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Home My WebLink AboutOrdinance 23640-04-2019ORDINANCE NO. 23640-04-2019 AN ORDINANCE INCREASING ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE WATER AND SEWER COMMERCIAL PAPER FUND, FROM AVAILABLE FUNDS IN THE AMOUNT OF $32013249001 FOR THE PURPOSE OF FUNDING THE NEAR SOUTHSIDE MEDICAL DISTRICT WATER AND SANITARY SEWER 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 2018-2019 in the Budget of the City Manager, there shall also be increased estimated receipts and appropriations in the Water and Sewer Commercial Paper Fund in the amount of $320,324.00, from available funds, for the Near Southside Medical District Water and Sanitary Sewer 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 23392-09-2018 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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. Kilf,�, `,J� Douglas Black Sr Assistant City Attorney ADOPTED AND EFFECTIVE: April 16, 2019 MAYOR AND COUNCIL COMMUNICATION MAP 60 N EARSSM E DWSSA2=ANA e � 4 W TUCKERST� '� - , � tee- �tv (PENNSYLVANIA`AVE R 1 7 K- y• �� •PRUITTIST II - J_ PER SIT- - i 1 W � iW Q1 IT a, t Z — I— if lififil- WORTH ST- F- 0 - J — U) It I - J - W OLEANDER�ST; ff FiF r W MYRTLE ST IFIt . tW \ - a x r Q rr � � \\ - W ALLEN AVEI'_,� o u = - IF � W 'fill IT Q i IF \� }, Q _ III III III 4 w , BEITT mo N HALLI'CTI —��' �I (�� . F 1 1 FB I 1 �r W _ LJIF II ,7 - pp EDWIN SST - a —Nd 'RV AVE f tI,F it , W MAGNOLIA AVE -11 of IBW I IJ :jvl AN MISTLET _AVE 1, �� / •fir /\� • o � � -_• �,\ 'IT i i� -J ;I IT 1' IT I-71 >oF I a� � �1 �) IT I a . I, Y [ m I FORTWORTH - i _ LJIF II ,7 - pp EDWIN SST - a —Nd 'RV AVE f tI,F it , W MAGNOLIA AVE -11 of IBW I IJ :jvl AN MISTLET _AVE 1, �� / •fir /\� • o � � -_• �,\ 'IT i i� -J ;I IT 1' IT I-71 >oF I a� � �1 �) IT I a . I, Y [ m I FORTWORTH - i pp EDWIN SST - a —Nd 'RV AVE f tI,F it , W MAGNOLIA AVE -11 of IBW I IJ :jvl AN MISTLET _AVE 1, �� / •fir /\� • o � � -_• �,\ 'IT i i� -J ;I IT 1' IT I-71 >oF I a� � �1 �) IT I a . I, Y [ m I FORTWORTH - i I IJ :jvl AN MISTLET _AVE 1, �� / •fir /\� • o � � -_• �,\ 'IT i i� -J ;I IT 1' IT I-71 >oF I a� � �1 �) IT I a . I, Y [ m I FORTWORTH - i IJ :jvl AN MISTLET _AVE 1, �� / •fir /\� • o � � -_• �,\ 'IT i i� -J ;I IT 1' IT I-71 >oF I a� � �1 �) IT I a . I, Y [ m I FORTWORTH - i �� / •fir /\� • o � � -_• �,\ 'IT i i� -J ;I IT 1' IT I-71 >oF I a� � �1 �) IT I a . I, Y [ m I FORTWORTH - i MAYOR AND COUNCIL COMMUNICATION MAP 60N EARSSM EDWSSA2=ANA IFF � r �1�� -LJ L y<el rr 130 EB ENTER LANCASTER -' - - IF 41 0� _ 30 _ < _ : INDUSTRIAL AVE w ��f- N' X ,r . FitFit a cit ~W VICK'ERY,BLVD. , +-r w m" -, ; i N �i L J9 r.; ,D m I l mi / mJ 1 I IL_� �l V f- 1 1j Q 0� a�� 2 DAGGET.T.'AVE %z j 1 v I-JJ' _ DAGGETT'AVE 1 11 .1'I� �Or u l L z 0 ®mil E� O —_ wPF W BROFzw E BROADWAY STD r ADWAYAVEJOuSTELL'A ST Lj Q, �r ,- 17 rrf I I I= �; F-% PETERSMITH ST '�, , C --OPP z E�TUCKER ST -nAV W TUCKER ST�= �� rS"T HcnEANNIE STPENNSYLVANIAE'>= ld I i'� J T] Fit � Q z -i HATTIE ST 'HiHIF 1 JI =`t' I L wL_ PRITT ST L a' p; r [a�� I�11 > I I I?