Loading...
HomeMy WebLinkAboutOrdinance 23583-03-2019 ORDINANCE NO. 23583-03-2019 AN ORDINANCE INCREASING ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE WATER AND SEWER COMMERCIAL PAPER FUND, FROM AVAILABLE FUNDS IN THE AMOUNT OF $8,403,638.00, FOR THE PURPOSE OF FUNDING THE WASTEWATER DIVERSION FROM EAST OF EAGLE MOUNTAIN LAKE DRAINAGE BASIN TO BIG FOSSIL CREEK DRAINAGE BASIN PROJECT; PROVIDING FOR A SEVERABILITY CLAUSE; MAKING THIS ORDINANCE CUSMULATIVE OF PRIOR ORDINANCES; REPEALING ALL ORDINANCES IN CONFLICT HEREWITH; AND PROVIDING AN EFFECSTIVE 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$8,403,638.00,from available funds, for the Wastewater Diversion from East of Eagle Mountain Lake Drainage Basin to Big Fossil Creek Drainage Basin Project. SECTION 2. That should any portion, section or part of a section of this ordinance be declared invalid, inoperative or void for any reason by a court of competent jurisdiction, such decision, opinion or judgment shall in no way impair the remaining portions, sections, or parts of sections of this ordinance, which said remaining provisions shall be and remain in full force and effect. SECTION 3. That this ordinance shall be cumulative of Ordinance 23392-09-2018 and all other ordinances and appropriations amending the same except in those instances where the provisions of this ordinance are in direct conflict with such other ordinances and appropriations, in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed. SECTION 4. This ordinance shall take effect upon adoption. APPROVED AS TO FORM AND LEGALITY: CITY SECRETARY Douglas Blac Ma J. Kayse Sr Assistant City Attorney ADOPTED AND EFFECTIVE: March 5, 2019 (� I �� .fi ♦ y '�.�r<Siiitti • y&,,�'pfN,c.,}'��' wr^Y a .�A��iik �� a uY.x • i�/� q'�Ityti s-..�`s� Z Sg 1.. � \p\utYYrf:._Y • � �� �,: r^ ^n � id .s«, .A► i7•i T V it V � �+���tdif uu .. _I_ !. _ 't �nji.� ,�+k'+ Y b A y a�y \n� 1y'si. h�..`��ti`����aifi i `a • • ' i�i LA ra LIFT STATION PERM -nv ANN 5* ♦ .Cd�� >� w m id+ed3"f� lit b It j �, •i+, �.�x�i 1ri 7 tY •7fi -Ylir - . �i\i .}a',,c't'A`"L!i�r�,,+n .r;yi J`'y���b�. iit4,� �M .r,� .S ri a • i i'.tl - \�\ '`ip� /•,'r��y a 8a`t b"c ice•s^w �rR♦ r Ff y,. � . �y lit : \rla,.. tiv �. xx •ixx�'�i&iF � •.Yn..rr.i i �<<ax � _. ...i h Y fi. ee Yz tic 7ti A `^��y. f'r v.�$a�,aMj g-y*4'�bN 46\r\'}'��YF�ID+lrtit I;,1Y6s`1 f•ti:�' - .YeuuutriiiY6 4 ._ � ie •_. ." Itti iti t. t5N 7 tHitlx yV rt7 Pa�,�4 F�A�^i iaA����K WA'� yl�f►� r.l•i.e.iur wilcu.liarb a�•eru..uY i\rti ki ol Y"tt���Mpt�'�a.y#+.�'����� Ii 7" • -• � aYu.tueaY- tYi.f7frr wl•9 iti.r fY'li't E. .. /�?�Nii�' y�d w 4��Fi''rj'3.. �! i..6 tSiNili: � - i+Yr„ "c� ♦�. _ _ �• .�f+Q'ajy� �''/' �,/�. « �*�\, �. � tlllilllllAYf 5 h4, _ ___ 3 �Y: ii^ .AYiI tifli It`M4a iwi4f7d �.i, be+3 • �r' 'i z� >y+`iC �.n niti In�C°�.t��_- _ '�� �g / ��w -'P���iftj ..!�1'li��■���l�d���V +na f '�"'� Alrt 1���pq� --�.... - ���„¢ � x\ s •r' 7 A4 "•' - Slp itifipn i a5lanaltl,e 1 a s01�'�"•"-�av'•'3j �'we�o o ��c�i�i�A°�K,c'yV�1d+Jif•^ 4`t ���ifi: e41t � �+d�rGl'y�c°:a i`�v�'�• r - ' -y���1�`r♦t�t y��r i���fti`� � nmsnifun • s..;-: *fib,5�1L'�'3 `4`ti'i^� r' f 1 "� o =_ • +�'.•.'� �' ' '� /1*` /`f\�Io11a Z -111t'Itlr - i : • � i =�`� `p�`it``A►ea-=� • � � ��111i1< i Il���r!��i Y��l��E_�6�i M..� • * anf •t�S 1AAAA�iIF� � ii a uUlrI mg - sit— S __ Af7iA r: �AS•7ftt}t1•MRa — �.)� ifun4�1f0.111410141ae., =91111!! 'fll ii Ilc It1 1 t7)ilO1Rl/tt— --.:.r.`.,. =a11tA1w�AI • 1 • • .�Ii I�S' ��•i yiY.�fl� _ N�,�}yYt�.ii f........t. _I T ``... .