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HomeMy WebLinkAboutOrdinance 22097-02-2016 ORDINANCE NO. 22097-02-2016 AN ORDINANCE INCREASING THE ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE WATER CAPITAL PROJECTS FUND IN THE AMOUNT OF $283,796.00, FROM AVAILABLE FUNDS, FOR THE PURPOSE OF FUNDING WATER AND SANITARY SEWER MAIN RELOCATIONS FOR THE TRINITY RIVER VISION - CENTRAL CITY PROJECT AND THE TRINITY UPTOWN SERVICE AREA - PHASE 4; PROVIDING FOR A SEVERABILITY CLAUSE; MAKING THIS ORDINANCE CUMULATIVE OF PRIOR ORDINANCES; REPEALING ALL ORDINANCES IN CONFLICT HEREWITH; AND PROVIDING AN EFFECTIVE DATE. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH, TEXAS: SECTION 1. That in addition to those amounts allocated to the various City departments for Fiscal Year 2015-2016 in the Budget of the City Manager,there shall also be increased estimated receipts and appropriations in the Water Capital Projects Fund in the amount of$283,796.00, from available funds, for the purpose of funding Water and Sanitary Sewer Main Relocations for the Trinity River Vision - Central City Project and the Trinity Uptown Service Area- Phase 4. SECTION 2. That should any portion, section or part of a section of this ordinance be declared invalid, inoperative or void for any reason by a court of competent jurisdiction, such decision, opinion or judgment shall in no way impair the remaining portions, sections, or parts of sections of this ordinance, which said remaining provisions shall be and remain in full force and effect. SECTION 3. That this ordinance shall be cumulative of Ordinance No. 21873-09-2015 and all other ordinances and appropriations amending the same except in those instances where the provisions of this ordinance are in direct conflict with such other ordinances and appropriations, in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed. SECTION 4. This ordinance shall take effect upon adoption. APPROVED AS TO FORM AND LEGALITY: Douglas W. Black, Mary J. KWel, Sr.Assistant City Attorney City Secretary ADOPTED AND EFFECTIVE: February 16, 2016 Ordinance No.22097-02-2016 Page 1 of 1 ti • t�.�4 t• �i: I' j� ty. r .+ °�I• a Y^.• rf y �` #. I j AMY NSO Lu LU UJA LU WISH apt ,, � �r �' �" •N t,-$ Ao t ak A 75 l � - R a VA kx z x a t • i �j E ` 1 City of Fort Worth, Texas Mayor and Council Communication COUNCIL ACTION: Approved on 2/16/2016 - Ordinance No. 22096-02-2016, 22097-02-2016 & Resolution No. 4600-02-2016 DATE: Tuesday, February 16, 2016 REFERENCE NO.: C-27628 LOG NAME: 60WSTRAVA4-KHA SUBJECT: Authorize Execution of Amendment No. 4 to City Secretary Contract No. 37013 with Kimley-Horn and Associates, Inc., in the Amount of$1,596,900.00 for Water and Sanitary Sewer Main Relocations for the Trinity River Vision - Central City Project and the Trinity Uptown Service Area Phase 4, Provide for Project Costs for a Project Total in the Amount of$9,342,813.00 and Adopt Appropriaton Ordinances and Reimbursement Resolution (TRV- RELATED EXPENSES ELIGIBLE FOR REIMBURSEMENT FROM THE TRWD) (COUNCIL DISTRICTS 2 and 9) RECOMMENDATION: It is recommended that the City Council: 1. Adopt the attached Appropriation Ordinances increasing estimated receipts and appropriations in the Water Capital Projects Fund in the amount of$283,796.00 and the Sewer Capital Projects Fund in the amount of$147,535.00; 2. Authorize the execution of Amendment No. 4 to City Secretary Contract No. 37013 with Kimley-Horn and Associates, Inc. in the amount of$1,596,900.00 for Trinity River Vision - Central City Project and the Trinity Uptown Service Area Phase 4; and 3. Adopt the attached Resolution expressing official intent to reimburse expenditures with proceeds of future debt for the Trinity River Vision - Central City Project and the Trinity Uptown Service Area Phase 4. DISCUSSION: On April 15, 2008, (Mayor and Council Communication (M&C) C-22765) the City Council authorized an Engineering Agreement in the amount of$2,533,113.00 for water and sanitary sewer main relocations for the Trinity River Vision - Central City Project and the Trinity Uptown Service Area Phase 4. The Engineering Agreement was subsequently revised by Amendment No. 1 (M&C C-25303, November 15, 2011) in the amount of$1,580,000.00 to provide for Phase 2A, Amendment