HomeMy WebLinkAboutOrdinance 22289-06-2016 ORDINANCE NO.22289-06-2016
AN ORDINANCE INCREASING THE ESTIMATED RECEIPTS AND
APPROPRIATIONS IN THE WILL ROGERS MEMORIAL CENTER GATE 42
AUTOMATION PROJECT OF THE MUNICIPAL PARKING CAPITAL
PROJECTS FUND IN THE AMOUNT OF $426,578.00 AND IN THE PARKING
GARAGES PROGRAMMABLE PROJECT OF THE FUND IN THE AMOUNT OF
$583,007.43, FROM AVAILABLE FUNDS, FOR THE PURPOSE OF FUNDING
MUNICIPAL PARKING FISCAL YEAR 2016 CAPITAL IMPROVEMENTS, AND
REDUCING RESERVES IN THE MUNICIPAL PARKING CAPITAL PROJECTS
FUND IN THE AMOUNT OF$1,009,585.43;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 Will
Rogers Memorial Center Gate 42 Automation Project in the Municipal Parking Capital Projects Fund in the
amount of $426,578.00 and in the Parking Garages Programmable Project in the Fund in the amount of
$583,007.43, from available funds, for the purpose of funding Municipal Parking capital improvements in
Fiscal Year 2016, and reduced funds in the reserves of the Municipal Parking Capital Projects Fund in the
amount of$1,009,585.43.
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of said prior ordinances and appropriations are hereby expressly repealed.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 S TO FORM AND LEGALIT .
Jessica Sang ang,As star City Attorney a J. Kaye Ci Sec
ADOPTED AND EFFECTIVE: Jure 28, 2016
Ordinance No. 22289-06-2016
Page 1 of 1
City of Fort Worth, Texas
Mayor and Council Communication
COUNCIL ACTION: Approved on 6/28/2016 - Ordinance No. 22289-06-2016, 22290-06-2016
& 22291-06-2016
DATE: Tuesday, June 28, 2016 REFERENCE NO.: **G-18772
LOG NAME: 20MUNICIPAL PARKING CIP
SUBJECT:
Approve Municipal Parking Fund Three Year Capital Improvement Plan, Adopt Appropriation Ordinances
and Authorize Necessary Transfers (COUNCIL DISTRICTS 7 and 9)
RECOMMENDATION:
It is recommended that the City Council:
1. Authorize transfer to the Municipal Parking Debt Service Fund any funds remaining unspent from
proceeds associated with debt that is subject to previously approved restructuring;
2. Adopt the attached appropriation ordinance increasing receipts and appropriations in the Municipal
Parking Debt Service Fund by $1,200,000.00, from unspent debt proceeds, for the purpose of completing
actions necessary to consummate previously approved debt restructuring;
3. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the Will
Rogers Memorial Center(WRMC) Gate 42 Automation Project of the Municipal Parking Capital Projects
Fund by $426,578.00 and in the Parking Garages Programmable Project of the Fund by $583,007.43,
from available funds, for the purpose of funding Municipal Parking capital improvements in Fiscal Year
2016, and reducing reserves in the Municipal Parking Capital Projects Fund by $1,009,585.43;
4. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the
Parking Garages Programmable Project of the Municipal Parking Residuals Fund by $186,278.55, from
available funds, for the purpose of funding Municipal Parking capital improvements in Fiscal Year 2016,
and reducing reserves in the Fund by the same amount; and
5. Approve the attached three year Capital Improvement Plan for the Municipal Parking Fund for Fiscal
Years 2016-2018.
DISCUSSION:
The purpose of this Mayor and Council Communication (M&C) is to (i) reallocate previously appropriated
capital funds from debt proceeds to the debt service funds and to appropriate those dollars and other
unspent debt proceeds to allow consummation of previously approved debt restructuring that will achieve
substantial debt service savings to the City's parking system; (ii) approve the use of other unrestricted
dollars for Municipal Parking spending plans for capital improvements for the current year; and (iii) outline
the plan for future years' improvements.
In December 2015, the City Council approved M&C G-18625, which appropriated funds for various City
Capital Improvement Plans for Fiscal Year 2016, including an allocation of$753,000.00 in the Municipal
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Parking Capital Fund for projects to enhance the City's parking facilities, in particular improvements at Will
Rogers Memorial Center (WRMC) Gate 42. Funds allocated to parking improvements consisted of
revenues from the sale of Series 2009 certificates of obligation (COs).
In May 2016, the City Council authorized the refunding of the 2009 COs in connection with this year's debt
sale to achieve savings (M&C G-18736). In order to refund the COs, all remaining unspent proceeds must
be transferred to debt service to reduce outstanding principal prior to the closing of the refunding.