�� ��� }Ilri11W�re�• -�ii'C" � :.n�; ;ilia .�• ��yli.��.�tl ►#Y#flaa ' j �111 f rt •. w • lfdlerlilt f£IIiJ afu! 4 up. _' ' '..f eF•L a lilt F ��9i 14 t.E4 a tP 'd�.-.*�liiK)IlYi411 i•�- ..� .�sa�fe�as.�sw ! t��r ��'+j -r'""S+• '�YTi�t�.>. .ati _ 1�.. �'a= ����i��RA� IIIIIIIIIII L i N i+ •. 2 �•' �f) didi J't. ... �'4- !'[f,d.lil/�4tlllif l{3 13171\ !II/ '� r•w� lt.1d U �Y" i 1 Ell owl now 40 .,4 ttitli' a .54!a:ttr rlat �'•Y 1 .N nill c f. w F iltYlr*Ly..iid:r.Lt:1_p�,'"t��.� � +-�4 t -.,YT � �• 1 +13. f�iAi':. � 5 • �E>♦f 5f 34» FwY.Y e}�,�3 � �- df//ilirlli IN • ' i G ie1Y 'ryn 1 ifl'.fi-YA etLe+ s_y ,+t..:1 tiltr�� X7 `afr?►�� .�.Y 4\- 4 G4Y1Yi1 YY[.. alttal. ��`..-,*'jh4 rtr3flSi!G»t FIIFY. •"P,� � �k��jy� t ���l£If1Ifl1LM7'IwiSd7. Hf J ` F'yy y� � I �df/ ++ •j A+' fiSlltlii#.- s 4tt1 !# 1 -"' , .+ � - !t • ��i�G�'w'rt i�l iPYUY:lii v Fi,�F7d{Y �Y It3£3 1111111 • L111'Q7i'A1S4eiJl,Ll N.i.1 /) tf adtRa!/!ilCIYIIIilYil! t✓1ol44'�+1.Y�t;t�1,1.t.y ai°tr ef.`IFmo,y � ,�• �v �,�•!,�•f /flaKfiitfl • t +k • F17Yl d at£ff /tic11/t111 t4l ;f.RS .�i�YCi l �t �+y Fj'!!YYff9t 11/I11;I'illtll lay- i Ai!*lIYRY#IaM OJ` t$ f��,A � _�� +'y� r�� IId11tIiIfYi1`ti aNt"rFTaaii!- >`!� 'la !7 r♦!" • M..��>•t� � R1R'+{ttl57la ��fI c 1 k-Ylbd i df i iFtt+'Q� � \\°\ n �., , � r al dA1'a�3� i:. • i'�ii/Wiati ef�+lf.7t . 81A711911Y1tgi itJFi!'D{� + -�s. '�/U'Pt!.: 1 re .9l/!*sYlaalY y'• tYf� YI+.iGi!!a/faaY.a.e;f!' ` f1dlll Yt111lilli !llll71.YY117J'Ik ,,"F�t!(fft�'�d11it.`R frf ' vfFilt/lY:i!*Enls,lws���iaaY. +1 -- IatiietG7l♦1y'Jilj' \Ittl� t�!/al1M GdFaG3EiLF{!lm _ wafaly;,V.RE,.6 s'15 «.I► i V �tfiSM9W/ifit� a' lo.ii we / wafl EYI"� ♦ x/flli; _ ky shyy w�.,, #' '>Nilf/IafyilN+biFflt.11' * G wed•+' wt� �iliYY11S M itW/1/rH!!N •p1:1; :M f �loua «1/o City of Fort Worth, Texas Mayor and Council Communication COUNCIL ACTION: Approved on 3/5/2019 - Ordinance No. 23583-03-2019 & Resolution No. 5063-03-2019 DATE: Tuesday, March 5, 2019 REFERENCE NO.: **C-29052 LOG NAME: 60WWDIVERSION-MOUNTAINC SUBJECT: Authorize Execution of a Contract with Mountain Cascade of Texas, LLC, in the Amount of$7,497,947.00 for the Wastewater Diversion from East of Eagle Mountain Lake Drainage Basin to Big Fossil Creek Drainage Basin Project, Provide for Project Costs for a Project Total in the Amount of$9,774,000.00, Adopt Resolution Expressing Official Intent to Reimburse Expenditures with Proceeds of Future Debt and Adopt Appropriation 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 Proceeds of Future Debt for the Wastewater Diversion from East of Eagle Mountain Lake Drainage Basin to Big Fossil Creek Drainage Basin Project; and 2. Adopt the attached Appropriation Ordinance increasing estimated receipts and appropriations in the Water and Sewer Commercial Paper Fund in the amount of$8,403,638.00 for the Wastewater Diversion from East of Eagle Mountain Lake Drainage Basin to Big Fossil Creek Drainage Basin Project; and 3. Authorize the execution of a contract with Mountain Cascade of Texas, LLC, in the amount of $7,497,947.00 for Wastewater Diversion from East of Eagle Mountain Lake Drainage Basin to Big Fossil Creek Drainage Basin (City Project No. C01309). DISCUSSION: This Mayor and Council Communication provides for the construction of the Wastewater Diversion from East of Eagle Mountain Lake Drainage Basin to Big Fossil Creek Drainage Basin project. The project was advertised for bid on December 20, 2018 and December 27, 2018 in the Fort Worth Star- Telegram. On January 24, 2019 the following bids were