HomeMy WebLinkAboutOrdinance 17865-11-2007Ordinance No. 17865-11-2007
AN ORDINANCE INCREASING ESTIMATED RECEIPTS AND APPROPRIATIONS IN
THE PARK GAS LEASE PROJECT FUND IN THE AMOUNT OF $1,000,000 FROM GAS
WELL ROYALTY REVENUES FOR THE PURPOSE OF TRANSFERRING SAID FUNDS
TO THE GRANTS 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 Park
Gas Lease Project Fund in the amount of $1,000,000 from Gas Well Royalty Revenues for the purpose of
transferring said funds to the Grants 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ordinances and appropriations are hereby expressly repealed.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.
PROVED AST ORM AND LEGALITY:
ssistant City ttorney
ADOPTED AND EFFECTIVE: November 6, 2007
City of 1°ort Worth, Texas
Mayor and Council Communication
COUNCIL ACTION: Approved on 11/6/2007 -Ordinance No. 17865-11-2007 & 17866-11-2007
DATE: Tuesday, November 06, 2007
LOG NAME: 8000BBRECIMP REFERENCE NO.: G-15964
SUBJECT:
Authorize Execution of an Interlocal Agreement with the Tarrant Regional Water District for
Recreational Improvements to Cobb Park as Part of the Trinity River Vision -Neighborhood and
Recreation Enhancement ..Plan, Authorize Exception to the Existing Moratorium on Gas Well
Revenue Expenditures and Adoption of Related Appropriation Ordinances
RECOMMENDATION:
It is recommended that the City Council:
1. Authorize the City Manager to Execute an Interlocal Agreement with the Tarrant Regional Water District
for the provision of recreation enhancements to Cobb Park as part of the Trinity River Vision -
Neighborhood and Recreation Enhancement Plan;
2. Authorize the City Manager to accept a grant from the Tarrant Regional Water District in the amount up
to $1,000,000 for recreation improvements to Cobb Park as part of the Trinity River Vision -Neighborhood
and Recreation Enhancement Plan;
3. Authorize an exception to the existing moratorium on gas well revenue expenditures to fund the City's
match of $1,000,000 for this project;
4. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations by
$1,000,000 in the Park Gas Lease Projects Fund from Gas Well Royalty Revenues for the development of
Cobb Park;
5. Approve the transfer of $1,000,000 from the Park Gas Lease Projects Fund to the Grants Fund for the
City's match of the project; and
6. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations by
$2,000,000 in the Grants Fund upon the execution of the Interlocal Agreement with the Tarrant Regional
Water District.
DISCUSSION:
The purpose of this M&C is to seek City Council approval for first phase funding from Gas Well Revenues
for the development of Cobb Park. The Trinity River Vision Plan adopted by the City Council and the
Tarrant Regional Water District in 2003 and incorporated into the City's Comprehensive Plan calls for trail,
trail heads, better connections to Sycamore Creek and enhanced neighborhood connections.
The process of master planning Cobb Park is currently underway and the first public meeting was held
August 29, 2007. The master plan for Cobb Park is being funded by Chesapeake Energy Company as part
of an agreement for an easement through Cobb Park for a gas pipeline (M&C L-14200, May 30,
Logname: 8000BBRECIMP Page 1 of 2
2006). Carter and Burgess is currently under contract to Chesapeake Energy Company to develop this
master plan. The Cobb Park master planning process will identify other high priority community recreational
needs for Cobb Park. The park has not had any recent recreational development and the previous Master
Plan was completed in the 1960s. Over 39 people attended the first meeting and surveys were distributed
to gather public input on the types of amenities to provide. The next step in the process is to establish
priorities based on the comments from the meeting as well as information gathered from the surreys.
The Tarrant Regional Water District (TRWD) has undertaken a Trinity River Vision -Neighborhood and
Recreation Enhancement Plan to provide trail and recreation improvements in the area governed by the
Trinity River Vision Plan. TRWD is providing this matching funding because Cobb Park is a major open
space in the Sycamore Creek Corridor and provides a vital open space and trail linkage along the
creek. The long range plan is to connect Sycamore Creek trail and open space to the main stem of the
Trinity River. This funding provides sufficient funds to begin the first phase redevelopment of regional
recreation facilities at Cobb Park.
Staff recommends an exception to the existing moratorium on expenditure of gas well revenues to fund this
matching grant from the TRWD. Considering the scope of the project and the matching funds being
provided by TRWD, staff believes this to be a prudent expenditure of gas well revenues.
This project is located in COUNCIL DISTRICT 8 and provides funding for regional park development of a
scale and scope designed to benefit the entire City.
FISCAL INFORMATION/CERTIFICATION:
The Finance Director certifies that upon approval of the above recommendations, receipt of the grant and
adoption of the attached appropriation ordinance, funds will be available in the current capital budget, as
appropriated, of the Grants Fund.
TO Fund/Account/Centers
C282 446200 808470003110 $1,000,000.00
C282 538070 808470003110 $1,000,000.00
61 GR76 451979 080475231000 $1.000.000.00
~6) GR76 472282 080475231000 $1,000,000.00
GR76 5 $2.000.000.00
.(VARIOUS) 080475231010
FROM Fund/Account/Centers
C282 538070 808470003110 $1,000,000.00
Submitted for City Manager's Office by; Libby Watson (6183)
Originating Department Head: Richard Zavala (5704)
Additional Information Contact: Randle Harwood (6101)
Logname: 8000BBR.ECIMP Page 2 of 2