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HomeMy WebLinkAboutOrdinance 17574-05-2007Ordinance No. 17574-05-2007 AN ORDINANCE INCREASING ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE 2007 CRITICAL CAPITAL PROJECTS FUND IN THE AMOUNT OF $795,247 FROM AVAILABLE FUNDS, FOR THE PURPOSE OF EXECUTING AMENDMENT NO. 1 TO (CITY SECRETARY CONTRACT NO. 33444 WITH KELLER INDEPENDENT SCHOOL DISTRICT) COMMUNITY FACILITIES AGREEMENT, FOR IMPROVEMENT TO KELLER-HICKS ROAD; PROVIDING FOR A SEVERABILITY CLAUSE; MAKING THIS ORDINANCE CUMULATIVE OF PRIOR 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 2006- 2007 in the Budget of the City Manager, there shall also be increased estimated receipts and appropriations in the 2007 Critical Capital Projects Fund in the amount of $795,247 from available funds for the purpose of executing Amendment No. 1 to City Secretary Contract No. 33444 (Community Facilities Agreement with Keller Independent School District) for improvements to Keller-Hicks Road. 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. 17142 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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 ADOPTED AND EFFECTIVE: May 29, 2007 This ordinance shall take effect upon adoption. City of Fort VI/orth, Texas Mayor and Council Communication COUNCIL ACTION: Approved on 5/29/2007 -Ordinance No. 17574-05-2007 DATE: Tuesday, May 29, 2007 LOG NAME: 20KELLER-HICKS REFERENCE NO.: C-22152 SUBJECT: Authorize Execution of Amendment No. 1 to Community Facilities Agreement with Keller Independent School District for Improvements to Keller-Hicks Road and Adopt Appropriation Ordinance RECOMMENDATION: It is recommended that the City Council: 1. Authorize the City Manager to execute Amendment No. 1 to Community Facilities Agreement, City Secretary Contract No. 33444, with the Keller Independent School District for improvements to Keller-Hicks Road to include estimated City participation costs of $1,071,577; 2. Authorize the City Manager to accept $1,210,629 from the Keller Independent School District for improvements to Keller-Hicks Road; and 3. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the 2007 Critical Capital Projects Fund by $795,247. DISCUSSION: On April 24, 2006, the City executed a Community Facilities Agreement (CS 33444) with Keller Independent School District (KISD) for the construction of three lanes of an ultimate five-lane roadway in front of its new intermediate and middle schools from just west of Ridgeview Circle to Alta Vista Road. On January 9, 2007, (M&C G-15571) the City Council authorized the sale of $42,325,000 Certificates of Obligation for the purpose of funding part of the Critical Capital Needs Program. That amount included $1,200,000 to supplement the KISD project and provide for the construction of the ultimate five-lane section as a single project. The estimated total construction cost for the five-lane project is $2,282,206. The subject amendment calls for $1,210,629 participation from KISD, which is the estimated cost for the three-lane section that it previously agreed to build, and $1,071,577 City participation. KISD has already constructed drainage improvements in the amount of $415,382 and the City will collect $795,247 from KISD prior to the date the City issues notice to proceed on the street construction. Transportation and Public Works is responsible for the collection and deposit of these funds. FISCAL INFORMATION/CERTIFICATION: The Finance Director certifies that upon approval of the above recommendations and adoption of the attached appropriation ordinance, funds will be available in the current capital budget, as appropriated, of Logname: 20KELLER-HICKS Page 1 of 2 the 2007 Critical Capital Projects Fund. TO Fund/Account/Centers FROM Fund/Account/Centers C295 488100 202230065383 $795,247.00 C295 541200 200230065383 $795,247.00 Submitted for City Manager's Office b~ Marc Ott (8476) Originating_Department Head: Robert Goode (7913) Additional Information Contact: Tom Leuschen (2442) Logname: 20KELLER-HICKS Page 2 of 2