HomeMy WebLinkAboutOrdinance 22804-08-2017Ordinance No. 22804-08-2017
AN ORDINANCE INCREASING ESTIMATED RECEIPTS AND APPROPRIATIONS IN
THE AMOUNT OF $653,804.00 IN THE WATER AND SEWER DPN FUND, FROM
AVAILABLE FUNDS, FOR CHURCHILL ROAD WATER AND SANITARY SEWER
IMPROVEMENTS; 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
Water and Sewer DPN Fund in the amount of $653,804.00, from available funds, for Churchill Road Water
and Sanitary Sewer Improvements 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said prior ordinances and appropriations are hereby expressly repealed.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:
Douglas � Black
Sr. Assistant City Attorney
ADOPTED AND EFFECTIVE: Auqust 1, 2017
CITY SECRETARY ��
, �
Mar J. Ka se ,
�,
City of Fort Worth, Texas
Mayor and Council Communication
DATE: Tuesday, August 1, 2017
LOG NAME: 60CHURCHILL - NEELS1
REFERENCE NO.: **C-28302
SUBJECT:
Authorize Execution of an Engineering Agreement with Neel-Schaffer, Inc., in the Amount of $458,204.00
for Churchill Road Water and Sanitary Sewer Improvements, Provide for Additional Project Costs, Adopt
Reimbursement Resolution Expressing Official Intent to Reimburse Expenditures with Proceeds of Future
Debt and Adopt Appropriation Ordinance (COUNCIL DISTRICT 2)
RECOMMENDATION:
It is recommended that the City Council:
1. Adopt the attached resolution expressing official intent to reimburse expenditures with proceeds of
future debt for Churchill Road Water and Sanitary Sewer Improvements;
2. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the
Water/Sewer DPN Fund in the amount of $653,804.00; and
3. Authorize the execution of an engineering Agreement with Neel-Schaffer, Inc., in the amount of
$458,204.00 for Churchill Road Water and Sanitary Sewer Improvements (City Project No. 100888)
DISCUSSION:
The purpose of this Mayor and Council Communication (M&C) is to authorize the preparation of plans and
specifications for Churchill Road Water and Sanitary Sewer Improvements from White Settlement Road to
River Oaks Boulevard.
Neel-Schaffer, Inc., proposes to perform the necessary design services for a lump sum fee of
$458,204.00. Staff considers this proposed fee to be fair and reasonable for the scope of services
proposed.
In addition to the contract amount, $195,600.00 (Water: $123,900.00; Sewer: $71,700.00) is required for
project management, real property acquisition, and material testing.
This project is anticipated to be included in a future revenue bond issue for the Water and Sewer Fund.
Available cash within the Water and Sewer portfolio and the City's portfolio along with the appropriation
authority authorized under the Direct Purchase Note program will be used to provide interim financing for
this project until debt is issued. To the extent resources other than the Water and Sewer portfolio are used
to provide interim financing, the Water and Sewer Fund will be charged interest that is equivalent to the
overall rate of return being earned by the City portfolio (currently approximately one-percent annually).
Should the City's portfolio not support the liquidity needed to provide an interim short-term financing
source, another funding source will be required, which could mean issuance of securities under the Direct
Logname: 60CHURCHILL - NEELS 1 Page 1 of 3
Purchase Note program or earlier issuance of Water and Sewer revenue bonds than is currently planned.
Once debt associated with this project is sold, bond proceeds will be used to reimburse the Water and
Sewer portfolio and the City's portfolio in accordance with the attached reimbursement resolution.
The City Council adopted the Water Department's Fiscal Year 2017-2021 Five-Year Capital Improvement
Plan on January 24, 2017 (M&C G-18927). This City Council adopted plan includes this specific project,
with funding identified through the DPN program to be reimbursed with future revenue bonds. In
accordance with the provisions of the Financial Management Policy Statements, Staff anticipates
presenting revenue-supported debt issuances to the City Council for consideration within the next three
years. This debt must be issued within approximately three years to provide reimbursement for these
expenses. If that does not occur, the costs will no longer be reimbursable by issuing tax-exempt debt and
the funding source will have to be made whole through other budgetary methods. Adoption of this
resolution does not obligate the City to sell bonds, but preserves the ability to reimburse the City from tax-
exempt bond proceeds.
Engineering is one component of the overall project that includes project management, easement
acquisition, utility coordination, material testing, inspection, construction and contingencies. The overall
project budget is $6,230,739.00. Design is expected to start in August 2017 and be completed by August
2018. Construction is anticipated to commence in December 2018 and be completed by July 2020. The
sanitary sewer component of this project is part of the Water Department's Sanitary Sewer Overflow
Initiative Program.
This project will have no impact on the Water Department' s operating budget.
M\WBE OFFICE: Neel-Schaffer, Inc., is in compliance with City's BDE Ordinance by committing to 16
percent SBE participation. The City's SBE goal on this project is 16 percent.
The project is located in COUNCIL DISTRICT 2.
FISCA� INFORMATION / CERTIFICATION:
The Director of Finance certifies that upon approval of the above recommendations and adoption of the
attached appropriation ordinance, funds will be available in the Water/Sewer DPN Fund for Churchill Road
Water and Sanitary Sewer Improvements Project.
Appropriations are as depicted in the table:
FUND Existing Additional Project
Appropriations Appropriations Total*
Water & Sewer I $0.00 I $653,804.00 �$653,804.00
DPN Fund 56011
( Project Total ( $0.00 � $653,804.00 �$653,804.00
*Number rounded for presentation purposes.
FUND IDENTIFIERS (FIDs):
Department (Acco
Logname: 60CHURCHILL - NEELSl
Project (Progra
Budget ( Reference # �mount
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F
�_� ID � � ID ( � ( Year � (Chartfield 2j � �
und Department ccoun Project Program
ID ID
CERTIFICATIONS:
Submitted for City Manaqer's Office by_
Oriqinatinq Department Head:
Additional Information Contact:
Logname: 60CHURCHILL - NEELSI
Budget
Year
Jay Chapa (5804)
Kara Shuror (8819)
Reference #
Chartfield 21
Lawrence Hamilton (2626)
un
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