Agenda

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Item # 4.l.

City Council (FY24)

Meeting Date:	01/09/2024
Department:	Public Works
Pillars:	Excellence in Asset Management Excellence in Transportation Systems Gold Standard in Financial Health
Milestones:	Implement the Asset Management Plan in accordance with the Asset Management Policy, utilizing information systems Improve all modes of transportation with infrastructure in an acceptable condition and well maintained

AGENDA CAPTION:

Consider action on a Resolution for an Advanced Funding Agreement for Highway Safety Improvement Off System (AFA CSJ 0918-47-441) between the Texas Department of Transportation and the Town of Addison regarding traffic signal improvements at Belt Line Road and Business Avenue and authorize the City Manager to execute the agreement.

BACKGROUND:

The purpose of this item is to enter into an Advanced Funding Agreement for a Highway Safety Improvement (HSIP) Grant from the Texas Department of Transportation (TxDOT) for the construction of replacement traffic signals at the Belt Line Road and Business Avenue intersection in an amount not to exceed $591,757.

In November 2022, the Town staff collaborated with Kimley-Horn and Associates to pursue HSIP grant funding from TxDOT for traffic signal upgrades at the intersection of Belt Line Road and Business Avenue. The decision to upgrade this intersection was made by reviewing comprehensive crash data. This grant positions the Town to access $591,757 in construction funds. The Town is obligated to cover the design costs and an estimated $55,270 for direct state expenses totaling approximately $104,770 in addition to any construction cost overruns. This project will bring this intersection up to the Town's current traffic signal standards.

Anticipated for TxDOT advertisement in August 2024, the project's construction will be overseen by TxDOT, alongside similar HSIP signal improvement initiatives in the region.

If approved, this project would be budgeted for FY 2025 in the Self-Funded Special Projects Fund.

RECOMMENDATION:

Administration recommends approval.

Attachments
Resolution - TxDOT HSIP Advanced Funding Agreement
Advanced Funding Agreement for HSIP Grant Funding