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HomeMy WebLinkAboutOrdinance 24464-10-2020 Ordinance No. 24464-10-2020 AN ORDINANCE INCREASING RECEIPTS AND APPROPRIATIONS IN THE BEACH STREET AND BASSWOOD BOULEVARD INTERSECTION IMPROVEMENTS PROJECT (CITY PROJECT NO. 101582) IN THE AMOUNT OF $350,000.00 FROM AVAILABLE FUNDS WITHIN THE TRANSPORTATION IMPACT FEE CAPITAL FUND, REDUCING THE BALANCE IN THE SERVICE AREA F PROJECT (CITY PROJECT NO. UN9916) BY THE SAME AMOUNT; 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 2020-2021 in the Budget of the City Manager,there shall also be increased estimated receipts and appropriations in the Beach Street And Basswood Boulevard Intersection Improvements Project (City Project 101582) in the amount of $350,000.00 from available funds within the Transportation Impact Fee Capital Fund, reducing the balance in the Service Area F Project(City Project No. UN9916)by the same amount. 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 incorporated into the ordinance effecting the budget of the municipal government of the City of Fort Worth for the ensuing Fiscal Year beginning October 1, 2020, and ending September 30, 2021, 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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 W*1 7�1-i r2Y F CO Mack J0023,202010:59T) 'for Ronald P.Gonzales(Oct 23,202011:01 CDT) Douglas W Black Mary J. Kayser Sr.Assistant City Attorney ADOPTED AND EFFECTIVE:October 20,2020 F .....RTC U *,,, i 4 -uw 4• '`t er - #.`_y, r '� �a to -v- }€. i.V. y t. a16. ,4 �; �" Y. i^..�„•wi! 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FORT• • f lyl CPN 101582 + Beach Street & Basswood Blvd. 1 :1• This prod ct i for informational purposes and may not have been prepared for or be Mobility Infrastructure I • • Traffic signal modifications, dual left turn lanes northbound, responsibility for the accuracy of said data, NCTCOG ORTHOPHOTOGRAPHY • secondary left turn lanes west- and eastbound e 0. Miles City of Fort Worth,Texas Mayor and Council Communication DATE: 10/20/20 M&C FILE NUMBER: M&C 20-0734 LOG NAME: 20BEACH ST AT BASSWOOD BLVD IMPACT FEE APPROPRIATION SUBJECT (CD 4)Authorize the Use of Transportation Impact Fee Captial Funds in the Amount of$700,000.00 for the Beach Street and Basswood Boulevard Intersection Improvements,Adopt Appropriation Ordinances,and Update the FY2021-2025 Capital Improvement Plan(2018 Bond Program) RECOMMENDATION: It is recommended that the City Council authorize: 1.Adopt the attached appropriation ordinance increasing receipts and appropriations in the Beach Street and Basswood Boulevard Intersection Improvements Project(City Project 101582)in the amount of$350,000.00 from available funds within the Transportation Impact Fee Capital Fund, reducing the balance in the Service Area D project(City Project No.UN9914)by the same amount;and 2.Adopt the attached appropriation ordinance increasing receipts and appropriations in the Beach Street and Basswood Boulevard Intersection Improvements Project(City Project 101582)in the amount of$350,000.00 from available funds within the Transportation Impact Fee Capital Fund, reducing the balance in the Service Area F project(City Project No.UN9916)by the same amount. DISCUSSION: The purpose of this Mayor and Council Communication(M&C)is to adopt the attached appropriation ordinances to supplement existing funding for the Beach Street and Basswood Boulevard Project(City Project No.101582)and to update the FY 2021-2025 Capital Improvement Plan (CIP). The proposed project will improve the performance of the intersection. Upgrading traffic signals and modifying the left turn lanes to improve vehicle capacity will enhance the level of service and sight distance at the intersection.The limits of the project is approximately 400 feet in every direction from the intersection of Beach Street and Basswood Boulevard. This project is included in the 2018 Bond Program. Available resources within the General Fund will be used to provide interim financing until debt is issued. Once debt associated with the project is sold,bond proceeds will reimburse the General Fund in accordance with the statement expressing official Intent to Reimburse that was adopted as part of the ordinance canvassing the bond election(Ordinance No.23209-05-2018) and subsequent actions taken by the Mayor and Council. The preliminary cost estimate for the Beach Street and Basswood Boulevard project is$2,500,000.00,with 2018 Bond Program funding previously appropriated in the amount of$1,720,000.00. The project is located within Transportation Impact Fee Service Areas D&F and is identified as an impact fee eligible project in the most recent transportation impact fee study. The requested impact fee funding will cover the current budget gap due in the project. After final payment on the construction contract and completion of the project,any residual funding will be reprogrammed to other eligible projects. Funding for this project was included in the FY2021-2025 Capital Improvement Plan in the amount of$1,720,000.00. Additional funding in the amount of$700,000.00 is needed due to original budget shortfall. The action in this M&C will update the FY2021-2025 Capital Improvement Plan. Transportation Impact Fee Funding for this project was not included in the FY2021-2025 Capital Improvement Plan.Due to a mid-year focus to program and spend available and eligible Transportation Impact Fees,the action in this M&C will update the FY2021-2025 Capital Improvement Plan. The following table demonstrates the funding history for the project: Funding History Summary Fund Existing Additional project Total M&C No. Appropriations Appropriations 34018 -2018 Bond $1,720,000.00 $0.00 $1,720,000.00G-19306 Program 30108 -Transportation $0.00 $700,000.00 $700,000.00 This M&C Impact Fee Capital Fund Project Total $1,720,000.00 $700,000.00 $2,420,000.00 The Beach Street and Basswood Boulevard project is in COUNCIL DISTRICT 4. A Form 1295 is not required because:This M&C does not request approval of a contract with a business entity. FISCAL INFORMATION/CERTIFICATION: The Director of Finance certifies that upon approval of the above recommendation and adoption of the attached appropriation ordinance,funds will be available in the Transportation Impact Fee Capital(Trans Impact Fee Cap)Fund for the Beach Street and Basswood Boulevard project. Prior to an expenditure being incurred,the Transportation&Public Works Department has the responsibility of verifying the availability of funds. Submitted for Cily Manager's Office by: Dana Burghdoff 8018 Oria ni ating_Business Unit Head: William Johnson 7801 Additional Information Contact: Monte Hall 8662 Lissette Acevedo 2722