received: BIDDER MOUNT TIME OF COMPETION� Mountain Cascade of Texas, LLC $7;497,947.00 280 Calendar Days S. J. Louis Construction of Texas, Ltd. $8,396,040.60 Bar Constructors Inc. $8,498,903.00 Condie Construction Company $8,506,369.00 Thalle Construction Co., LLC $8,993,415.50 Logname: 60WWDIVERSI0N-M0UNTAINC Page 1 of 3 ` ' ;Jackson Construction, Ltd. '$9,856,695.00 Ark Contracting SerV|CeS' LUC i$10108.260.00 | In addition to the contract cost, $680.753.00 is required for project nnanagennent, inspection and nnoteha| testing and $224.03O.00ie provided for project condngency. This project ieandcipabadtobeinc|udedinafutunsrevenuebondieeueforthe\8/abarandSevverFund. Available cash within the Water and Sewer portfolio and the City'e portfolio along with the appropriation authority authorized under the Callable Commercial Paper Program (CP) will be used to provide interim financing for this project unb/ dettieiseued. Totheextentnaeourceootherthanthe \8/aterondSevver 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 annuo||v\. Should the Cib/'e portfolio not support the liquidity needed to provide an interim short- term financing eource, another funding source will be naquinad, 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 ieoo|d. bondproceedevxi|} beuoedtona/nnburoethe \8/oterond 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, vvithfunding identified through the CID 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 beissued 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 bondo, but preserves the ability to reimburse the City from tax-exempt bond proceeds. Construction of the project is anticipated to commence in March, 2010 and be completed by February, 2O2O. This project ieportoftheVVaterOeportment'e8onitory8evxerC>verOow |niUoUveProQram. Thie project will have no impact on the Water Department's Operating Budget when complete. MIWBE Office— Mountain Cascade of Texas is in compliance with the City's BDE Ordinance by committing to 896 MBE participation on this project. The City'e MBE goal on this project is 796. The projectie |ocotedinCC>UNC|LO|STR|CT82and7. CERTIFICATION:FISCAL INFORMATION / The Director of Finance certifies that upon approval of the above recommendations and adoption of the attached appropriation ordinance, funds will be available in Water& Sewer Commercial Paper Fund for the Wastewater Diversion from East ofEagle Mountain Lake Drainage Basin to Big Fossil Creek Drainage Basin. The Water and Sewer Commercial Paper Fund includes authority of$150.000.000.00 for the purpose of providing inbahnl funding for Water and Sewer Capital Projects. After this tnanefer, the balance will be $O7.212.101.00 for future capital projects. Funding for the Wastewater Diversion from East ofEagle Mountain Lake Drainage Basin to Big Fossil Creek Drainage Basin project is as depicted below: iti FUND |----'g |' '----- 'Project Total* Appropriations Appropriations | Water & Sewer Bond 2017A - ~ |FUD� ���11 | �1 1�� 1�� �� �� 1�� 1�� | | ' ' � | ~ ��� ^� ` ' ��� [-----------'------------'-- --- ----'-F-'-------------------------r-----------| { (Water Capital - Fund 59601 $5,207.00( $0.00 1 $5,207.00 Sewer Capital Legacy - Fund 59607 $232,000.00 $0.00 1 $232,000.00 W&S Commercial Paper - $0.00 $8,403,638.00 $8,403,638.00 Fund 56016 Project Total F-$1,370,362.001 $8,403,638.00 $9,774,000.00 * Numbers rounded for presentation. 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: Lawrence Hamilton (2626) Logname: 60WWDIVERSION-MOLTNTAINC Page 3 of 3