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Title
Reallocation of funds request for final accounting of S.H. 161 Mitigation grant in the amount of $47,480.23
Presenter
Bill Crolley, Director of Planning and Development
Recommended Action
Approve
Analysis
In December of 2002 the City of Grand Prairie entered into an environmental mitigation agreement with Texas Department of Transportation (ROW CSJ No: 2964-01-027) with the approval of the Federal Highway Administration for parcels 4, 9, 10, 11, 12, 13, 14, 15 and 16 for the construction of S.H. 161 from Egyptian Way to the Trinity River. In consideration of the City's conveyance of the acquired property to the state and in lieu of the State acquiring property in its name or agreeing to manage property for the mitigation of the adverse environmental impact of the Hwy 161 Project, the State agreed to reimburse to the City the costs of acquiring the replacement property in accordance with the terms of the agreement, plus the costs which are actually incurred in construction of the park improvements. The City agreed that upon completion of the improvements and payment in full by the State, it will have received all required compensation for the state's acquisition of the acquired property and mitigation of the adverse environmental impact.
Negotiation and settlement with the property owner(s) was the responsibility of the City. The entire process was delayed years due to the condemnation process with a property owner. Final payment request was submitted to TxDot in March of 2011. This reallocation request is the result of the City's final accounting and will close out the S. H.161 grant.
Financial Consideration
Funding in the total amount of $47,480.23 is available in 261210 Transportation Administration 90075 Grant. Funds were made available due to accounting close out of old FTA grant activities CAPI and OPER. These grants were pre-2009 and were closed with money left available.