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HomeMy WebLinkAboutOrdinance 18060-04-2008Ordinance No. 18060-04-2008 AN ORDINANCE INCREASING ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE GRANTS FUND IN THE AMOUNT OF $675,000 UPON RECEIPT OF THE GRANT FUNDS FROM THE STATE OF TEXAS FOR THE PURPOSE OF FUNDING GUINN ELEMENTARY SCHOOL RENOVATIONS AND TECH FORT WORTH PROGRMAING FUNDING; PROVIDING FOR A SEVERABILITY CLAUSE; MAKING THIS ORDINANCE CUMULATIVE OF PRIOR 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 2007- 2008 and in the Budget of the City Manager, there shall also be increased estimated receipts and appropriations in the Grants Fund in the amount of $675,000 upon receipt of the grant funds from the State of texas for the purpose of funding the Guinn Elementary School renovation and TECH Fort Worth Program Funding. 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. 17749 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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'C~t/ !/'~ Assistant City Attorney ADOPTED AND EFFECTIVE: April 22, 2008 Cifjr ®f ® V!/®r~th, 1"exas Mayor and Council Communication COUNCIL ACTION: Approved on 4/22/2008 -Ord. # 18060-04-2008 DATE: Tuesday, April 22, 2008 LOG NAME: 17UNT HSC AGREE REFERENCE NO.: **C-22770 SUBJECT: Authorize Execution of an Agreement with the University of North Texas Health Science Center at Fort Worth to Accept a Grant in the Amount of $675,000 from the State of Texas for Guinn Elementary School Renovation and TECH Fort Worth Program Funding and Adopt Appropriation Ordinance RECOMMENDATION: It is recommended that the City Council: 1. Authorize the City Manager to enter into an agreement with the University of North Texas Health Science Center at Fort Worth to accept and receive grant funds from the State of Texas in the total amount of $675,000 over two years beginning September 1, 2007; and 2. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the Grants Fund by $675,000 over the current and the next fiscal years, upon receipt of the grant funds. DISCUSSION: In May 1998, the U.S. Department of Economic Development (EDA) awarded the City of Fort Worth a $1.9 million grant to renovate the Middle School on the historic James E. Guinn School campus. The grant agreement with EDA stipulated that the City of Fort Worth would restore all three buildings on the campus. The Middle School reconstruction was completed in April 2001 and is the permanent home of the Fort Worth Business Assistance Center. In January 2000, the City accepted a $1,202,500 Economic Development Initiative grant from the U.S. Department of Housing and Urban Development for renovation of the former gym and industrial arts building on the Guinn campus. Construction of that project was completed in March 2004 and the building is now occupied by the TECH Fort Worth technology business incubator. The elementary school is the oldest and smallest of the three buildings (approximately 9,880 square feet on two floors) and the most representative in architectural character of the original 1917 structure. The elementary school fronts East Rosedale and is the location of the historical marker on the campus. The building is collapsing in many areas and is open to the elements. Most areas of the wood floor on the second story are unsafe, as is the roof, due to rotten or collapsed floor and roof joists. Immediate renovation work is needed before the structure deteriorates beyond repair. On May 3, 2005, the City approved a proposal to EDA ($400,000) and authorized its matching share ($100,000) to stabilize the exterior walls, replace the roof and pay for architectural fees to design the renovation of the Guinn elementary school. The remainder of the construction costs were estimated at that time to be $1,600,000. Lognaine: 17LTNT HSC AGREE Page 1 of 2 On August 23, 2005, the City Council authorized the City Manager to enter into an agreement with the University of North Texas Health Science Center (UNTHSC) to accept and receive grant funds from the State of Texas in the total amount of $2,200,000 in equal payments to be received over two years beginning September 1, 2005. The total grant from the State of Texas to UNTHSC was $3,100,000 over that two-year period. Of the total, $900,000 was appropriated by the State to UNTHSC to co-locate its grants management, technology transfer and clinical trials departments in its Center for BioHealth. UNTHSC also agreed to build wet lab space for TECH Fort Worth to manage and to house TECH Fort Worth incubator client companies. The ribbon-cutting for the new TECH Fort Worth Acceleration Lab at UNTHSC took place on March 26, 2008, and three TECH Fort Worth clients have already signed leases for wet labs there. The $2,200,000 of grant funds to be received by the City was allocated as follows: $1,600,000 for the remainder of the construction costs for the renovation of the Guinn elementary school, and $600,000 to fund programs at TECH Fort Worth, including a Phase Zero Small Business Innovation Research grant program, seed funding for viable start-up technology companies and business assistance operations. The State has renewed the $3,100,000 grant to the partnership of the City and UNTHSC for the next two years beginning September 1, 2007. Of this new grant, $2,425,000 has been appropriated to UNTHSC to fund early stage development of technologies. The remaining $675,000 is allocated to the City, with $375,000 and $100,000 of the first and second year funds to be spent on additional costs of renovation of the Guinn elementary school and $200,000 from the second year funds to be spent on non-operating costs of TECH Fort Worth. The Guinn School property is located in COUNCIL DISTRICT 8. FISCAL INFORMATION/CERTIFICATION: The Finance Director certifies that upon approval of the above recommendations, receipt of the grant and adoption of the attached appropriation ordinance, funds will be available in the current operating budget, as appropriated, of the Grants Fund. TO Fund/Account/Centers FROM Fund/Account/Centers GR76 5 (VARIOUS) 017452046XXX $675,000.00 GR76 451954 017452046000 $675,000.00 Submitted for City Manager's Office by: Tom Higgins (6140) Originating Department Head: Jay Chapa (6192) Additional Information Contact: Darlene Ryan (339-8968) Logname: 17UNT HSC AGREE Page 2 of 2