Title
Consider/Discuss/Act on a Resolution Amending the Fiscal Year 2017 - 2021 Capital Improvements Program to Provide Funds for the Hardin Boulevard Lanes 5 & 6 Project (ST3211)
Summary
COUNCIL GOAL: Direction for Strategic and Economic Growth
MEETING DATE: March 21, 2017
DEPARTMENT: Development Services / Engineering
CONTACT: Gary Graham, PE, PTOE CIP and Transportation Engineering Manager
Jason Horn, PE, Civil Engineer
RECOMMENDED CITY COUNCIL ACTION:
• Approval of the Resolution.
ITEM SUMMARY:
• This Resolution amends expenditures in the Fiscal Year 2017 - 2021 Capital Improvement Program Project by transferring $600,000 from McKinney Ranch Parkway Improvements (ST1614) to Hardin Boulevard Lanes 5&6 (ST3211) for construction services.
BACKGROUND INFORMATION:
• Hardin Boulevard is the last roadway to be widened in a series of systematic north-south roadway improvements along the SH 121 corridor in order to increase mobility and drive economic growth.
• Hardin Boulevard will be widened to provide a third through lane in each direction from McKinney Ranch Parkway to SH 121. Additionally, southbound left turn lanes will be added at SH 121.
• McKinney Independent School District is converting McKinney Ranch Parkway from a two lane roadway to a four lane divided roadway up to the eastern edge of their property line.
• Three developments are also improving McKinney Ranch Parkway along their property lines.
• This project is making the necessary improvements to McKinney Ranch Parkway in the areas between the developer built portions of roadway in order to have a completed four lane divided roadway from Hardin Boulevard to US 75.
• The project will provide for mobility to the new MISD stadium as well as other development in the area.
FINANCIAL SUMMARY:
• The Amendment of the FY 2017 - 2021 Capital Improvements Program will deduct existing funding for the project ST1614 in the amount of $600,000 and add it to project ST3211 in the amount of $600,000.
BOARD OR COMMISSION RECOMMENDATION:
• N/A