PILLAR: Vibrant
AGENDA DATE: October 28, 2026
COUNCIL DISTRICT(S): 14
DEPARTMENT: Park & Recreation Department
PRIORITY: N/A
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SUBJECT
Title
Authorize (1) an amendment to the Interlocal Agreement (ILA No. 1) between the Regional Transportation Council (RTC), the North Central Texas Council of Governments, and the City of Dallas, joined and consented to by the Woodall Rodgers Park Foundation (WRPF) to (a) acknowledge an increase in the RTC’s approved Surface Transportation Block Grant Funds dedicated for the expansion of Klyde Warren Park Phase 2 (KWP2) located at 2012 Woodall Rodgers Freeway, in an amount not to exceed $14,648,437.00, from $30,000,000.00 to $44,648,437.00; (b) amend the WRPF and City Center Tax Increment Financing District repayment dates; and (c) include WRPF in cost savings in the case of cost underruns; and (2) execution of the amended Interlocal Agreement including all terms, conditions, and documents required by the agreement - Financing: No cost consideration to the City
Body
BACKGROUND
On December 18, 2018, the Regional Transportation Council authorized a total of $30,000,000.00 in federal Surface Transportation Block Grant (STBG) Funds for the City and TxDOT to assist with the funding of the Klyde Warren Park Phase 2 (KWP2) Project of which $10,000,000.00 must be repaid by sources determined by the City to North Central Texas Council of Governments (NCTCOG), as RTC’s fiscal agent.
On February 25, 2020, the City executed Supplemental Agreement No. 3 with WRPF to facilitate park expansion and to provide for roles and responsibilities, design of the KWP2 Project, and funding sources. The amendment to the agreement stipulated that WRPF would repay the $10,000,000.00 repayment obligation, plus any interest accrued, from the following sources: approximately $3,000,000.00 from City Center Tax Increment Financing (CC TIF) District Funds, if approved by the City Council, and...
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