Page 286 - NRH FY20 Approved Capital Budget

Street & Sidewalk Capital Projects
Davis Blvd/Mid-Cities Blvd Intersection
ST0401

352-(&7 '(6&5,37,21 -867,),&$7,21
This project consists of intersection improvements at the Davis Blvd and Mid-Cities Blvd Intersection. The improvements
include adding additional right and left turn lanes, signalization improvements, and all necessary water and sewer main
adjustments. This project is a 2003 Bond Program Project.

Note: Additional TxDot requirements have resulted in a scope and budget change which increased the original funding by an
additional $1,625,000. The additional funding consists of: $1,150,000 NCTCOG Grant and $475,000 of project savings from
recently completed projects. FY17/18 Adopted funding requests are from: General Obligation Bonds ($550,000), TxDot and
Federal Grants ($395,018), and Utility Fund Reserves ($557,000). FY 17/18 Revised funding requests are from: RTC TIP
Grant ($525,190), Certificate of Obligation Bonds ($131,297).

352-(&7 67$786 25,*,1$/ 25,*,1$/
67$57 '$7( 5(9,6,21 (1' '$7( 5(9,6,21
Professional Services 10/2003 05/2008
Engineering 07/2008 10/2014
Land/ROW Acquisition 08/2014 04/2017
Construction 06/2017 02/2019
Other

5(9,6,21 (;3/$1$7,21
Update of the project based on the receipt of funding from a Tarrant County Grant ($250,000) and additional federal funding
($501,476).

),1$1&,$/ '$7$
$'237(' 5(9,6(' 727$/
%8'*(7 7+58 352-(&7 %8'*(7 7+58 5(0$,1,1* 352-(&7
5(9,6,21 %$/$1&( &267
)81',1* 6285&(6
Federal/State Grants $4,245,274 $501,476 $4,746,750 $4,746,750
G.O. Bonds 1,050,000 1,050,000 $1,050,000
C.O. Bonds 630,000 630,000 $630,000
Reserves 1,433,957 (420,707) 1,013,250 $1,013,250
TC Grant 0 250,000 250,000 $250,000
7RWDO $7,359,231 $330,769 $7,690,000 $0 $7,690,000
352-(&7 (;3(1',785(6
$107,000 $107,000 $107,000
Professional Services
Engineering/Design 672,493 672,493 $672,493
Land/ROW Acquistion 400,000 400,000 $400,000
Construction 5,279,749 330,769 5,610,518 $5,610,518
Other 899,989 899,989 $899,989
7RWDO $7,359,231 $330,769 $7,690,000 $0 $7,690,000

,03$&7 21 23(5$7,1* %8'*(7
Not applicable.

$118$/ 23(5$7,1* ,03$&7 727$/
Projected $0

266