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HomeMy WebLinkAbout033464 RES - 09/10/2024 Resolution authorizing Advance Funding Agreements with the Texas Department of Transportation (TXDOT) for the State Transportation Project — Metropolitan Mobility Reconstruction for Off-System Harbor Bridge Hike and Bike Connectivity, Surface Transportation Block Grant for Off-System Harbor Bridge Parks and State Transportation Project — Flex Mitigation Project for Off-System for Harbor Bridge TC Ayers Pool with City's payment of$95,000.00 to TXDOT for direct state costs with FY2024 funding available from Park Bond 2014 Funds. WHEREAS, the estimated project cost for State Transportation Project (STP) — Metropolitan Mobility Reconstruction for Off-System Harbor Bridge Hike and Bike Connectivity is $1,582,559.65. Federal participation is $1,136,000, state participation is $45,159.65 and City participation is $284,000. The City is responsible for design and construction costs overages. WHEREAS, the estimated project cost for Surface Transportation Block Grant for Off-System Harbor Bridge Parks, including Dr. H.J. Williams Park, T.C. Ayers Park, Washington Coles Park and Ben Garza Park is $17,099,588.20. Federal participation is $3,840,000, state participation is $145,748.16 and City participation is $13,113,840. The City is responsible for design and construction cost overages. WHEREAS, the estimated project cost for STP—Flex Mitigation Project for Off-System for Harbor Bridge TC Ayers Pool is $11,984,548.16. Federal participation is $4,400,000, state participation is $1,248,748.16 and City participation is $6,338,800. The City is responsible for design and construction costs overages. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI, TEXAS: SECTION 1.The City Manager or designee (Director of Engineering Services) is authorized to execute an Advance Funding Agreement (AFA) for the State Transportation Project — Metropolitan Mobility Reconstruction for Off-System Harbor Bridge Hike and Bike Connectivity Project with the Texas Department of Transportation (TXDOT) and pay TXDOT the amount of$17,400 for reimbursement of direct state costs. SECTION 2.The City Manager or designee (Director of Engineering Services) is authorized to execute an Advance Funding Agreement (AFA) for the Surface Transportation Block Grant for Off-System Harbor Bridge Parks Mitigation Project with the Texas Department of Transportation (TXDOT) and pay TXDOT the amount of$38,800 for reimbursement of direct state costs. SECTION 3.The City Manager or designee(Director of Engineering Services) is authorized to execute an Advance Funding Agreement (AFA) for the State Transportation Project — Flex Mitigation Project for Off-System Harbor Bridge Parks Mitigation Part B Project with the Texas Department of Transportation (TXDOT) and pay TXDOT the amount of $38,800 for reimbursement of direct state costs. SECTION 4. The City Manager or designee is authorized to execute all related documents necessary to administer the Advance Funding Agreements, including minor amendments thereto. 033464 SCANNED PASSED AND APPROVED on the day of c , 2024: CITY OF CORPUS CHRISTI ATTEST: Paulette Guajardo Rebecca Huerta Mayor ci City Secretary 033464 CITY OF CORPUS CHRISTI CERTIFICATION OF FUNDS (City Charter Article IV, Sections 7 & 8) I, the Director of Financial Services of the City of Corpus Christi, Texas (or his/her duly authorized representative), hereby certify to the City Council and other appropriate officers that the money required for the current fiscal year's portion of the contract, agreement, obligation or expenditure described below is in the Treasury to the credit of the Fund specified below, from which it is to be drawn, and has not been appropriated for any other purpose. Future payments are subject to annual appropriation by the City Council. City Council Action Date: September 10, 2024, Legistar Number: 24-0961 Agenda Item: Resolution authorizing the City Manager, or designee, to execute an Advance Funding Agreement with the Texas Department of Transportation(TxDOT) for the State Transportation Project — Metropolitan Mobility Reconstruction for Off-System Harbor Bridge Hike and Bike Connectivity, Surface Transportation Block Grant for Off-System Harbor Bridge Parks and State Transportation Project— Flex Mitigation Project for Off-System for Harbor Bridge TC Ayers Pool with City's payment in an amount of $95,000.00 to TXDOT for the reimbursement of direct state costs with FY2024 funding available from Park Bond 2014 Funds. Amount Required: $95,000.00 Fund Name Fund Department Org Account Activity No. Amount Park& Rec Bond 3294 27 89 550950 E15101 $95,000.00 2014 Total $95,000.00 Director of Financial Services Date: GI —9--�4