Title
Resolution - Resolution Authorizing Additional Funding to TxDOT to Cover Costs Associated with the Completed US 287 Ramps and Texas U-Turn Project in the Amount of $893,718.11 (Street Bond Fund)
Requested Action
Approval of additional funding to TxDOT for the US 287 Ramps and Texas U-turn project.
Recommendation
Staff recommends the approval of the attached resolution.
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. The LPAFA also contains an estimate of funding for the project. The terms in the LPAFA agreement state “The Local Government will be responsible for any cost overruns”.
In April 2012 the City submitted a payment of $8,500.00 to TxDOT for review of the traffic study for the US 287 Ramps and Texas U-turn project. In October 2013 the Council approved Resolution #2953-13 which authorized the LPAFA with TxDOT and approved funds in the amount of $59,452.00 for TxDOT design review. In April 2016 the Council approved Resolution #3233-16 which authorized an amendment to the LPAFA with TxDOT and funding in the amount of $4,140,725.24 to cover estimated costs associated with construction. These costs included TxDOT bid procurement, management, testing and oversight. The total City funds submitted to TxDOT for this project is $4,208,677.24. TxDOT provided the construction management for this project.
The construction improvements of the US 287 on and off-ramps between Walnut Creek Drive and Debbie Lane along with the northbound to southbound Texas U-turn at Debbie Lane was offi...
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