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HomeMy WebLinkAboutOrdinance 22983-11-2017Ordinance No. 22983-11-2017 AN ORDINANCE INCREASING THE APPROPRIATIONS IN THE AMOUNT OF $600,000.00 IN THE WATER AND SEWER DPN FUND, FROM AVAILABLE FUNDS, FOR THE M-199 C-R SANITARY SEWER MAIN PARALLEL INTERCEPTOR PROJECT, PROJECT MANAGEMENT, UTILITY COORDINATION, REAL PROPERTYACQUISITION, AND MATERIAL TESTING; 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 2017-2018 in the Budget of the City Manager, there shall also be increased appropriations in the amount of $600,000.00 in the Water and Sewer DPN Fund, from available funds, for the M-199 C-R Sanitary Sewer Main Parallel Interceptor Project, project management, utility coordination, real property acquisition, and material testing. 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 competentjurisdiction, such decision, opinion orjudgment 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 22928-09-2017 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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 W Black Sr. Assistant City Attorney ADOPTED AND EFFECTIVE: November 7, 2017 -, CITY SECRETARY -;- L. _ Mary J. Kayse � City of Fort Worth, Texas Mayor and Council Communication DATE: Tuesday, November 7, 2017 REFERENCE NO.: **C-28461 LOG NAME: 6060M199CRPIWFB - RJN SUBJECT: Authorize Execution of Engineering Agreement with RJN Group, Inc., in the Amount of $525,000.00 for M- 199 C-R Sanitary Sewer Main Parallel Interceptor, Provide for Staff Costs, Property Acquisition and Utility Coordination for a Total Project Amount of $600,000.00, Adopt Resolution Expressing Official Intent to Reimburse Expenditures and Proceeds of Future Debt and Adopt Appropriation Ordinance (COUNCIL DISTRICT 7) RECOMMENDATION: 1. Adopt the attached resolution expressing official Intent to reimburse expenditures with proceeds of future debt for the M-199 C-R Sanitary Sewer Main Parallel Interceptor Project; 2. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the Water and Sewer DPN Fund in the amount of $600,000.00; and 3. Authorize execution an Engineering Agreement with RJN Group, Inc., in the amount of $525,000.00 for the M-199 C-R Sanitary Sewer Main Parallel Interceptor Project (City Project No.100836). DISCUSSION: This Mayor and Council Communication (M&C) is to authorize the preparation of plans and specifications for the installation of M-199 C-R Sanitary Sewer Main Parallel Interceptor Project. Sanitary Sewer Main 199 C-R services the West Fork Basin. As part of the City's Wastewater System Master Plan, the need for a 30-inch parallel relief line to M-199 C-R was identified. RJN Group, Inc. proposes to provide the necessary design services for a fee of $525,000.00. Staff considers the proposed fee to be fair and reasonable for the scope of services proposed. In addition to the contract amount, $75,000.00 is required for project management, utility coordination, real property acquisition and material testing. Engineering for the M-199 C-R Sanitary Sewer Main Parallel Interceptor is one component of the overall project that includes project management, easement acquisition, utility coordination, material testing, inspection, construction and contingencies. The overail project budget is $4,600,000.00. Design is expected to start in December 2017 and be completed by June 2019. Construction is anticipated to commence in November 2019 and be completed by October 2021. This project is part of the Water Department's Sanitary Sewer Overflow Initiative Program. 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 (DPN) Program will be used to provide interim Logname: 6060M199CRPIWFB - RJN Page 1 of 3 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 DPN 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, Mayor and Council Communication (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 Statement, 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 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. This project will have no impact on the Water Department operating budget. M/WBE OFFICE - RJN Group, Inc., is in compliance with City's BDE Ordinance by committing to 31 percent SBE participation. The City's SBE goal on this project is 16 percent. The project is located in COUNCI� DISTRICT 7 and Westworth Village. FISCAL 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 the M-199 C-R Sanitary Sewer Main Paraliel Interceptor Project. The Water & Sewer DPN Fund includes authority of $100,000,000.00 for the purpose of providing interim funding for Water and Sewer Capital Projects. After this transfer, the balance will be $86,370,529.00. Funding for this project is depicted in the table below. �___ _�—_---___.—.- i �Fund i � � _ . --- . -- - _ ---- e �Water & Sewer DPN ;Fund 56014 I Project Total Existing Appropriations $0.00 *Numbers rounded for presentation purposes. FUND IDENTIFIERS (FIDs�: und Department ccoun Project ID ID Logname: 6060M199CRPIWFB - RJN Additional � Project Appropriations # Total* i ---- _ ---__.. - ---- __ - _ -- � � $600,000.00� $600,000.00 � $600,000.00; $600,000.00 Budget Reference # Year (Chartfield 2' mou Page 2 of 3 CERTIFICATIONS: Submitted for City Mana�er's Office b� Originatinq Department Head: Additional Information Contact: Jay Chapa (5804) Kara Shuror (8819) Walter Norwood (5026) Logname: 6060M199CRPIWFB - RJN Page 3 of 3