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HomeMy WebLinkAbout89-13 RESOLUTIONRESOLUTION NO.89-13 A RESOLUTION APPROVING A LIST OF ADDITIONAL PROJECTS TO BE FUNDED BY THE CITY'S TRANSPORTATION BOND PROGRAM BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FAYETTEVILLE, ARKANSAS: Section 1: That the City Council of the City of Fayetteville, Arkansas hereby approves the list of additional projects for addition to the City's Transportation Bond Program as delineated in the staff memorandum, attached as Exhibit "A". PASSED and APPROVED this 161h day of April, 2013. APPROVED: ATTEST: Y Y IONELD J AN, Mayor SONDRA E. SMITH, City Clerk/Treasurer ����tilisr11r1f�f S � 'tea •.�7� Zayee .e 'ARKANSAS� To Thru: From: Date: Fayetteville City Council Mayor Lioneld Jordan Don Marr, Chief of Staff Jeremy Pate, Development Services Director Chris Brown, City Engineer v� March 29, 2013 Subject: Transportation Bond Program -New Project Recommendations INTRODUCTION/SUMMARY CITY COUNCIL AGENDA MEMO MEETING DATE OF OCTOBER 16, 2012 THE CITY OF FAYETTEVILLE, ARKANSAS Over the past few months, the Street Committee has worked to develop a list of projects to be added to the Transportation Bond Program. Additional projects are needed in the Program to ensure that all of the funds generated by the bond issued authorized by voters in 2006 are utilized on street improvement projects. The excess funds available are a result of lower than estimated construction costs, additional federal -aid funding that has been secured for certain projects, a contingency/cost sharing allocation that was set aside in the program but has not been used, and the elimination of Highway 112, from Truckers Drive to Van Asche, from full funding under the Bond Program. The list of Street Committee recommended projects, and summary of each project, is included in this memo, along with additional background information on the status of the Transportation Bond Program. RECOMMENDATION After completion of all projects that are currently in the Transportation Bond Program, approximately $15.5 million remains to be spent. These funds must be spent on construction of street improvements, and must be expended in a timely manner after bonds are issued. With the third bond issue planned for 2014, new projects should be identified now in order for design, right of way acquisition, and other project activities to begin so that construction can begin as soon as possible after the bonds are issued in 2014. Projects that are recommended to be added to the Transportation Bond Program are: Estimated Other Funding Cost to CIP/Cost PROJECT NAME DESCRIPTION Project Cost Share State/Federal Bond Program Old Wire Road Mission to Crossover $4,016,000 $400,000 $3,616,000 Vantage to Zion Road Crossover $4,650,000 $150,000 $4,500,000 Regional Park Access Roads New Location $1,400,000 $1,400,000 College Ave. Enhancements Maple to Rebecca $600,000 $600,000 College Ave. Enhancements Rebecca to North St. $1,420,000 $1,420,000 STP-A Matching Funds $2,000,000 $2,000,000 Intersection Improvements and Pedestrian Crossings $500,000 $500,000 Contingency/Cost Sharing $1,464,000 $1,464,000 Total $15,500,000 2013 STP-A Projects: Rupple Road Best Friend Ln. to Mount Comfort $3,700,000 $298.000 $2,720,000 $682,000 Highway 112 Razorback Road) MLK Dr. to Leroy Pond Dr. $2,600,000 $260,000 $2,080,000 $260,000 BACKGROUND The Transportation Bond Program is funded by three bond issues, scheduled in accordance with the availability of dedicated sales tax proceeds to pay off the bonds. Two bond issuances have occurred, one in 2006, and one in 2009, totaling approximately $34.2 million of the $65.9 million approved by voters in 2006. The remaining bond issue of approximately $31.75 million is planned for 2014. The funding provided by these bonds, when combined with State/Federal funding and other City sources, will allow over $105 million of improvements to be completed. After the recent receipt of bids on several large projects, the status of the Bond Program and availability of funds in the third bond issue for additional projects is better known. A summary of the financial status is as follows: Transportation Bonds -Phases 1 and 2 $ 