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2024-R-128

A Resolution authorizing the City Manager to execute an Advanced Funding Agreement (AFA) No. 3483-02-002 with the Texas Department of Transportation (TXDOT) for an On-System Project funded through the Urban Connectivity Program, Metropolitan Area Corridor Program, Preventative Maintenance & Rehab Program, and Surface Transportation Program Metropolitan Mobility. This project consists of constructing a new location roadway, SH 84, from FM 1472 to IH 35, approximately 8.43 mi long. The project includes the limits of the new location roadway Hachar-Reuthinger, previously referenced in AFA 0922-33-165. As a result, the original AFA for CSJ: 0922-33-165 will be terminated. The City of Laredo and the Texas Department of Transportation have negotiated terms of an Advanced Funding Agreement in the estimated amount of $210,626,999.00, with federal participation in the estimated amount of $126,294,218.00, state participation in the estimated amount of $49,266,346.00 and local participation in the estimated amount of $35,700,000.00. State participation will cover 100% of environmental, ROW mapping, PS&E and direct state costs, including overruns. The City of Laredo shall acquire the necessary Right-of-Way and obtain necessary Utility clearances with local funds, including overruns.

Resolution Agenda Ready Introduced March 22, 2024

What this record is

Amount
$210.6M
Runs until
Not stated in the agenda text — the term is normally in the signed agreement, attached to the original item ↗
Type
contract
Field
Construction

construction contracts in TX that end within a year →
Governments publish the end date in the award. That date is when the work goes back out to bid, and it is usually stated years ahead.

Read automatically from the title of the official record. The source document below is authoritative.

Committee
City Council
Requested by
Engineering
Introduced
March 22, 2024
On agenda
April 2, 2024

Where it was heard

City Council Apr 2, 2024

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