Loading...
HomeMy WebLinkAboutOrdinance 23369-09-2018 Ordinance No. 23369-09-2018 AN ORDINANCE INCREASING THE ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE AMOUNT OF $810,000.00 IN THE WATER AND SEWER COMMERCIAL PAPER FUND, FROM AVAILABLE FUNDS, FOR THE FM 156 FROM US 81/287 TO WATAUGA ROAD WATER 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 2017-2018 in the Budget of the City Manager, there shall also be increased estimated receipts and appropriations in the amount of$810,000.00 in the Water and Sewer Commercial Paper Fund, from available funds, for FM 156 from US 81/287 to Watauga Road Water Improvements. 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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 SECRETARY Douglas W Black Mary J. K ys q T Sr. Assistant City Attorney ADOPTED AND EFFECTIVE: September 11, 2018 .:iii - i11/Y• r -Y ♦ Y, I ,s s 11 Y .. u"L"77r i��ro•� r�,I a '`1 l i i a a�Y s i. ii c _ ssu„ �%�� t /iY Y ar ♦♦�Y -si�,J ® •a WIDENING LIMITS 7v �x dNl\li IY Ya yw' 1 .'i11 � i4.' y Ipa�\aAa1 i t F� Yt Y p■■ L LLA : -i:n. i � � N� ,n r���.,,. w♦ '`Y��ill � -r i i +SIE iii I • f{liil l � r ,v IlliYl Ilfifr� Ili 1 ..„ yp,�;�� fAt1U illi,l I � j[ - {Y i :r.,Ys I• wY •E~* 1 i �,iFii�A.=1 m, Y�1 ��ly ILYIl ,'y i. x � '' .a`,a0 Y� yl e n � • '�1��� u„Ii /YYHU' ■ !l/. I„ 1 to - rn1+Y ift � �1�/ 54 r J� au•: �ai ti a Ir�a.•�Y airs� ys t i�a 1 t 'MMII� I v r rl•,II '� } 1i - Yi.s i-ii� -IIu111e111 -riiLr'�,1�d IliltilYtilit/tYt :�, i,; `w a i u.Yi�`,#7 +-�i i ii w ais% ►r rN/I� -- p,,�i_.il o t y r ,i n:� �cele� � ' /Y tYYi a sit. •,yd a♦ uu, -; ,,i,A ,i i'dr ►tl eee4tieY . • . i ilii 11 i- •-i Rn41Y1'±�. � ii Y 1/fiilYirli / tett f iyYtii Mf• iii/..tiiil{i /IeI! ee/ fe -!Ill,lAlrt tll {1 1 1 �•Y r , -Y Y Y l/reWii tlt�w Ui er�i 4 iY %Yi Y,Yf.li, Yirll�� %III�`j1♦'ej� �Iiii�Yrtrilitf fi i�lll/'��1111 Y llalN ' t'{;'i t iii- i� - �-ti nr! f/IitAti111111 i1g11111 MUNI �.ri:♦' ,l'iY I/YIIIt i A Iftltlt„ _x 1 �1 \ t iw if „� FIIIIIYiI t11�•1~y�{ ' y. � •YAi �1llitt's it4ilii/!!i ii Y tt♦ia.�' ' 'M til tlYiillit 1111/1/� i {�."e a Y'ii Yilfiliiit �� \l 111 1.1 Ilili 11111/-� ni w^, n • YlitilY/YYr��{, t-'-o-t rllllY llt ' •° t11111-. � _i • • 'Mr,'. ./Y !YY/Y.tY «/Yr11Yi,1Y11Y ,, (. taa� '� a,iitii►l.1� i � ry Yi a 1 1 Ilk iiYud� l iY Y i i i��; 1:rq•I t i $ i7 i. i a e , t•,Jiollsa�s a`��' a .Y. •• • • A ii+, i)4- i.i'ii�AY MY � iiy Y�Y• ily & rr I � \ '.� C iI'n�1�t _ tai t 11 Yi111 wsi aaa/4wYY' � r �_3 �� ji � ,iys ' r Ii/ ::Ro+`:*"'i a Yt - • • � � Y' Yt��� '�r �_{ .♦ ! YYI YYwY Jr 1 Y • - � a Ys .._Yt3},. ,,,1J'v"iAs,�Ler YY• 1 - `tai ysa' �♦ .. a II It til � I - I . • FvP ♦ iii M f' � a,.11 P F^'' .�, i l� \\ rafYYYrs Y1 YYYYi'iiii Y Y _ � - : i J, - i 1 1{(�. 1��nn4�Y i IilififiM+ � t Y,YY.Y.Ya'�q..v,ui��y'. � •` ✓i.� ♦ it IrYll ✓ Il f {-* i r i PROPOSED WATER LINE RELOCATIONS �C AN - •w FORT f WORTH i City of Fort Worth, Texas Mayor and Council Communication COUNCIL ACTION: Approved on 9/11/2018 - Ordinance No. 23369-09-2018 & Resolution No. 4974-09-2018 DATE: Tuesday, September 11, 2018 REFERENCE NO.: **C-28838 LOG NAME: 60FM156-KHA SUBJECT: Authorize Execution of an Engineering Agreement with Kimley-Horn and Associates, Inc., in the Amount of $400,000.00 for Design and Project Management Services on FM 156 from US 81/287 to Watauga Road Water Improvements, Adopt Resolution Expressing Official Intent to Reimburse Expenditures with Proceeds of Future Debt, Provide for Project Costs and Adopt Reimbursement Ordinance (COUNCIL DISTRICTS 2 and 7) RECOMMENDATION: It is recommended that the City Council: 1. Adopt the attached Resolution expressing Official