HomeMy WebLinkAboutOrdinance 7868 {
ORDINANCE NO. /> V
AN ORDINANCE AUTHORIZING AND DIRECTING EXECUTION
OF AN AMENDMENT TO THE "CONTRACT BETWEEN TARRANT
COUNTY WATER CONTROL AND IMPROVEMENT DISTRICT
NUMBER ONE AND THE CITY OF FORT WORTH RELATING
TO: CONSTRUCTION OF CEDAR CREEK DAM, RESERVIOR,
PIPELINE AND OTHER FACILITIES, AND TO THE SUPPLYING
OF RAW WATER THEREFROM TO THE CITY OF FORT WORTH";
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 the Mayor of the City of Fort Worth is hereby
authorized and directed, for and on behalf of the City, to
execute an Amendment to the "Contract between Tarrant County
Water Control and Improvement District Number One and the City
of Fort Worth Relating to: Construction of Cedar Creek Dam,
Reservior, Pipeline and other Facilities, and to the Supplying
of Raw Water therefrom to the City of Fort Worth" (identified
as City Secretary Contract No. 4200, as amended, on file in the
office of the City Secretary of the City of Fort Worth) in sub-
stantially the form and substance attached hereto and made a
part hereof for all purposes.
SECTION 2.
That, upon its execution, said Amendment shall be
binding upon the City and the District for all purposes.
SECTION 3.
Should any part, portion, section or part of a section
of this ordinance be declared invalid or inoperative or void for
any reason by a court of competent jurisdicition, such decision,
opinion or judgment shall in no way affect the remaining portions,
parts, sections or parts of sections of this ordinance, which
provisions shall be, remain and continue to be in full force and
effect.
SECTION 4.
That this ordinance shall be and is hereby declared
to be cumulative of the provisions of all prior ordinances of
the City of Fort Worth and amendments thereto, except in those
instances where the provisions of this ordinance are in direct
conflict with such prior ordinances, in which instances said
conflicting provisions of such prior ordinances are hereby
repealed.
SECTION S.
That this ordinance shall take effect and be in full
force and effect from and after the date of its passage, and it
is so ordained.
APPROVED AS TO FORM AND LEGALITY:
City Att rney
ADOPTED-
EFFECTIVE•
-2-
v
City of Fort 'Worth, Texas
d BICARDI Mayor and Council Communication
ERCHERT
AILIfF DATE REFERENCE SUBJkCT: Authorization for Execution PAGE
NUMBER of Amendatory Water Supply Contract 1
WITH 1/9/79 C-4485 Between TCWCID #1 and City of Fort Worth for
Due to area growth there is an increasing demand for delivery of water from
ICON the Cedar Creek Reservoir to supply Fort Worth and our customer cities,
Arlington and the Trinity River Authority's customer cities in Tarrant County.
To meet this demand it is necessary that the Tarrant County Water Control and
Improvement District No. 1 proceed with the construction of additional pumping
facilities on the Cedar Creek pipeline system. The present pump stations will
deliver 80 million gallons per day, but it is essential that two additional
pump stations and ground storage units be built and equipped to deliver
160 MGD to meet anticipated requirements in the near future. It is estimated
that the cost of all of the improvements, including engineering, equipment
and construction, will not exceed $10,000,000.
The Tarrant County Water Control and Improvement District No. 1 proposes to
finance these improvements through the issuance of revenue bonds, which will
require the establishment of reserve funds to insure timely payment of
principal and interest on presently outstanding bonds as well as the proposed
additional bonds. An amendatory contract between the City and the TCWCID #1
relating to the treatment of these reserves and their impact on the City's cost
of water is necessary before revenue bonds can be marketed. The City Attorney
has reviewed and approved as to form and legality the proposed amendment and
has prepared an ordinance authorizing and directing the Mayor to execute the
proposed amendment.
Recommendation
It is recommended that an ordinance be adopted authorizing and directing the
Mayor to execute an amendment to City Secretary Contract No. 4200, as amended,
styled the "Contract between Tarrant County Water Control and Improvement
District No. 1 and City of Fort Worth Relating to: Construction of Cedar Creek
Dam, Reservoir, Pipeline and other facilities, and to the Supplying of Raw
Water therefrom to the City of Fort Worth"; and enabling the establishment of
appropriate reserve funds as required to allow the District to issue revenue
bonds in a value not to exceed $10,000,000 to be used to increase the pipeline
supply capability from Cedar Creek Reservoir from 80 MGD to 160 MGD.
MCM:ms
SUBMITTED BY: DISPOSITIQI(BY COUNCIL: PROCESSED BY
®�o'ff�APPROVED OTHER (DESCRIBE)) � �
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ADOPTED E?� t g�b,yo�� .:,rf` Cr SECRETARY
DATE
CITY MANAGER I / / d-7 9