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HomeMy WebLinkAboutResolution 5656-11-2022 A Resolution NO. 5656-11-2022 A RESOLUTION AUTHORIZING EXECUTION OF AMENDMENT NO. 1 TO AN ADVANCE FUNDING AGREEMENT WITH THE TEXAS DEPARTMENT OF TRANSPORTATION TO INCREASE FEDERAL FUNDING TO 100% FROM 63% AND DECREASE INDIRECT STATE COST BY $177.00 FOR THE CONSTRUCTION OF THE 2018 RAILROAD TRINITY RAILWAY EXPRESS (TRE) AT RIVERSIDE DRIVE PROJECT. WHEREAS, the City of Fort Worth and the Texas Department of Transportation ("TxDOT") entered into a Local Project Advance Funding Agreement ("AFA") (City Secretary No. 57854; CSJ#0902-00-317) for the construction of the 2018 Railroad Trinity Railway Express (TRE) at Riverside Drive Project; WHEREAS, due to the Infrastructure Investment and Jobs Act (IIJA) provisions through Federal Highway Administration (HHWA), 100% of the construction estimate can now be covered by the Railway-Highway Crossing Section 130 Program fund; and, WHEREAS, it has become necessary to amend the AFA to increase Federal participation to 100% from 63% for the construction and decrease indirect state costs by $177.00. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH, THAT: The City Manager is authorized to execute Amendment No. 1 to the Advance Funding Agreement with the Texas Department of Transportation (City Secretary No. 57854) to increase Federal participation to 100% from 63% and decrease indirect state cost by $177.00 for the construction of the 2018 Railroad Trinity Railway Express (TRE) at Riverside Drive Project. After federal funding reaches the maximum obligated amount, the City will thereafter be responsible for cost overruns. Adopted this 29th day of November 2022. ATTEST L%6ffP`M644e cl F Jannette S.Goodall(Dec 1,2022 15:55 CST) O� ••O�T Jannette S. Goodall G� City Secretary V `� ��S MAYOR AND COUNCIL COMMUNICATION MAP 2018 Bond Railroad THE at Riverside Drive Project Number 104004 00 �s { { A -� I Project Location T {{ i!— ,w 4rJL 4 - -�7 0SA r 1 J • 1 � 71y• s Copyright 2014 City of Fort Worth.Unauthorized reproduction is a violation of applicable laws.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: 11/29/22 M&C FILE NUMBER: M&C 22-0990 LOG NAME: 2022 2018 RAILROAD THE AT RIVERSIDE AFA-AMENDMENT 1 SUBJECT (CD 8)Adopt a Resolution Authorizing Execution of Amendment No. 1 to the Advance Funding Agreement with the Texas Department of Transportation for the 2018 Railroad Trinity Railway Express at Riverside Drive Project to Increase Federal Funding to 100%from 63%and Decrease Indirect State Cost by$177.00 RECOMMENDATION: It is recommended that the City Council adopt the attached Resolution authorizing execution of Amendment No. 1 to the Advance Funding Agreement with the Texas Department of Transportation for the 2018 Railroad Trinity Railway Express at Riverside Drive project to increase Federal participation to 100%from 63%and decrease indirect state cost by$177.00(City Secretary Contract No. 57854; CSJ#0902-00-317) (City Project No. 104004). DISCUSSION: The purpose of this Mayor and Council Communication(M&C)is to adopt a resolution authorizing the execution of an amendment to an Advance Funding Agreement(AFA)with the Texas Department of Transportation(TxDOT)(City Secretary Contract No. 57854; CSJ#0902-00-317)for an increase in Federal participation on the construction responsibilities to 100%from 63%and decrease indirect state cost by$177.00.After the federal funding reaches the maximum obligated amount,the City will thereafter be responsible for cost overruns. The City Council approved an Advance Funding Agreement(AFA)with TxDOT in the amount of$489,675.00 on May 10,2022(M&C 22-0335)for the construction of the 2018 Railroad Trinity Railway Express at Riverside Drive project.The construction responsibility cost was estimated to be $268,038.00, of which$168,864.00 is federal participation and$99,174.00 is the City's participation. However,due to the Infrastructure Investment and Jobs Act(IIJA)provisions through Federal Highway Administration(FHWA), 100%of the construction estimate can now be covered by the Railway-Highway Crossing Section 130 Program fund.Therefore,this amendment No. 1 to City Secretary Contract No.57854 is necessary.The following table summarizes the cost for the project: Project Cost for the 2018 Bond RR THE at Riverside(City Project No. 104004) Fund Original Budget Amendment Revised Budget Grant Capital $268,038.00 Net Zero $268,038.00 Projects Unappropriated $21,046.00 ($177.00) $20,869.00 Indirect State Cost 2018 Bond Program $395,000.00 $0.00 $395,000.00 Fund Grand Total $684,084.00 ($177.00) $683,907.00 The project is located in COUNCIL DISTRICT 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 execution of the amendment to the agreement,funds will be available in the current capital budgets,as appropriated, in the Grants Capital Projects State Fund.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 by: William Johnson 5806 Originating Business Unit Head: Lauren Pdeur 6035 Additional Information Contact: Monty Hall 8662 Expedited