Intent to Reimburse expenditures with proceed of future debt for the FM 156 from US 81/287 to Watauga Road Water Improvements Project; 2. Adopt the attached appropriation ordinance reducing unallocated appropriations and increasing appropriations in the Water and Sewer Commercial Paper Fund in the amount of$810,000.00 from available funds for the purpose of funding FM 156 Water Improvements Project from US 81/287 to Watauga Road; and 3. Authorize the execution of an engineering agreement with Kimley-Horn and Associates, Inc. in the amount of$400,000.00 for design and project management services on FM 156 from US81/287 to Watauga Road Water Improvements and provide for project costs (City Project No. 101682). DISCUSSION: The Texas Department of Transportation (TXDOT) proposes to reconstruct and widen Farm-to-Market (FM) 156 (Blue Mound Road) from US 81/US287 to Watauga Road. This project has also been identified and specifically listed in Mobility 2040: The Metropolitan Transportation Plan for North Central Texas, developed by NCTCOG. Due to conflicts with the proposed roadway and drainage construction, water main relocations are necessary along the FM 156 corridor. Kimley-Horn and Associates, Inc., proposes to provide the necessary design, project management, and construction services for a not to exceed fee of$400,000.00. Construction support services include: attend preconstruction meetings, on-site observations, construction progress meetings, and shop drawing reviews. Staff considers the proposed fee to be fair and reasonable for the scope of services proposed. In addition to the contract amount, $410,000.00 is required for project management and real property acquisition. Engineering for FM 156 from US 81/287 to Watauga Road Water Improvements is one component of the Logname: 60FM156-KHA Page 1 of 3 overall project that includes project management, easement acquisition, material testing, inspection, construction and contingencies. The overall project budget is $5,751,400.00. Design is expected to start in October 2018 and be completed by September 2019. Construction is anticipated to commence January 2020 and be completed by March 2021. This project will have no impact on the Water Department's operating budget when complete. 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 September 26, 2017. 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 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. M/WBE OFFICE: Kimley-Horn and Associates, Inc., is in compliance with the City's BDE Ordinance by committing to 29 percent SBE participation on this project. The City's SBE goal on this project is 10 percent. This project is located in COUNCIL DISTRICTS 2 and 7. 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 and Sewer Commercial Paper Fund for the FM 156 from US 81/287 to Watauga Road Water Improvements Project. The Water and Sewer Commercial Paper Fund includes authority of the $150,000,000.00 for the purpose of providing interim funding for Water and Sewer Capital Projects. After this transfer, the balance will be $116,080,765.00. Funding for this project is depicted in the table below. Fund Existing Additional Project Appropriations Appropriations Total* i Water and Sewer Commercial 0.00 $810,000.00 $810000.00 Paper (56014) ' r Logname: 60FM156-KHA Page 2 of 3 Project Total I $0.001- $810,000.001$810,00 " Numbers rounded for presentation purposes. FUND IDENTIFIERS (FIDs): 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: Jay Chapa (5804) Originating Department Head: Chris Harder (5020) Additional Information Contact: John Kasavich (8480) Logname: 60FM156-KHA Page 3 of 3