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HomeMy WebLinkAboutOrdinance 23263-06-2018 Ordinance No. 23263-06-2018 AN ORDINANCE INCREASING APPROPRIATIONS IN THE 2018 BOND PROGRAM FUND, FROM AVAILABLE FUNDS IN THE AMOUNT OF $269,171,000.00, TO PROVIDE FUNDING FOR CERTAIN 2018 BOND PROJECTS AND AUTHORIZE USE OF AVAILABLE CASH TO BE REIMBURSED IN THE FISCAL YEAR 2019 BOND PROGRAM; 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 2018 Bond Program Fund in the amount of $269,171,000.00, from available funds, to provide funding for certain 2018 Bond Projects pending the issuance of bonds for those projects. SECTION 2. That should any portion, section or part of a section of this ordinance be declared invalid, inoperative or void for any reason by a court of competent jurisdiction, such decision, opinion or judgment shall in no way impair the remaining portions, sections, or parts of sections of this ordinance, which said remaining provisions shall be and remain in full force and effect. SECTION 3. That this ordinance shall be cumulative of Ordinance 22928-09-2017 and all other ordinances and appropriations amending the same except in those instances where the provisions of this ordinance are in direct conflict with such other ordinances and appropriations, in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed. SECTION 4. This ordinance shall take effect upon adoption. APPROVED AS TO FORM AND LEGALITY: CITY SECRETA Y J n B. rong a J—. f r Assistant City A orney ADOPTED AND EFFECTIVE: June 12, 2018 EXHIBIT A DESCRIPTION PROPOSITION$COMPONENT$SUBCOMPONENT$STATIC/PROGRAM 2018 APPR Streets and Mobility Infrastructure Improvements 261,630,080 157,015,000 Street Construction/Reconstruction/Rehabilitation Projects 171,540,000 120,265,000 Avondale Haslet Road 12,080,000 S 12,080,000 Westport Parkway 7,290,000 S 7,290,000 Cromwell Marine Creek Road 8,860,000 S 8,860,000 Golden Trainagle Boulevard 2,870,000 S 2,870,000 Riverside Drive 5,120,000 S 5,120,000 Harmon road 18,000,000 S 18,000,000 Willow Springs/Blue Mound 11,000,000 S 11,000,000 W.Risinger Road 3,870,000 S 3,870,000 Bonds Ranch Road 14,440,000 S 14,440,000 Keller Hicks Road 2,000,000 S Kroger Drive 7,810,000 S 7,810,000 University Drive 4,000,000 S 4,000,000 West 7th Street 8,S00,000 S 8,500,000 Bailey Boswell Road 200,000 S 200,000 Streeet Construction/Reconstruction/Rehabilitation Projects 65,500,000 P 16,225,000 Mobility Improvements 87,500,000 36,750,000 Sidewalks/Bicycle Lanes 15,000,000 P 3,500,000 Bridge Rehabilitation 10,000,000 P 500,000 Sout Hulen Street and Branbury Road 5,170,000 S 5,170,000 Crowley Road/North Crowley Road and Cleburne Road 2,300,000 S 2,300,000 Altamesa Boulevard and Crowley Road 570,000 S 570,000 East Seminary Road and Mansfield Highway 1,150,000 S 1,150,000 Beach Street and Basswood Boulevard 1,720,000 5 1,720,000 East Northside Drive and Cold Springs Boulevard 3,100,000 S 3,100,000 West Long Avenue and Angle Avenue 4,020,000 S 4,020,000 McCart Avenue and Altamesa Boulevard 3,450,000 S 3,450,000 South Normandale Street and Las Vegas Trail 3,160,000 S 3,160,000 Northwest Loop 820 and Marine Creek Parkway 1,800,000 S 1,800,000 Park Vista Boulevard and Keller Haslet Road 1,725,000 S 1,725,000 Basswood Boulevard and U.S.Highway 377 1,835,000 S 1,835,000 Railroad Crossings 5,000,000 P 500,000 Street Lights 10,000,000 P 1,000,000 Traffic Signals 12,500,000 P 750,000 Neighborhood/School Safety 5,000,000 P 500,000 Public Art 2,590,080 Public Art 2,590,080 P Parks and Recreation Improvements 84,180,600 59,520,000 Parks,Recreation,and Facilities 82,530,000 59,520,000 Playground Equipment 750,000 S Athletic Field Lighting 3,000,000 Harmon Athletic Field 600,000 S North Park 600,000 S Rolling Hills 1,800,000 S Erosion Repair and Control,and Dam Restoration 661,000 Candleridge Park 256,000 S Lake Como Park 405,000 S Community Parks 14,500,000 8,500,000 Alliance Park 3,000,000 S 3,000,000 Chisholm Trail Park 2,500,000 S North Park 2,000,000 S North Boaz Park 2,000,000 S Riverside Park 2,000,000 5 2,000,000 Marine Creek Ranch 3,000,000 S Walks and Trails 7,500,000 Trinity Trails Connection 4,000,000 P Trail Gap Connections 3,500,000 P 3,500,000 Neighborhood Parks 3,760,000 Deer Meadow 500,000 S Kingsridge/Kingsridge West 600,000 S Marine Creek Lake 500,000 S McPherson Park 500,000 5 Parkwood East 300,000 S Trail Lakes Estates 450,000 S Tim Watson Park 500,000 S Vinyards at Heritage 410,000 S Park Land Acquisition 