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Res 197-84 10/16/1984RESOLUTION NO. M_ AL RESOLUTION APPROVING THE PROPOSED COST SHARING BETWEEN THE FEDERAL GOVERNMENT AND THE CITY OF WICHITA FALLS , TEXAS RELATING TO THE CONSTRUCTION OF THE LAKE WICHITA DAM AND THE CHANNELIZATION OF HOLLIDAY CREEK. WHEREAS, the Army Corps of Engineers has presented a plan to reduce flooding damage on Holliday Creek and to make the Lake Wichita Dam safe; WHEREAS, the plan is outlined in a communication from the Assistant Secretary of the Army (Civil Works) and is entitled Lake Wichita, Holliday Creek, Texas ; WHEREAS, the City Council deems it desirable to pro- ceed with the construction as outlined by the Army Corps of Engineers document; WHEREAS, the City Council concurs with the cost distribution as outlined in revision "A" to a letter dated September 24, 1984 to the District Commander of the Tulsa District of the Corps of Engineers. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WICHITA FALLS, TEXAS, THAT: The City Council concurs with the funding distribution and agrees to the terms and conditions contained in revision A" to a letter dated September 24 , 1984 to Colonel Franklin T. Tilton, District Commander of the Tulsa District of the Corps of Engineers and signed by the Mayor of the City of Wichita Falls. PASSED AND APPROVED THIS THE 16th DAY OF OCTOBER, 1984. 177 ATTEST: Y 0 R City lerk C Wichita Falls Revision "A" September 24 , 1984 Colonel Franklin T. Tilton District Commander, Tulsa District P. 0. Box 61 Tulsa, OK 74121 Re: Lake Wichita, Holliday Creek, Texas Dear Colonel Tilton: Reference is made to your letter of August 21 , 1984 , and to our discussions regarding construction of the Lake Wichita, Holliday Creek, Texas project. This letter constitutes an expression of intent by the City of Wichita Falls, Texas, to cooperate with the Federal Government in initiating construction of the Lake Wichita, Holliday Creek, Texas project in Government Fiscal Year 1986 . To facilitate construction of the Lake Wichita, HollidayCreek, Texas project, the City of Wichita Falls, Texas will provide all lands, easements, right-of-ways and relocations, with the exception of railroads, necessary for construction of the project, plus the cost of making the existing Lake Wichita Dam safe, during the period of project construction as required in communication from the Assistant Secretary of the Army (Civil Works) entitled Lake Wichita, Holliday Creek, Texas. In addition, the City of Wichita Falls , Texas will provide such funds as are necessary to meet the following non-federal requirements for construction during the term of construction. This will amount to 35% of flood damage reduction costs, which is applicable to the Lake Wichita, Holliday Creek, Texas project. It is understood that the providing of all lands, ease- ments, right-of-ways , and relocations, with the exception of railroads, necessary for construction of the project, plus the cost of making the existing Lake Wichita Dam safe, is a non-federal responsibility and that the City of Wichita Falls , Texas will bear the full cost thereof, regardless of the 35% cost sharing percentage specified above. It is also understood that the City of Wichita Falls, Texas will bear the cost of operating and maintaining the project upon completion of construction in accordance with regulations prescribed by the Secretary of the Army. 1300 7th Street P 0 Box 1431 817;322 5611 MOr to Fails. Texas 76307 The project to be constructed is that generally described in a communication from the Assistant Secretary of the Army .Civil Works) as referred to the Committee on Public Works and Transportation on May 10, 1984 ; approved by the Assistant Secretary of Army on April 25, 1984 ; and as approved by theOfficeofManagementandBudgetonMarch5, 1984. Attached as exhibit "A" , is a schedule of projected federal and non- federal expenditures through fiscal year 1989. This schedule is based on a $30, 0.0,.000 extimate of total project costs, which includes an allowance for inflation through the construc- tion period. It is understood that estimates of costs are preliminary and that final costs will depend upon the actual costs of construction, however, if prior to construction more detailed studies indicate a substantial increase in cost, a new agreement shall be negotiated. The City of Wichita Falls, Texas is the agency empowered by law to provide the non-federal cooperation required for the Lake Wichita, Holliday Creek, Texas project, and prior to con- struction will enter into a binding written agreement with appropriate representatives of the Corps of Engineers which addresses project construction and satisfies the requirements of Section 221 of Public Law 91-611. It is further understood that if the City of Wichita Falls, Texas cost sharing proposal is acceptable to the Assistant Secretary of Army (Civil Works) , he will recommend to the Office of Management and Budget that an appropriate request for funds to support the Lake Wichita, Holliday Creek, Texas construction be included in the President' s budget for Fiscal Year 1986. As previously recognized, if legislation is enacted which changes cost sharing for the Lake Wichita, Holliday Creek, Texas project, such cost sharing provisions will supercede this financial agreement. Sincerely, Gary Cook Mayor 7Revision A EXHIBIT "A" CASH FLOW INFLATED DOLLARS LAKE WICHITA, HOLLIDAY CREEK PROJECT FEDERAL DOLLARS LOCAL DOLLARS TOTAL DOLLAR PROJECT YEAR FISCAL YEAR REQUIRED REQUIRED REQUIRED 1st 1986 1 , 500, 000 5,100, 000 6,600,000 2nd 1987 5, 100, 000 4 ,300, 000 9 ,400, 000 3rd 1988 5, 700, 000 2,600, 000 8, 300,000 4th 1989 4, 100, 000 2, 100, 000 6, 200 , 000 TOTAL 16,400 ,000 14 ,100, 000 30, 500, 000