34,214,960.00 Transportation Bonds -Phase 3 $ 31,750,000.00 Transportation Bonds -Interest Income $ 1,575,600.00 Less: Bond Issuance Costs (Phase 3) $ (693,300.00) Total Transportation Bond Fund Proceeds $ 66,847,260.00 Total Cost of Current Projects -Estimated $(51,275,615.00) Unallocated Funds (Proceeds -Total Project Costs)* $ 15,571,645.00 * Includes $8.8 million set aside in Phase 3 for cost sharing projects. As noted above, available funds for additional projects are estimated at $15.57 million. This value has been adjusted from the one provided in a December memo to the Committee. This adjustment is due to a proposed change to Garland Avenue (Hwy 112) between I-540 and Howard Nickell Drive. Staff recommends that the funding planned to be allocated to this project be reallocated to other projects. This recommendation is based on the following: During the compilation of projects for the 2006 Bond Program, a development along Highway 112 north of Sam's Club was proposed that would have significantly impacted the traffic on Highway 112. This project was never completed, and the current configuration of Highway 112 acceptably handles current levels of traffic. The Arkansas State Highway and Transportation Department (AHTD) is designing improvements to the I-540 interchange that will impact Highway 112 up to at least Truckers Drive, and possibly further to the north. This design will not be completed until at least 2015. The AHTD is also working on a study of the Highway 112 corridor from I-540 to Bentonville. This could affect the alignment of Highway 112 north of Sam's Club; more importantly, it creates a greater potential for additional state or federal funding of the route. For these reasons, staff recommends not moving forward with plans to fully fund this project using Transportation Bond Funds; rather, it is prudent to wait on the results of the study, and be prepared to provide matching funds to State or Federal -aid funding that may become available. A summary of the current projects in the Transportation Bond Program is provided in Attachment 1 to this memo. PROJECT SUMMARIES 1. Old Wire Road (Mission to Crossover). ($4.02 Million) Old Wire Road has been identified as a priority by past Street Committees. The intersection with Mission has previously been approved for signalization and improvements, and is being designed now by the AHTD. Improvements on the rest of Old Wire include widening and intersection improvements, sidewalks, bike lanes, and a roundabout at Old Missouri and Old Wire Road. 2. Zion Road (Vantage to Crossover). ($4.65 Million) Zion Road from College Avenue to Vantage Drive was improved as part of the Bond Program in 2008. This project would extend the improvements to Crossover Road, and provide for a safer route for users by improving the sharp curve just east of Vantage, eliminating the deep ditches next to the road, providing accommodations for bicycles, and providing sidewalks for pedestrian use. 3. Regional Park Access. ($1.4 Million) This project would improve Judge Cummings Road, and provide a new route through the City's property off of Cato Springs Road to access the proposed parking areas for the Regional Park. The street would be constructed with curb and gutter, sidewalks, and streetlights. 4. College Avenue Improvements (Maple to Rebecca) ($600,000) The improvements to College Avenue would match the existing improvements between Rock and Maple, to include 8 foot wide sidewalks adjacent to the curb, trees, and streetlights. The segment between Maple and Rebecca is relatively short, and inexpensive compared to the other segment that is under consideration. 5. College Avenue Improvements (Rebecca to North Street). ($1.42 Million) This segment is complicated by the existing retaining walls along College and the limited space available. If work on this segment moves forward, options other than 8 foot sidewalks adjacent to the curb on both sides may need to be considered. 