(CD 8) Authorize Execution of an Interlocal Agreement with Tarrant County for Reimbursements of City Design and Construction Costs in an Amount Up to $1,000,000.00; Authorize Execution of an Interlocal Agreement with the City of Everman for the Everman Parkway Safe Streets Project in the Amount of $263,655.00 Plus an Additional Contribution of Transportation Development Credits Equated to $450,000, subject to State Approval of Reallocation of the Credits; Adopt Appropriation Ordinances, and Amend the Fiscal Years 2026-2030 Capital Improvement Program
Topics
Summary
Summary
This item authorizes multiple agreements and budget amendments for the Everman Parkway Safe Streets Project (City Project No. 106479). Key actions include:
- Interlocal Agreement with Tarrant County: Authorizes an agreement for reimbursements up to $1,000,000.00 for city design and construction costs. This includes adopting an appropriation ordinance to reflect these expected receipts.
- Interlocal Agreement with the City of Everman: Authorizes an agreement for reimbursements up to $263,655.00 plus any construction cost overruns within Everman for city design and construction costs. This also involves adopting a corresponding appropriation ordinance.
- Transportation Development Credits: Authorizes the use of up to $450,000.00 in Transportation Development Credits (TDCs) from the City of Everman, subject to state approval for reallocation. An appropriation ordinance will be adopted for these credits.
- Capital Improvement Program Amendment: Amends the Fiscal Years 2026-2030 Capital Improvement Program to include this project and its funding sources.
The project aims to improve pedestrian and bicycle safety along Everman Parkway, which borders Fort Worth and Everman, by installing bike lanes, shared-use paths, and enhanced crosswalks to connect four schools. The project addresses the current lack of safe paths for students biking or walking to school.
Citizen Impact
This project will improve pedestrian and bicycle safety for students traveling to schools along Everman Parkway by adding bike lanes and safe paths. Funding is primarily provided by Tarrant County and the City of Everman, with Fort Worth contributing design and inspection soft costs, minimizing direct impact on resident taxes.
Confidence
high
Committee Timeline
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