HomeMy WebLinkAbout(0019) M&C 20-0466City of Fort Worth,
Mayor and
DATE: 06/23/20
Texas
Council Communication
LOG NAME: 80FWZA ES PH II AMEND 1
SUBJECT
M&C FILE NUMBER: M&C 20-0466
Authorize Execution of Amendment No. 1, in the Amount of $577,096.00, to an Infrastructure Construction Agreement with the Fort Worth
Zoological Association for the Elephant Springs Phase 11 Project for a Revised Amount of $1,223,847.00 (2018 Bond Program) (ALL COUNCIL
DISTRICTS)
RECOMMENDATION:
It is recommended that the City Council: authorize the execution of Amendment No. 1, in the amount of $577,096.00, to City Secretary Contract
No. 52556, an Infrastructure Construction Agreement with the Fort Worth Zoological Association for the construction of Elephant Springs Phase II,
for a revised amount of $1,223,847.00 (City Project No. 101781)
DISCUSSION:
The purpose of this Mayor and Council Communication (M&C) is to authorize the execution of an amendment to an Infrastructure Construction
Agreement (ICA) with the Fort Worth Zoological Association (FWZA) (M&C C-29186, City Secretary Contract (CSC) No. 52556) to provide for
utility improvements related to the FWZA Elephant Springs Phase II project under the terms of the Management Agreement (CSC 40564, M&C C-
24194).
To date, the Elephant Springs Phase II utility costs total $2,447,693.00. The FWZA reimbursement schedule for Elephant Springs Phase II
requests $1,223,847.00 due in Fiscal Year 2020. Funding for this work was included in the 2018 Bond Program. Another reimbursement of
$1,223,846.00 will be due to FWZA for Elephant Springs Phase II in FY 2021.
Agreem
I Fund
Amount
CSCO No. 52556 112018
Bond Program
$646,751.00
Amendment No. 1 112018
Bond Program
$577,096.00
Future
FY21 Amendment
TBID
$1,223,846.00
$2,447,693.00
Funding for this Amendment is included in the 2018 Bond Program. Available resources within the General Fund will be used to provide interim
financing until debt is issued. Once debt associated with the project is sold, bond proceeds will reimburse the General Fund in accordance with the
statement expressing official Intent to Reimburse that was adopted as part of the ordinance canvassing the bond election (Ordinance No. 23209-
05-2018) and subsequent actions taken by the Mayor and Council.
This project will have no impact on the Park & Recreation Department's annual operating budget when completed.
The Fort Worth Zoo is located in COUNCIL DISTRICT 9 and is classified as a Special -Use Facility that serves a City-wide and regional basis.
FISCAL INFORMATION / CERTIFICATION:
The Director of Finance certifies that funds are available in the current capital budget, as previously appropriated, in the 2018 Bond Program CFA-
Zoo Elephant Springs Ph II project to support the approval of the above recommendation and execution of the amendment. Prior to any
expenditure being incurred, the Park & Recreation Department has the responsibility to validate the availability of funds.
Submitted for City Manager's Office bT. Dana Burghdoff 8018
Originating Business Unit Head: David Creek 5704
Additional Information Contact: Joel McElhany 5745