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HomeMy WebLinkAboutResolution 5619-09-2022 A Resolution NO. 5619-09-2022 A RESOLUTION AUTHORIZING EXECUTION OF AN ADVANCE FUNDING AGREEMENT WITH THE TEXAS DEPARTMENT OF TRANSPORTATION IN THE AMOUNT OF $475,470.00 WITH FEDERAL PARTICIPATION IN THE AMOUNT OF $229,787.00, STATE PARTICIPATION IN THE AMOUNT OF $75,016.00 AND LOCAL PARTICIPATION IN THE AMOUNT OF $170,667.00.00 FOR ENGINEERING, ENVIRONMENTAL SERVICES AND CONSTRUCTION OF THE SH183 AT NORTH BEACH STREET HIGHWAY SAFETY IMPROVEMENT PROJECT WHEREAS, federal law establishes federally funded programs for transportation improvements to implement its public purposes, and WHEREAS, the Texas Transportation Code, Section 201.103 establishes that the State shall design, construct and operate a system of highways in cooperation with local governments, and Section 222.052 authorizes the Texas Transportation Commission to accept contributions from political subdivisions for development and construction of public roads and the state highway system within the political subdivision, and WHEREAS, federal and state laws require local governments to meet certain contract standards relating to the management and administration of State and federal funds, and WHEREAS, the Texas Transportation Commission has codified 43 TAC, Rules 15.50-15.56 that describe federal, state, and local responsibilities for cost participation in highway improvement and other transportation projects, and WHEREAS, the Texas Transportation Commission passed Minute Order Number 115814 authorizing the State to undertake and complete a highway improvement or other transportation project generally described as intersection improvements; and WHEREAS, the City of Fort Worth identified the need for includes signal rebuild including signal improvements including Audible Pedestrian System (APS), refresh pavement markings, flashing yellow arrow for all approaches, new raised median, and advance signal warning signs for all approaches signal improvements; and WHEREAS, the City of Fort Worth and Texas Department of Transportation have negotiated terms of an Advance Funding Agreement in the Amount of $475,470.00 with Federal Participation in the Amount of $229,787.00, State Participation in the Amount of $75,016.00 and Local Participation in the Amount of $170,667.00.00 for engineering, environmental services and construction of the SH 183 at North Beach Street Highway Safety Improvement project. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH, TEXAS, THAT: The City Manager is hereby authorized to execute an Advance Funding Agreement with the Texas Department of Transportation (CSJ: 0094-01-041) in the Amount of $475,470.00 with Federal Participation in the Amount of $229,787.00, State Participation in the Amount of $75,016.00 and Local Participation in the Amount of $170,667.00.00, plus cost overruns, for engineering, environmental services and construction of the SH183 at North Beach Street Highway Safety Improvement project. Adopted this 27th day of September 2022. ATTEST: 'r• `q--0.0, t 'J By: Jannette S.Goodall(Sep 30,2022 14:26 CDT) _ i= Janette S. Goodall, City Secretary * ''• '*y+ •••�`XAS MAYOR AND COUNCIL COMMUNICATION MAP SH183 AT N BEACH ST HSIP PROJECT r N Chesser Boyer Road F- cu - U a « Q ;, Haltom City m z SH 183 ■ Noillicist 2$th Street r• iL ° F � n C ° °Nr,ngdale Road LL US 377 7 ,l1 °o Avenue cr o CPN#103642 City of Fort Worth, Texas Mayor and Council Communication DATE: 09/27/22 M&C FILE NUMBER: M&C 22-0768 LOG NAME: 2022 SH183 AT NORTH BEACH STREET AFA SUBJECT (CD 4)Adopt Resolution Authorizing Execution of an Advance Funding Agreement with the Texas Department of Transportation in the Amount of $475,470.00,of Which$170,667.00 is City Participation for the State Highway 183 at North Beach Street Highway Safety Improvement Project(2018 Bond Program) RECOMMENDATION: It is recommended that the City Council adopt the attached resolution authorizing execution of an advance funding agreement(CSJ#0094-01- 041)with the Texas Department of Transportation in the amount of$475,470.00,of which$170,667.00 is City participation for the State Highway 183 at North Beach Street Highway Safety Improvement project(City Project No. 103642). 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)in the amount of$475,470.00,of which federal participation is in the amount of$229,787.00,state participation is in the amount of$75,016.00 and$170,667.00 is City participation for the State Highway 183 at North Beach Street Highway Safety Improvement project(City Project No. 103642). The scope of this project includes signal rebuild including signal improvements including Audible Pedestrian System(APS),refresh pavement markings,flashing yellow arrow for all approaches,new raised median,and advance signal warning signs for all approaches signal improvements. j This project will be led by TXDOT in June 2023.The State will be responsible for securing the federal and State share of the funding required for the development and construction of the project. City funds have been appropriated to this project for design, right-of-way,utilities and project management purposes.The City bears the responsibility to pay for cost overruns. The table below summarizes funding for the project: Total Projects Costs for the SH183 at North Beach Street Highway Safety Improvement project(City Project No. 103642) Fund Federal State Local Total 34018-2018 Bond $170,667.00 $170,667.00 Program Fund Unappropriated $229,787.00 $75,016.00 $304,803.00 Total $229,787.00 $75,016.00 $170,667.00 $475,470.00 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. Funding for the required City participation is budgeted in the 2018 Bond Program Fund for the purpose of funding the State Highway 183 at North Beach project,as appropriated. This project is located in COUNCIL DISTRICT 4. A Form 1295 is not required because:This contract will be with a governmental entity,state agency or public institution of higher education: TXDOT&Federal FISCAL INFORMATION/CERTIFICATION: The Director of Finance certifies that funds are available in the current capital budget,as previously appropriated,in the 2018 Bond Program Fund for the SH183 at N Beach St project to support the approval of the above recommendation and execution of the advance funding agreement. Prior to any expenditure being incurred,the Transportation&Public Works Department has the responsibility to validate the availability of funds. Submitted for City Manager's Office W. William Johnson 8018 Originating Business Unit Head: Lauren L. Prieur 6035 Additional Information Contact: Monty Hall 8662 Expedited