Agenda

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City Council Regular Meeting

Meeting Date:

10/25/2022

BACKGROUND

Resolution 22-R-116 authorizes an Interlocal Agreement with the City of Selma for the design and construction of signalization at the intersection of Schertz Parkway and Lookout Road.

The City of Schertz is designating the SEDC as its fiscal agent for the performance-related elements of this Interlocal Agreement. The SEDC is not a governmental entity and cannot be a direct party to an interlocal agreement and is acting only as fiscal agent to fund the project and to receive the City of Selma’s contribution at the conclusion of the project.

The funding process for this project will include SEDC provision of Project funding, the City of Schertz leading design and cost estimates for the Project to secure approval for cost share from the City of Selma for estimated costs, Project management to completion by Schertz and submission of total Project costs to the City of Selma, and payment of 1/3 of the documented Project cost from Selma to the SEDC. Should the City of Selma decide to terminate the ILA before the project has been released for bid by the City of Schertz the City of Selma has agreed to cover 1/3 of the design cost.

GOAL

Increase traffic safety through design and construction of the signalization at the intersection of Schertz Parkway and Lookout Road, and to accelerate the development of such while reducing financial impact to the City of Schertz through a 1/3 cost share partnership with the City of Selma.

COMMUNITY BENEFIT

SUMMARY OF RECOMMENDED ACTION

This action authorizes an Interlocal Agreement with the City of Selma for the design and construction of signalization at the intersection of Schertz Parkway and Lookout Road. The ILA secures 1/3 of documented Project costs from the City of Selma. This action also supports allocation of funding from the SEDC through the associated funding agreement and in accordance with the associated MOU with the SEDC governing projects allowed under Texas Local Government Code Section 501.103.

FISCAL IMPACT

There is no impact to the City of Schertz General Fund. Up to $90,000 has been allocated through in the Schertz Economic Development Corporation (SEDC) FY 2022-2023 Adopted Annual Budget in support of this Interlocal Agreement through Resolution 22-R-113 (SEDC Funding Agreement-Signalization). This amount is allocated for design of the project and full project costs will be allocated at the completion of Project design or bid.

RECOMMENDATION

Staff recommends approval of City Council Resolution No. 22-R-116.

Attachments
CC Res 22-R-116_Selma ILA
Selma ILA