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HomeMy WebLinkAboutOrdinance 24467-10-2020 Ordinance No. 24467-10-2020 AN ORDINANCE INCREASING RECEIPTS AND APPROPRIATIONS IN THE COOKS LANE AND EDERVILLE ROAD INTERSECTION IMPROVEMENTS PROJECT (CITY PROJECT NO. 101868) IN THE AMOUNT OF$164,645.02 FROM AVAILABLE FUNDS IN THE TRANSPORTATION IMPACT FEE CAPITAL FUND, REDUCING THE BALANCE IN THE REVENUE-SA O-TRANS IMP FEES PROJECT(CITY PROJECT NO. UN9921) 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 Cooks Lane and Ederville Road Intersection Improvements project (City Project No. 101868) in the amount of $164,645.02 from available funds in the Transportation Impact Fee Capital Fund, reducing the balance in the REVENUE-SA O-Trans Imp Fees project(City Project No. UN9921) 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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 DBlack(Oct 23,202010:59 CDT) 'for Ronald P.Gonzales(Oct 23,202011:01 CDT) Douglas W Black Mary J. Kayser Sr.Assistant City Attorney -N of ADOPTED AND EFFECTIVE:October 20, 2020 \ : "' . ;X City of Fort Worth, Texas Mayor and Council Communication DATE: 10/20/20 M&C FILE NUMBER: M&C 20-0750 LOG NAME: 2000OKS LN AND EDERVILLE RD IMPACT FEE APPROPRIATION SUBJECT (CD 5)Authorize Use of Funds in the Amount of$538,000.00 in the Transportation Impact Fee Capital Legacy and Transportation Impact Fee Capital Funds for Cooks Lane and Ederville Road Intersection Improvements,Adopt Appropriation Ordinance and Update the FY2021-2025 Capital Improvement Plan(2018 Bond Program) RECOMMENDATION: It is recommended that the City Council: 1. Authorize Use of Funds in the Amount of$538,000.00 in the Transportation Impact Fee Capital Legacy and Transportation Impact Fee Capital Funds for Cooks Lane and Ederville Road Intersection Improvements; 2. Adopt the attached appropriation ordinance increasing receipts and appropriations in the Cooks Lane and Ederville Road Intersection Improvements project(City Project No. 101868)in the amount of$164,645.02 from available funds in the Transportation Impact Fee Capital Fund, reducing the balance in the REVENUE-SA O-Trans Imp Fees project(City Project No. UN9921)by the same amount;and 3. Adopt the attached appropriation ordinance increasing receipts and appropriations in the Cooks Lane and Ederville Road Intersection Improvements project(City Project No. 101868)in the amount of$373,354.98 from available funds in the Transportation Impact Fee Capital Legacy Fund, reducing the balance in the REVENUE-SA O-Trans Imp Fees project(City Project No.UN9921)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 Cooks Lane and Ederville Intersection Improvements project(City Project No. 101868)and to update the FY2021-2025 Capital Improvement Plan(CIP). The Cooks Lane and Ederville Road intersection is currently a four-way stop intersection.The proposed project will fully signalize the intersection, modify the existing medians to provide better sightlines for the left turn lanes and provide Americans with Disabilities Act(ADA)conforming controlled crosswalks. 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 project is located within Transportation Impact Fee Service Area O and was identified as an impact fee eligible project in the most recent transportation impact fee study. The requested impact fee funds will provide the funds needed to complete the project.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 $582.000.00 $0.00 $582,000.00 39008-Transportation Impact Fee Capital Legacy $0.00 $373,354.98 $373,354.98 Fund 30108-Transportation Impact Fee Capital Fund $0.00 $164,645.02 $206,645.02 (Project Total I $582,000.00I $538,000.001 $1,120,000.001 The Cooks and Ederville Intersection project is in COUNCIL DISTRICT 5. 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 O-Transp Imp Fees project within the Transportation Impact Fee Cap and Trans Impact Fee Cap Legacy Funds and upon approval of the above recommendations and adoption of the attached appropriation ordinances,funds will be available in the Transportation Impact Fee Cap and Trans Impact Fee Cap Legacy Funds for the Cooks and Ederville Signal Imp 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