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R-01-03-22-12G8 - 3/22/2001R.\ HPOOCS \RESOLUTI\R10322O8.NPU /s1s RESOLUTION NO. R - 01 03 22 - 12G8 WHEREAS,on August 10, 2000, the Round Rock Transportation System Development Corporation ( "Corporation ") entered into a Funding Agreement with the Texas Department of Transportation in which the Corporation agreed to pay for the cost associated with the acquisition of right -of -way for the SH 45 Frontage Road Project ( "Project "), and WHEREAS, City Council approved the action of the Corporation by Resolution No. R- 00- 08- 10 -10D1 dated August 10, 2000, and WHEREAS, there is a large metal building located on one of the tracts to be acquired which must be removed, and WHEREAS, TxDOT has agreed to enter into a Change Order with the Project construction contractor, subject to the approval of the Corporation of a Third Party Funding Agreement, whereby the Corporation bears the cost of the removal of the building, and WHEREAS, on March 22, 2001, the Corporation authorized the execution of said Third Party Funding Agreement, and WHEREAS, the City Council wishes to approve of the action of the Corporation to enter into the Third Party Funding Agreement and bear the cost of the building removal, Now Therefore BE IT RESOLVED BY THE COUNCIL OF THE CITY OF ROUND ROCK, TEXAS, That City Council hereby approves the action of the Round Rock Transportation System Development Corporation authorizing the execution of a Third Party Funding Agreement with TxDOT regarding the removal of a metal building located on the right -of -way of the SH 45 Frontage Road Project. The City Council hereby finds and declares that written notice of the date, hour, place and subject of the meeting at which this Resolution was adopted was posted and that such meeting was open to the public as required by law at all times during which this Resolution and the subject matter hereof were discussed, considered and formally acted upon, all as required by the Open Meetings Act, Chapter 551, Texas Government Code, as amended, and the Act. RESOLVED this 22nd day of March, 2001. A TEST: JOANNE LAND, City Secretary d#12 /5MV5 I77g27/iuoz, A6S1' 2 S RO F A. STLUKA, J4, Mayor City of Round Rock, Texas DATE: SUBJECT: ITEM: ImpactBenefit: Public Comment: Sponsor: NA March 16, 2001 City Council Meeting — March 22, 2001 12.G.8. Consider a resolution approving the action of the Round Rock Transportation System Development Corporation concerning the Third Party Funding Agreement for Change Order No. 2 for the SH 45 frontage road project. Resource: Jim Nuse, Public Works Director Tom Word, Traffic Engineer History: The Texas Department of Transportation has awarded a contract for the construction of SH 45 Frontage Roads from A.W. Grimes Boulevard to CR 172 in Round Rock. On August 10, 2000, the Round Rock Transportation System Development Corporation entered into a Funding Agreement with the TxDOT in which the Corporation agreed to pay 100% of the cost associated providing right - of -way free and clear for the proposed SH 45 Frontage Road project. The City Council approved the action of the Corporation by Resolution No. R- 00- 08 -10- 10D1 dated August 10, 2000. This expenditure is also included in the Corporation's currently approved Transportation Capital Improvement Program. This agreement provides for the State's contractor, Balfour Beatty, to salvage the metal building located at 900 Louis Henna Boulevard and remove the existing building slab as a change order to the existing highway construction contract. Staff recommends entering into this agreement. Funding: Cost: Under negotiation to be finalized prior to City Council meeting on March 22, 2001. Source of funds: Round Rock Transportation System Development Corporation The City is obligated to get this building removed as quickly as possible. Entering into this agreement will save approximately 4 weeks time in getting the building removed. A public hearing was conducted by the Corporation when SH 45 was added to the Transportation Capital Improvement Program.