6. STP-A Matching Funds ($2 million). This placeholder project provides matching funds for federal aid money available through the Surface Transportation Program -Attributable Funds Program. This money is distributed through the Northwest Arkansas Regional Planning Commission. Projects are selected by a local selection committee. Projects selected for funding in Fayetteville in 2013 are Rupple Road south of Mount Comfort Road (design funding), and Razorback Road (Hwy 112) from Martin Luther King Jr. Blvd. to Leroy Pond Drive through the University of Arkansas Campus. These projects are detailed below. 7. Intersection Improvements at Selected Intersections $500 000} This project would improve safety and pedestrian access at intersections such as Garland/Maple, Garland/North, North/College, MLK/Razorback, etc. Improvements would be designed as needed. Cost of improvements would be based on intersections selected and the improvements needed at each intersection. 8. Contingency/Cost Sharing. This is a placeholder project representing the unallocated funds remaining after funding the above projects. This amount may fluctuate as project budgets are refined during the design and project development process. STP-A PROJECTS The following two projects have been approved for funding in 2013 by the Regional Planning Commission. (Discussions regarding 2014 will begin soon.) Rupple Road Best Friend Lane to Mount Comfort Road). ($3.7 Million) This project will extend improvements to Rupple Road from the north end of the Links at Rupple apartment complex to Mount Comfort Road. The road will be realigned, with a new bridge across Hamestring Creek, to connect with Mount Comfort Road at the existing signal, creating a new 4-way intersection with Rupple Road and Mount Comfort. Rupple Road is identified as a priority by the Northwest Arkansas Regional Planning Commission as a north -south connector; therefore, this is one of the projects approved by the NWARPC for federal -aid (STP-A) funding (for design only) for 2013. The City will be responsible for a minimum of 20% matching funds. This project has been previously identified as a priority project by the Street Committee. 2. Highway 112 Razorback Road Martin Luther King Jr. Blvd. to Leroy Pond Driyc . ($2.6 Million) This project will provide 4 travel lanes, with turning lanes at MLK and at Leroy Pond, and a new signal at Leroy Pond. Sidewalks will be provided on both sides. This project has had a $1 million allocation of federal aid funding for several years, and recently has been approved for additional federal aid funding through the STP-A program, thereby closing a funding gap for the $2.6 million project and allowing it to move forward. Members of City staff are working with UA staff on a cost share arrangement for the required 20% matching funds. The City Council committed to partnering on this project in 2003, when the original $1 million in federal funding was made available. HOUSES AT WILLOW BEND PROJECT The Houses at Willow Bend is an affordable housing project that is being developed by Partners for Better Housing, a local non-profit organization dedicated to providing affordable housing in Fayetteville. The City has worked with this group to secure design funding through the Home Depot Foundation. The Street Committee heard a presentation and a request for cost sharing from Partners for Better Housing. Participation by the City in the cost of the street and drainage infrastructure in the development would make houses that will be constructed more affordable. There were some concerns raised by the City Attorney regarding use of Transportation Bond Funds for this project; therefore, the Committee deferred approval of funding at this time, pending further information on funding sources and other details regarding the development of an agreement with Partners for Better Housing for cost sharing on the Willow Bend Project NEXT STEPS Approval of these projects by the City Council will allow staff will begin programming the projects, to include finalizing the work scopes and cost estimates, selecting engineering consultants, developing agreements with the AHTD and other agencies for the federal aid funding, and other preliminary project tasks necessary to move forward with the projects. City of Fayetteville Staff Review Form City Council Agenda Items and Contracts, Leases or Agreements 4/16/2013 City Council Meeting Date Agenda Items Only Chris Brown