Agenda No. 6.
CITY COUNCIL MEMORANDUM
| City Council Meeting: | October 17, 2023 |
| Department: | Executive Team |
| Subject: | Resolution 23-R-103 - Authorizing the City Manager to sign an Advanced Funding Agreement with the Texas Department of Transportation for Local Government Contributions to a Transportation Improvement Project to provide for Schertz Parkway Bridge Signage. (B.James/S.Wayman) |
BACKGROUND
In December 2022, when anticipating the 2023 budget, this item was brought to the SEDC Board for discussion. The SEDC has provided discussion that they would like to look at this project, and the item was budgeted in the marketing fund for $40,000.
The attached supporting information shows, however, that the cost of the project is much more than anticipated.There was much discussion at Staff Level about the options for which to choose. As a result, the Recessed Letters in Raised Concrete Portions at the Rail is the option chosen by staff. There are several similar samples on IH 35 in Kyle area and staff really liked the appearance of that example.In addition, TXDOT estimates 10% for the cost of lane closure.
This will be a third-party contractor who will be selected by TXDOT and this amount will be finalized at the time of the project.SEDC staff are asking for an amount not to exceed $145,000 and this funding will come from the SEDC Marketing and Promotional Account. This account has $254,000 existing and is only 24% spent.
The attached supporting information shows, however, that the cost of the project is much more than anticipated.There was much discussion at Staff Level about the options for which to choose. As a result, the Recessed Letters in Raised Concrete Portions at the Rail is the option chosen by staff. There are several similar samples on IH 35 in Kyle area and staff really liked the appearance of that example.In addition, TXDOT estimates 10% for the cost of lane closure.
This will be a third-party contractor who will be selected by TXDOT and this amount will be finalized at the time of the project.SEDC staff are asking for an amount not to exceed $145,000 and this funding will come from the SEDC Marketing and Promotional Account. This account has $254,000 existing and is only 24% spent.
GOAL
Provide signage for Schertz Parkway as part of the IH-35 NEX project.
COMMUNITY BENEFIT
Provides for an attractive community.
SUMMARY OF RECOMMENDED ACTION
This resolution authorizes the City Manager to enter into an agreement with TxDOT for the installation of signage
FISCAL IMPACT
The cost of this project is $145,000 and will be paid by Schertz EDC. In August of 2023, the Schertz Economic Development Corporation approved Resolution 2023-06 authorizing the funding for this project. The City will be responsible for any ongoing maintenance costs.
RECOMMENDATION
Approval of Resolution 23-R-103.