October 15, 2012 - City of Laredo

RESOLUTION NO. 2012-R-083
AUTHORIZING THE CITY MANAGER TO ENTER INTO
SUPPLEMENTAL AGREEMENT #1 (AGREEMENT TO
CONTRIBUTE RIGHT OF WAY FUNDS) WITH THE TEXAS
DEPARTMENT OF TRANSPORTATION WHICH AMENDS
CUATRO VIENTOS RCSJ 0922-33-109 (1.0 MILES SOUTH OF SH
359 TO SH 359) BY AUTHORIZING AN INCREMENTAL
PAYMENT PLAN OF $125,000 FOR EIGHT YEARS AND A FINAL
PAYMENT IN THE NINTH YEAR OF $113,583.39 WHICH SAID
SUMS REPRESENTS THE CITY'S CONTRIBUTION TO THE
COST OF RIGHT-OF-WAY ACQUISITION FOR CUATRO
VIENTOS ROAD. FUNDING IS AVAILABLE IN THE 2012 C.O.
ISSUE.
WHEREAS, in September of 2002 the City entered Resolutions 2006-R-087 and 2006-R-089
authorizing the City Manager to execute funding agreements TxDOT and to disburse payments
as the City's contribution to the cost of right of way acquisition and adjustment of compensable
utilities for the portion of the Cuatro Vientos Highway being locations "A and B"; and,
WHEREAS, the City by and through the agreements obligated itself to pay a percentage of the
costs associated with these tasks which at the time were estimated by TxDOT to be six hundred
five thousand two hundred seventy-five dollars which were allocated for two locations
(designated as A&B); and,
WHEREAS, in March of 20 12 the City was notified by TxDOT that the initial estimates were
inaccurate and that the acquisition costs had exceed the original estimates by $1,113,5 83.3 9
payable within 30 day ; and,
WHEREAS, the City Manager and staff met with TxDOT representatives and TxDOT agreed to
allow the payment of this sum over a period of nine years and this Supplemental Agreement #1
(Agreement to Contribute Right of Way Funds) with the Texas Department of Transportation
formalizes the repayment of the obligation; and,
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
LAREDO, TEXAS THAT:
Section 1: The City Manager is authorized to enter into Supplemental
Agreement #1 (Agreement to Contribute Right of Way Funds) with the
Texas Department of Transportation which amends Cuatro Vientos RCSJ
0922-33-109 (1.0 miles south of SH 359 to SH 359) by authorizing an
incremental payment plan of $125,000 for eight years and a final payment
in the ninth year of $1 13,583.39 which said sums represents the City's
contribution to the cost of right-of-way acquisition for Cuatro Vientos
road. Funding available in the 2012 C.O. Issue.