Page 419 - City of Bedford FY20 Approved Budget

CITY OF BEDFORD - FY 19-20 CAPITAL PROJECT SUMMARY

PROJECT: Streets PROJECT TYPE: SIEDC 4B Corp. FUNDING SOURCE(S):
PROJECT TITLE: Cheek Sparger Road Signal Installation and Roadway Improvements SIEDC $ 513,000

PROJECT DESCRIPTION: $
This project is for the installation of a traffic signal at the intersection of Cheeksparger $
Road and Heritage Avenue. The project also includes the construction of an additional
forward through lane to facilitate efficient and effective management of vehicle traffic $
through the intersection. The roadway improvement will add a left turn lane to turn
$
onto Heritage Avenue, two eastbound forward lanes, a westbound forward lane and a
left turn lane to turn onto Woodpark Lane. The traffic signal installation is a joint TOTAL FUNDED $ 513,000
project between Tarrant County and the cities of Colleyville, Euless, and Bedford.
UNFUNDED $

PROJECT TOTAL $ 513,000
PROJECT COSTS Thru FY 2025 to
(amounts in 000s) 09/2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 Completion Total
Design 63,000 - - - - - - 63,000
Land/Right-of-Way - - - - - - - -
Construction - 450,000 - - - - - 450,000

Landscaping - - - - - - - -
Equipment & Furnishings - - - - - - - -
Other - - - - - - - -
TOTAL COSTS 63,000 450,000 - - - - - 513,000
SOURCE OF FUNDS Thru FY 2025 to
(amounts in 000s) 09/2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 Completion Total
Current Funds 63,000 450,000 - - - - - 513,000

GO Bonds Issued - - - - - - - -
GO Bonds Unissued - - - - - - - -
Certificates of Obligation - - - - - - - -
Other - - - - - - - -

Unfunded - - - - - - - -
TOTAL COSTS 63,000 450,000 - - - - - 513,000
OPERATING BUDGET IMPACT
MAP/PHOTOGRAPH
Will Impact Annual Cost/(Savings)
Will Not Impact Personnel $
Operations $
# of Positions: Capital $
Unable to quantify Total $
IMPACT EXPLANATION

PROJECT SCHEDULE START FINISH
Design 2019 2019
Land/Right-of-Way
Construction 2020 2020
Finish Out
Other
386
TOTAL SCHEDULE 2019 2020