Approval of the first and second recommendations will complete these actions, allowing the City to realize
over$13 million in net present value savings from all of the debt being refunding by general obligation
debt, a substantial portion of which is attributable to the parking system. However, approval of those
actions will eliminate the appropriation of$753,000.00 to the Municipal Parking Capital Fund that was
made in M&C G-18625.
The remaining recommendations in the current M&C will appropriate $1,009,585.43 from income in the
Municipal Parking Fund (MPF) generated through the parking operation to the previously planned
improvements at WRMC Gate 42 and also make parking system improvements at other locations as
detailed below. The MPF is supported by the revenue generated from the fees paid by the use of metered
spaces, surface lots, parking garages and the lease of retail office space. The combined revenue stream
across these assets at existing rates is just sufficient to cover operational cost and service debt. The
development of the MPF via the improvement of facilities and infrastructure is critical to keep the fund's
service offerings competitive and relevant to the public.
Fiscal Year 2016 Capital Improvement Plan is a three year plan that includes 9 projects in three
operational areas:
WRMC Parking System
-Automation of Gate 42: The improvement plan for Gate 42 is geared at meeting the diverse needs of the
WRMC core customer base. The equestrian and livestock events require a significantly different
configuration than the typical vehicular portal and around the clock staffing at certain times of the year.
The automation of this gate will further meet the needs of the WRMC client base and reduce long-run
labor costs typically used in staffing this portal.
- Electronic Handheld Units-Point of Sale: The use of handheld Point of Sale (POS) units significantly
reduces the process time on entrance to the WRMC parking facilities especially in times of the highest
demand for parking.
Fort Worth Convention Center Parking System
• Development of the west and east side Commercial Retail space: City will complete 16,000 square feet
of space on the first floor of the Houston Street garage to enable lease of that space by commercial
entities in retail or restaurant businesses.
• Electronic Handheld Units-POS: The use of POS units significantly reduces the process time on
entrance to the downtown parking facilities especially in times of the highest demand for parking.
- Flex-Scan Readers: City will institute the use of infra-red bar code readers. The addition of these readers
in the Houston and Commerce Street Garages will be a huge benefit to multiple day/entry customers,
which are typical with multiple day conferences.
• Pay On Foot Pay Stations: These stations will enable transient parking customers to prepay using cash
or credit card prior to exit and effectively shorten process time, especially in times of high demand.
On Street/Other Municipal Parking Systems
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• Pay Station Expansion: City will add pay stations with multiple payment modes in areas of the highest
demand for on street parking, including the Central Business and Cultural Districts.
• Gated Control &Automation - Taylor Street Garage: The addition of gates with proximity card access for
monthly and authorized parkers will improve the quality of service to parking customers and will eliminate
a significant amount of labor spent on customer service, administrative and enforcement related activities.
• Handheld Citation Electronic Units - Parking Compliance: Implementation of a new citation system will
replace paper based ticket writing with electronic citation units that can transfer citation information
instantaneously to the Municipal Court and effectively shorten the total citation process time from multiple
weeks to within a few hours.
These projects are located in COUNCIL DISTRICTS 7 and 9.
This M&C does not request approval of a contract with a business entity.
FISCAL INFORMATION / CERTIFICATION:
The Director of Finance certifies that upon approval of the above recommendations, funds will be available
in the current budgets, as appropriated, of the Municipal Parking Debt Service Fund, the Municipal
Parking Capital Projects Fund and the Municipal Parking Residuals Fund.
Description (Appropriations Amount of Remaining
_ Transfer Appropriation
Municipal Parking $1,195,863.98 $1,195,863.98 $0.00
Capital Projects
Fund (59451) and
Municipal Parking
Residuals Fund
FUND IDENTIFIERS (FIDs):
TO
Fund Department Account Project ProgramActivity Budget Reference # Amount
ID ID Year Chartfield 2
54502 0200431 4954501 100140 2016 $426,578.00
54502 0200431 100140 2016 $426,578.00
54502 0200431 4905401 P00008 2016 [83
3,007.43
54502 0200431 P00008 2016 007.43
54504 0200431 4905410 P00008 2016 6278.55
54504 0200431 P00008 2016 6,278.55
FROM
Fund Department Account Project ProgramActivity Budget Reference # Amount
ID ID Year Chartfield 2
594511 0200431 4954501 UNSPEC UN0700 1,096,668.44
.594511 0200431 4905401 UNSPEC C00780 $99,195.54,
CERTIFICATIONS:
Submitted for City Managees Office bk Jay Chapa (5804)
Originating Department Head: Douglas W. Wiersig (7801)
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Additional Information Contact: Peter Elliott (7977)
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