�' m 11110111 J _4 r [ W CANNON'STZ i w Q, 9Q <•, r ��w IF -� LEUDA'ST �_ LEUDASTto MF I — F, Fill 4 U rn m�a pi - w i '. - _- z q .� _ Q CO a I i� _ z DASHWOOD ST J P _. _, DASHWOOD STi' , . . - _ —� I r O �` - ( - W r �. j FE w OSEDALE ST. OLi) ROSED :c w. R w ALE ST k _. w r Q w Irl Cl cn z C7 6 w (h14. O w ( _ O > fi ��a� . 1 z�O` _ 9C� W.OLEANDERST Z, � , MAGNOLu LIA`AVE 4 _ 0. :.,EMAGNOLIA'AVE -� IF Lr IF ,.» w - ,W MORPHY ST' > f —IF I 0IF _ !� w q _ _ I ME pp FELIKS GWOZDZ PL:. > d Q Q PIP Fm��l w, s _r ALL I O I i J_ .� - tt IF N ALLENPAN/ E " J'E ALLEN AVE :. - �E mil .I , W Lanca tee City of Fort Worth, Texas • • • • • DATE: Tuesday, April 16, 2019 REFERENCE NO.: **C-29097 LOG NAME: 60NEARSSMEDWSSA2-ANA SUBJECT: Authorize Execution of Amendment No. 2 in the Amount of $272,324.00 to City Secretary Contract No. 46607, an Engineering Agreement with A.N.A. Consultants, LLC, for a Revised Contract Amount of $694,189.00 for Near Southside Medical District Water and Sanitary Sewer Improvements Located on Various Streets in the Near Southside Medical District Neighborhood, Adopt Resolution Expressing Official Intent to Reimburse Expenditures and Proceeds of Future Debt and Adopt Appropriation Ordinance (COUNCIL DISTRICT 9) RECOMMENDATION: It is recommended that the City Council: 1. Adopt the Attached Resolution Expressing Official Intent to Reimburse Expenditures with Proceeds of Future Debt for the Near Southside Medical District Water and Sanitary Sewer Improvements Project; 2. Adopt the Attached Appropriation Ordinance increasing estimated receipts and appropriations in the Water and Sewer Commercial Paper Fund in the Amount of $320,324.00; and 3. Authorize the execution of Amendment No. 2 to City Secretary Contract No. 46607 an Engineering Agreement with A.N.A. Consultants, LLC, in the amount of $272,324.00 for the Near Southside Medical District Water and Sanitary Sewer Improvements Project (City Project No. 02445). DISCUSSION: On April 14, 2015, (M&C C-27261), the city Council authorized an Engineering Agreement with A.N.A. Consultants, LLC, in the amount of $107,865.00 for Near Southside Medical District Water and Sanitary Sewer Improvements Project. The agreement was subsequently revised by Amendment No. 1 in the amount of $314,000.00 authorized April 18, 2017 (M&C C-28195). The general time frame for the design and construction of all program streets is 2014-2020 based upon the following construction plan and schedule: Group A Streets (FY 14-15), Group B Streets (FY 16), Group C Streets (FY 17) and Group D Streets (FY 18). Amendment No. 2 will provide design for the replacement of the deteriorated water and/or sanitary sewer mains as indicated on the following Group C and D Streets: _.___ __ ___r ..____ ��...._ _ .. _.._______ �� _.__ _ �_ .__ _____. _... ____.__ ______ . ___..� __ ._ __, Street From �To Scope of Work Logname: 60NEARSSMEDWSSA2-ANA Page 1 of 3 Daggett Avenue South Main Street {South Calhoun Street water .. � _. __T_ _ �,. _ � a _._ . __ �� w__� � _� __ !St. Louis Avenue ;West Rosedale Street ;West Magnolia Avenue water/sewer _. _ � �. v..._ _ � __ _ .