PILLAR: Sustainable
AGENDA DATE: November 12, 2025
COUNCIL DISTRICT(S): 14
DEPARTMENT: Department of Transportation and Public Works
PRIORITY: Infrastructure
______________________________________________________________________
SUBJECT
Title
Authorize (1) an agreement with KD Travis Block Holdco, LLC, for contribution of funds towards the warranted traffic signal installation at the intersections of Armstrong Avenue at Cole Avenue and Armstrong Avenue at McKinney Avenue in the city of Dallas; (2) an increase in appropriations in an amount not to exceed $225,000.00 in the Transportation Special Projects Fund; and (3) the receipt and deposit of funds in an amount not to exceed $225,000.00 in the Transportation Special Projects Fund - Not to exceed $225,000.00 - Financing: Transportation Special Projects Fund
*In alignment with Infrastructure Management Plan.
Body
BACKGROUND
KD Travis Block Holdco, LLC (Developer) desires the development or redevelopment of property located at 4555 Travis Street, Dallas, Texas 75205 for a commercial mixed-use development (“Development Project”). The Development Project contributes to the need for municipal infrastructure additions or improvements, namely two warranted traffic signals at the intersections of Armstrong Avenue at Cole Avenue and Armstrong Avenue at McKinney Avenue.
The City of Dallas, pursuant to Chapter 51A-1.109 of the Dallas City Code, determines the city infrastructure has an estimated total cost of One Million Three Hundred Thousand and No/100 ($1,300,000.00) and made an apportionment determination in accordance thereof as to the Developer and City’s cost participation. The impact created by the Development Project requires the installation of city infrastructure requiring the Developer to provide proportionate share of the costs for the installation of city infrastructure. The Developer agrees to provide its proportionate share towards the city infrastructure to address the municipal infrastructure needs created by their planned Development Project as determined by Section 51A-1.109 of the Dallas City Code, in the amount of $225,000.00.
This item will authorize the receipt and disbursement of funds towards installation of the two warranted traffic signals.
PRIOR ACTION/REVIEW (COUNCIL, BOARDS, COMMISSIONS)
This item has no prior action.
FISCAL INFORMATION
|
Fund |
FY 2026 |
FY 2027 |
Future Years |
|
Transportation Special Projects Fund |
$225,000.00 |
$0.00 |
$0.00 |
Note: The estimated cost for each traffic signal is $650,000.00 for a total estimated project cost of $1,300,000.00. A majority of funding will come from various developer contributions, and any remaining cost will be paid for by the City.
MAP
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