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Item 4CItem 4C Approve an interlocal agreement with Tarrant County for construction of North White Chapel Boulevard from Emerald Boulevard to Highland Street. Interlocal Agreement with Tarrant County for North White Chapel Boulevard Background: Preliminary engineering completed in 2005 from Emerald Boulevard to SH 114 50% construction funding included in 2006 Tarrant County Bond Program Construction scheduled for October 2009 Interlocal Agreement with Tarrant County for North White Chapel Boulevard Terms of the agreement: City will provide all planning, engineering surveying and acquisition of right of way City will administer the construction contract Tarrant County will reimburse 50% of the construction cost with maximum participation of $2,185,000 Project Location Interlocal Agreement with Tarrant County for North White Chapel Boulevard Financial Considerations: Design & construction cost - $5,715,000 Tarrant County portion - $2,185,000 City share: Budgeted in FY 2006 & FY 2008 General Fund CIP Budgeted in FY 2007 Roadway Impact Fund CIP Budgeted in FY 2007 Utility Fund CIP Questions? Bob Price (817) 748-8097