24-044CITY OF SOUTHLAKE, TEXAS
RESOLUTION NO. 24-044
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
SOUTHLAKE, TEXAS, APPROVING AN ADVANCE FUNDING
AGREEMENT FOR GREEN RIBBON FUNDING ON -SYSTEM WITH
THE TEXAS DEPARTMENT OF TRANSPORTATION (TxDOT); AND
PROVIDING AN EFFECTIVE DATE.
WHEREAS, the City of Southlake, Texas ("City") is a home rule municipality acting
under its charter adopted by the electorate pursuant to Article XI, Section 5, of the Texas
Constitution and Chapter 9 of the Texas Local Government Code; and
WHEREAS, the City has submitted an application to the Texas Department of
Transportation ("TxDOT") for Green Ribbon funding in March of 2024, for SH114 from
1000 feet north of W. Dove Road to W. Dove Road and SH114; and
WHEREAS, the City was notified by TxDOT on May 14, 2024, that its application
for Green Ribbon Funding was accepted for the Landscaping of SH114 Project (the
"Project"); and
WHEREAS, the TxDOT has requested that the City approve the Advance
Funding Agreement for Green Ribbon Program On -System (the "Agreement"); and
WHEREAS, the Agreement outlines the responsibilities of the City, the State and
Federal Government, with a total estimated cost of $524,980, with the City's share of the
costs estimated to be $76,000 for engineering and environmental work for the Project.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF SOUTHLAKE, TEXAS, THAT:
SECTION 1
All the findings in the preamble are found to be true and correct and the City
Council does hereby incorporate said findings and recitals into the body of this Resolution
as if copied in its entirety.
SECTION 2
The City of Southlake authorizes and approves an Advance Funding Agreement
with the State of Texas for Green Ribbon Program On -System Landscaping of SH114.
SECTION 3
The City will be responsible for construction cost overruns and engineering and
environmental costs of $76,000 plus related cost overruns.
SECTION 4
The City Manager is authorized to execute all documents necessary to complete
this transaction.
SECTION 5
This Resolution shall become effective immediately upon passage and it is so
resolved.
DULY PASSED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF
SOUTHLAKE, TEXAS, BY A VOTE OF TO "),ON THIS J& DAY OF , 2024.
APPROVED
ATTEST",Z
m�
Amy elle ity Secret : D
Shawn McCaskill, Mayor