«__ . _ _. _ _. _ _. __ _—_ _-� _.___... tOak Grove Road West Rosedale Street West Magnolia Avenue sewer �SouthTAdams StreetWest Rosedale Street ;West Dashwood Street wwater ._ _.__._ w _. _-�_.,___, �_.. -T_ _ -- ___�__. _-� Washington Avenue West Rosedale Street West Dashwood Street water _ _. __ jMay Street West Rosedale Street m�West Oleander Street ,water �Enderly Place West Allen Avenue jWest Myrtle Street water j9th Avenue Pennsylvania Avenue Cooper Street wwater East Annie Street South Main Street Bryan Avenue water/sewer ;Bryan Avenue Pennsylvania Avenue East Tucker Street :water East Tucker Street South Main Street ;Bryan Avenue ,water In addition to the contract amount, $48,000.00 (Water: $32,000.00; Sewer: $16,000.00) is required for project management and material testing. MWBE Office: A.N.A. Consultants, LLC, agrees to maintain its initial SBE commitment of 13 percent that it made on the original agreement and extend and maintain that same SBE commitment of 13 percent to all prior amendments up to and inclusive of the Amendment No. 2. Therefore, A.N.A. Consultants, LLC, remains in compliance with the City's BDE Ordinance and attests to its commitment by its signature on the Acceptance of Previous SBE Commitment form executed by an authorized representative of its company. 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 FY2018-2022 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 Statements, 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 project is located in COUNCIL DISTRICT 9. FISCAL INFORMATION /CERTIFICATION: Logname: 60NEARSSMEDWSSA2-ANA Page 2 of 3 attached appropriation ordinance, funds will be available in the Water &Sewer Commercial Paper Fund for the Near Southside Medical District Water and Sanitary Sewer Project. The Water and Sewer Commercial Paper Fund includes the 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 $27,514,110.00 for future Capital Projects. Funding for the Near Southside Medical Water and Sanitary Sewer Improvements project is as depicted below: _ _m _ , - r _. _ _._.. _ ._... __ __..__. _ _ -� __ _ . __ �_ Existing Additional � --- - - __ ___ FUND � LL Appropriations Appropriations Project Total* iWater/Sewer Bond 2016 - $147,600 001 $0.00 $147,600.00 Fund 56005 _.., _ . ___. _�.__. _ . _ .._ _ _ .-. T . --- _, __- _. ----- - -_--- _._ __ -- ---- �Funtd 6011 er Bond 2017A- � $1,399,392.00` $0.00�$1,399,392.00 ,. _ _ ._, iW&S Commercial Paper - IFund 56016 � $4,188,572.00 $320,324.00 $4,508,896.00 Water Capital -Fund 59601 � $337,834.00 0.00 $337,834.00 -- -- - $ _____. ----- �!Sewer Capital Legacy -Fund � $173,955.00i $0.00 $173,955.00 59607 ;Pro ect Total ! $6 247 353.00� $320,324.00 $6,567,677.00 ___-- 1 *Amounts rounded for presentation purposes. FUND IDENTIFIERS (FIDs): TO and Department ccoun Project Program) ctivity Budget Reference # mou 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 b� Originating Department Head: Additional Information Contact: Jay Chapa (5804) Chris Harder (5020) John Kasavich (8480) Logname : 60NEARS SMED W S SA2-ANA Page 3 of 3