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HomeMy WebLinkAboutOrdinance 22610-02-2017 ORDINANCE NO.22610-02-2017 AN ORDINANCE INCREASING THE ESTIMATED RECEIPTS AND APPROPRIATIONS IN TRANSPORTATION IMPACT FEE FUND IN THE AMOUNT OF $650,000.00,FROM AVAILABLE FUNDS, FOR THE PURPOSE OF FUNDING THE CONSTRUCTION OF WEST BAILEY BOSWELL ROAD FROM WIND RIVER DRIVE TO OLD DECATUR ROAD.; PROVIDING FOR A SEVERABILITY CLAUSE; MAKING THIS ORDINANCE CUMULATIVE OF PRIOR ORDINANCES; REPEALING ALL ORDINANCES IN CONFLICT HEREWITH;AND PROVIDING AN EFFECTIVE DATE. BE 1T 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 Fund in the amount of$650,000.00, from available funds, for the purpose of funding the construction of West Bailey Boswell Road from Wind River Drive to Old Decatur Road. 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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 4ays ,City Secretary ADOPTED AND EFFECTIVE: February 21,2017 Ordinance No.22610-02-2017 Page 1 of 1 pr Pu y JL 44 FU c I. �a M2` ,F IT wo ®q rt h w r m . p � Cu y —01 11 , City of Fort Worth, Texas Mayor and Council Communication COUNCIL ACTION: Approved on 2/21/2017 - Ordinance Na 22610-02-2017 DATE: Tuesday, February 21, 2017 REFERENCE NO.: **C-28114 LOG NAME: 06BAILEY BOSWELL ADDITIONAL IMPACT FEE FUNDING SUBJECT: Authorize Execution of Amendment No. 1 to City Secretary Contract No. 48582, a Community Facilities Agreement with Bailey Boswell Marketplace LP, in the Amount of$968,393.60 Which Includes Additional City Participation in an Amount Not to Exceed $554,813.51, to Construct West Bailey Boswell Road from Wind River Drive to Old Decatur Road, and Adopt Appropriation Ordinance (Transportation Impact Fee Funds) (COUNCIL DISTRICT 7) RECOMMENDATION: It is recommended that the City Council: 1. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the Transportation Impact Fee Fund in the amount of$650,000.00 from available funds; and 2. Authorize the execution of Amendment No. 1 to City Secretary Contract No. 48582, a Community Facilities Agreement with Bailey Boswell Marketplace LP, in the amount of$968,393.60 which includes additional City participation in an amount not to exceed $554,813.51 to construct West Bailey Boswell Road from Wind River Drive to Old Decatur Road. DISCUSSION: On September 29, 2015, the City Council authorized the execution of a Community Facilities Agreement (CFA) with Bailey Boswell Marketplace LP, with City participation in an amount of up to $1,342,556.38 for the oversizing of West Bailey Boswell Road (M&C C-27494). The amount of the City's participation was based on the engineer's estimate of construction costs, including a 10 percent contingency. The project was publicly bid and the final bid amount was $968,393.60 over the engineer's estimate. Amendment No. 1 to the CFA will increase the total CFA amount and City participation to reflect the actual bid amount. This amendment provides for additional City participation up to $554,813.51, of which $484,196.80 is for construction costs and $70,616.71 is for engineering services. The Developer is providing the initial funding for the construction and the City is reimbursing its share of the construction costs through periodic draws. FISCAL INFORMATION / CERTIFICATION: The Director of Finance certifies that upon the approval of the above recommendation and the adoption of the attached appropriation ordinance, funds will be available in the current capital budget, as appropriated, of the Transportation Impact Legacy Fund. Logname: 06BAILEY BOSWELL ADDITIONAL IMPACT FEE FUNDING Page I of 2 FUND IDENTIFIERS (FIDs): TO Fund Department ccoun Project Program ctivity Budget Reference # moun ID ID Year Chartfield 2 FROM Fund Department ccoun Project JProgram ctivity Budget Reference # moun ID ID Year Chartfield 2 CERTIFICATIONS: Submitted for City Manager's Office by: Fernando Costa (6122) Originatina Department Head: Randle Harwood (6101) DJ Harrell (8032) Additional Information Contact: Julie Westerman (2677) Logname: 06BAILEY BOSWELL ADDITIONAL IMPACT FEE FUNDING Page 2 of 2