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HomeMy WebLinkAboutOrdinance 17835-10-2007Ordinance No. 17835-10-2007 AN ORDINANCE INCREASING ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE FUTURE IMPROVEMENTS PROJECTS OF THE SPECIAL ASSESSMENTS FUND IN THE AMOUNT OF $321,493 FROM CONTRIBUTIONS FOR THE PURPOSE OF TRANSFERRING SAID FUNDS TO SPECIALLY FUNDED CAPITAL PROJECTS FUND; 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 2007- 2008 in the Budget of the City Manager, there shall also be increased estimated receipts and appropriations in the Future Improvements Projects of the Special Assessments Fund in the amount of $321,493 from contributions for the purpose of transferring said funds to the Specially Funded Capital Projects Fund. 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. 17749 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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. APPRO ED S TO F A EGALITY: Assis City o~n y ADOPTED AND EFFECTIVE: October 16, 2007 Cif ®f F® !~/or#h, Texas Mayor and Council Communication COUNCIL ACTION: Approved on 10/16/2007 -Ord. No.# 17834-1.0-2007, 17835-10-2007 & 17836-10-2007 DATE: Tuesday, October 16, 2007 LOG NAME: 201NTL/DENTON REFERENCE NO.: **C-22445 SUBJECT: Authorize Execution of an Interlocal Agreement with Denton County for the Replacement of the Litsey Road Bridge over Henrietta Creek and Related Interim Roadway Improvements (City Project #00909), Authorize Transfer of Funds, Adopt of Appropriation Ordinances, and Accept Funds from Denton County RECOMMENDATION: It is recommended that the City Council: 1. Authorize the transfer of $1,830,000 from General Fund to the Specially Funded Capital Projects Fund, from available funds; 2. Adopt the attached appropriation ordinance increasing the estimated receipts and appropriations by $3,660,000 in the Specially Funded Capital Projects Fund, to fund capital projects as approved in the FY 07-08 budget; 3. Adopt the attached appropriation ordinance increasing the estimated receipts and appropriations by 321,493 in the Future Improvements Project of the Special Assessments Fund; 4. Approve the transfer of $321,493 from the Special Assessments fund to the Specially Funded Capital Projects; 5. Authorize the City Manager to accept $1,142,000 from Denton County for roadway improvements to Litsey Road; 6. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the Specially Funded Capital Projects Fund in the amount of $1,463,493 from contributions; and 7. Authorize the City Manager to execute an Interlocal Agreement with Denton County for the replacement of the Litsey Road Bridge over Henrietta Creek and related interim roadway improvements for a total City participation not to exceed $941,000 (except for costs for management and contingencies). DISCUSSION: During the formulation of the 07-08 Budget, $3.66 million was earmarked as funding for capital projects. Also at this time, because $1.83 million of the $3.66 million was budgeted in the FY 07-08 Operating Budget, staff recommends the transfer of $1.83 million from the Operating Budget to the Specially Funded Capital Projects Fund to combine both funding sources in one fund for more precise recording of expenditures and revenues. Logname: 20INTL/DENTON Page 1 of 2 Staff proposes to fund $500,000 of this project with that funding source, as plans were to recommend it for inclusion in a future bond program, anticipated in May 2008. On April 10, 2007, (G-15671) City Council approved the closure of Litsey Road Bridge East at Henrietta Creek pending its replacement. An inspection of the Litsey Road Bridge by staff found that the bridge deck was severely deteriorated and the bridge was immediately closed to traffic. The project consists of the replacement of Litsey Road Bridge at Henrietta Creek and associated roadway improvements at an estimated cost of $3,712,000. The bridge replacement cost is estimated at $2,100,000. The Texas Department of Transportation (TxDOT) by a separate agreement will participate $1,218,000, Denton County $411,000, and the City of Fort Worth $471,000. TxDOT will manage the bridge project. Roadway improvements to Litsey Road with an estimated cost of $1,612,000. Denton County will participate $1,142,000, and the City of Fort Worth $470,000, in addition $30,493 will be needed for costs for management and contingencies. The City of Fort Worth agrees to collect funds from Denton County and let the roadway project for construction and to provide project management. The City included $150,000 from the 1998 Capital Improvement New Development Fund and has received $321,493 from previous developer contributions for future improvements to Litsey Road through Community Facilities Agreements, which will be used for these projects. This project is located in COUNCIL DISTRICT 2. 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 as appropriated, of the Specially Funded Capital Projects Fund. TO Fund/Account/Centers FROM Fund/Account/Centers 1) C291 472001 201249990100 $1,830,000.00 1) 0001 538070 0908000 2) C291 472001 201249990100 $1,830,000.00 4) GS94 538070 020941369010 2) C291 541200 201249990100 $1,830.000.00 7) C291 541200 202240090983 2) C291 446100 174770080640 $1.830.000.00 2) C291 541200 174770080640 $1,830.000.00 3) GS94 488100 020941369010 $321,493.00 3) GS94 538070 020941369010 $321,453.00 4&6) C291 472094 202240090983 $321.493.00 5&6) C291 488150 202240090983 $1,142,000.00 6) C291 511010 202240090983 $29,000.00 6) C291 541200 020240090983 $471,000.00 C291 541200 202240090983 $1,463,493.00 $1.830,000.00 $321.493.00 $941.000.00 Submitted for City Manager's Office by: Marc A. Ott (8476) Originating Department Head: Robert Goode (7804) Additional Information Contact: George Behmanesh (7914) Logname: 20INTL/DENTON Page 2 of 2