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HomeMy WebLinkAboutOrdinance 22430-09-2016 ORDINANCE NO.22430-09-2016 AN ORDINANCE INCREASING THE ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE AMOUNT OF $13,100.00, IN THE WATER CAPITAL FUND, FOR THE PURPOSE OF FUNDING THE CULTURAL DISTRICT/WILL ROGERS AREA WATER AND SANITARY SEWER IMPROVEMENT PROJECT; 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 amount of $13,100.00, in the Water Capital Fund, for the purpose of funding the Cultural District/Will Rogers Area Water and Sanitary Sewer Improvement Project. 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 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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, ary J. , Sr. Assistant City Attorney City Secretary ADOPTED AND EFFECTIVE: September 20, 2016 Ordinance No. 22430-09-2016 Page 1 of 1 FID table for M&C: 60CDWRA3-KHA Fund identifiers (FIDs) TO Department Account Project Budget Reference# Fund ID ID Program Activity Year (Ghartfield Amount — — 2 2)59601 0600430 4956001 C01468 2016 $13,100.00 2)59601 0600430 5110101 1 C01468 2016 $13,100.00 FROM Fund Department Account Project Program Activity Budget Reference# Amount ID ID Year (Chartfield 2) 3)56005 0600430 5330500 C01468 C01731 2016 $151,734.00 3)56005 0600430 5330500 C01468 C01732 2016 $303,468.00 3))56005 0600430 5330500 C01468 C01733 2016 $50,578.00 3)56005 0700430 5330500 C01468 C01731 2016 $19,296.00 3)56005 0700430 5330500 C01468 C01732 2016 $38,592.00 3)56005 0700430 5330500 C01468 C01733 2016 $6,432.00 A • ■ M 4NRfii E • y; L �; ,�.� �iEd �1��� 1� P ?fFg7 p r- �;ff WF. r �•PriiriP! ak - l r _ r 1W r 1 '14 f �` Im VOW .• ,t r a ,,,_ .. "Ilia, } y t ilima EL1 • '°''x r +lot kme,Ijas v 19A lip I m rl dlM - s City of Fort Worth, Texas Mayor and Council Communication COUNCIL ACTION: Approved on 9/20/2016 - Ordinance No. 22430-09-2016 & Resolution No. 4680-09-2016 DATE: Tuesday, September 20, 2016 REFERENCE NO.: **C-27934 LOG NAME: 60CDWRA3-KHA SUBJECT: Authorize Execution of Amendment No. 3 to City Secretary Contract No. 39975, an Engineering Agreement with Kimley-Horn and Associates, Inc., in the Amount of$570,100.00 for a Revised Contract Amount of $1,950,415.00 for the Cultural District/Will Rogers Area Water and Sanitary Sewer Improvement Project, Provide for Additional Project Management and Inspection Costs, Adopt Resolution Expressing Official Intent to Reimburse Expenditures with Proceeds of the Future Debt and Adopt Appropriation Ordinance (COUNCIL DISTRICT 7) RECOMMENDATION: It is recommended that the City Council: 1. Adopt the attached resolution expressing official intent to reimburse expenditures with proceeds of future debt for the Cultural District/Will Rogers Area Water and Sanitary Project; 2. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the Water Capital Fund in the amount of$13,100.00 from available funds; and 3. Authorize execution of Amendment No. 3 to City Secretary Contract No. 39975, an Engineering Agreement with Kimley-Horn and Associates, Inc., in the amount of$570,100.00 for a revised contract in the amount of$1,950,415.00 for the Cultural District/Will Rogers Area Water and Sanitary Sewer Improvements project. DISCUSSION: On February 9, 2010, Mayor and Council Communication (M&C C-24094) City Council authorized an Engineering Agreement with Kimley-Horn and Associates, Inc., in the amount of$1,072,250.00 for the Cultural District/Will Rogers Area Water and Sanitary Sewer Improvements. The Agreement was subsequently revised by two amendments totaling $308,065.00 as follows: Amendment No. 1 in the amount of$46,995.00 administratively authorized on March 17, 2014 and Amendment No. 2 in the amount of$261,070.00 authorized August 5, 2014 (M&C C-26903). Amendment No. 3 will provide additional engineering services for the replacement of water and sanitary sewer lines in the vicinity of the Will Rogers Memorial Coliseum and Cultural District Areas. These improvements are necessary to accommodate the increased water and sanitary sewer demands from various building expansions. This amendment also includes design of water and sanitary sewer improvements for the existing Will Rogers facilities, as well as replacing and upsizing water mains with maintenance problems on Montgomery Street (Harley Avenue to IH-30), Margaret Street (Linden Avenue to Collinwood Avenue) and Crestline Road (South University Drive to Forest Park Boulevard). The proposed scope of services consists of the following: Logname: 60CDWRA3-KHA Page 1 of 3 • Preparation of plans and specifications • Survey services • Geotechnical engineering • Cathodic protection • Permitting • ROW/Easement services • Construction Phase services. M/WBE OFFICE: Kimley-Horn and Associates, Inc., is in compliance with City's M/WBE Ordinance by committing to an additional three percent M/WBE participation on this Amendment No. 3. In addition to the contract cost, $124,900.00 (Water: $71,800.00; Sewer $40,000.00, TPW: $13,100.00) is required for project management and inspection. Engineering for the Cultural District/Will Rogers Area Water and Sanitary Sewer Improvements is one component of the overall project that includes project management, utility coordination, construction, material testing, inspection, and contingencies. The overall project budget is $12,042,580.00. This project will have no impact on the Water Department's operating budget when complete. 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 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 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. The project is located in COUNCIL DISTRICT 7, Mapsco 75H, 75M, 76E and 76F. FISCAL INFORMATION /CERTIFICATION: The Director of Finance certifies 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 Water Capital Fund. The Fiscal Year 2016 Water Operating budget includes appropriations of $26,068,353.00 for the purpose of providing Pay--As-You-Go funding for Water Capital Projects. After Logname: 60CDWRA3-KHA Page 2 of 3 this transfer for Fiscal Year 2016, the balance will be $5,919,202.00. In addition the Director of Finance certifies that the appropriation is available as directed by MSC G-18375 in the Water/Sewer Bond 2016 Fund for the Cultural District/Will Rogers Area Water and Sanitary Sewer Improvement Project and that upon approval of the above recommendation, funds are as depicted in the table below by fund: FUND Current Proposed Total* Appropriations Appropriations Water Capital Fund 6,351,411.00 $13,100.00 $6,364,511.00 59601 Sewer Capital Fund $3,210,652.00 $0.00 $3,210,652.00 59607 F 1Water and Sewer Bond $1,772,417.00 $0.00 $1,772,417.00 2015A 56007 F Water/Sewer Bond 2016 $695,000.00 $0.00 $695,000.00 Fund Project Total [-$12,029,480.001 $13,100.001$12,042,580.00, *Amounts rounded for presentation purposes. FUND IDENTIFIERS (FIDs): TO Fund Department ccoun Project Program ctivity Budget Reference # moun ID 1A ID Year (Chartfield 2) FROM Fund Department ccoun Project Program ctivity Budget Reference # moun ID ID Year Chartfield 2 CERTIFICATIONS: Submitted for City Manager's Office by: Jay Chapa (5804) Originating Department Head: John Carman (8246) Additional Information Contact: John Kasavich (8480) Logname: 60CDWRA3-KHA Page 3 of 3