Title
Resolution - A Resolution to Approve a Local Project Advance Funding Agreement (LPAFA) with the Texas Department of Transportation for the Funding of the US Hwy 287 Ramps and Texas U-Turn Project in the Amount of $4,140,725.24 (Street Bond Fund)
Requested Action
Approval of the resolution.
Recommendation
Approval of the Local Project Advance Funding Agreement with TxDOT to fund the construction of the US Hwy 287 Ramps and Texas U-turn improvements.
Description/History
In order for TxDOT to spend funds or other resources on a transportation project with a local government, a written contract must be executed between the parties. TxDOT executes these contracts through a Local Project Advance Funding Agreement (LPAFA). These Advance Funding Agreements outline which party is responsible for conducting the work and procuring property, goods or services, such as: right-of-way, engineering plans, utility relocations, environmental studies, construction services and funding.
This LPAFA in the amount of $4,140,725.24 is for funding the construction of the US Hwy 287 on and off ramps between Walnut Creek Drive and Debbie Lane and the northbound to southbound Texas U-turn at Debbie Lane.
Justification
The Local Project Advance Funding Agreement outlines that the City of Mansfield is responsible for 100% of the financial costs of the construction and the State will be responsible for advertising, letting and contract administration of the project. The project is currently scheduled to let in September 2016.
Bonds were issued in 2015 for this project.
The Public Works Director will be in attendance at the meeting to answer Council’s questions.
Funding Source
Street Bond Fund
Prepared By
David Boski, P.E., Transportation Engineer, Public Works Department
817-276-4208