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R384RESOLUTION NO. 384 IN SUPPORT OF THE CONNECTING KENNEDALE: REVITALIZING THE CITY CENTER SUSTAINABLE DEVELOPMENT PROJECT WHEREAS, the Regional Transportation Council comprised primarily of local elected officials, is the regional transportation policy board associated with the North Central Texas Council of Governments, is the regional forum for cooperative decisions on transportation; and, WHEREAS, the Regional Transportation Council approved $41 million for the current Sustainable Development Call for Projects on March 5, 2009; and, WHEREAS, the City of Kennedale submitted a sustainable development project application for the Connecting Kennedale: Revitalizing the City Center project to the North Central Texas Council of Governments (NCTCOG) prior to the October 2, 2009 deadline; and, WHEREAS, the Regional Transportation Council approved an increase in the funding amount and awarded $44.8 million for projects selected for funding through the current Sustainable Development Call for Projects on June 3, 2010; and, WHEREAS, the Regional Transportation Council approved $921,964 in (Regional Toll Revenue (RTR) or Regional Transportation Council (RTC) local) funds for the Connecting Kennedale: Revitalizing the City Center project through the 2009 -2010 Sustainable Development Call for Projects; and, WHEREAS, the Regional Transportation Council required the submittal of this resolution priof to the execution of an Interlocal Cooperative Agreement with the North Central Texas Council of Governments and the use of funds pending the receipt of an Interlocal Cooperative Agreement, and the requirement that a resolution of the City of Kennedale's governing body for each project be submitted to NCTCOG. NOW, THEREFORE, BE IT HEREBY RESOLVED THAT: Section 1. The City of Kennedale supports the Connecting Kennedale: Revitalizing the City Center as applied for in the original 2009 -2010 Sustainable Development Call for Projects application. Section 2. The City of Kennedale will serve as the public sponsor and lead project contact on this project. The City Manager is authorized to designate a single point of contact for the project. Section 3. The City of Kennedale commits to fund or pass through funds from the private sector for a minimum local cash or in -kind match of 20% of the total project cost. Section 4. The City of Kennedale confirms that the local partners, not the Regional Transportation Council, will be responsible for any cost overruns. Section 5. The City Manager is authorized to enter into an Interlocal Cooperative Agreement with the North Central Texas Council of Governments. Section 6. If applicable -for Infrastructure projects: The City of Kennedale confirms that infrastructure built with (Regional Toll Revenue (RTR) or Regional Transportation Council (RTC) local funds) will follow the administrative process, procurement, and design standards of the City of Kennedale. In the event federal funds are used for the project, the City of Kennedale supports the use of state and federal design guidelines. Section 7. The City of Kennedale confirms that all funding is handled on a reimbursement basis. Section 8. The City of Kennedale confirms that there are no outstanding local regulation issues associated with the proposed land uses associated with the development project. Section 9. The City of Kennedale confirms that the private developer, Kennedale Town Center, L.P. /Cypress Properties, will participate in the Connecting Kennedale: Revitalizing the City Center project by constructing the vertical infrastructure (buildings, etc.) in TownCenter. The City Manager is authorized to modify arrangements with the current developer including securing a replacement developer as necessary. Section 10. The City of Kennedale concurs with the Sustainable Development Call for Projects Program Rules. PASSED AND APPROVED ON THIS 9th day of February 2012. TTEST: Mayor, Brya Lankhorst Amethyst Cirmo, City Secretary