Item 4L AudioV ' - ,TTY 0111
SOUTHLAKE
Memorandum of Understanding
SH114 and Carroll Turnaround
• East Side Only
$250,000 commitment each
party
• MOU - 4 parties
— Gateway Church
— Cooper and Stebbins, Inc. �'-
- Tarrant County —
— City of Southlake
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Memorandum of Understanding
SH114 and Carroll Turnaround
• Survey Begins — September 2012
• Design — Begins upon execution of
MOU
• Construction Begins —Summer 2013
• Project Completion —January 2014
• TxDOT LPAFA Required
• Interlocal Agreement — Tarrant County
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Proposed Schematic
• Location chosen- avoid large utility line
• Perpendiculer to SH 114 versus skew
• 25% shorter bridge section
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Memorandum of Understanding
SH114 and Carroll Turnaround
Project Funding
City of Southlake $250,000
Tarrant County 250,000
Gateway Church 250,000
Cooper & Stebbins, Inc. 250,000
TxDOT 900,000
Total Project Funding $1,900,000`
* Estimated Project Cost = $1,800,000
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Memorandum of Understanding
SH114 and Carroll Turnaround
Funding Available
2012 CIP Funds - $ 100,000
2013 CIP Funds - 250.000
$ 350,000
* Previously intended for Traffic signal at Watermere and FM
1709. Council adopted budget with funding through Red Light
Camera funds
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Memorandum of Understanding
SH114 and Carroll Turnaround
• Project Enhancements
— Urban Design Study
— Future Work Session
—Additional Cost —
• To Be borne by Southlake
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City of Southlake Strategy Map
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 value and
unrivaled quality In everything we do.
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Safety &
Mobility
Infrastructure
Quality
Partnerships& Performance Management
Securlty
Development
Volunteerism & Service Delivery
_ e Our Custome
C1 Aehiavethe C3Pmvldeattrarrlve& cd An— &kaeP top -tier
C2 Provide [revel C5 promote op pu rtun �r
highest stsndards undque spaces for businesses to drivae dynamrc&
of nvenlancrwlthin s forpertnershlps&
Nag' cu tit & re a enjoyment of pars nal ustalnehle etanomlc voluntaerinvolvement
security y r� n Intererts nvlronment
Manage the Business
51ACblevebest- 81 COIlatioratewlFM1 B3 Enhance resident Ba Provide 651mptm abnptimi:e
In <lassstatus In select partners to qusllty of life &buxiness high quality perfermenraof useof
ell CltydlsGpllnes Implementserviea austelnabllitythrough me del- o.peretienal techaologv
solutions teudsm . —It. saes
Provide Financial Stewardship
F1Adhem toflnencial management ma
F2lmeztta provide &maintain F3 AShievefiscdl wellness F4FStabllsh &intain
prinslplesa budget hi¢h ova Gtro vvbllc asse antlerdx aF41ittalnte& IM-
Promote Learning & Growth
L1 Ensureour people L2Enhance1eedership U Attract. develop& L— cegnite& LSEmpowel lntolmed
I �nderztend YM1e slealeLry& cepabllltieatodelives rNelna Skilled I raw tlhlgh d[N.slon- maRingel ell pv
I how they tonttlbute tab[ esulls ,+ workforce { t pvrformara l in theeeganllRivn
The SH 114 Turnaround at Carroll Avenue links to the City's strategy map relative to
the focus areas of Mobility, Infrastructure, and Partnerships. The specific corporate
objectives that are met by this construction project include Provide travel
convenience within city and region, Investing to provide and maintain high quality
public assets, and Collaborating with select partners to implement service solutions.
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SOUTHLAKE