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HomeMy WebLinkAboutOrdinance 19138-05-2010Ordinance No 19138 -05 -2010 AN ORDINANCE INCREASING THE ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE GRANTS FUND IN THE AMOUNT OF $500 000 00 SUBJECT TO RECEIPT OF AN ECONOMIC DEVELOPMENT INITIATIVE SPECIAL PROJECT GRANT FROM UNITED STATES DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT FOR THE PURPOSE OF PROVIDING FUNDING FOR THE TRINITY RIVER VISION 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 2009 -2010 in the Budget of the City Manager there shall also be increased estimated receipts and appropriations in the Grants Fund in the amount of $500 000 00 subject to receipt of an Economic Development Initiative Special Project grant from the United States Department of Housing and Urban Development for the purpose of providing funding for the Trinity River Vision 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 18809 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed SECTION 4 This ordinance shall take effect upon adoption APPROVED AS TO FORM AND LEGALITY Assistant City Attorney ADOPTED AND EFFECTIVE. May 11. 2010 City of Fort Worth, Texas Mayor and Council Communication C{)UNw ACTION A00r0 �� 1%2 10 c!' No 19'f >38= 05 -2Q'E© N DATE Tuesday, May 11, 2010 LOG NAME 02TRV EDI 0095 FY2010 REFERENCE NO * *C -24206 SUBJECT Accept an Economic Development Initiative Special Project Grant in the Amount of $500,000 00 from the United States Department of Housing and Urban Development for the Trinity River Vision Project, Authorize Execution of Related Interlocal Agreement with Tarrant Regional Water District and Adopt Appropriation Ordinance (COUNCIL DISTRICTS 2 and 9) RECOMMENDATION It is recommended that the City Council 1 Authorize the acceptance of an Economic Development Initiative Special Project Grant in the amount of $500,000 00 from the United States Department of Housing and Urban Development for the Trinity River Vision Central City project; 2. Authorize the City Manager to execute a Grant Agreement with the United States Department of Housing and Urban Development upon award of the Grant; 3 Adopt the attached appropriation ordinance increasing the estimated receipts and appropriations in the Grants Fund by $500,000 00 upon receipt of the Grant; and 4 Authorize the City Manager to execute an Interlocal Agreement with the Tarrant Regional Water District, as the sub - grantee, in an amount not to exceed $500,000 00 contingent upon receipt of the Grant. DISCUSSION During the Fiscal Year 2010 Federal Appropriations Process, the City received a notification of award for an Economic Development Initiative (EDI) Special Project Grant from the United States Department of Housing and Urban Development (HUD) in the amount of $500,000 00 The Grant, (B- 10 -SP -TX -0095) funded by HUD Appropriations Act 2009, (P L. 111 -8) specifies $500,000 00 for construction of the Trinity River Vision Project. The Grant is proposed for land acquisition and the construction of public improvements to facilitate the development of the Trinity River Vision Central City Project. On June 3, 2003, the City Council adopted the Trinity River Vision Master Plan as a guide for future development along the Trinity River and its major tributaries. Tarrant Regional Water District (TRWD), in cooperation with Streams and Valleys, Inc., the United States Army Corps of Engineers and the City of Fort Worth led the effort to prepare the master plan The project will alter the flow of the Trinity River at the confluence of the Clear and West Forks near Downtown The purpose of this project is to reduce Central City flooding threats. The proposed improvements will also control the flow of the Trinity River so as to allow greater public access to the river and to create an urban waterfront. The City Council, the Tarrant County Commissioners Court, the TRWD board and Streams and Valleys, Inc., have endorsed the urban waterfront concept. Logname. 02TRV EDI 0095 FY2010 Page 1 of 2 The Fiscal Year 2010 HUD EDI grant does not have a local matching requirement. The City of Fort Worth will administer the grant on a pass- through basis with the TRWD as the sub grantee TRWD will oversee the specific land acquisition and public improvement construction authorized by the grant. The Interlocal Agreement between the City of Fort Worth and TRWD will outline the duties and obligations of the parties in this respect. This project is located in COUNCIL DISTRICTS 2 and 9 and benefits the entire City FISCAL INFORMATION / CERTIFICATION The Financial Management Services 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 FUND CENTERS TO Fund /Account/Centers FROM Fund /Account/Centers GR76 451727 002206468000 $500.000.00 GR76 539120, 002206468010 $500.000.00 GR76 539120 00206468010 $500.000.00 CERTIFICATIONS Submitted for City Manager's Office b Fernando Costa (8476) Originating Department Head. Randle Harwood (6101) Additional Information Contact: Jackie McCarthy (7942) Logname. 02TRV EDI 0095 FY2010 Page 2 of 2