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HomeMy WebLinkAboutOrdinance 17866-11-2007Ordinance No. 17866-11-2007 AN ORDINANCE INCREASING ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE GRANTS FUND IN THE AMOUNT OF $2,000,000 FROM AVAILABLE FUNDS FOR THE PURPOSE OF FUNDING THE DEVELOPMENT OF COBB PARK; 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 and in the Budget of the City Manager, there shall also be increased estimated receipts and appropriations in the Grants Fund in the amount of $2,000,000 from available funds for the purpose of funding the development of Cobb Park. 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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. APPROVED AS TO FORM AND LEGALITY: Assistant City A rney ADOPTED AND EFFECTIVE: November 6, 2007 Ci~jr ®f Ford VI/or~h, 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 surveys. 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 4) C282 446200 808470003110 $1,000.000.00 C282 538070 808470003110 $1.000,000.00 6) GR76 451979 080475231D00 $1,000,000.00 ~6) GR76 472282 080475231000 $1,000,000.00 6) GR76 5 $2,000.000.00 ~/ARIOUS) 080475231010 FROM Fund/AccountlCenters 4) C282 538070 808470003110 $1.000,000.00 Submitted for City Manager's Office bk Libby Watson (6183) Originating Department Head: Richard Zavala (5704) Additional Information Contact: Randle Harwood (6101) Logname: 8000BBRECIMP Page 2 of 2