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HomeMy WebLinkAbout(0008) M&C 19-0035City of Fort Worth, Texas Mayor and Council Communication DATE: 08/13/19 M&C FILE NUMBER: M&C 19-0035 LOG NAME: 55CAPITAL PROJECT FUND AMEND SUBJECT Authorize Reallocation of Funds in the Amount of $711,258.78 to Consolidate Various Static Projects to Programmable Projects for Fort Worth Meacham International Airport and Fort Worth Spinks Airport for the Management of Capital Projects. (COUNCIL DISTRICTS 2 and 6) RECOMMENDATION: It is recommended that the City Council authorize reallocation of funds in the amount of $711,258.78 to consolidate various static projects into programmable projects (P00011, P00012, P00112 and P00115) for Fort Worth Meacham International Airport and Fort Worth Spinks Airport for the management of capital projects. DISCUSSION: This M&C is intended to seek an approval to consolidate various static projects into programmable projects for Fort Worth Meacham International Airport (Meacham) and Fort Worth Spinks Airport (Spinks) in order to better manage capital project funds. Currently the Aviation Department requested separate static projects each year for the purchase of vehicles and equipment, airport maintenance and assessment/studies. By creating programmable projects, the Aviation Department will be able to realize operational efficiencies by being able to utilize the residual funds to purchase additional equipment as the need arise when the price comes in lower than originally expected, or to cover the price of equipment that may come in higher than budgeted. The Aviation Department will reallocate $279,258.78 for the purchase of equipment and vehicles at Meacham Airport and $60,000.00 at Spinks, $360,000.00 for the airport maintenance at Meacham Airport and $12,000.00 for Spinks assessment and studies. Procurement will be executed by the Property Management Department in a separate authorization. Details are indicated as follows: 1. Reduce the appropriation in the static projects in the total amount of $711,258.78. 2. Increase the appropriation in the P00011 - Meacham Equipment —Vehicles in the amount of $279,258.78, in P00012 - Spinks Equipment — Vehicles in the amount of $60,000, in P00112 — Meacham Maintenance in the amount of $360,000 and in P00115 - Spinks Assessment and Studies in the amount of $12,000. The action in this M&C is not included in the FY2020-2024 Capital Improvement Plan (CIP). Council Districts 2 & 6. A Form 1295 is not required for this contract because: This M&C does not request approval of a contract with a business entity. FISCAL INFORMATION / CERTIFICATION: The Director of Finance certifies that upon approval of the above recommendations, funds will be available in the Municipal Airports Capital Projects Fund. Prior to an expenditure being made, the participating department has the responsibility to validate the availability of funds. Submitted for City Manager's Office by. Fernando Costa 6122 Originating Business Unit Head: Bill Welstead 5402 Additional Information Contact: Dakota Shaw 5407