City of Dallas - File #: 21-981

• File #: 21-981
• Version: 1
• Type: CONSENT AGENDA
• Status: Approved as an Individual Item
• File created: 5/13/2021
• In control: Park & Recreation Department
• On agenda: 6/23/2021
• Title: Authorize (1) two Advanced Funding Agreements with Texas Department of Transportation (TxDOT) as follows: (i) on-system and; (ii) on-system maintenance and Amendment No. 1 (TxDOT Agreement No. CSJ 0916-07-034) for the Woodall Rodgers Park Deck Plaza Extension Structure On-System from west of Akard Street to St. Paul Street; and (iii) to provide funding for project costs in the amount of $7,900,000.00 from Park and Recreation Facilities (B) Fund and assign TxDOT as the project lead to for the entire project; and (2) execution of the Advanced Funding Agreements including all terms, conditions, and documents required by the agreements - Total amount of $7,900,000.00 - Financing: Park and Recreation Facilities (B) Fund (2017 General Obligation Bond Fund)
• Indexes: 14

STRATEGIC PRIORITY: Quality of Life
AGENDA DATE: June 23, 2021
COUNCIL DISTRICT(S): 14
DEPARTMENT: Park & Recreation Department
EXECUTIVE: John D. Jenkins
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SUBJECT

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Authorize (1) two Advanced Funding Agreements with Texas Department of Transportation (TxDOT) as follows: (i) on-system and; (ii) on-system maintenance and Amendment No. 1 (TxDOT Agreement No. CSJ 0916-07-034) for the Woodall Rodgers Park Deck Plaza Extension Structure On-System from west of Akard Street to St. Paul Street; and (iii) to provide funding for project costs in the amount of $7,900,000.00 from Park and Recreation Facilities (B) Fund and assign TxDOT as the project lead to for the entire project; and (2) execution of the Advanced Funding Agreements including all terms, conditions, and documents required by the agreements - Total amount of $7,900,000.00 - Financing: Park and Recreation Facilities (B) Fund (2017 General Obligation Bond Fund)

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BACKGROUND

The City of Dallas and Woodall Rodgers Park Foundation (WRPF) have partnered on the design of the extension of the deck plaza to the west of the existing Klyde Warren Park with WRPF funding the design of the "Klyde Warren Park Phase 2" (KWP2) Project. These two Advanced Funding Agreements (AFAs) are for construction of the deck bridge structure and appurtenances only-the green space, i.e. building and park improvements, will be undertaken and solely funded by WRPF after TxDOT has completed construction of the deck bridge structure. Construction of KWP2 will be funded by a $30,000,000.00 Surface Transportation Block Grant contribution from the North Central Texas Council of Governments (NCTCOG)/Regional Transportation Council (RTC). Of the $30,000,000.00 in funding $10,000,000.00 is to be repaid to NCTCOG/RTC. $3,000,000.00 of the $10,000,000.00 is anticipated to be paid back by the City Center TIF District and the remaining $7,000,000.00 from private donations r...