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AI- 48104

Commissioners Court

Meeting Date:	03/16/2020
City Bond Projects
Submitted For:	Clarence Daugherty	Submitted By:	Teresa Nelson
Department:	Engineering
Request Type:	GENERAL

Information

Department Action

Twenty-five projects were submitted by thirteen cities (five cities submitted multiple projects) in response to our “call for projects” for use of the 2018 County bond funds. The projects submitted have the cities’ matching funds available, have the necessary approvals needed (City Council, TxDOT, etc.), and are, therefore, ready to be started if they receive allocations of County bond funds. The cities submitted the existing traffic counts in order to determine the amount of current traffic compared to the capacity of the submitted thoroughfares. The projects were ranked according to this traffic ratio (traffic to capacity). The thirteen projects ranked total approximately $70 million. The Commissioners Court allocated $36 million for this round of funding.
After considerable evaluation, the Engineering Department is submitting three options for consideration by the Commissioners Court. The first option considers the full cost estimates submitted by the cities. The second options limits the amount of funding to any one city to $5 million dollars (four cities requested over $10 million). The third options limits the awards to those with a ranking of 5 or above. In all options we have included the amount of 2007 bond funds that they still have allocated to them that are not committed to an ILA. This allows the 2018 bonds to be spread a little bit further.
The first option results in four cities receiving the full amount they requested and one city receiving a portion of their request. The second option results in ten cities receiving the full amount they requested or $5M and one city receiving a portion of their request. The cities that would have project amounts reduced to $5 million have said that they would adjust their projects so that they can use the $5 million if the Court were to choose that option. However, we feel they need to certify that adjustment to us just as they certified the funding and approvals with the initial submittals. The third option results in six cities getting full funding or $5M and but only $22.6M is awarded.
It is requested that the Commissioners Court determine how it desires to award the funds allocated for cities from the 2018 bond program. The Engineering Department staff will be available to provide you any additional information you request.

Purchasing Department Action

No action by Purchasing.

HR and/or IT Action

Budget Department Action

Requesting Commissioners' Court decision on how to allocate the 2018 Bond Election Proposition B City Projects to be sold in FY 2020. Collin County is scheduled to sell $36 Million for city projects in FY 2020 as a part of the 2018 Bond Election.

Auditor's Office Action

Bond Funds available.

Commissioners Court

Allocate the 2018 Bond Election Proposition B City Projects to be sold in FY2020, Engineering.

Budget Information

Information about available funds

Budgeted:

Funds Available:

Adjustment:

Amount Available:

$36M

Unbudgeted:

Funds NOT Available:

Amendment:

Account Code(s) for Available Funds
1:	2018 Bond Funds

Fund Transfers

Remarks:

Attachments
Court Order
agenda memo
option A
option B
option C