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HomeMy WebLinkAbout6317-06-2026 - City Council - ResolutionRESOLUTION NO. 6317-06-2026 A RESOLUTION AUTHORIZING EXECUTION OF AN ADVANCED FUNDING AGREEMENT WITH THE TEXAS DEPARTMENT OF TRANSPORTATION IN THE AMOUNT OF $9,790,622.00 WITH CITY PARTICIPATION IN THE AMOUNT OF $465,000.00 AND TRANSPORTATION DEVELOPMENT CREDITS IN THE AMOUNT OF 1,860,000, PLUS ANY COST OVERRUNS, FOR CONSTRUCTION OF THE VA: EVERMAN SAFE STREETS 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 City of Fort Worth (" City"), in conjunction with the City of Everman and Tarrant County, desires to improve safety by installing multimodal bicycle and pedestrian infrastructure within the project area, which connects four schools generally along Everman Parkway and South Race Street, within the Cities of Fort Worth and Everman; and WHEREAS, the Everman Parkway Safe Streets Project will improve safety for pedestrians, bicyclists and motorists as well as enhance the aesthetics of the roadways within the project area by installing cycle tracks, bike lanes, green -stamped sharrows and associated safety infrastructure; and WHEREAS, the City desires to enter into an Advance Funding Agreement with the Texas Department of Transportation for the Va: Everman Safe Streets Project in the amount of $9,790,622.00 with Federal Participation in the amount of $9,300,00.00, State Costs in the amount of $25,622.00, and City Participation in the amount of $465,000.00 and Transportation Development Credits in the amount of 1,860,000. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH, TEXAS: The City Council authorizes the City Manager or Assistant City Manager to execute an Advance Funding Agreement with the Texas Department of Transportation for the Va: Everman Safe Streets Project (CSJ: 0902-90-334) in the amount of $9,790,622.00 with City Participation in the amount of $465,000.00 plus transportation development credits in the amount of 1,860,000, plus any cost overruns. Adopted this 9th day of June 2026. ATTEST: By: Jannette S. Goodall, City Secretary �'ClpFoFOR " p � o o0 o � (.) o 0 o oy o 000O L� �a� �EXASa�p Mayor & Council Map I CSJ 0902-90-334 Everman Parkway Safe Streets Project Everman Parkway from Oak Grove Rd to Forest Hill Dr I CD # 8 A FORT WORTH Project Extent Council District 8 -Chris Nettles A Data Source: CFW GIS, Nearmap I Map generated July 2025 0 1,000 2,000 TPW Business Support Services Copyright ® 2025 City of Fort Worth. Unauthorized reproduction is a violation of applicable laws. This data is to be use for graphical representation only. The accuracy Feet is not to be takenlused as data produced for engineering purposes or by a registered professional land surveyor. The City of Fort Worth assumes no responsibility for the accuracy of said data. City of Fort Worth, Texas Mayor and Council Communication DATE: 06/09/26 M&C FILE NUMBER: M&C 26-0507 LOG NAME: 20EVERMAN PARKWAY SAFE STREETS PROJECT UPDATED AFA SUBJECT (CD 8) Rescind Resolution No. 6235-01-2026 and Adopt a Resolution Authorizing Execution of an Advance Funding Agreement with the Texas Department of Transportation in the Amount of $9,790,622.00, with City Participation in the Amount of $465,000.00 and Transportation Development Credits in the Amount of 1,860,000, Plus Any Cost Overruns, for the Everman Parkway Safe Streets Project RECOMMENDATION: It is recommended that the City Council: 1. Rescind Resolution No. 6235-01-2026; and 2. Adopt the attached resolution authorizing execution of an Advance Funding Agreement with the Texas Department of Transportation (CSJ# 0902-90-334) for the Everman Safe Streets project (City Project No. 106479) in the amount of $9,790,622.00 with Local Participation in the Amount of $465,000.00 and Transportation Development Credits in the amount of 1,860,000, plus any cost overruns. DISCUSSION: The purpose of this Mayor and Council Communication (M&C) is to rescind Resolution No. 6235-01-2026, adopted by M&C 26-0043, and adopt a new resolution authorizing execution of an Advance Funding Agreement (AFA) with the Texas Department of Transportation (TxDOT) in the amount of $9,790,622.00 with Local Participation by Transportation Development Credits (TDCs) in the amount of 1,860,000 and City Funds in the amount of $465,000.00 for the Everman Safe Streets project (City Project No. 106479). The Federal participation portion will be in the amount of $9,300,000.00, and revised State participation will be in the amount of $25,622.00. The initial payment for the City participation is $232,500.00. The Transportation Development Credits (TDCs) in the amount of 1,860,000 will be applied and tracked as a non -spendable item in the Grants Capital Project Other Fund. The scope of work for the project remains as described in M&C 26-0043. All other actions in M&C 26-0043 remain valid. The total project budget, as revised, is summarized below: Participation Fund Authority Original Authority Amended (M&C) Budget (M&C) Budget Grants Federal Capital 26-0043 $9,300,000.00 $9,300,000.00 Federal Fund State State 26-0043 $491,970.00 This M&C $25,622.00 2022 Bond Program Local Fund 26-0043 $465,000.00 $465,000.00 (City Project No. PB0021) Total AFA Contract 26-0043 $10,256,970.00 This M&C $9,790,622.00 Amount TDC (not Grants included in Cap Total AFA Projects 26-0043 1,860,000 1,860,000 Contract Other Amount) Fund This 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 approval of these recommendations will have no material effect on City funds. Submitted for Citv Manaaer's Office bv: Jesica McEachern 5804 Oriainatina Business Unit Head: Lauren Prieur 6035 Additional Information Contact: Monty Hall 8662