No. 2 (M&C C-26276, May 21, 2013) in the amount of$1,896,000.00 to provide for Phase 2B and Amendment No. 3 (M&C C- 26838, June 10, 2014) in the amount of$1,736,800.00 to provide for Phase 3. This Amendment No. 4 allows Kimley-Horn and Associates, Inc., to commence with the necessary design work for Phase 4. The proposed scope of services for Trinity River Vision - Central City Project and the Trinity Uptown Service Area Phase 4 includes the following: Logname: 60WSTRAVA4-KHA Page 1 of 4 • Design for the relocation of conflicting water and/or sanitary sewer mains for Gateway/Oxbow Valley Storage Site E Channel Segments A, B, C and D; • Construction phase services; • Permit acquisition; • Coordination meetings with TRV Management Team, TRV partners and Staff; • Subsurface utility engineering; • Geotechnical investigations; • Design Program Management; • Holly Water Systems Analysis; • Ham Branch Sanitary Sewer Study; and • Panther Island Sanitary Sewer Master Plan Kimley-Horn and Associates, Inc., proposes to provide the necessary additional services for a lump sum fee of$1,596,900.00. Staff considers the fee to be fair and reasonable for the scope of services proposed. In addition to the contract amount, $431,331.00 (water: $283,796.00 and sewer: $147,535.00) is required for program management, real property acquisitions, material testing and inspection. This project will have no impact on the Water Department's operating budget. Upon approval of this amendment, the total of these water, sanitary sewer and major storm drain appropriations for the Trinity River Vision - Central City Project and the Trinity Uptown Service Area Phase 4 Project will be $39,885,975.00. This project is anticipated to be included in a future revenue bond issue for the Water and Sewer Fund. Available cash within the Water and Sewer portfolio and the City's portfolio along with the appropriation authority authorized under the Direct Purchase Note (DPN) program will be used to provide interim financing for this project until debt is issued. To the extent resources other than the Water and Sewer portfolio are used to provide interim financing, the Water and Sewer Fund will be charged interest that is equivalent to the overall rate of return being earned by the City portfolio (currently approximately one-percent annually). Should the City's portfolio not support the liquidity needed to provide an interim short-term financing source, another funding source will be required, which could mean issuance of securities under the DPN program or earlier issuance of Water and Sewer revenue bonds than is currently planned. Once debt associated with this project is sold, bond proceeds will be used to reimburse the Water and Sewer portfolio and the City' s portfolio in accordance with the attached Reimbursement Resolution. The City Council adopted the Water Department's Fiscal Year 2016 - 2020 Five-Year Capital Improvement Plan on February 2, 2016 (M&C G-18662). This City Council-adopted plan includes this specific project, with funding identified through the DPN program to be reimbursed with future revenue bonds. In accordance with the provisions of the Financial Management Policy Statements, Staff anticipates presenting revenue-supported debt issuances to the City Council for consideration within the next three years. This debt must be issued within approximately three years to provide reimbursement for these expenses. If that does not occur, the costs will no longer be reimbursable by issuing tax-exempt debt and the funding source will have to be made whole through other budgetary methods. Adoption of this resolution does not obligate the City to sell bonds, but preserves the ability to reimburse the City from tax- exempt bond proceeds. Logname: 60WSTRAVA4-KHA Page 2 of 4 Appropriations for the Trinity River Vision - Central City and the Trinity Uptown Service Area Phase 4 Project will consist of the following: Descri tion Existing Additional Future p Appropriations Appropriations Appropriations Project Total* Engineering $14,222,727.00 [—$ - 0.00 1 $ 573,634.