Loading...
HomeMy WebLinkAboutOrdinance 19645-04-2011Ordinance No. 19645-04-2011 AN ORDINANCE INCREASING THE ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE GRANTS FUND IN THE AMOUNT OF $10,510,000.00, SUBJECT TO RECEIPT OF A GRANT FROM THE TEXAS DEPARTMENT OF TRANSPORTATION PASS THROUGH FINANCING PROJECT FUNDS, FOR THE CONSTRUCTION OF THE NEW HENDERSON STREET BRIDGE PROJECT; 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 2010-2011 in the Budget of the City Manager, there shall also be increased estimated receipts and appropriations in the Grants Fund in the amount of $10,510,000.00, subject to receipt of a grant from the Texas Department of Transportation Pass Through Financing Project Funds, for the construction of the new Henderson Street Bridge 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.19355 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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. AP ROV AST FORM AND LEGALITY: Assistant City Attorney ADOPTED AND EFFECTIVE: April 5, 2011 City of Fort Worth, Texas Mayor and Council Communication COUNCIL ACTION: App~'QVed on 4(5/2!}11 -Ord. No. 19645-U4-2E?1t DATE: Tuesday, April 05, 2011 REFERENCE NO.: C-24837 LOG NAME: 06HENDERSON STREET BRIDGE SUBJECT: Ratify the Application for and Authorize Acceptance of a Grant, if Awarded, of Pass Through Financing Project Funds in an Amount Up to $10,510,000.00 for the Construction of the New Henderson Street Bridge with the Texas Department of Transportation and Adopt Appropriation Ordinance (COUNCIL DISTRICT 9) RECOMMENDATION: It is recommended that the City Council: 1. Authorize the City Manager, if selected, to execute a contract with the Texas Department of Transportation for the reimbursement; 2. Ratify the application for and authorize the City Manager to accept, if awarded, a grant in an amount up to $10,510,000.00 in Pass Through Financing Project Funds from the Texas Department of Transportation for construction of the Henderson Street Bridge Project; and 3. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the Grant Fund by $10,510,000.00. DISCUSSION: The Texas Department of Transportation (TxDOT) has allocated $250 million in funding for the 2011 Pass Through Financing Program. Applications were due March 1, 2011, and qualifying projects had to be part of TxDOT's highway system ("on-system") in order to be eligible for selection. Reimbursement is only for local dollars that were contributed for construction by a local agency, and full reimbursement occurs over a 10-15 year period. On average, 80-90% of local costs are reimbursed with respect to selected projects. However, the actual reimbursement rate is negotiated after project selection and is primarily based upon the amount of traffic annually "passing through" the transportation improvement. After staff reviewed multiple city projects, the only project meeting TxDOT's criteria for the Pass Through Financing Program was the new Henderson Street Bridge. This Bridge is located on State Highway 199 and it is being constructed in order to span the new bypass channel that is part of the Trinity River Vision - Central City Project. The new bridge is expected to begin construction in mid-2012 with an estimated construction cost of $20.26 million, including an additional $3.05 million in construction contingencies. Of this amount, $12.8 million is already funded by the federal government with the remaining $10.51 million coming from local funds. The City's portion comes from funding that was previously set aside by voters in the 2004 and 2008 Capital Improvement Programs. The purpose of the application that has already been submitted to TxDOT for Pass Through Financing is to request reimbursement for the local dollars already budgeted for the Henderson Street Bridge Logname: 06HENDERSON STREET BRIDGE Page I of 2 Project. Because of the short turnaround with respect to the grant program submittal deadline, and because this program does not require any additional local matching funds beyond those already budgeted, the application was submitted prior to the March 1 deadline. Therefore, the City Council is being asked to ratify the application process. A letter of support from the Regional Transportation Council (RTC) that was approved at their February 10, 2011 meeting was also included in the application. This project is located in COUNCIL DISTRICTS 2 and 9, Mapsco 62U, 62Y and 62Q and will benefit the entire City. FISCAL INFORMATION /CERTIFICATION: The Financial Management Services Director certifies that upon approval of the above recommendations, receipt of the grant, and adoption of the attached appropriation ordinance funds will be available in the current operating budget, as appropriated, of the Grants Fund. Funds will be reimbursed by grantor after expenditures are made. FUND CENTERS: TO Fund/Account/Centers FROM Fund/Account/Centers GR74 451942 006302459000 $10.510.000.00 GR74 5 (VARIOUS) 006302459300 $10,510.000.00 CERTIFICATIONS: Submitted for City Manager's Office bv: Originating Department Head: Additional Information Contact: Fernando Costa (6122) Randle Harwood (6101) Mark Rauscher (2446) Logname: 06HENDERSON STREET BRIDGE Page 2 of 2 ORDINANCE NO. 19645-04-2011 ss ~ ~_ K r c :jN ~k )' Ik I i ~~ , ;r ~~jT q~r ~ ~- t ~}~ ~, kf.: ~ ~ ~ ~ .ice ~ a @ '~~ ~ ~ Z., ,.e ~~~ ~y '... '.~. ...~ fjfj ; + ~ ~, s f ,~ ~ ~ lull n j '~ y} ".~.~ s i ~~ s~.7~11 ~ 4 t. f ~ e~. ~,~ `t~~,'~~,~'. 1F~ Xig' iN~~ °r'>' 1~4 r„ 4 - ~~ ~ j~ '.t `y,... ~.'!. ~~y. .fix s r~~-~ t >k~" ~ "' ' x :. ;. 1 ,.. ~ is \ "'1'91 d