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DFW Trade JV-AG 960312~I~,~~.~,~ AGENDA REQUEST FORM CITY COUNCIL MEETING: March 12, 1.996 ITEM ITEM CAPTION: Discussion and consideration of authorizing the City of Coppell to enter into an agreement with the developers of DFW Trade Center and the City of Grapevine to participate in the amount of one-third the cost of the extension of Freeport Parkway that lies within the City of Coppell. .,. ~ -~ / / SUBMrrTE~Y: Kenneth M. Griffin, TITLE: ............... Assistant City ManageriCity Engineer INITIALS _~__ STAFF COMMENTS .- See attached memo. STAFF RECOMMENDATION Approval X Denial EXPLANATION: Staff will be available to answer any questions at the Council meeting. BUDGET AMT. $ AMT. EST. $ +/- BUD: $ FINANCIAL COMMENTS: Funds are available in Street CIP Accounts for this project. FINANCIAL REVIEW~ CITY MANAGER REVIEW[ Agenda Request Form - Revised 1/94 Document Name eng.02 MEMORANDUM To: Mayor and City Council From: Kenneth M. Griffin, P.E., ACM/City Engineer RE: Discussion and consideration of authorizing the City of Coppell to enter into an agreement with the developers of DFW Trade Center and the City of Grapevine to participate in the amount of one-third the cost of the extension of Freeport Parkway within the City of Coppell. Date: March 5, 1996 Council may recall that recently an Interlocal Agreement was entered into with the City of Grapevine to expedite the development of what is known as the DFW Trade Center on the northwest side of S.H. 121. That Interlocal Agreement covered items such as police protection, fire protection, maintenance of roadways, floodplain administration, etc. I was recently contacted by the Director of Public Works for the City of Grapevine stating that during negotiations of the Interlocal Agreement one item was overlooked from Grapevine's side. The City of Grapevine has a policy that when streets are developed, the City will participate in the amount of one-third of the cost with the property owners on each side picking up the remaining two-thirds of the cost. The City of Grapevine had committed to pay for one-third of the cost of Freeport Parkway. However, now that the project is under way, City of Grapevine officials stated they had not anticipated that Grapevine would participate in the portion of the roadway within the City of Coppell and as such they are not able to expend their tax dollars within the City of Coppell. Because the developer of the property had the understanding that he would only be responsible for two-thirds of the cost of the roadway, he did not factor into his development budget the entire cost of the roadway within the City Limits of Coppell, but only two-thirds of that cost. The actual cost of the portion of the roadway within the City of Coppell is $117,403.51. Therefore, the one-third cost to the City of Coppell will be $38,743.16. The City of Grapevine is requesting that the City of Coppell consider this request and approve participation of one-third of the cost of the roadway within the City Limits of Coppell in the amount of $38,743.16. Staff brings this item before Council for their consideration and will be available to answer any questions at the Council meeting. A Fulurc ~Vith A Pabst March 4, 1996 Mr. Ken Griffin Assistant City Manager City of Coppell P.O. Box 478 Coppell, TX 75019-0478 RE: FREEPORT PARKWAY CONSTRUCTION PROJECT- SH 121 TO DENTON CREEK Dear Ken: The City of Grapevine, in conjunction with the developer of the IDI tract in northeast Grapevine and northwest Coppell, have recently opened bids for the construction of Freeport Parkway extending from SH 121 north and west to Denton Creek. This roadway will be constructed as a four lane divided roadway with an expanded cul-de- sac turnaround at the end adjacent to Denton Creek. The budgeted construction cost for this project is now $834,495.55. Of that, the City of Grapevine will typically participate in one-third of the cost. In this particular case, however, the City of Grapevine cannot pay for the one-third cost of the roadway that falls within the City Limits of Coppell. The estimated construction cost, including material testing and 10% contingencies, for the Coppell roadway segment is $117,403.51. The developer has always expected to pay for two-thirds of that cost, totaling $78,660.35. However, he expected City participation in the remaining 838,743.16. ~ince advising the developer that the City of Grapevine cannot participate in this one- third cost outside of the City Limits of Grapevine, the developer has responded by asking the City to raise the issue of participation with the City of Coppell for that portion of the roadway within the City Limits of Coppell. Based upon that request, I am forwarding this letter to you requesting that the City of Coppell consider funding one-third of the cost of the roadway improvements in Coppell estimated at $117.403.51, yielding a Coppell participation of $38,743.16. The City of Grapevine is undertaking the construction of this project as a City Project with the contractual obligations between the roadway contractor and the City. The developer is providing funds for their share of the cost in advance of the City's award THE CITY OF GRAPEVINE PUBLIC WORKS DEPT. P.O. Box 95104 - Grapevine, Texas 76099 · Phone Metro 817/481-0372 o Fax 817/481-0369O Mr. Ken Griffin March 4, 1996 Page 2 of contract to ensure that adequate funds are available for the award of contract and subsequent construction of the roadway project. If the City of Coppell is interested in participating in the cost the roadway within their City Limits, we request that Coppell likewise provide their share of the funds to the City of Grapevine for us to expend as part of the construction management of this project. We will prepare an Interlocal Agreement for this participation and will be happy to provide any budgeting or fund tracking information that Coppell would feel necessary to ensure that their tax payers dollars are being expended within their City. At the close of the project, any balances due to either City or the Developer will be refunded upon final payment to the Contractor. I appreciate you considering this request for the City of Coppell's participation in this project and would be happy to provide any additional information you may need in your preparation for consideration of this issue by your Council. Sincerely, Director of Public Works xc: Trent Petty, City Manager Roger Nelson, Assistant City Manager JLH/JSL/kyt b :\coppell.par JSL-96-01 "" ~ Ordered By / Ship Venclcw Humber '~ ' ~ Requ~'tion ~ ~ A~UNT NUMBER 10 DIGITS ESTIM.ATED UN~ ~N~D ~ DE~RI~ION OR ORDERED ~E~ ~ND DE~ A~UNT