SUBJECT: Advance Funding Agreement between the City of Houston and TxDOT for a Drainage Project Local Government Contribution On-System, IH 610 / IH 69 Interchange.
RECOMMENDATION: Adopt an ordinance approving and authorizing an Advance Funding Agreement between the City of Houston and TxDOT and appropriate funds.
PROJECT NOTICE/JUSTIFICATION: The Texas Transportation Commission passed Minute Order No. 114491 authorizing the State to undertake and complete a highway improvement generally described as IH 610 northbound at IH 69 southbound.
DESCRIPTION: This project consists of the design and construction of a direct connector at IH 610/ IH 69 Interchange.
LOCATION: The project area is generally bound by Richmond on the north, Westpark on the south, Fountainview on the east and Newcastle on the west. The project is located in Key Map Grid Nos. 491X, Y, & Z.
SCOPE OF THE AGREEMENT AND FEE: The City of Houston has agreed to participate in the project for the mutual drainage benefits. TxDOT will design and construct the drainage improvements at the proposed interchange. The City is responsible for the first $8,000,000.00. Any cost exceeding this amount will be the responsibility of TxDOT. The City will appropriate these funds in three equal payments. This appropriation of $2,666,666.67 will cover the initial payment. The remaining two payments will be due by September 30, 2018 and September 30, 2019.
The total requested amount of $3,066,666.67 is to be appropriated as follows: $2,666,666.67 for the project cost and $400,000.00 for CIP Cost Recovery.
FISCAL NOTE:
No significant Fiscal Operating Impact is anticipated as a result of this project.
ACTION RECOMMENDED: It is recommended that City Council adopt an ordinance approving and authorizing an Advance Funding Agreement between the City of Houston and TxDOT and appropriate funds.
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Carol Ellinger Haddock, P.E.
Director
Houston Public Works
WBS Nos.: N-TX0069-0001-7, M-410521-0204-7