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HomeMy WebLinkAboutIR 025 (3) INFORMAL REPORT TO CITY COUNCIL MEMBERS No. 23-025 To the Mayor and Members of the City Council February 7, 2023 Page 1 of 1 xA. SUBJECT: 2021 TARRANT COUNTY BOND PROGRAM INTERLOCAL 1875 AGREEMENTS On April 6, 2021, City Council adopted Resolution No. 5377-04-2021 (M&C 21-0243), expressing support for City-proposed transportation projects submitted for Tarrant County's 2021 Transportation Bond Program. Tarrant County awarded six projects for the first round of applications, funded up to $78.4 million, which is almost 40% of the total cost for the six projects of almost $200 million. The City will contribute approximately $121.0 million. There will be an M&C on the February 14, 2023 Council Agenda to authorize the execution of the Interlocal agreements for each of the awarded projects. The table below depicts the awarded projects and their funding levels. Project City Funding Tarrant County ILA Project Total 101012 - Cromwell-Marine Creek $23,330,000.00 $13,910,000.00 $37,240,000.00 101014 - Avondale Haslet Road $29,600,000.00 $19,300,000.00 $48,900,000.00 103278 - Bonds Ranch-Wagley $20,007,000.00 $12,400,000.00 $32,407,000.00 Robertson 103299 - WJ Boaz Road $16,600,000.00 $10,700,000.00 $27,300,000.00 103271 - Everman Parkway $26,066,876.00 $15,350,000.00 $41,416,876.00 103332 - Intermodal Parkway $5,750,000.00 $6,750,000.00 $12,500,000.00 Project Total $121,353,876.00 $78,410,000.00 $199,763,876.00 If you have any questions, please contact Lauren Prieur, Interim Director, Transportation and Public Works Department, at Lauren.Prieur(a)fortworthtexas.gov or 817-392-6035. David Cooke City Manager ISSUED BY THE CITY MANAGER FORT WORTH, TEXAS