Title
Intergovernmental Agreement with the Arizona Department of Transportation for Legislative Appropriations Transportation Funding for Roadway Improvements on 43rd Avenue Between Dove Valley Road and State Route 74/Carefree Highway (Ordinance S-50066)
Description
Request authorization for the City Manager, or his designee, to execute an Intergovernmental Agreement (IGA) with the Arizona Department of Transportation (ADOT) to accept and disburse Legislative Appropriations Transportation funding for roadway improvements to 43rd Avenue between Dove Valley Road and State Route 74/Carefree Highway. Request an exemption from the indemnification prohibition set forth in the Phoenix City Code section 42-18 for a governmental entity pursuant to Phoenix City Code section 42-20. Further request to authorize the City Treasurer to accept, and the City Controller to disburse, all funds related to this item.
Report
Summary
Laws 2023,1st Regular Session, Chapter 135 (Senate Bill 1722) Section 10 appropriated funding from the State general fund for highway projects. ADOT will issue a warrant in the amount of $6,500,000 appropriated to the City of Phoenix to extend 43rd Avenue between Dove Valley Road and State Route 74/Carefree Highway. This project is a vital major arterial roadway connection which supports the growing traffic demand associated with the expanding Taiwan Semiconductor Manufacturing Corporation (TSMC) site, a multi-billion-dollar economic generator. This project also supports the regional commitment to improve access to the future TSMC site.
Contract Term
The IGA will expire upon completion of the project and once all IGA-related payments are made.
Financial Impact
The current total project cost is estimated at $10.5 million. The State earmark appropriated to the City will cover $6.5 million of the total project cost. The City's participation is estimated at $4 million. Funding is available in the Street Transportation Department's Capital Improvement Program.
Location
43rd Avenue between Dove Valley Road and State Route 74/Carefree Highway
Council District: 1
Department
Responsible Department
This item is submitted by Deputy City Manager Alan Stephenson and the Street Transportation Department.