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1999-060City of Southlake, Texas RESOLUTION NO. 99-60 A RESOLUTION OF THE CITY OF SOUTHLAKE, TEXAS, URGING THE TEXAS TRANSPORTATION COMMISSION TO FUND LOCAL TRANSPORTATION IMPROVEMENTS (SH 114 AND US 377); TO DIRECT STAFF TO CONTINUE TO WORK WITH METROPORT TRANSPORTATION PARTNERSHIP TO ENSURE THE TIMELY DEVELOPMENT OF THESE IMPROVEMENTS; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the METROPORT Cities Partnership appeared before the Texas Transportation Commission on September 24, 1998 to request project authorization and/or funding commitments for improvements to segments of State Highway 114, including Dove Road to Carroll Ave and State Highway 170 to Precinct Line Road, and for improvements to US 377 from FM 1709 to State Highway 170; and, WHEREAS, the Commission identified Priority 1 Level of Authority and funding commitment for the section of SH 114 from Dove Road to Carroll Ave in the currently adopted Unified Transportation Plan (UTP); and, WHEREAS, the Texas Department of Transportation is currently updating the UTP to identify construction funding for the following four (4) year construction timeframe; and, WHEREAS, regional economic development in the METROPORT Corridor continues to grow and expand, including the recent announcements of Sabre and Fidelity Investments of the location/expansion of their facilities to the METROPORT Corridor; and, WHEREAS, phase one of the Sabre Corporate Campus Headquarters located at the Solana mixed-use development at SH 114 and Kirkwood Blvd, will open in the second quarter of 2001 with 450,000 square feet of office space and nearly 3,000 new employees, in addition to the existing 375,000 square feet/1,755 employee facility at Solana, and will ultimately result in over 2,000,000 square feet and 9,400 employees by year 2008; and, WHEREAS, phase one of the Fidelity Investments Headquarters and Trade Transaction Center at Circle T Ranch located on SH 114 in the Town of Westlake will open in the first quarter of 2001 with over 600,000 square feet of office space and 2,000 new employees, with phase two adding another 600,000 square feet and 2,600 new employees; and, N:\econdev\agencies\metroport\transportationcommittee\cc-resolution-01 7/29/99 2:27 PM Page 1 of 2 r J a WHEREAS, the continuation of the SH 114 freeway facility from Precinct Line Road to SH 170 and expansion of US 377 from FM 1709 to SH 170 will respond to growing traffic concerns in the METROPORT Corridor, including congestion, truck/passenger car conflicts, travel times, and decreasing air quality; and, WHEREAS all right-of-way is in place for the improvements to SH 114 from Precinct Line Road to SH 170, and Hillwood Development Corporation has initiated development of the construction documents for the Trophy Club Drive interchange to be provided to the Department at no cost; NOW, THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SOUTHLAKE, TEXAS, THAT: SECTION 1. The City of Southlake urges the Texas Transportation Commission to identify Priority 1 Level of Authority and fiscal year construction funding for the SH 114 improvements from Precinct Line Road to SH 170, and Priority 2 Level of Authority for the US 377 improvements from FM 1709 to SH 170 in the 2000 UTP currently under development; SECTION 2. The City of Southlake urges the Texas Transportation Commission to direct staff to work with the METROPORT Transportation Partnership to ensure the development of these critical mobility improvements as expeditiously as possible. This Resolution shall become effective upon passage. PASSED AND APPROVED this the day of , 1999. ouwunri////// iSO i M yamC ATTEST: ., ,.. `A- Ca```` Sandy LeGrand, City Secretary jw-6 4 Rick Stacy, Mayor N:\econdev\agencies\metroport\transportationcommittee\cc-resolution-01 7/29/99 2:27 PM Page 2 of 2 Kim Bush From: Greg Last nt: Thursday, August 05, 1999 11:36 AM a: Kim Bush Subject: Metroport Resolutions Kim, Attached is the Metroport resolution that I did for last Tuesdays CC.meeting._Could.you.print it out,_along with the one you did -get them to Sandy forsignatures, and ask her to get me a.good clean copy after signed? Thanks. GL/ cc -resolution -01 doc