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1999-089RESOLUTION NO. 99-89 A RESOLUTION IDENTIFYING THE STATE HIGHWAY 114 AND STATE HIGHWAY 121 CORRIDOR (THE FUNNEL) AS A PROJECT OF STATE AND NATIONAL SIGNIFICANCE, AND REQUESTING THAT THE TEXAS TRANSPORTATION COMMISSION DIRECT STAFF TO DEVELOP A MULTI-YEAR PHASING AND FUNDING PROGRAM AND TO IDENTIFY FUNDS IN FUTURE UNIFIED TRANSPORTATION PLANS TO FACILITATE THE EXPRESS / MANAGED ALTERNATIVE IMPROVEMENT. WHEREAS, the Texas Department of Transportation is currently preparing the Major Investment Study and environmental document for the portion of State Highway 114/State Highway 121 known as "the funnel" and has currently identified a preferred alternative, the Express/Managed Alternative; and, WHEREAS, the funnel is a project of Statewide and national significance that would maximize use of the SH 114 and SH 121 corridors for regional residents and commuters, and significantly enhance the operations of Dallas -Fort Worth International Airport; and, WHEREAS, the funnel is the front door to DFW, the economic generator for North Texas and currently the world's third busiest airport; and, WHEREAS, DFW is anticipated to double operations by 2015, making it the busiest airport as early as 2003; and, WHEREAS, the success of the region's economic development programs in continuing to attract Fortune 100 and 500 companies to the region depend in part on unimpeded access in and out of DFW; and, WHEREAS, increasing congestion and unsafe conditions throughout the funnel are jeopardizing the region's ability to attract future corporate locations to the region, and negatively impacting existing operations by increasing travel times and cost of services; and WHEREAS, regional growth is continuing, as evidenced by Tarrant County being the fastest growing county in the Metroplex; and, WHEREAS, the METROPORT Corridor cities and towns have formally endorsed the Express/Managed Alternative containing the Reversible Express/Managed Lane design; NOW, THEREFORE BE IT RESOLVED THAT: Section 1. The City of Southlake requests that the Texas Transportation Commission direct staff to work with the METROPORT Transportation Partnership to develop a multi-year, phased construction and funding program for the Express/Managed Alternative, and identify a phase one construction funding commitment, and Section 2. The City of Southlake requests that the Texas Transportation Commission direct staff to work with the METROPORT Transportation Partnership to assure the timely implementation of the Express/Managed Alternative and begin to fund portions ,of the project in future year Unified Transportation Plans. PASSED AND APPROVED THIS 7th DAY OF DECEMBER, 1999. CITY OF SOUTHLAKE, TEXAS RickStacy, ayor ATTEST: Aana LeGrand 44 City Secretary APPROVED AS TO FORM: rz& " City Attorney N:\Econdev\AGENCIES\metroport\transp-com\funnel-res-cc-0l .doc