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Item 4C AudioSOUTHLAKE 1 5 Item 4C Approve an Interlocal Agreement for the FM 1938 Phase II Roadway Expansion Innovation Project with Tarrant County Accountability Commitment to Excellence Teamwork 1 Requested Action Approve an Interlocal Agreement for the FM 1938 Phase II Roadway Expansion Project with Tarrant County 0 SOUTHLAKE E Location Map - FM1938 Project FM1938 — Phase 1 170 377 114 WESTLAKE 121 FM1938- SOUTHLAKE 0 GRAPEVINE 26 Phase 2 382 1709 121 N KELLER 1709 103 4 ) ' 26 1938 377 366 121 ®SOUTHLAKE The location map shows the 2 phases of FM1938. Phase 1 is located within the Town of Westlake from SH114 to the Randol Mill Bend. Phase 2, which will primarily within the City of Southlake will continue south from the Randol Mill Bend to the intersection of Southlake Blvd (FM1709) Background • FM1938 Phase II — joint project between the City of Southlake, Keller, Tarrant County, TxDOT and the Regional Transportation Council (NCTCOG — RTC) • Southlake, Keller and Tarrant County — responsible for providing engineering design services and right -of -way to TxDOT for the FM1938 project USOUTHLAKE 0 Approve Interlocal Agreement with the City of Keller • FM1938 Phase I — Construction is currently underway within the Town of Westlake • FM1938 Phase II — 4 lane roadway south from the Randol Mill bend — transition to a 6 lane roadway at Johnson Road — includes improvements to the intersection at Southlake Blvd. (FM1709) U SOUTHLAKE 5 Approve Interlocal Agreement with Tarrant County • Tarrant County will participate in the cost with the cities of Southlake and Keller in the amount of $451,449 • The remainder of the engineering cost will be divided equitably between the cities of Southlake and Keller • The interlocal agreement outlines the payment schedule to Southlake for those funds 0 SOUTHLAKE Southlake's net obligation under this contract — approx. $790,000 with participation by Tarrant County and the City of Keller 0 The construction of FM1938 Phase 2 links to the city's strategy map relative to the focus areas of Mobility, Partnerships and Volunteerism, Infrastructure, and Performance Management and Service Delivery. The specific corporate objectives that are met by the construction of this project include: Provide travel convenience within City and region, Collaborate with select partners to implement service solutions, Investing to provide and maintain high quality public assets, and Providing High Quality Customer Service. 7 The City of Southlake provides municipal services that support the highest quality of life for our residents and businesses. We do this by delivering outstanding unrivaled quality in everything that we do. value and - • C1 Achieve the C2 Provide travel C3 Provide attractive C4 Attract and keep top highest standards convenience unique spaces for businesses to drive a -tie - �'5 Promote :oppo rtunities for of safety and within City and a ijoyment of personal dynamic and sustainable security region interests economic environment I partnerships and ;volunteer involve I MT B2 Collaborate with B3 Enhance resident B4 Provide best -in -class select partners to luality of life and high quality B51mprove 1. B6 Opti = _ sta tus in all City implement service jusiness sustainability customer _disciplines solutions through tourism service of delivery and use of o,)erational technol processes J dhere to financial F2 Invest to provide and F3 Achieve fiscal agement maintain high quality wellness F4 Establish and maintain effective principles and budget oublic assets standards internal controls nsure our people L2 Enhance L3 Attract, L4 Recognize L5 Empower - rstand the strategy leadership develop and and killed rew informed decisio they it JO making at all 1, in m the organ' The construction of FM1938 Phase 2 links to the city's strategy map relative to the focus areas of Mobility, Partnerships and Volunteerism, Infrastructure, and Performance Management and Service Delivery. The specific corporate objectives that are met by the construction of this project include: Provide travel convenience within City and region, Collaborate with select partners to implement service solutions, Investing to provide and maintain high quality public assets, and Providing High Quality Customer Service. 7 SOUTHLAKE 1 5 Questions? Bob Price Integrity (817) 748 -8097 Innovation Accountability Commitment to Excellence Teamwork