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HomeMy WebLinkAbout(0084) M&C 19-0013City of Fort Worth, Texas Mayor and Council Communication DATE: 08/06/19 M&C FILE NUMBER: M&C 19-0013 LOG NAME: 19LVTRISE SUBJECT Authorize the Acceptance of Funds from LVTRise, Inc., a Non -Profit Corporation, in the Amount of $650,000.00 for Facility Renovation and Improvements at the Calmont Park Community Center Located at 8201 Calmont Avenue and Adopt Appropriation Ordinance. (COUNCIL DISTRICT 3) RECOMMENDATION: It is recommended that the City Council: 1. Authorize the acceptance of funds from LVTRise, Inc. in the amount of $650,000.00 for facility renovation and improvements of the Calmont Park Community Center located at 8201 Calmont Avenue, Fort Worth 76116; and 2. Adopt the attached ordinance appropriation increasing estimated receipts and appropriations in the amount of $650,000.00 in the General Capital Projects Fund. DISCUSSION: The LVTRise project is a cooperative effort by private companies, human service organizations and government agencies dedicated to improving the lives of people living in the Las Vegas Trail area. Entities participating in the project are committed to providing resources and financial support for LVTRise's program objectives that focus on education, public safety, delivery of social services, economic development, and health and wellness. LVTRise, Inc., a non-profit corporation, was incorporated in late 2018 to take the lead in implementing the project and providing programming. The City entered into an agreement with LVTRise, Inc. for the lease and management of the Calmont Community Center located at 8201 Calmont Avenue, Fort Worth, Texas 76116, pursuant to Council approval on March 19, 2019 (M&C L-16192). As part of that agreement, LVTRise, Inc. agreed to split the cost of Phase I improvements to the Calmont Community Center equally with the City. Phase I will include the renovation of one building containing approximately 5,625 SF, replacement of HVAC and roofs for both buildings, and park related site improvements. The building renovations included in Phase I have an estimated total budget of $1,300,000.00, which will be split equally between the City and LVTRise, Inc. at $650,000.00 each. The purpose of this M&C is to authorize the acceptance of funds from LVTRise, Inc., and usage of expenditures in the amount of $650,000.00 for the Phase I facility renovation and improvements of the Calmont Park Community Center. FISCAL INFORMATION / CERTIFICATION: The Director of Finance certifies that upon approval of the above recommendations, receipt of the funds, and adoption of the attached appropriation ordinance, funds will be available in the General Capital Projects Fund. Submitted for City Manager's Office by. Fernando Costa 6122 Originating Business Unit Head: Sonia Singleton 5774 Additional Information Contact: Sonia Singleton 5774