HomeMy WebLinkAboutResolution 5415-06-2021 A Resolution
NO. 5415-06-2021
STATEMENT EXPRESSING
OFFICIAL INTENT TO REIMBURSE
EXPENDITURES WITH PROCEEDS OF FUTURE DEBT FOR THE VILLAGE
CREEK WATER RECLAMATION FACILITY GRIT FACILITY & SOUTH
INFLUENT PUMP STATION
WHEREAS, the City of Fort Worth, Texas (the "City") is a home-rule
municipality and political subdivision of the State of Texas; and
WHEREAS, the City expects to pay expenditures in connection with the design,
planning, acquisition and construction for the Village Creek Water Reclamation
Facility Grit Facility & South Influent Pump Station project (the "Project") prior to
the issuance of obligations by the City in connection with the financing of the Project
from available funds; and
WHEREAS, the City finds, considers, and declares that the
reimbursement of the City for the payment of such expenditures will be
appropriate and consistent with the lawful objectives of the City and,
as such, chooses to declare its intention, in accordance with the
provisions of Section 1.150-2 of the Treasury Regulations, to reimburse
itself for such payments at such time as it issues obligations to finance
the Project;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF FORT WORTH, TEXAS, THAT:
Section 1. The City reasonably expects debt, as one or more series of
obligations, may be issued or incurred by the City with an aggregate maximum
principal amount not to exceed $600,000.00 for the purpose of paying the
aggregate costs of the Project.
Section 2. All costs to be reimbursed pursuant hereto will be capital
expenditures. No obligations will be issued by the City in furtherance of this
Statement after a date which is later than 18 months after the later of (1) the
date the expenditures are paid or (2) the date on which the property, with
respect to which such expenditures were made, is placed in service.
Section 3. The foregoing notwithstanding, no obligation will be issued
pursuant to this Statement more than three years after the date any
expenditure which is to be reimbursed is paid.
Adopted this 22nd day of June 2021.
ATTEST:
aA' OR �aa�
p��oF000aor�yoa�
B r�� U l � ado �0 A
Y 0�0 o d
0 P.
Mary Kayser, City Secretary �� oo0
$ 00
00000000� a
aa�nEnAS�aa
t
VILLAGE CREEK TER
RECLAMATION FACILITY
r,i1t
ac SiM�,�,tGi�e,.�
IS
W!
tiMIA►. OPAL
mtww bAWLA
ra
LA
�l��� rwcE��11�Ewtr�t� _
E!IEIE�EEE �iaw ��� ��EEREiliEE ' • - � - ��iM��ii�"'11�� �;
:! w EiEE IE � y EEEMEEE1rEEE E E ?E ati ass 1v
ESEE
PCNIX
ARVININIS RON fit. "+�,•�� '",,tii it ; a
�� �`•+'� Elt € i 'i i M EEIIS 41411111 j c� r�AM
.. 'iar �iEEEEEEtlElt3dti' _ 'F; w' `' 'ttx a
WM
FORTWORTi1�1111111rtiii�t,� il1� .• • •• s . iaFYy� iw
A1. 61w `w yfYi= �s�iif l iR RG
SAM Search Results
List of records matching your search for
Search Term : Freese& Nichols, Inc.*
Record Status: Active
ENTITY Freese and Nichols, Inc. Status: Active
DUNS: 073177362 +4: CAGE Code: 09457 DoDAAC:
Expiration Date: 05/04/2022 Has Active Exclusion?: No Debt Subject to Offset?: No
Address: 801 Cherry St Ste 2800
City: Fort Worth State/Province: TEXAS
ZIP Code: 76102-6804 Country: UNITED STATES
May 19,2021 1:39 PM https://www.sam.gov Page 1 of 1
City of Fort Worth,Texas
Mayor and Council Communication
DATE: 06/22/21 M&C FILE NUMBER: M&C 21-0476
LOG NAME: 60VCWRF GRIT AND THICKENING RPRA1 —FNI
SUBJECT
(CD 5)Authorize Execution of Amendment No. 1 in the Amount of$394,134.00 to an Engineering Agreement with Freese&Nichols,Inc.
