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HomeMy WebLinkAboutResolution No. 05-45 RESOLUTION NO. (/}5' -1./5 A RESOLUTION ACKNOWLEDGING THE EXECUTION OF THAT CERTAIN "MEMORANDUM OF UNDERSTANDING, STATE HIGHWAY 121 FUNDING STRATEGY", AND COMMENTS THERETO, BY AND BETWEEN THE CITY OF THE COLONY, TEXAS DEPARTMENT OF TRANSPORTATION, NORTH CENTRAL TEXAS COUNCIL OF GOVERNMENTS, DENTON COUNTY, COLLIN COUNTY, AND THE MUNICIPALITIES OF: CARROLL TON, COPPELL, LEWISVILLE, PLANO, GRAPEVINE, AND FRISCO; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, efficient non-congested transportation in the region is a necessary component for economic growth, air quality, safety and quality of life; and WHEREAS, the Texas Metropolitan Mobility Plan prepared by the North Central Texas Council of Governments and approved by the Surface Transportation Technical Committee has identified funding needs of $100 billion for the region through the 2025 planning horizon, with funded resources of $45 billion leaving a deficit or unfunded transportation mobility needs in excess of $55 billion; and WHEREAS, the construction of State Highway 121 and State Highway 161 as electronic toll facilities are projected to be self-supporting and an add significant transportation revenue to the region which will allow the Texas Transportation Commission to earmark Strategic Priority Funding to the region; and WHEREAS, as a result of the construction of State Highway 121 as an electronic toll facility, the Metropolitan Planning Organization for the region recommends equitable reallocation of federal and state funding to the entities specifically impacted and affected by the facility, including: Denton County, The Colony, Lewisville, Carrollton, Coppell, Frisco, PIano and Grapevine (affected parties); and WHEREAS, a "Memorandum of Understanding, SH 121 Funding Strategy" (Memorandum of Understanding), was drafted by the affected parties to identify the funds to be reallocated, including federal, state and local funds, and acknowledges the rights, responsibilities and obligations by and between the affected parties; and WHEREAS, the Memorandum of Understanding between the affected parties specifies that the City of The Colony will receive: funding reallocations totaling $18.25 million for local projects which will be funded by Denton County through defederalization of its regional commitments; a TxDOT commitment to fund FM 423 reconstruction; and, the refund of the municipalities' State Infrastructure Bank loan payments; and WHEREAS, the approval, funding and construction of these projects will improve the transportation mobility, lessen congestion, approve air quality, and facilitate economic development for citizens in the affected areas; and WHEREAS, on September 13, 2005, the City Council adopted Resolution 04-66 concurring in the decision of the affected parties to construct State Highway 121 as an electronic toll facility, within the project limits as defined; and WHEREAS, on February 7,2005, the City Council considered Agenda Item 3.3, and by adopted Motion authorized the City Manager to sign and execute on behalf of The Colony the Memorandum of Understanding which set forth the funding strategy associated with the electronic tolling of State Highway 121 and to forward comments expressing concern about and requesting clarification of policy language relating to excess toll revenue generated by the toll facility; and 863497.3/SP2/] 3152/0 I 00/041305 WHEREAS, the Memorandum of Understanding, was finalized with the participation of the affected entities, including representation of The Colony, and executed by the parties on March 3, 2005; and WHEREAS, the concern expressed by the City Council, which was incorporated into the Motion to authorize the City Manager to sign the Memorandum of Understanding that outlines the funding strategy associated with construction of SH 121 as an electronic tolling facility, was formerly conveyed to the North Central Texas Council of the Governments by correspondence under signature of the Mayor on February 8, 2005; and WHEREAS, Mr. Michael Morris, Director of Transportation, North Central Texas Council of the Governments, did on March 3, 2005, prior to the formal signature conference for the Memorandum of Understanding referenced herein, acknowledge in writing the concerns and comments of the City Council relating to the excess toll revenue policy adopted by the Regional Transportation Council, and further specified that the comments of the City Council will "be made a part of the permanent record which will be used as legislative intent to interpret the broad policy guidelines concerning excess toll revenue from toll facilities; " and WHEREAS, subsequent to such assurances The Colony did sign and execute the Memorandum of Understanding on March 3, 2005, and did subsequently on March 7, 2005 by Motion, approve the first Interlocal Cooperation Agreement between the County of Denton and the Colony for a local project of The Colony, authorized by the Memorandum of Understanding "Near Neighbor Near Timeframe Policy", for improvements to Memorial Drive - Phase I. NOW THEREFORE, BE IT RESOLVED, BY THE CITY COUNCIL OF THE CITY OF THE COLONY, THAT: SECTION 1. AUTHORITY The Mayor, or Mayor's designee, IS hereby authorized and directed to implement the applicable provisions of this Resolution. SECTION 2. MEMORIALIZA TION OF COMMENTS A. The City Council does hereby acknowledge that on or about September 13,2004, the adoption of Resolution 04-66 concurring in construction of SH 121 as an electronic toll facility and on February 7, 2005 in considering Agenda Item 3.3, a Motion to Authorize with comment was adopted by City Council and said comments were conveyed under cover of letter to North Central Texas Council of the Governments on February 8, 2005. B. The City Council does furthermore acknowledge the receipt of a formal response from the North Central Texas Council of the Governments to the concern and comments of the City Council concerning clarification and interpretation of the excess toll policy, as it relates to State Highway 121, and acknowledges that the comments made and conveyed by the City Council to the North Central Texas Council of Governments, and responses thereto, will be made part of the permanent record of the Regional Transportation Council, Excess Toll Policy documentation for attribution, reference, and interpretation of the guidelines relating to specific thoroughfare projects, as needed. 863497.3/SP2!13152/O 1 00/041305 SECTION 3 . RECITALS All the above precatory statements are found to be true and correct and incorporated herein for all purposes and made a part of this Resolution. SECTION 4. EFFECTWE DATE This Resolution shall take effect from and after the date of its adoption. PASSED AND APPROVED lhis/fiaay of ~ Isl ~~:bJ~N ~ Mayor ,2005. ATTEST: M(JL~~ City Secretary/Clerk /s/ 863497.3/SP2/13152/0 1 001041305