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HomeMy WebLinkAboutOrdinance 22538-12-2016 ORDINANCE NO.22538-12-2016 AN ORDINANCE INCREASING THE ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE INTERGOVERNMENTAL CONTRIBUTION FUND IN THE AMOUNT OF $163,700.00, SUBJECT TO RECEIPT OF FUNDS FROM THE CITY OF KELLER, FOR THE PURPOSE OF FUNDING THE PARK VISTA BOULEVARD 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 2016-2017 in the Budget of the City Manager, there shall also be increased estimated receipts and appropriations in the Intergovernmental Contribution Fund in the amount of$163,700.00, subject to receipt of funds from the City of Keller, for the purpose of funding the Park Vista Boulevard 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 Ordinance No. 22394-09-2016 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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: Richard McCracken,Assistant City Attorney Nary-JyJ(sJr,Ci1V Secretary ADOPTED AND EFFECTIVE: December 13,2016 Ordinance No. 22538-12-2016 Page 1 of 1 170 Keller H cks R 00 c� Golden riangle Blvd L a D Legend Park Vista Project Fort Worth 0.2 0.4 0.8 1.2 1.6 Mile Other Cities/ETJ N Park Vista Project Location Map City of Fort Worth, Texas Mayor and Council Communication COUNCIL ACTION: Approved on 12/13/2016 - Ordinance No. 22538-12-2016 & 22539-12- 2016 DATE: Tuesday, December 13, 2016 REFERENCE NO.: **C-28029 LOG NAME: 06PARK VISTA- ILA AND CFA WITH CITY PARTICIPATION SUBJECT: Authorize Execution of an Interlocal Agreement with the City of Keller in the Amount of$163,700.00, Authorize Execution of a Community Facilities Agreement with Wal-Mart Real Estate Business Trust in the Amount of$16,112,388.00 for the Construction of Park Vista Boulevard from Keller Hicks Road to Ray White Road, with City Participation in the Amount of$294,600.00 for Increasing the Height of the Park Vista Boulevard Bridge and the Installation of a 48-Inch Casing for a Water Line to Serve the City of Keller and Adopt Appropriation Ordinances (COUNCIL DISTRICT 7) RECOMMENDATION: It is recommended that the City Council: 1. Authorize execution of an Interlocal Agreement with the City of Keller to accept $163,700.00 for a 48- Inch water line casing for a future water line to serve the City of Keller; 2. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the Park Vista Boulevard Project of the Intergovernmental Contribution Fund in the amount of$163,700.00; 3. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the Park Vista Boulevard Project of the Transportation Impact Fee Legacy Fund in the amount of$130,900.00 and reduce the fund balance in the Unspecified Center of Service Area D by the same amount; and 4. Authorize the execution of a Community Facilities Agreement with Wal-Mart Real Estate Business Trust in the amount of$16,112,388.00 for the construction of Park Vista Boulevard from Keller Hicks Road to Ray White Road, with City participation in the amount of$294,600.00 for increasing the height of the Park Vista Road bridge and installations of a 48-inch water casing. DISCUSSION: Wal-Mart Real Estate Business Trust is executing a Community Facilities Agreement (CFA) to construct Park Vista Road from Keller Hicks Road to Ray White Road for its commercial development in north Fort Worth. The project includes a bridge over Big Bear Creek to the south of Golden Triangle Boulevard. The City is cost participating in the construction costs to increase the height of the bridge to provide adequate clearance under the bridge for future park trails. Additionally, the City of Keller will be executing an Interlocal Agreement with the City of Fort Worth to have 330 linear feet of a 48-inch water main casing included in this project to serve future development in Keller. The City's cost participation for the bridge and the installation of the water main casing is estimated to be $294,600.00, as shown on the table below. Item I Developer d7o--stl Ci Cost I Total Cost hogname: 06PARK VISTA -ILA AND CFA WITH CITY PARTICIPATION Page I of 2 �Vater Construction 1 $ 1,171,759.00 ( $157,404.00 $ 1,329,163.00 Roadway Construction $13,765,382.00 $130,900.00 $13,896,282.00 Material Testing and Inspection Fees F $ 880,647.00 $ 6,296.00 F$ 886,943.00 Total Project Cost 1 $15,817,788.00 $294,600.00 [-$16,112,388.00 The reimbursement of the participation, excluding inspection and material testing fees, is not a lump-sum amount and may be less than the stated amount depending upon the actual quantities and unit prices from the Notice of Final Completion Package, commonly referred to as the Green Sheet Package. This development is located COUNCIL DISTRICT 7. FISCAL INFORMATION / CERTIFICATION: The Director of Finance certifies that upon approval of the above recommendations, funds will be available in the current capital budgets, as appropriated, of the Intergovernmental Contribution Fund and the Transportation Impact Fee Legacy Fund. FUND IDENTIFIERS (FIDs): TO Fund Department ccoun Project Program ctivity Budget Reference # moun ID 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: Fernando Costa (6122) Originating Department Head: Randle Harwood (6101) Additional Information Contact: Julie Westerman (2677) Logname: 06PARK VISTA - ILA AND CFA WITH CITY PARTICIPATION Page 2 of 2