication
DATE: 06/28/22 M&C FILE NUMBER: M&C 22-0533
LOG NAME: 20HERITAGE PARK; BUS 287 TO WEATHERFORD AFA
SUBJECT
(CD 9)Adopt a Resolution Authorizing Execution of an Advance Funding Agreement with the Texas Department of Transportation in the Amount of
$10,127,631.00 with Federal Participation in the Amount of$6,640,000.00, State Participation in the Amount of$1,712,631.00 and Local
Participation in the Combined Amount of$1,775,000.00(City$775,000.00 and County$1,000,000.00)for the Heritage Park; BUS 287 to
Weatherford Street Project,Adopt Appropriation Ordinances, and Amend the Fiscal Years 2022-2026 Capital Improvement Program
RECOMMENDATION:
It is recommended that the City Council:
1. Adopt the attached Resolution authorizing execution of an Advance Funding Agreement with the Texas Department of Transportation in the
amount of$10,127,631.00 with federal participation in the amount of$6,640,000.00,state participation in the amount of$1,712,631.00,and
local participation in the combined amount of$1,775,000.00(City$775,000.00 and County$1,000,000.00)for the Heritage Park; BUS 287
to Weatherford Street project(City Project No. 104146);
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 up to$7,640,000.00 (Federal$6,640,000.00 and Local$1,000,000.00)for the Heritage Park;
BUS 287 to Weatherford Street project(City Project No. 104146);
3. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the Grants Capital Projects State Fund,
subject to receipt of the grant, in the amount up to$660,000.00(State$660,000.00)for the Heritage Park; BUS 287 to Weatherford Street
project(City Project No. 104146);and
4. Amend the Fiscal Years 2022-2026 Capital Improvement Program.
DISCUSSION:
The purpose of this Mayor and Council Communication (M&C)is to adopt a resolution authorizing execution of an Advance Funding Agreement
(AFA)with the Texas Department of Transportation (TxDOT)and authorize acceptance of federal grant funds and state funds in the amount of
$7,300,000.00 for construction of the Heritage Park; BUS 287 to Weatherford Street project.
Heritage Park and Paddock Park are located in Downtown Fort Worth on the northern edge of the Trinity River bluff where the City meets the Trinity
River. Improvements to the two parks and North Main Street is a key linkage opportunity that will implement a vision 50 years in the making.This
Heritage Park; BUS 287 to Weatherford Street project is integral to the future success of the overall project.
The Heritage Park; BUS 287 to Weatherford Street project includes elements for enhancing the safety of pedestrian and vehicular movements.
Improved pedestrian safety will be in the form of"bulb-outs"at the four intersections surrounding the Tarrant County Courthouse and traffic calming
on Belknap Street between Paddock Park and the Courthouse.Vehicular movement improvements will include modification of traffic signals and
roadway/lane alignments, removal of the bus counterflow lane on West Belknap Street,and enlarging the turning radius northbound around
Paddock Park on North Commerce Street.
Funding for the project includes local funds from Downtown Fort Worth Inc,and Tarrant County,federal funds and state funds.The City bears the
responsibility to pay for cost overruns.The table below summarizes funding for the project:
Additional
City(2014 Tarrant Federal State State Funds
Bond County Funds(this Funds(this (Direct and Project Total
Fund) (Future ILA) M&C/AFA) M&C/AFA) Indirect Costs
not
Appropriated)
I
$775,000.00$1,000,000.00i$6,640,000.00 $660,000.00I $1,052,631.00 $10,127,631.00
Funding for this project was not included in the FY2022-2026 Capital Improvement Program due to the approval for Congestion Mitigation and Air
Quality Improvement and Surface Transportation Block Grant funds.The action in this M&C will amend the FY2022-2026 Capital Improvement
Program as approved in connection with Ordinance 25073-09-2021.
Funding for the required local match will be from the 2022 Bond Program funds appropriated to the project in a separate M&C.
This project is located in COUNCIL DISTRICT 9.
A Form 1295 is not required because:This contract will be with a governmental entity,state agency or public institution of higher education:Texas
Department of Transportation
FISCAL INFORMATION/CERTIFICATION:
The Director of Finance certifies that upon approval of the above recommendations and adoption of the attached appropriation ordinances,funds
will be available in the current capital budget, as appropriated,in the Grants Cap Projects Federal Fund and Grants Capital Projects State Fund.
The Transportation and Public Works Department and Finacial Management Services will be responsible for the collection and deposit of funds
due to the City.Prior to expenditure being incurred,the Transportation&Public Works Department has the responsibility to validate the availability
of funds.This is reimbursement grant.
Submitted for City Manager's Office by; Dana Burghdoff 8018
Originating Business Unit Head: William Johnson 7801
Additional Information Contact: Monty Hall 8662
Expedited