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HomeMy WebLinkAboutOrdinance 24465-10-2020 Ordinance No. 24465-10-2020 AN ORDINANCE INCREASING RECEIPTS AND APPROPRIATIONS IN THE ALTAMESA BLVD AND CROWLEY RD INTERSECTION IMPROVEMENTS PROJECT (CITY PROJECT NO. 101579) IN THE AMOUNT OF$458,000.00 FROM AVAILABLE FUNDS IN THE TRANSPORTATION IMPACT FEE CAPITAL FUND, REDUCING THE BALANCE IN THE REVENUE-SERVICE AREA X TRANSPORTATION IMPACT FEES PROJECT(CITY PROJECT NO. UN9926) 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 receipts and appropriations in the Altamesa Blvd and Crowley Rd Intersection Improvements project (City Project No. 101579) in the amount of$458,000.00 from available funds in the Transportation Impact Fee Capital Fund, reducing the balance in the Revenue- Service Area X Transportation Impact Fees project(City Project No. UN9926)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 cumulative of Ordinance 24446-09-2020 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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 Mack(Oct 23,2020 10:59 CDT) 'for Ronald P.Gonzales(Oct 23,202011:01 CDT) Douglas W Black Mary J. Kayser Sr.Assistant City Attorney y OF"FRT ADOPTED AND EFFECTIVE:October 20, 2020 � .•' V` .1.:O * 70 S City of Fort Worth, Texas Mayor and Council Communication DATE: 10/20/20 M&C FILE NUMBER: M&C 20-0748 LOG NAME: 20ALTAMESA BLVD AND CROWLEY RD IMPACT FEE APPROPRIATION SUBJECT (CD 8)Authorize the Use of Funds within the Transportation Impact Fee Capital Legacy Fund and the Transportation Impact Fee Capital Fund in the Amount of$917,000.00 for the Altamesa Blvd and Crowley Rd Intersection Improvements,Adopt Appropriation Ordinances and Update the FY2021-2025 Capital Improvement Plan(2018 Bond Program) RECOMMENDATION: It is recommended that the City Council: 1. Authorize the Use of Funds within the Transportation Impact Fee Capital Legacy Fund and the Transportation Impact Fee Capital Fund in the Amount of$917,000.00 for the Altamesa Blvd and Crowley Rd Intersection Improvements; 2. Adopt the attached appropriation ordinance increasing receipts and appropriations in the Altamesa Blvd and Crowley Rd Intersection Improvements project(City Project No. 101579)in the amount of$458,000.00 from available funds in the Transportation Impact Fee Capital Fund,reducing the balance in the Revenue-Service Area X Transportation Impact Fees project(City Project No.UN9926)by the same amount;and 3. Adopt the attached appropriation ordinance increasing receipts and appropriations in the Altamesa Blvd and Crowley Rd Intersection Improvements project in the amount of$458,000.00 from available funds in the Transportation Impact Fee Capital Legacy Fund,reducing the balance in the Revenue-Service Area Y Transportation Impact Fees project(City Project No. UN9927)by the same amount. DISCUSSION: The purpose of this Mayor and Council Communication(M&C)is to authorize the use of funds and adopt the attached appropriation ordinances to supplement existing funding in the Altamesa Blvd and Crowley Rd Intersection project(City Project No. 101579)with additional Transportation Impact Fee Funds and to update the FY2021-2025 Capital Improvement Plan(CIP). The proposed project will enhance the safety of the existing intersection of Altamesa Blvd and Crowley Road by constructing new left turn lanes for Altamesa eastbound and Crowley Road northbound traffic and upgrading signals at the intersection. This project is located within the Transportation Impact Fee Service Areas X/Y and was identified as impact fee eligible in the most recent transportation impact fee study.The additional impact fee funding will supplement existing funding for the project to be completed. 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. 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: Fund Existing Additional Project Total Appropriations Appropriations 34018-2018 Bond Program $570,000.00 $0.00 $570,000.00 30108-Transportation Impact Fee Capital Fund $0.00 $458,500.00 $458,500.00 39008-Transportation Impact Fee Capital $0.00 $458,500.00 $458,500.00 Legacy Fund Project Total $570,000.00 $917,000.00 $1,487,000.00 The Altamesa and Crowley project is in COUNCIL DISTRICT 8. 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 funds are currently available in the REVENUE-SA X-Transp Imp Fees project within the Transportation Impact Fee Cap Fund and REVENUE-SA Y-Transp Imp Fees project within the Trans Impact Fee Cap Legacy Fund and upon approval of the above recommendations and adoption of the attached appropriation ordinances,funds will be available in the Transportation Impact Fee Cap Fund and Trans Impact Fee Cap Legacy Fund for the Alta Mesa Blvd & Crowley Rd project. Prior to an expenditure being incurred, the Transportation&Public Works Department has the responsibility of verifying the availability of funds. Submitted for City Manager's Office by: Dana Burghdoff 8018 Originating Business Unit Head: William Johnson 7801 Additional Information Contact: Monty Hall 8662