3,500,000 P 3,500,000 Fort Worth Zoo-Utility Infrastructure 1,339,000 P Community Centers 28,710,000 28,710,000 Northwest Community Center 10,000,000 S 10,000,000 Diamond Hill Community Center 9,900,000 S 9,900,000 Northside Community Center 5,100,000 S 5,100,000 Sycamore Community Center 2,710,000 S 2,710,000 Thomas Place Community Center 1,000,000 S 1,000,000 Golf Courses Rockwood Clubhouse and Maintenance Facility 7,710,000 S 7,710,000 Park Maintenance Facility 11,100,000 S 11,100,000 Public Art 1,650,600 Public Art 1,650,600 P Public Library Improvements 9,868,500 9,675,000 Library System Improvements 9,675,000 9,675,000 Library System Improvement 9,675,000 S 9,675,000 Public Art 193,500 Public Art 193,500 S Fire Safety Improvements 11,975,820 11,741,000 Fire Stations 11,741,000 11,741,000 Fire Station Construction 11,741,000 S 11,741,000 Public Art 234,820 Public Art 234,820 S Animal Care and Shelter Facility Improvements 13,770,000 13,500,000 Animal Care and Shelter Facility 13,500,000 13,500,000 Animal Care and Shelter Facility 13,500,000 S 13,500,000 Public Art 270,000 Public Art 270,000 S Police Facility Improvements 18,075,000 17,720,000 Police Facility 17,720,000 17,720,000 Police Facility 17,720,000 S 17,720,000 Public Art 355,000 Public Art 355,000 S TOTALS 399,500,000 399,500,000 399,500,000 269,171,000 City of Fort Worth, Texas Mayor and Council Communication COUNCIL ACTION: Approved on 6/12/2018 - Ordinance No. 23263-06-2018 DATE: Tuesday, June 12, 2018 REFERENCE NO.: G-19306 LOG NAME: 03FY18 - 2018 BOND PROGRAM APPROPRIATION FOR FY2018 SUBJECT: Adopt Appropriation Ordinance Increasing Estimated Receipts and Appropriations in the FY2018 Bond Program Fund in the amount of$269,171,000.00 to Provide Funding for Certain 2018 Bond Projects and Authorize use of Available Cash to be Reimbursed in the Fiscal Year 2019 Bond Program (2018 CAPITAL BUDGET ORDINANCE) (ALL COUNCIL DISTRICTS) RECOMMENDATION: It is recommended that the City Council adopt the attached appropriation ordinance increasing revenues and appropriations in the 2018 Bond Program Fund in the amount of$269,171,000.00 to provide funding for certain 2018 Bond Projects. DISCUSSION: The purpose of the Mayor and Council Communication is to adopt an appropriation ordinance for Fiscal Year 2018, allocating budgets to projects within the 2018 Bond Program: PROPOSITION TOTAL 2018 AUTHORIZATON APPROPRIATION Proposition A- Streets and Mobility Infrastructure $261,630,080.00 $157,015,000.00 Improvements Proposition B - Parks and Recreation Improvements $84,180,600.00 $59,520,000.00 Proposition C - Public Library Improvements $9,868,500.00 $9,675,000.00 Proposition D - Fire Safety Improvements $11,975,820.00 $11,741,000.00 Proposition E -Animal Care and Shelter Facility $13,770,000.00 $13,500,000.00 Improvements Proposition F - Police Facility Improvements $18,075,000.00 $17,720,000.00 TOTALS $399,500,000.00 $269,171,000.00 Available resources within the General Fund will be used to provide financing for those expenses until debt is issued. Once debt associated with this project is sold, bond proceeds will reimburse the General Fund in accordance with the statement expressing official Intent to Reimburse that was adopted as part of the ordinance canvassing the bond election. Attached are the projects and funding to support this appropriation. Departmental Capital Improvement Programs will be amended to reflect dollar amount and fiscal year changes related to 2018 bond funding. These projects are located in ALL COUNCIL DISTRICTS. This M&C does not request approval of a contract with a business entity. Logname: 03FY18 - 2018 BOND PROGRAM APPROPRIATION FOR FY2018 Page I of 2 FISCAL INFORMATION / CERTIFICATION: The Director of Finance certifies that upon approval of the above recommendation and adoption of the attached appropriation ordinance, funds will be available in the Fiscal Year 2018 Capital Improvement Programs, as appropriated in the 2018 Bond Program Fund. FUND IDENTIFIERS (FIDsJ: TO Fund Department ccoun Project Program ctivity Budget Reference # moun ID ID Year ChartField 2 FROM Fund Department ccoun Project Program ctivity Budget Reference # moun ID ID Year Chartfield 2 CERTIFICATIONS: Submitted for City Manager's Office by: Fernando Costa (8180) Originating Department Head: Lynda Johnson (6222) Additional Information Contact: Terry Hanson (7934) Logname: 03FY18 - 2018 BOND PROGRAM APPROPRIATION FOR FY2018 Page 2 of 2