CITY OF MANSFIELD - File #: 12-0225

• File #: 12-0225
• Version: 1
• Name: Resolution - A Resolution of the City Council of the City of Mansfield, Texas, Approving the Expenditure by the Mansfield Economic Development Corporation of no more than $675,000 for Improvements to Trinity Drive, Easy Drive and 5th Avenue in Mansfield I
• Type: Resolution
• Status: Passed
• File created: 7/13/2012
• In control: City Council
• On agenda: 7/23/2012
• Final action: 7/23/2012
• Title: Resolution - A Resolution of the City Council of the City of Mansfield, Texas, Approving the Expenditure by the Mansfield Economic Development Corporation of no more than $675,000 for Improvements to Trinity Drive, Easy Drive and 5th Avenue in Mansfield Industrial Park

Date	Ver.	Action By	Action	Result
7/23/2012	1	City Council	Approved	Pass

Title

Resolution - A Resolution of the City Council of the City of Mansfield, Texas, Approving the Expenditure by the Mansfield Economic Development Corporation of no more than $675,000 for Improvements to Trinity Drive, Easy Drive and 5^th Avenue in Mansfield Industrial Park

Requested Action

Approval of the Resolution authorizing the expenditure of no more than $675,000 for improvements to Trinity Drive, Easy Drive and 5th Avenue

Recommendation

Approval of the Resolution authorizing the expenditure of no more than $675,000 for improvements to Trinity Drive, Easy Drive and 5th Avenue

Description/History

Recently the City Manager's office was contacted by Dennis Withers, CEO of Trinity Forge located on Trinity Drive in the Mansfield Industrial Park to express his concern over the condition of that road and request that something be done to improve it.  5^th Avenue and Easy Drive are equally in need of improvement. The City Engineer and Director Public Works recommend full depth asphalt reconstruction. This process involves removing and remixing the existing asphalt material, using it as the 8 inch base material and putting a 6 inch layer of new asphalt on top of it. The streets will be the same quality as 2^nd Avenue and should last for at least ten years, depending on traffic volumes. The work will be performed using City of Mansfield labor.The estimated cost to reconstruct all three streets as depicted on the attached aerial is $675,000. The cost per square foot is $3.44.The individual breakdown of costs is as follows :

Easy Drive - 3,390 ft. x 24 ft.  =  $280,000

Trinity Drive - 1,200 ft. x 24 ft. = $100,000

Fifth Avenue - 2,250 ft. x 30 ft. = $255,000

Allowance for Bar Ditch grading

And culvert work                         =  $30,000

                                                     _______

                                                     $665,000

Contingency                                  $ 10,000

                                                       ________

Total                                               $675,000    

At the July 10th MEDC Board meeting the Board voted 6 to 0 (Heather Harris absent) to approve no more than $675,000 for these improvements.

Justification

The Mansfield Industrial Park is home to the majority of over one hundred industrial companies located in Mansfield. There are a total of twenty companies located on Trinity Drive, Easy Drive, and 5^th Avenue. These companies currently employ 690 full-time employees. The total property taxes paid to the City from these companies based on 2012 property values is $240,779.94. This is consistent with the other industrial road projects funded by MEDC - 4th Avenue Burl Ray and Antler Drive.

Funding Source

4A

Prepared By

Scott Welmaker, Director Economic Development

817-453-1006