Loading...
HomeMy WebLinkAboutOrdinance 22312-06-2016 ORDINANCE NO.22312-06-2016 AN ORDINANCE INCREASING THE ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE MARINE CREEK PARKWAY PROJECT OF THE TRANSPORTATION IMPACT FEE CAPITAL LEGACY FUND IN THE AMOUNT OF $1,700,000.00, FROM AVAILABLE FUNDS AND REDUCE FUND BALANCE IN THE RESERVES OF SERVICE AREA G BY THE SAME AMOUNT, FOR THE PURPOSE OF CONSTRUCTION OF MARINE CREEK PARKWAY/OLD DECATUR ROAD FROM SOUTH OF MCLEROY BOULEVARD TO NORTH OF GRAYSON ROAD, CROMWELL MARINE CREEK ROAD FROM OLD DECATUR ROAD TO MARINE CREEK PARKWAY AND LONGHORN ROAD FROM OLD DECATUR ROAD TO MARINE CREEK PARKWAY; 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 Marine Creek Road Project of the Transportation Impact Fee Capital Legacy Fund in the amount of $1,700,000.00,from available funds and reduce fund balance in the reserves of Service Area G by the same amount, for the purpose of construction of Marine Creek Parkway/Old Decatur Road from south of McLeroy Boulevard to north of Grayson Road, Cromwell Marine Creek Road from Old Decatur Road to Marine Creek Parkway and Longhorn Road from Old Decatur Road to Marine Creek Parkway. 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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: CI SEC T ougl as WWB I apc- ary J.Pa Sr.Assistant City Attorney ADOPTED AND EFFECTIVE:June 28,2016 Ordinance No.22312-06-2016 Page 1 of 1 MAYOR AND COUNCIL COMMUNICATION MAP Old Decatur Road and Marine Creek Parkway Project Management and Construction Phase Services � V J AX iIiI' ' i - A . a 600 900 •i � Feet Zia CD t. ,l � Cromwell-Ma"ri'"�s_ `•� • (_') d Creek R,d. ne .. `m Longhorn Rd r O -• 199 �.� ��.�.�'��i�;��:�� ;,'+ . � t!. IV �, . 0 500 11000 1,500 4 _ Feet JIM Copyright 2016 City of Fort Worth.Unauthorized reproduction is a violation of applicable laws. This product is for information purposes and may not have been prepared for or be suitable for legal,engineering,or surverying purposes.It does not represent an on-the-ground survey and represents only the approximate relative location of property boundaries. CITY PROJECT# 02506 The City of Fort Worth assumes no responsibility for the accuracy of said data. City of Fort Worth, Texas Mayor and Council Communication COUNCIL ACTION: Approved on 6/28/2016 - Ordinance No. 22312-.-06-2016 DATE: Tuesday, June 28, 2016 REFERENCE NO.: C-27816 LOG NAME: 20MARINE CREEK PARKWAY SUBJECT: Authorize Execution of a Contract with Jackson Construction, Ltd., in an Amount Up to $11,531,299.00, Including Potential Incentives in an Amount Up to $105,000.00, for Construction of Improvements to Marine Creek Parkway/Old Decatur Road from South of McLeroy Boulevard to North of Grayson Road, Cromwell Marine Creek Road from Old Decatur Road to Marine Creek Parkway and Longhorn Road from Old Decatur Road to Marine Creek Parkway, Construction of Northside II 48-Inch Water Transmission Main Phase 2, Part 3 and Provide for Staff Costs and Other Project Costs and Contingencies for a Total Project Amount of$14,909,250.00, Authorize Execution of a Professional Services Agreement with Kimley Horn and Associates, Inc., in an Amount Not to Exceed $206,800.00 for Additional Design, Project Management and Construction Services for the Project, with Expenditures to be Reimbursed from Proceeds of Future Debt, and Adopt Appropriation Ordinance (COUNCIL DISTRICT 2) RECOMMENDATION: It is recommended that the City Council: 1. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the Marine Creek Parkway Project of the Transportation Impact Fee Capital Projects Legacy Fund in the amount of$1,700,000.00 and reduce the fund balance in the reserves of Service Area G Fund by the same amount; 2. Authorize the execution of a contract with Jackson Construction, Ltd., in an amount up to $11,531,299.00, including potential incentives in an amount up to $105,000.00, for the construction of improvements to Marine Creek Parkway/Old Decatur Road from South of McLeroy Boulevard to North of Grayson Road, Cromwell Marine Creek Road from Old Decatur Road to Marine Creek Parkway and Longhorn Road from Old Decatur Road to Marine Creek Parkway and Construction of Northside II 48-inch Water Transmission Main Phase 2, Part 3; and 3. Authorize the execution of an Agreement with Kimley Horn and Associates, Inc., in an amount not to exceed $206,800.00 additional design, project management and construction services during the construction of Marine Creek Parkway/Old Decatur Road from South of McLeroy Boulevard to North of Grayson Road, Cromwell Marine Creek Road from Old Decatur Road to Marine Creek Parkway and Longhorn Road from Old Decatur Road to Marine Creek Parkway, with expenditures to be reimbursed from future debt. DISCUSSION: This project provides for the construction of Improvements to Marine Creek Parkway/Old Decatur Road from South of McLeroy Boulevard to North of Grayson Road, Cromwell Marine Creek Road from Old Decatur Road to Marine Creek Parkway and Longhorn Road from Old Decatur Road to Marine Creek Parkway