Sugar Land 4B Corporation

Agenda Request

Agenda Of:

12/16/09

Agenda Request No:

v-b

Initiated By:

MIKE HOBBS

Responsible Department:

Public Works

Presented By:

Mike Hobbs

Department Head:

Mike Hobbs, Director of Public Works

Additional Department. Head (s):

Jennifer brown

budget & research director

Subject / Proceeding:

Hold Public Hearing

consideration and action on Funding Resolution 2009-12-04 TO DESIGN, REBUILD AND UPGRADE THE EXISTING TRAFFIC SIGNALS AT THE INTERSECTIONS OF STATE HIGHWAY 6 AT WILLIAMS TRACE BOULEVARD, STATE HIGHWAY 6 AT SETTLERS

WAY BOULEVARD, AND STATE HIGHWAY 6 AT FROST PASS

Exhibits:

Resolution No. 2009-12-04

Clearances

Approval

Legal:

eugenia cano,

assistant City Attorney

Director:

Regina Morales

Budget

Expenditure Required: $

1,025,000

Current Budget: $

1,159,524

Additional Funding: $

0

Recommended Action

Staff is recommending the approval of Resolution No. 2009-12-04 to authorize $1,025,000 in funding for the replacement of span wire signal installations with decorative at three intersections on Highway 6.

Executive Summary

The fiscal year 2006/07 capital projects budget first proposed replacement of six existing span-wire traffic signals along state highway 6 between Fluor Daniel and Dulles Avenue. The project was shown at that time as being phased over a 4 year period based on funds availability in the 4B corporation. The first funding resolution was approved for $400,000 in December 2006, which began design and partial construction of the first two intersections. In April 2008 a resolution for an additional $500,000 allocated in the FY08 budget was approved, for $900,000 authorized to date of a total $925,000 budgeted for the project. In FY 2009 both City Council and the 4B approved a capital improvements budget that included an additional $1,000,000 to address the four remaining intersections on Highway 6 at Dulles Avenue, Frost Pass, Settlers Way and Williams Trace. The Dulles Ave intersection signals will be replaced as part of the Dulles Ave reconstruction project, so the additional funds will replace the three remaining intersections along SH6 that are span wire signal installations and are nearing the end of their serviceable life. The replacement installations will be upgraded to decorative per the City’s Beautification policy as it relates to traffic signal installations along state routes.

A summary of the budgeted amounts and approved funding resolutions is below:

Fiscal Year	Amount Budgeted	Approved by Funding Resolution	Resolution No & Date Approved
2007	$ 425,000	$ 400,000	06-12-09 Dec 20,2006
2008	500,000	500,000	08-04-06 Apr 24,2008
2009	1,000,000
2010		1,025,000	2009-12-4 Dec 16, 2009 (pending)
Total	$1,925,000	$1,925,000

Since the project was funded in phases over several fiscal years, funding resolutions were completed as the project progressed and budgeted funds became available. At this time an additional funding resolution is needed to authorize the use of the remaining budgeted funds to complete the reconstruction of the Williams Trace, Settlers Way and Frost Pass intersections.

There is currently $1,159,524 unencumbered and available in the project budget for CIP No. TR0702. It is estimated that the total cost of constructing the new signals including a 15% contingency will be approximately $1,050,000 With approval of the Resolution staff will be able to fund the estimated costs and proceed with the project.

Exhibits

RESOLUTION NO. 2009-12-04

A RESOLUTION OF THE SUGAR LAND 4B CORPORATION APPROVING PROJECT FUNDING TO DESIGN, REBUILD AND UPGRADE THE EXISTING TRAFFIC SIGNALS AT THE INTERSECTIONS OF STATE HIGHWAY 6 AT WILLIAMS TRACE BOULEVARD, STATE HIGHWAY 6 AT SETTLERS WAY BOULEVARD, AND STATE HIGHWAY 6 AT FROST PASS UNDER THE FUNDING AGREEMENT WITH THE CITY OF SUGAR LAND.

WHEREAS, the Sugar Land 4B Corporation entered into a Funding Agreement with the City of Sugar Land, Texas, dated December 12, 1995, to provide funding as requested by the City for projects or activities authorized under the Development Corporation Act, Texas Local Government Code, Chapter 501, et.seq. (Act); and

WHEREAS, the City has requested that the SL4B fund the project described herein; and

WHEREAS, the Board of Directors of the SL4B finds that the project is authorized under and properly serves the purpose the Act as specified below; and

WHEREAS, notice of the project or general type of project was published on November 22, 1995, as required by the Act for Type B Corporations and the City of Sugar Land city council did not receive within 60 days of the published notice a petition from more than 10 percent of the registered votes of the City requesting that an election be held before the specific project or general type of project is undertaken; and

WHEREAS, the SL4B held a public hearing on this project on December 16, 2009; NOW, THEREFORE,

BE IT RESOLVED BY THE BOARD OF DIRECTORS

OF THE SUGAR LAND 4B CORPORATION:

Section 1. That in accordance with the Funding Agreement with the City of Sugar Land, it approves funding for the following improvements:

Description and Location of Project: Design, rebuild, and upgrade existing traffic signals at the intersections of State Highway 6 at Williams Trace Boulevard, State Highway 6 at Settlers Way Boulevard and State Highway 6 at Frost Pass to match other ornamental traffic signals along the State Highway 6 corridor.

Estimated Costs for Project: $1,025,000

Schedule: Start Finish

February 2010 September 2010

Project Authorized Under: Local Government Code, §501.103:

“Project includes expenditures for streets and related improvements that are found by the board of directors to be required or suitable for infrastructure necessary to promote or develop new or expanded business enterprises”.

APPROVED ON December 16, 2009.

__________________________

Donald G. Olson, President

Sugar Land 4B Corporation

ATTEST: Reviewed for Legal Compliance:

_____________________________

Mary Favre, Secretary/Treasurer