Loading...
HomeMy WebLinkAboutItem 06 - Advanced Funding AgreementITEM # 6 MEMO TO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL FROM: BRUNO RUMBELOW, CITY MANAGER MEETING DATE: MARCH 15, 2011 SUBJECT: ADVANCED FUNDING AGREEMENT AMENDMENT # 2 RECOMMENDATION: City Council to consider approving Advanced Funding Agreement # 2 with TxDOT for the Euless Grapevine/Stone Myers Parkway construction project, authorize staff to execute said amendment and take any necessary action. FUNDING SOURCE: Funds are programmed for Euless Grapevine Road /Stone Myers Parkway from OOA GO Bonds, account number 178 -78106 -012. BACKGROUND: Staff has. previously briefed the City Council on the Hudgins Street Roadway and Pedestrian Enhancement Project being awarded funds from the NCTCOG under the 2009 Call for Projects. The award provided for $567,000 in federal funds from the NCTCOG and $141,700 from the City, (80 %/20 %). The NCTCOG Staff proposed that we try to reallocate funds between projects on -going in Grapevine to remove the less flexibile federal requirements from the relatively small scale Hudgins Street project. The City Staff, TxDOT Staff and NCTCOG Staff developed a means to accomplish this by increasing the federal funding for the Euless Grapevine I Stone Myers Parkway by $567,000 from the Hudgins Street project and reducing the required City participation by an equal amount. The City can then apply the funds released from our commitment to Euless Grapevine/Stone Myers Parkway to construct the Hudgins Street project solely with City Funds. The proposed amendment reflects the funding modifications. Staff recommends approval. R:I AGENDA 12011103- 15- 11 \Amendment# 2 T xDOT AFA EG Rd.doc STATE OF TEXAS § COUNTY OF TRAVIS § CSJ # 0902 -48 -537 / STP 2004 (758)MM District # 02 -)Fort Worth Code Chart 64 # 17200 Project: Euless /Grapevine/Mustang From SH 360 to Mustang Drive Federal Highway Administration CFDA # 20.205 ADVANCE FUNDING AGREEMENT AMENDMENT #2 THIS AMENDMENT IS MADE BY AND BETWEEN the State of Texas, acting through the Texas Department of Transportation, hereinafter called the State, and the City of Grapevine, acting by and through its duly authorized officials, hereinafter called the Local Government. WITNESSETH WHEREAS,. the State and the Local Government executed a contract on July 6, 2004 to effectuate their agreement to the widening of Euless- Grapevine Road from 2 to 4 lanes from SH 360 to SH 121, constructing a new 4 lane undivided section; and, WHEREAS, Amendment #1 was executed on April 8, 2008; and, WHEREAS, the North Central Texas Council of Governments has revised the scope of work t6.add'traf ic.sigdat. improvement on Mustang Drive at Stone Meyers Parkway and to clarify the limits as Euless- GrapevinelMusiang:from SH. 360 to Mustang. Drive; widen segment of Euless - Grapevine /Stone'M6yers. Parkway from SH 360 to Prospect. Parkway from 2 to 4 lane.: undivided and construct new 4 lane; undivided on segment'of Stone Meyers'Parkway.from Prospect Parkway to Mustang-,Drive; decrease the,:aufhorized funding by.$175,000;00 to $7,021,000 ($4,851-503:1 ederaF;funds and $2,169,497 local. participation); and WHEREAS, it has become necessary to amend that contract; NOW THEREFORE, in consideration of the premises and of the mutual covenants and agreements of the parties hereto, the State and the Local Government do agree as follows: AGREEMENT Article 1. Description of Amended Items Attachment C -1, Project Budget Estimate and Source of Funds, of Amendment #1 is deleted in its entirety, and replaced with Attachment C -2, Project Budget Estimate and Source of Funds All other provisions of the original contract are unchanged and remain in full force and effect. Article 2. Signatory Warranty The signatories to this amendment warrant that each has the authority to enter into this agreement on behalf of the organization represented. AFA AFA Amend Page 1 of 2 Revised 10 -11 -10 CSJ # 0902 -48 -5371 STP 2004(758 )MM District # 02 -Fort Worth Code Chart 64 # 17200 Project: Euless /Grapevine/Mustang From SH 360 to Mustang Drive Federal Highway Administration CFDA # 20.205 IN WITNESS WHEREOF, THE STATE AND THE LOCAL GOVERNMENT have executed duplicate counterparts to effectuate this agreement. THE LOCAL GOVERNMENT THE STATE OF TEXAS By: Name of Local Government Signature Executed for the Executive Director and approved for the Texas Transportation Commission for the purpose and effect of activating and/or carrying out the orders, established policies or work programs heretofore approved and authorized by the Texas Transportation Commission. AFA AFA_Amend Page 2 of 2 Revised 10 -11 -10 ca F v � to U UP,wwU U3 Z L1.. - LL O c M W N U � U D ~ O . Z Q C'S1 � W W N .. V � � a� aw � 0 �S] � U U � W O � H C/1 O U cs 4— U Cd O Q T/] N � O U 43 O aYe. o _O U r`' O a O 4 C� W N 4- W 0 r r r CD r Q) Q� rdo C Q7 E <� U- . 01 C'S1 � b C1 LL \ * \ a C? o �s a o Qs o t vi C5 - ON-- b o n,: :: n n y Y i U 15 N Q 3 y C3 ^ U U U� Ui: UY C/1 O U cs 4— U Cd O Q T/] N � O U 43 O aYe. o _O U r`' O a O 4 C� W N 4- W 0 r r r CD r Q) Q� rdo C Q7 E <� U- o o'.o r ooso((DD ,r� r-r�f bA N Ci} O C:) C:) 4 CG �' '•J' � '" i (S �} E!-}' 64 (i Iti Iti . Iti � i` Fti � Iti .' ti 0 co O V CL i t C, L ' L � C9 (* co to' 0 Q (0, CD � � = tif�O� C3�= C3�s4�:l�l��l�a1`:ti�tiFr�ti��i i SasC*�,.C'7M _C*�Cl74CQ�C'- (OCAnCfl= LD'CDs� [p Lct In M co, m COjM CO .l�'f� i C13 CO co co C� r c (O CD to C0 C.0, co : Cp w co o EH_£�J�3f} Ef- Y :'Ef?�64�6�?�6R�E3b9�EFtaEH��, n s IwG' lQ/l t�'�vo osOyO �£�= OPT %� p p�C s,' y W A Y_• F- '30' � °._Q 0n�e0b � C) jC QS � �% V a LL �r r V C Lxr c 4 1�IX x 2 i IL �= c n 3 .0 4) o0o "a000µo000,00," 3 =o,o o =cn o 0 0 o o;o =oho -" [] Co"QL[]OSQI Q6QQ eQ� CO V> fG •„�� Vl' fp 3 c ' c � n � ~ W = 3� •r en s .. ry e O1 �L � p _O 0 � i r; I,az