HomeMy WebLinkAboutOrdinance 22539-12-2016 ORDINANCE NO. 22539-12-2016
AN ORDINANCE INCREASING THE ESTIMATED RECEIPTS AND
APPROPRIATIONS IN THE TRANSPORTATION IMPACT FEE LEGACY FUND
IN THE AMOUNT OF $130,900.00, FROM AVAILABLE FUNDS, 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
Transportation Impact Fee Legacy Fund in the amount of $130,900.00, from available funds, 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of said prior ordinances and appropriations are hereby expressly repealed.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 Mary J. er,
ADOPTED AND EFFECTIVE: December 13,2016
Ordinance No. 22539-12-2016
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City of Fort Worth, Texas
Mayor and Council Communication
COUNCIL ACTION: Approved on 12/13/2016 - Ordinance No. 22538-12-2016 & 22535-12-
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 Developer Cost I CQ C st Total Cost
Logname: 06PARK VISTA - ILA AND CFA WITH CITY PARTICIPATION Page I of 2
h Vater Construction $ 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 $ 880,647.00 $ 6,296.00 $ 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