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HomeMy WebLinkAbout26-6347 - City Council - ResolutionA Resolution RESOLUTION 26-6347 A RESOLUTION AUTHORIZING EXECUTION OF AMENDMENT NO. 2 TO AN ADVANCE FUNDING AGREEMENT WITH THE TEXAS DEPARTMENT OF TRANSPORTATION TO INCREASE THE PROJECT AMOUNT TO $1,243,736.00 WITH CITY PARTICIPATION IN THE AMOUNT OF $224,004.00 PLUS ANY COST OVERRUNS FOR THE CONSTRUCTION OF THE 2018 RAILROAD TRINITY RAILWAY EXPRESS (TRE) AT N. BEACH STREET PROJECT. WHEREAS, on August 23, 2022, the City of Fort Worth and the Texas Department of Transportation ("TxDOT") entered into a Local Project Advance Funding Agreement (`'AFA") for the construction of the 2018 Railroad Trinity Railway Express (TRE) at N. Beach Street Project (M&C 22-0334; Resolution No. 5563-05-2022; City Secretary Contract No. 58040; CSJ#0902-00-315); and WHEREAS, on January 23, 2023, the City and TxDOT executed Amendment No. 1 to the Advance Funding Agreement to increase federal funding to 100% from 80% and decrease indirect state cost by $257.00 (City Secretary Contract No. 58040A-1, Resolution No. 5651-11-2022, M&C 22-0987); and WHEREAS, due to the Infrastructure Investment and Jobs Act of 2021 (IIJA), 100% of the construction estimate can now be covered by the Federal Highway Administration Railway -Highway Crossing Section 130 Program fund; and WHEREAS, bids were received on January 22, 2026, and the low bid was $538,693 higher than the estimated construction cost anticipated in the AFA, as amended; and WHEREAS, it has become necessary to amend the AFA to increase the overall total project costs by the amount of $528,926 with federal funding increasing to $1,016,477.00, State Costs decreasing to $3,255.00 and City funding increasing to $224,004.00. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH, TEXAS THAT: 1. The City Council authorizes the City Manager or Assistant City Manager to execute Amendment No. 2 to the Advance Funding Agreement with the Texas Department of Transportation for the 2018 Railroad Trinity Railway Express (TRE) at N. Beach Street project (City Secretary No. 58040; CSJ#0902-00-315) to increase the project amount to $1,243,736.00 with city participation in the amount of $224,004.00 plus any cost overruns. 2. This resolution shall be effective from and after its passage by the City Council. a�GG FORr��aa p,�o`0000000°o a� Adopted this Autust 11, 2026. ° ATTEST: By: as nExA �4�� Jannette S. Goodall, City Secretary FORT WORTH MAYOR AND COUNCIL COMMUNICATION 7.1.52 TXDOT ADVANCE FUNDING AGREEMENT AMENDMENT NO.2 FOR 2018 TRE AT N BEACH STREET PROJECT DATE: 08/11/26 M&C FILE NUMBER: M&C 26-0770 DEPARTMENT: TRANSPORTATION PUBLIC WORKS SUBJECT (CD 11) Rescind Resolution No. 6316-06-2026 and Adopt a Resolution Authorizing Execution of Amendment No. 2 to an Advance Funding Agreement with the Texas Department of Transportation to Increase the Project Amount to $1,243,736.00 with City Participation in the Amount of $224,004.00, Plus Any Cost Overruns, for the 2018 Railroad Trinity Railway Express at North Beach Street Project RECOMMENDATION It is recommended that the City Council: 1. Rescind Resolution No. 6316-06-2026; and 2. Adopt the attached resolution authorizing execution of Amendment No. 2 to the Advance Funding Agreement with the Texas Department of Transportation (City Secretary Contract No. 58040, CSJ# 0902-00-315) to increase the project amount to $1,243,736.00 with City participation in the amount of $224,004.00, plus cost overruns, for the 2018 Railroad Trinity Railroad Express at North Beach Street project (City Project No. 101865). DISCUSSION The purpose of this Mayor and Council Communication (M&C) is to rescind Resolution No. 6316-06-2026, adopted by M&C 26-0500, to correct errors and adopt a new resolution authorizing execution of Amendment No. 2 to the Advance Funding Agreement (AFA) with the Texas Department of Transportation (TxDOT) in the amount of $1,243,736.00, with City funds in the amount of $224,004.00, for the 2018 Railroad Trinity Railroad Express (TRE) at North Beach Street project (City Project No. 101865). All other actions of M&C 26-0500 shall remain valid. The project is located in COUNCIL DISTRICT 11. 1 of 2 FORT WORTH This contract will be with a governmental entity, state agency or public institution of higher education. FISCAL IN FORMATION/CERTIFICATION The Director of Finance certifies that approval of these recommendations will have no material effect on City funds. SUBMITTED FOR CITY MANAGER'S OFFICE BY: Jesica L. McEachern, # 5804 ORIGINATING BUSINESS UNIT HEAD: Lauren L. Prieur, #6035 ADDITIONAL INFORMATION CONTACT: Monty Hall, #8862 ATTACHMENTS 1. Resolution - TxDOT AFA Amendment No. 2 [7.1.52.1 - 2 pages] 2 of 2