Engineering Submitted By Division rear _ $ 4,247,833.00 Cost of this request Category / Project Budget $ 2,436,455.05 Account Number Funds Used to Date 06035 $ 1,811,377.95 Project Number Remaining Balance Budgeted Item �x Budget Adjustment Attached Development Services Department Transportation Bond Program Program Category / Project Name Program / Project Category Name 2006/2009 Sales Tax Bonds Fund Name 61 ,1 '5 Previous Ordinance or Resolution # Date Original Contract Date: Original Contract Number: Date "Lj a 4-1-zo13 Finance and Internal Services Director Date A, -,— Date � / /-3 ate -omments: Received in City Clerk's Office Received in ' Mayor's Office Revised January 15, 2009 RESOLUTION NO. A RESOLUTION APPROVING A LIST OF ADDITIONAL PROJECTS TO BE FUNDED BY THE CITY'S TRANSPORTATION BOND PROGRAM BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FAYETTEVILLE, ARKANSAS: Section 1: That the City Council of the City of Fayetteville, Arkansas hereby approves the list of additional projects for addition to the City's Transportation Bond Program as delineated in the staff memorandum, attached as Exhibit "A". PASSED and APPROVED this 16t" day of April, 2013. APPROVED: LIONELD JORDAN, Mayor ATTEST: SONDRA E. SMITH, City Clerk/Treasurer N � l it .�--'•-- Transportation I Bond Program 0 0.25 0.5 0.75 1 1.25 1.5 City of Fayetteville, Arkansas Miles Funded Projetts-551,275,615 • � .� - � --� /�,/Cmran; �ryen i5e,6l9-6i5 Turd _ CrYrMi Pro;edo Wnnn wca . .. �� ! Additional Arpjeeln _ _ /\/ 1 Db 141rc faaw I 2 2!m Ro, ^/ 3 Reg —I Park Acca¢s 4 4 Ca3kge pVenvv .>aRpe rv>a¢rrn - .. - . • _ 2013 STP-A Projects A -2 oUWe Row ' I Legend L I"► I Pan r i ,z B I an � _ �, r —; .i fI I fr Attachment 1 Transportation Improvement Plan Summary of Original and Current Project Estimates -February 2013 PROJECT NAME I%Nilson TYPE WORK PROPOSED Current Values Estimated Difference Original -Current STATUS/ CONST. DATE Estimated Project Cost Other Funding Cost to Bond Program Sales Tax CIP State/Federal Park Area/Washington-Willo Traffic Calming and Gregg/North Int. $910,186 $910,186 $529,814 COMPLETE .Zion Road Ph. I (N. College to Vanta Widening - 2/3 Lane Minor Arterial $2,274,560 $2,274,560 $265,440 COMPLETE College Avenue Phase I (Rock to Maple) $1,840,897 $1,840,897 -$100,897 COMPLETE Mount Comfort Road Improvements 'Widening - Minor Arterial $10,604,000 $382,500 $10,221,500 $191,500 COMPLETE Cato Springs (Tech. Corridor) (S. Sc 'Widening - Collector $6,014,072 $440,259 $2,879,679 $2,344,134 $0 UNDER CONST. Crossover (Mission to City Limits) 'Widening - 5 Lane Principal Arterial $22,583,728 $12,073,864 $6,509,864 $1,190,136 UNDER CONST. .Fayetteville -Expressway -Economic C a. Roundabout at North Hills and Futi b. Hwy 71B Flyover Project Access Improvements Intersection Improvements New On Ramp to FB Expwy $10,375,475 --- $2,575.475 $7,800,000 $8,099,101 $2,276,374-$361,412 Included in Fayetteville Expressway Economic Dev. Corridor Budget UNDER CONST. CONST. 2012 Highway 16 (Armstrong to Stonebrid Widening - Minor Arterial $11,766,000 $90,000 $5,200,000 $5,576,000 -$776,000 CONST. 2012 Harland (North to Melmar) widening - 5 Lane. Principal Arterial $8,135 112 $352 500 $1 0,000 $4 000,000; $1. 195 000. CONST. 2012 Maple/Lafa ette Street. Bridges Ma le/Lafa .ettee Bridges/Other $1,400,000 $1,,000,000 $400,000: $2,437,000 CONST. 20,14 Garland (Shiloh to Howard Nickell). _ Widening- 5 Lane Principal -Arterial _$0 $0 $0, -_$3 494 000 _ON HOLD flu le Road (6th to Wedin ton) New - Minor Arterial $10,000,000 $10,000,000 -$1,845,000 CONST 2014 Wan Asche Extension/Widening $4,560,000 $4,560,000' -$4,560,000 CONST. 2014 Right of Way Acquisition/CostSharing $212,100 $212,100 $8,587,900 N/A Non -Project Expenses 1 $150,000 $150,000 -$150,000 N/A Unallocated Project Funds/Interest Income $0 $5,474,168 N/A TOTALS 1 1 $90,826,130 $1,265,2591 $31,202,644 $51,275,6151 $15,571,649 Notes: Green Shaded Projects will be funded by Phase 3 of the Bond Program. .`'a1 .I [[ •,t - ; y - 4J �' SHARROWS AND BIKE L ROLLING HILLS DRIVE - ti) a s - p s 4 "• 7 • �'re'`an . 11 r yK- /. ... H V�{ . it ¢..'Y ,•�rI �s , f1 .fT �^�d%JJ� rf/ ',R !. 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