HomeMy WebLinkAboutOrdinance 23128-03-2018 Ordinance No. 23128-03-2018
AN ORDINANCE REDUCING UNALLOCATED RECEIPTS AND APPROPRIATIONS IN
THE AMOUNT OF $799,000.00 IN THE WATER AND SEWER COMMERCIAL PAPER
FUND, FOR THE REPAIR AND REPAINTING OF ONE MILLION GALLON CALMONT
ELEVATED STORAGE TANK; 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 reduced unallocated receipts and appropriations in the amount
of$799,000.00 in the Water and Sewer Commercial Paper Fund, for the repair and repainting of one million
gallon Calmont elevated storage tank.
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 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said prior ordinances and appropriations are hereby expressly repealed.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: CITY SECRET
QaAt�,
Douglas W Blac M ry J. Ka s
Sr. Assistant City Attorney
ADOPTED AND EFFECTIVE: March 6, 2018
AL Water Mains n
Z
09
W �
Z E
s
16"CONCRETE
6
T.
WEST 16'CONCRETE
0
3
'u o
m
m
m
0
ED
30
3
a
30
IN
N
O
N
W
IJ
O
J
eV
N
V
12"C.I. 20"C.I. 20"C.i.
12"C.1.
U
m
2
O
Z
Y
Z
CO
W
F..
6"UNKNOWN MALVEY 6"UNKNO
s^uwKwowN s'uwKaoww
0
O
Y
DARWOOO
COPYRIGHTXIITCITYOFFORTWORTH FORTWORTH /
UHIS DATA ED ISM
EPRODUCTIONS USEDFORA GRAPHICAL
ATION OF APPLICABLELREPRSENTATION LAWS Calmont Elevated Tank
THIS DATA IS TO BE USED FOR A GRAPHICAL REPRESENTATION ONLY.
THE ACCURACY IS HOT TO BE TAKEN/USED AS DATA PRODUCED FOR WATER
ENGINEERING PURPOSES OR BY A REGISTERED PROFESSIONAL LAND ^t
SURVEYOR.THE CITY OF FORT WORTH ASSUMES NO RESPONSIBILITY I V
FOR THE ACCURACY OF SAID DATA. 0 100
FM
5/23/2017
City of Fort Worth, Texas
Mayor and Council Communication
COUNCIL ACTION: Approved on 3/6/2018 - Ordinance No. 23128-03-2018 & Resolution No.
4912-03-2018
DATE: Tuesday, March 6, 2018 REFERENCE NO.: **C-28611
LOG NAME: 60CALMONT REHAB AND REPAINT
SUBJECT:
Authorize Execution of a Contract with A&M Construction & Utilities, Inc., in the Amount of$699,000.00 for
Repair and Repainting of the One Million Gallon Calmont Elevated Storage Tank, Provide for Staff Costs
and Contingencies for a Total Project Amount of$799,000.00, Adopt Resolution Expressing Official Intent
to Reimburse Expenditures and Proceeds of Future Debt and Adopt Appropriation Ordinance (COUNCIL
DISTRICT 3)
RECOMMENDATION:
It is recommended that the City Council:
1. Adopt the attached resolution expressing Official Intent to Reimburse expenditures with proceeds of
future enterprise fund debt for the repair and repainting of the one million gallon Calmont Elevated Storage
Tank;
2. Adopt the attached appropriation ordinance reducing unallocated appropriations and increasing
appropriations for the repair and repainting of one million gallon Calmont Elevated Storage Tank in the
Water and Sewer Commercial Paper Fund in the amount of$799,000.00; and
3. Authorize the execution of a contract with A&M Construction & Utilities, Inc., in amount of$699,000.00
for the repair and repainting of the one million gallon Calmont Elevated Storage Tank (City Project No.
100885).
DISCUSSION:
The Calmont one million gallon elevated storage tank was built in 1948 and last repainted in 1999. The
existing coating has reached the end of useful life and needs to be removed and replaced in order to
protect the structural steel from corrosion.
On August 1, 2017, Mayor and Council Communication (M&C C-28304), the City Council authorized an
Engineering Agreement with a scope of work that included the preparation of plans and specifications for
the Calmont Elevated Storage Tank Repair and Repainting Project.
The project was advertised on November 16, 2017 and November 23, 2017, in the Fort Worth Star-
Telegram. On December 21, 2017, the following bids were received:
Logname: 60CALMONT REHAB AND REPAINT Page 1 of 3
BIDDER BID AMOUNT ICONTRACT
A&M Construction Utilities, Inc. $699,000.00,11 35 calendar days
N.G. Painting, L.P. $860,850.00
Blastco Texas $1,228,378.38
ITMI
Coatings, Inc. $1,230,000.00
American Suncraft $1,261,400.00
In addition to the contract cost, $50,000.00 is required for staff project management and $50,000.00 is
provided for project contingencies.
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 Callable Commercial Paper Program (CP) 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 CP 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 2018-2022 Five-Year Capital Improvement
Plan on December 12, 2017, Mayor and Council Communication (M&C G-19187). This City Council
adopted plan includes this specific project, with funding identified through the CP 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 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.
This project will have no impact on the Water Department's operating budget. The total cost for this project
is estimated to be $1,100,000.00.
Construction is anticipated to commence in March 2018. With contract time of 135 Calendar days, the
construction is estimated to be completed by the end of August 2018.
Logname: 60CALMONT REHAB AND REPAINT Page 2 of 3
M/WBE OFFICE - A&M Construction & Utilities, Inc., is in compliance with the City's BDE Ordinance by
committing to five percent MBE participation. The City's MBE goal on this project is five
percent. Additionally, A&M Construction & Utilities, Inc., is a certified M/WBE firm.
The project is located within the City Limits COUNCIL DISTICT 3.
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 Commercial Paper Fund for
the One Million Gallon Calmont Elevated Storage Tank Repaint and Rehabilitation Project. The Water and
Sewer Commercial Paper Fund includes authority of$150,000,000.00 for the purpose of providing interim
funding for Water and Sewer Capital Projects. After this transfer, the balance will be $101,730,598.00.
Funding for this project is depicted in the table below:
Fund Existing Additional Project
Appropriations JAppropriations Total*
2017A Water and
Sewer Bond Fund $225,840.00 $0.00 $225,840.00
56011
W&S Commercial $0.00 $799,000.00 $799,000.00
Paper Fund 56014
Project Total 1 $225,840.00 1 $799,000.001$1,024,840.00
* Numbers rounded for presentation purposes.
FUND IDENTIFIERS (FIDs):
TO
Fund Department ccoun Project Program ctivity Budget Reference # mount
ID ID Year Chartfield 2
FROM
Fund Department ccoun Project Program ctivity Budget Reference # mount
ID ID - Year (Chartfield 2
CERTIFICATIONS:
Submitted for City Manager's Office by: Jay Chapa (5804)
Originating Department Head: Kenneth Morgan (8246)
Additional Information Contact: Seiavash Mir (8404)
Logname: 60CALMONT REHAB AND REPAINT Page 3 of 3