STRATEGIC PRIORITY: Mobility Solutions, Infrastructure, and Sustainability
AGENDA DATE: December 8, 2021
COUNCIL DISTRICT(S): 1, 2
DEPARTMENT: Department of Transportation
EXECUTIVE: Majed Al-Ghafry
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SUBJECT
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Authorize (1) the dedication of $475,000.00 in Oak Cliff Gateway TIF District funds from the available District-Wide Set-Aside to support the Operation and Maintenance (O&M) of the Dallas Streetcar for Fiscal Year (FY) 2022; (2) the transfer of funds in the amount of $475,000.00 from the Oak Cliff Gateway TIF District Fund (subject to current and future appropriations from tax increments) to the Dallas Streetcar System Fund; (3) the transfer of funds from the General Fund to the Dallas Streetcar System Fund, in an amount not exceed $1,000,000.00; (4) an increase in appropriations in an amount not to exceed $1,475,000.00 in the Dallas Streetcar System Fund; and (5) payment to Dallas Area Rapid Transit for O&M costs for the Dallas Streetcar System from Union Station to Bishop Arts District for FY 2022 - Not to exceed $1,775,000.00 - Financing: General Fund ($1,000,000.00), Oak Cliff Gateway TIF District Fund ($475,000.00), and Streetcar Developer Fund ($300,000.00)
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BACKGROUND
The Dallas Modern Streetcar is a City owned facility that links the downtown Central Business District to the Methodist Hospital in Oak Cliff and the Bishop Arts District. The system includes six stops on 2.3 miles of track all within the City street network. The system was constructed using $81 million in State and Federal grant funds with the expectation of providing an economic stimulus, neighborhood revitalization, and an alternate mode of public transportation for at least a 30-year period.
The City maintains Interlocal Agreements (ILA) with the North Central Texas Council of Governments, Federal Transit Administration, Texas Department of Transportation, and with Dallas Area Rapid Transit (DART) pe...
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