-001 $14,796,361.00 Construction $21,557,177.00_F- $ 0.00 1$4,667,900.00_1$26,225,077.00 Project Management, Real Property Acquisitions, Inspection,Testing and Contingencies $3,674,740.00 $431,331.00 _ $ 344,175.00 $ 4,450,246.00 Project Total $39,454,644.00 $431,331.00 $5,585,709.00 $45,471,684.00 * Numbers rounded for presentation purposes. Appropriations for the Trinity River Vision - Central City and the Trinity Uptown Service Area Phase 4 Project will consist of the following by fund: Fund Appropriations* Specially Funded Projects Fund 39007 (—$10,715,680.00 Water/sewer DPN Fund 56005 $6,855,400.0_0__ Water and Sewer Bond 2015A 56007 $6,167,422.00 Water Capital Fund 59601 $14,404,709.00 Sewer Capital Fund- Legacy 59607 $7,328,473.00 Project Total $45,471,684.00 * Numbers rounded for presentation purposes. Of the $1,596,900.00 cost of this amendment, the amount of$1,368,784.00 is necessitated by the Trinity River Vision (TRV) Project while the remaining amount of$228,116.00 is non-TRV related. Having met its $26.6 million commitment to the TRV Project, the City will be reimbursed the amount of$1,368,784.00 by the Tarrant Regional Water District (TRWD) upon contract completion, in accordance with the provisions of the executed Interlocal Agreement between the City and the TRWD (City Secretary Contract No. 43425). Staff will record a receivable every month for reimbursable expenses and the TRV Program Manager in the Planning and Development Department will be responsible for collecting the full reimbursement from TRWD upon project completion. Available resources in the 2017 Water and Sewer Revenue Bonds Capital Project Fund will be used to provide interim financing until reimbursement occurs. Once reimbursement is received, the revenue will be receipted to the 2017 Water and Sewer Revenue Capital Project Fund. M/WBE OFFICE: Kimley - Horn and Associates, Inc., is in compliance with the City's M/WBE Ordinance by committing to 25 percent M/WBE participation on this Amendment No. 4. The City's goal on this amendment is 25 percent. This project is located in COUNCIL DISTRICTS 2 and 9, Mapsco 62U and 62V. FISCAL INFORMATION / CERTIFICATION: The Director of Finance certifies that upon approval of the above recommendations and adoption of the attached appropriation ordinances, funds will be available in the Water Capital Projects Fund and the Sewer Capital Projects Fund. After the appropriations for this project are completed, the balance in the Water Capital Projects Fund will be $11,519,588.00 and the balance in the Sewer Capital Projects Fund will be $14,621,522.00. In addition, funds are available as directed by M&C G-18375 in the 2017 Water Logname: 60WSTRAVA4-KHA Page 3 of 4 and Sewer Revenue Bonds Capital Project Fund for funding the Trinity River Vision-Central City Project and the Trinity Uptown Service Area Phase 4 Project to pay expenses which will be incurred on this contract until reimbursement is received from the TRWD, as depicted in the following table: F d _ Existing dditional Appropriations AAppropriations Juture Appropriations Project Total* Specially Funded Projects Fund 39007 V5,129,971.00 0.00 1$5,5 85,709.00 10,715,680.00 _ Water/Sewer DPN Fund 56005 V6,855,400.00 _ 0.00 10.00 6,855,400.00 1Water&Sewer Bond 2015A 56007 V6,167,422.00 0.00 $ 0.00 6,167,422.00 Water Capital Fund 59601 14,120,912.00 283,796.00 ,$ 0.00 14,404,708.00 _ Sewer Capital Fund- Legacy 59607 7,180,938.00 V147,535.00 $ 0.00 ,328,473.00 Project Total 39,454,643.00 431,331.00 _ $5,585,709.00 5,471,683.00 * Numbers rounded for presentation purposes. FUND IDENTIFIERS (FIDs): TO Fund Department Account Project Program Activity Budget Reference # Amount ID ID Year Chartfield 2 59601 0600430 4905420 C00969 2016 $283,796.0 0 59607 0700430 4905420 000969 2016 $147,535.00 59601 0600430 5110101 C00969 C01780 2016 P283,769.00 59607 0700430 1 5110101 1 C00969 I C01780 1 2016 1 0147,535.00 FROM Fund Department Account Project Program Activity Budget Reference # Amount ID ID Year Chartfield 2 596011 0600430 5110101 C00969 C01780 2016 $283,769.00 59607 0700430 5110101 C00969 C01780 2016 $147,535.00 56005 0600430 5330500 C00969 C01733 2016 $291,368.00 56005 0700430 5330500 C00969 C01733 2016 1,305,532.00 CERTIFICATIONS: Submitted for City Manager's Office by: Jay Chapa (6122) Originating Department Head: John Carman (8246) Additional Information Contact: Liam Conlon (6824) Logname: 60WSTRAVA4-KHA Page 4 of 4