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HomeMy WebLinkAboutOrdinance 22709-05-2017 ORDINANCE NO.22709-05-2017 AN ORDINANCE INCREASING THE ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE INTERGOVERNMENTAL CONTRIBUTION FUND IN THE AMOUNT OF $500,000.00, FROM AVAILABLE FUNDS, FOR THE PURPOSE OF FUNDING THE W.EVERMAN PARKWAY—PAVING,DRAINAGE & STREET LIGHT IMPROVEMENTS TO SERVE SOUTHLAND BUSINESS PARK ADDITION; 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$500,000.00,from available funds,for the purpose of funding the W. Everman Parkway — Paving, Drainage & Street Light Improvements to serve Southland Business Park Addition. 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which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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. Ka os i Secre ry ADOPTED AND EFFECTIVE: May 9,2017 Ordinance No.22709-05-2017 Page 1 of 1 ur iu C [__ CL O m � r . V � y - T w 1 P V -1,IH NOIH LLlu O Q V ' + 5 F Oa L — f .F, ILI 11 rr UJ dt i I . i l�IFfd4'�3H d i t City of Fort Worth, Texas Mayor and Council Communication COUNCIL ACTION: Approved on 5/9/2017 - Ordinance No. 22709-05-2017 DATE: Tuesday, May 9, 2017 REFERENCE NO.: **C-28224 LOG NAME: 06EVERMAN PKWY- ILA AND CFA WITH CITY PARTICIPATION SUBJECT: Authorize Execution of an Interlocal Agreement with Tarrant County in the Amount of$500,000.00, Authorize Execution of a Community Facilities Agreement with Fort Worth Everman/Risinger Development, LLC, in the Amount of$812,620.00 for the Construction of West Everman Parkway from Cameron Hill Point to Sheridan Road, with City Participation in an Amount Not to Exceed $500,000.00 and Adopt Appropriation Ordinance (COUNCIL DISTRICT 8) RECOMMENDATION: It is recommended that the City Council: 1. Authorize execution of an Interlocal Agreement with Tarrant County to accept $500,000.00 for the construction of Everman Parkway between Cameron Hill Point and Sheridan Road; 2. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the Southland Business Park CFA Project of the Intergovernmental Contribution Fund in the amount of $500,000.00; and 3. Authorize the execution of a Community Facilities Agreement with Fort Worth Everman/Risinger Development, LLC, in the amount of$812,620.00 for the construction of West Everman Parkway from Cameron Hill Point to Sheridan Road, with City participation in an amount not to exceed $500,000.00. DISCUSSION: This Mayor and Council Communication authorizes the execution of a Community Facilities Agreement (CFA) with Fort Worth Everman/Risinger Development, LLC, the developer of Southland Business Park Block 1, Lot 1 (Developer) which is generally located at the southeast corner of Everman Parkway and Cameron Hill Point. The project includes the construction of the southern lanes of Everman Parkway from their existing terminus just east of Sheridan Road for approximately 1,600 feet to the west to Cameron Hill Point. Of that section of Everman Parkway, only 300 feet is along the frontage of the lot currently being platted and developed. The remaining 1,300 feet fronts an undeveloped parcel owned by BEW Development, LLC (BEW). The Developer is not required to construct the 1,300 feet fronting BEW's parcel as a condition of development for Southland Business Park but has coordinated with the BEW to dedicate the right-of-way necessary for that portion of Everman Parkway. The Developer has also coordinated with Tarrant County for the County to provide $500,000.00 of construction funding for that portion of Everman Parkway. The Developer will publicly bid and provide initial funding for the roadway construction while the City will use the County funds to reimburse the Developer up to $500,000.00 for the construction. Logname: 06EVERMAN PKWY - ILA AND CFA WITH CITY PARTICIPATION Page I of 2 Project Expenditures: ItemDeveloper Cost, City Cost Total Cost Estimated Construction Costs $171,587.00[ $500,000.00 $671,587.00 Material Testing and Inspection Fees $40,295.00 0 $40,295.00 15 Percent Contingency (— $100,738.001 0 $100,738.00 Total Project Cost $312,620.00 $500,000.00 $812,620.00 In accordance with Section (V)(1)(C)(4)(E) of the CFA Policy, the Director of Transportation and Public Works has determined that the Developer will not be required to construct the remaining portions of West Everman Parkway from Cameron Hill Point west to the MK&T Railroad tracks (Phase 2). The City will administratively execute a development agreement with the Developer and Hickman Family Limited Partnership for the future construction of Phase 2 of Everman Parkway. The development agreement will require dedication of the right-of-way for Phase 2 of Everman Parkway as well as right-of-way located to the west of the MK&T Railroad tracks. The development agreement will further provide that a final plat for Southland Business Park Addition, Block 1, Lots 2, 3, 4, 5 or 6 shall not be approved by the City until a CFA is executed with the City for the construction of Phase 2 of Everman Parkway. This development is located COUNCIL DISTRICT 8. FISCAL INFORMATION /CERTIFICATION: The Director of Finance certifies that upon approval of the above recommendations and receipt of funds from the County, appropriations will be available in the current capital budget, as appropriated, of the Intergovernmental Contribution Fund. FUND IDENTIFIERS (FIDs): TO (Fund Department ccoun Project JProgram ctivity Budget Reference # IAmoun ID ID Year ; (Charkfield 2 FROM Fund Department iAccoun Project Program ctivity Budget Reference # �mounl ID C ID Year (Chartfield 2) CERTIFICATIONS: Submitted for City Manager's Office by: Fernando Costa (6122) Originating Department Head: Randle Harwood (6101) DJ Harrell (8032) Additional Information Contact: Julie Westerman (2677) Logname: 06EVER IAN PKWY - ILA AND CFA WITH CITY PARTICIPATION Page 2 of 2