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HomeMy WebLinkAboutOrdinance 17863-11-2007Ordinance No. 17863-11-2007 AN ORDINANCE INCREASING ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE SPECIALLY FUNDED CAPITAL PROJECTS FUND IN THE AMOUNT OF $400,000 FROM AVAILABLE FUNDS FOR THE PURPOSE OF TRANSFERRING SAID FUNDS TO THE CO SPECIAL PROJECT 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 Specially Funded Capital Projects Fund in the amount of $400,000 from available funds for the purpose transferring said funds to the CO Special Project Fund. SEGTION 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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. ADOPTED AND EFFECTIVE: November 6 2007 This ordinance shall take effect upon adoption. C®~r of Fort V~/orth, Texas Mayor and Council Communication COUNCIL ACTION: Approved on 11/6/2007 -Resolution No. 3551-11-2007, Ordinance No. 17863-11-2007 & 17864-11-2007 DATE: Tuesday, November 06, 2007 LOG NAME: 20PUBLICHEALTH REFERENCE NO.: G-15963 SUBJECT: Adopt Appropriation Ordinances to Provide Additional Funds for the Public Health Center Project and Adopt Reimbursement Resolution RECOMMENDATION: It is recommended that the City Council: 1. Adopt attached appropriation ordinance increasing estimated receipts and appropriations in the Specially Funded Capital Projects Fund by $400,000 from available funds; 2. Authorize the transfer of $400,000 from the Specially Funded Capital Projects Fund to the CO Special Project Fund; 3. Adopt attached appropriation ordinance increasing estimated receipts and appropriations in the CO Special Project Fund by $400,000 from available funds; and 4. Adopt the attached Reimbursement Resolution noting that the City expects to issue Certificates of Obligation for the purpose of paying the increased costs of this project. DISCUSSION: The purpose of this M&C is to increase the amount authorized for the new Public Health Center by $400, 000.00. The current construction budget for this project is $6,900,000. This budget is sufficient to provide a basic facility with 36,600 square feet of space in a two-story tilt-up-panel concrete structure. It is desired to enhance the core building with masonry accents, a central raised roof with glass clerestory, glass staircase enclosures, touch-free fixtures, and green building technology such as geothermal heating and cooling, pervious pavements, resource conserving fixtures, and an upgraded building envelope (glass, roofing, insulation, etc.). With these enhanced features, the construction estimate is $7,300,000. An additional $400,000 is needed to continue with the design of the enhanced facility. The revised overall project budget, including the additional $400,000 is: Previous design at former site $473,000.00 Current Design contract $275,000.00 Geotechnical, material testing, survey, TXU extension, stafF time $195,000.00 ITS $400,000.00 FF&E $500,000.00 Construction $7,300,000.00 Logname: 20PUBLICHEALTH Page 1 of 2 Contingency $657,000.00 Total $9,800,000.00 During December 2006, staff identified $ 150 M in Critical Capital Needs, and Council authorized the sale of Certificates of Obligation in each of the next four years to meet those needs. This summer, $ 43.5 M was sold for projects identified in the first year of the Critical Capital Program. Also at that time in December, staff advised Council that due to inflation, some cost overruns were anticipated from projects funded in the 2004 Bond Program, and that $10 M in unspecified debt capacity was reserved for this purpose. Further, staff advised that these projects would be presented for Council consideration on an as- needed basis for inclusion in future Certificate of Obligation sales of the Critical Capital needs. The 2005A and 2007 Certificate of Obligation sales included $9.4 M for the new Public Health Center. The purpose of this M&C is to increase the amount authorized for the new Public Health Center by $400,000, which will provide the $9.8 M to proceed. While this project was not included as a 2004 bond project, but rather was funded with a CO, staff recommends the use of a portion of the $10M to fund these facility enhancements. Subsequently, in order to allow reimbursement of this fund, staff recommends inclusion of this amount in the next CO sale anticipated sometime in Spring 08, and the use of those proceeds to reimburse this fund. The project timeline is as follows: July 2007 Award Design contract January 2008 Design Complete Feb-Apr 2008 Advertise, receive and evaluate bids, permitting acquire bonds May 2008 Award construction contract May 2009 Complete construction June 2009 Relocate from existing facility FISCAL INFORMATION/CERTIFICATION: The Finance Director certifies that funds, upon approval of the above recommendations and adoption of the appropriation ordinances ,will be available in the current budget, as appropriated, of the CO Special Project Fund. TO Fund/Account/Centers 1) C291 446100 174770080640 $400.000.00 1) C291 538070 174770080640 $400.000.00 2 & 3) C290 472001 208960022680 $400.000.00 3) C290 541200 208960022680 $400,000.00 FROM Fund/Account/Centers 2) C291 538070 174770080640 $400,000.00 Submitted for City Manager's Office b~ Originating Department Head: Additional Information Contact: Marc Ott (8476) Robert Goode (7801) Glenn Balog (2028) Logname: 20PUBLICHEALTH Page 2 of 2