and the Construction of Northside II 48-inch Water Transmission Main Phase 2, Part 3. The project was advertised on March 10, 2016 and March 17, 2016 in the Fort Worth Star-Telegram using the Logname: 20MARINE CREEK PARKWAY Page 1 of 4 low bid plus incentives method. Jackson Construction Ltd., submitted the lowest bid. On April 21, 2016, the following bids were received: E id Results FContractor Bid Jackson Construction, Ltd $11,426,2_99.00 Oscar Renda Contracting, Inc. $11,497,539.15 ITiseo Paving Co. $12,608,404.59 Construction of the Marine Creek Parkway improvements is one component of the overall project that includes design, project management, easements, right-of-way acquisition and contingencies. The overall project budget is $14,909,250.00. There are potential incentives of$3,000.00 per day, up to a maximum $105,000.00, built into the construction contract if the contractor delivers the project prior to a specified milestone. Failure to deliver the project by the specified substantial completion date will subject the contractor to liquidated damages of $3,000.00 per day until substantial completion is achieved. Kimley Horn and Associates, Inc., will perform additional project design, and will perform construction services to oversee the project. This project will have no impact on the Water Department's operating budget when complete. Construction is anticipated to commence in July 2016 and be complete in 480 calendar days. A portion of the costs for this project are included in the 2014 Bond Program. Available resources within the General Fund will be used to provide interim financing for these expenses until debt is issued. Once debt associated with this project is sold, bond proceeds will reimburse the General Fund, in accordance with the statement expressing official Intent to Reimburse that was adopted as part of the ordinance canvassing the bond election (Ordinance No. 21241-05-2014). A portion of this project is anticipated to be funded through inclusion 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 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 Direct Purchase Note 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 Reimbursement Resolution for the entire Northside II 48-inch Water Main, Phase II Improvement Project that is also on today's agenda. 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 Logname: 20MARINE CREEK PARKWAY Page 2 of 4 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. The adopted resolution does not obligate the City to sell bonds, but preserves the ability to reimburse the City from tax-exempt bond proceeds. M/WBE OFFICE: Jackson Construction, Ltd., is in compliance with the City's BDE Ordinance by committing to one percent MBE participation and documenting good faith effort. Jackson Construction, Ltd., identified several subcontracting and supplier opportunities. However, the MBE's contacted in the areas identified did not respond or did not submit the lowest bids. The City's MBE goal on this project is 22 percent. Kimley-Horn Associates, Inc., is in compliance with the City's BDE Ordinance by committing to 10 percent SBE participation. The City's SBE goal on this project is 10 percent. This project is located in COUNCIL DISTRICT 2. FISCAL INFORMATION /CERTIFICATION: The Director of Finance certifies that the appropriation is available as directed by M&C G-18375 in the Water/Sewer DPN Fund for the Northside II 48-inch Water Transmission Main Improvement Project and that upon approval of the above recommendations and adoption of the attached appropriation ordinance, funds will be available in the current capital budget as appropriated, of the Transportation Impact Fee Capital Legacy Fund and the 2014 Bond Program Fund. The current balance in the reserves of Service Area G is $3,974,416.11. Project Pending Remaining Description Appropriations to Encumbrances/ Balance Date Expenditures 5a600 5)ewer DPN Fund $ 0.00 $3,032,795.00 $ 0.00 5600 Marine Creek Parkway- $8,600,000.00 $7,039,021.04 $1,560,978.96 34014 2014 Bond Fund _ Marine Creek-39008 Impact Fee Fund $1,700,000.00 $1,700,000.00 0.00 FUND IDENTIFIERS (FIDs): TO Fund Department Accouni Project Program Activity Budget Reference # Amount ID ID Year Chartfield 2 1 1 39008 0200431 4413001 CO2506 C03980 1,700,000.0P0 39008 0200431 CO2506 CO2380 1,700,000.00 FROM Fund Department Accouni Project Program Activity Budget Reference # Amount ID ID Year Chartfield 2 3 39008 0200431 5740010 CO2506 CO2380 1,700,000.00 13),560051 0700430 5740010 CO2304 CO1485 2016 $346,935.00 Logname: 20MARINE CREEK PARKWAY Page 3 of 4 3)1340141 0200431 5740010 CO2506 CO2380 2016 14040199 $6,693,504.00 1 39008 0060419 4413001 UN9917 UN2300 1,700,000.00 4)340141 0200431 5330500 CO2506 CO2380 2016 14040199 $206,800.00 3)560051 0600430 5740010 CO2304 C01483 2016 $2,685,860.00 CERTIFICATIONS: Submitted for City Manager's Office by: Jay Chapa (5804) Originating Department Head: Douglas Wiersig (7801) Additional Information Contact: Wilma Smith (8785) Logname: 20MARINE CREEK PARKWAY Page 4 of 4