Posting Language
Title
Approve a resolution authorizing negotiation and execution of an advance funding agreement with the Texas Department of Transportation for engineering and design study for cap and stitch improvements on the IH-35 Capital Express project for a total estimated cost of $1,818,334 with the City's share of the costs estimated to be $166,667 plus any cost overruns.
De
Lead Department
Transportation and Public Works Department.
Fiscal Note
Funding is available in the Capital Budget of the Transportation and Public Works Department.
Prior Council Action:
December 8, 2022 - Ordinance No. 20221208-054 authorizing an advance funding agreement between the City of Austin and the Texas Department of Transportation to support design and engineering of highway caps and stitches over IH-35 and development of community benefits and amenities along the IH-35 corridor; and amending the Fiscal year 2022-2023 Austin Transportation Department Operating Budget Special Revenue Fund (Ordinance No. 20220817-004) to accept and appropriate $1,500,000 in grant funds; and amending the Austin Transportation Department Capital Budget (Ordinance No. 20220817-004) to transfer in and appropriate funds for design and engineering related to IH-35, was approved on an 11-0 vote.
For More Information:
Richard Mendoza, Interim Director, 512-974-2488; Michelle Marx, Acting Transportation Officer, (512) 974-4357; Gilda Powers, Administrative Manager, 512-974-7092.
Additional Backup Information:
This action will supplement the previous Council Ordinance No. 20221205-054 approved on December 8, 2022, which did not specifically authorize the City manager or designee to negotiate and execute the Advance Funding Agreement (AFA) and did not reflect the required 10 percent local match, or City responsibility for cost overruns. These supplements will allow the AFA to be fully executed with the Texas Department of Transportation (TxDOT).
The Congressional Grants Division in the ...
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