HomeMy WebLinkAbout(0047) M&C 21-0624City of Fort Worth,
Mayor and
Texas
Council Communication
DATE: 08/24/21 M&C FILE NUMBER: M&C 21-0624
LOG NAME: 60SOUTH OAK GROVE RD ESTATES AMEND
SUBJECT
(CD 8) Amend Mayor and Council Communication 21-0053, Authorizing Execution of a Community Facilities Agreement with West River Homes
Building, LLC, to Increase the City Participation to $313,156.00 and Adopt the Attached Appropriation Ordinance
RECOMMENDATION:
It is recommended that the City Council:
1. Amend Mayor and Council Communication 21-0053, authorizing execution of a Community Facilities Agreement with West River Homes
Building, LLC to increase City participation to $313,156.00 for the South Oak Grove sewer replacement project; and
2. Adopt the attached appropriation ordinance adjusting estimated receipts and appropriations in the Water & Sewer Revenue Bonds Series
2021 Fund, in the amount of $146,420.00, by decreasing the estimated receipts and appropriations in the Unspecified project (City Project
No. UNSPEC) and increasing estimated receipts and appropriations in the Community Facilities Agreement Bucket (City Project No.
P00001) by the same amount, for the purpose of funding the South Oak Grove Replacement project (City Project No. 102739).
DISCUSSION:
On January 12, 2021, Mayor and Council Communication (M&C 21-0053), the City Council authorized the execution of a Community Facilities
Agreement (CFA) with West River Homes LLC., with City participation in the amount of $166,736.00 for the South Oak Grove Estates sewer
replacement project and appropriated funds for the project. The developer initially chose to privately bid the project.The developer has
now decided to publicly bid the project due to state law limits for City participation in privately bid developer projects. The Water Department
is seeking additional funding for the increased cost share in the amount of $146,420.00 based on the signed bid proposal from the contractor who
was awarded the public bid.
Funding for the infrastructure Improvements for public sewer main South Oak Grove Estates project is as depicted below:
FUND
Existing
Additional
Project Total*
Appropriations
Appropriations
Water & Sewer Bond
$166,736.00
$0.00
$166,736.00
2020A Fund 56017
W&S Rev Bonds
$0.00
$146,420.00
$146,420.00
Series 2021 — Fund
56019
Total
$166,736.00
$146,420.00
$313,156.00
* Numbers rounded for presentation purposes.
This project is in COUNCIL DISTRICT 8
FISCAL INFORMATION / CERTIFICATION:
The Director of Finance certifies that funds are currently available in the Unspecifed - All Funds project within the W&S Rev Bonds Series 2021
Fund and upon approval of the above recommendations and adoption of the attached appropriation ordinance, funds will be available in the W&S
Rev Bonds Series 2021 Fund for the CFA Bucket programmable project to support the approval of the above recommendations and execution of
the agreement. Prior to an expenditure being incurred, the Water Department has the responsibility of verifying the availability of funds.
Submitted for City Manager's Office by. Dana Burghdoff 8018
Originating Business Unit Head: Chris Harder 5020
Additional Information Contact: Soon Wong 8369
Expedited