Title
Consider and take action on a resolution removing the New I-45 Frontage Road to Hobbs Road (Winfield Road) project ST2203 from the May 2019 GO Bond project list and the FY2024-2028 CIP (Assistant City Manager - CFO)
Background:
Approval of this resolution will authorize the removal of the New I-45 Frontage Road to Hobbs Road (Winfield Road) project ST2203 from the May 2019 GO Bond project list and the FY2024-2028 CIP.
This item was directed by City Council on September 12, 2023 agenda item 9C.
The project was included in the 2019 GO Bond Election Prop B Street project list, is part of the FY2024-2028 CIP, and included in the FY2024 Capital Budget.
Design for the project has been committed by City Council approval on May 24, 2022 for $160,398 of which roughly $120,800 has been spent for services thru July 31, 2023. The contract has a remaining balance of $39,598.64 and staff will direct the Engineer to cease work and bill for work completed.
Included on this same agenda is a Budget Amendment to remove the $1.1 million from the FY2024 Capital Budget for construction of New I-45 Frontage Road to Hobbs Road (Winfield Road) project ST2203 (see attached CIP Project Sheet). The bond authorization of remaining funds for this project will be allocated to another street project from the 2019 GO Bond Election Prop B Street project list, such as North Landing Extension.
Attachments:
1) Data Sheet
2) Proposed Resolution
3) CIP Project Sheet
4) Aerial Map
FUNDING
{ } Funds are available from Account #________
{ } Requires Budget Amendment to transfer from Account #______ to Account #______
{X} NOT APPLICABLE
STRATEGIC PLANNING
{ } Addresses Strategic Planning Critical Success Factor # ______
{X} NOT APPLICABLE