for Resident Engineering and Construction Inspection Services for the Village Creek Water Reclamation Facility Grit Facility and South Influent Lift
Station and the Thickening Process Improvements Projects,Adopt Attached Resolution Expressing Official Intent to Reimburse Expenditures with
Proceeds of Future Debt,and Adopt Attached Appropriation Ordinance
RECOMMENDATION:
It is recommended that the City Council:
1. Authorize the execution of Amendment No. 1 in the amount of$394,134.00 to City Secretary Contract No.54569,an Engineering
Agreement with Freese&Nichols,Inc.,for Resident Engineering and Construction Inspection Services for the Village Creek Water
Reclamation Facility Grit Facility&South Influent Pump Station project for a revised contract amount of$1,511,134.00;
2. Adopt the attached Resolution expressing Official Intent to Reimburse Expenditures with Proceeds from Future Debt for the Village Creek
Reclamation Facility South Influent Pump Station project;and
3. Adopt the attached Appropriation Ordinance adjusting receipts and appropriations in the Water and Sewer Commercial Paper Fund in the
amount of$460,134.00,by increasing appropriations in the Village Creek Reclamation Facility Girt Facility&South Influent Pump Station
project(City Project No. 100075)and decreasing appropriations in the Unspecified project(City Project No. UNSPEC)by the same amount.
DISCUSSION:
On September 15,2020,Mayor and Council(M&C 20-0673),the City Council authorized a professional services agreement with Freese and
Nichols, Inc.,in the amount of$1,117,000.00 for resident engineering and construction inspection services for the Village Creek Water
Reclamation Facility Grit Facility in the amount of$550,172.00 and Village Creek Water Reclamation Facility Thickening Process improvement in
the amount of$566,828.00.
On May 18,2021 Mayor and Council(M&C 21-0356),the City Council authorized a contract in the amount of$19,993,000.00 with Crescent
Constructors, Inc.,for the VCWRF South Influent Pump Station.
As part of Amendment No. 1,the Engineer will perform the construction phase services,by providing a part time Resident Engineer(RE)and full
time Resident Project Representative(RPR)for the VCWRF South Influent Pump Station project.
In addition to the contract cost,$66,000.00 is required for project management, material testing and inspection.
This project is anticipated to be included in a future revenue bond issue for the Water and Sewer Fund.Available cash within the Water and Sewer
portfolio and the City's portfolio along with the appropriation authority authorized under the Callable Commercial Paper Program(CP)will be used
to provide interim financing for this project until debt is issued.Once debt associated with this project is sold,bond proceeds will be used to
reimburse the Water and Sewer portfolio and the City's portfolio in accordance with the attached Reimbursement Resolution.Under federal law,
debt must be issued within approximately three years in order for these expenses to be reimbursable.Adoption of the attached resolution does not
obligate the City to sell bonds,but preserves the ability of the City to reimburse itself from tax-exempt bond proceeds.
Funding for the VCWRF Grit Facility and South Influent Pump Station project is depicted below:
Fund Existing Additional Project Total*
Appropriations Appropriations
Water&Sewer
Bonds 2017A Fund $1,870,965.00 $0.00 $1,870,965.00
56011
WS Capital Project $1,035,755.00 $0.00 $1,035,755.00
2019 Fund 56016
Water&Sewer Bond $27 552,151.00 $0.00$27,552,151.00
2020A Fund 6017
W&S Rev Bonds
Series 2021 Fund $1,379,389.00 $0.00 $1,379,389.00
56019
W&S Commercial $0.00 $460,134.00 $460,134.00
Paper-Fund 56020
Project Total $31,838,260.00 $460,134.00 I$32,298,394.00iI
*Numbers rounded for presentation purposes.
DVIN:A waiver of the goal for Business Equity subcontracting requirements was requested,and approved by the DVIN, in accordance with the
applicable Ordinance,because the purchase of goods or services is from sources where subcontracting or supplier opportunities are negligible.
The project is located in COUNCIL DISTRICT 5,VCWRF serves all COUNCIL DISTRICTS.
FISCAL INFORMATION/CERTIFICATION:
The Director of Finance certifies that funds are currently available in the UNSPEC project within the W&S Commercial Paper Fund and upon
approval of the above recommendations and adoption of the attached appropriation ordinance,funds will be available in the W&S Commercial
Paper Fund for the VCWRF Grit Fac&S Influent PS project to support the approval of the above recommendation and execution of the
amendment to agreement and contract.Prior to any expenditure being incurred,the Water Department has the responsibility of verifying the
availability of funds.
Submitted for CityManager's Office by: Dana Burghdoff 8018
Originating Business Unit Head: Chris Harder 5020
Additional Information Contact: Farida Goderya 8214
Expedited