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HomeMy WebLinkAbout(0035) M&C 20-0746City of Fort Worth, Mayor and Texas Council Communication DATE: 10/20/20 M&C FILE NUMBER: M&C 20-0746 LOG NAME: 2020 EAST ROSEDALE STREET LIGHTS SUBJECT (CD 8) Authorize Funding for the East Rosedale Street Lights Project the Amount of $436,339.86 for Construction, Project Management, Inspection and Material Testing, Adopt Appropriation Ordinance and Update the FY2020-2024 Capital Improvement Plan (2014 and 2018 Bond Program) RECOMMENDATION: It is recommended that the City Council.- 1. Authorize funding for the East Rosedale Street Lights Project the Amount of $436,339.86 for Construction, Project Management, Inspection and Material Testing; and 2. Adopt the attached appropriation ordinance adjusting appropriations in the 2014 Bond Program Fund by increasing appropriations in the East Rosedale Street Lights project (City Project No.102183) in the amount of $436,339.86 and decreasing appropriations in the 34014 Appropriation Only unspecified project (City Project No.U34014) by the same amount. DISCUSSION: The street lights on East Rosedale Street from Interstate Highway (IH) 35W to United States Business Route (US) 287 were installed by the Texas Department of Transportation JXDOT) in the roadway medians as a part of East Rosedale corridor reconstruction project in 2015. The City has maintenance responsibility under existing agreements with TXDOT. Since the installation of the street lights, the Transportation & Public Works Department (TPW) has recorded multiple street light poles knocked down along the corridor. To minimize the continuing damage to the street lights, relocation of the street lights from the medians to back of the curb on North and South sides of the street in an alternating pattern is recommended along the corridor. The design was funded by 2014 Bond Program Funds. On July 15, 2019, a professional services agreement was administratively executed with LAN, Inc. for the design (CSC No. 51286) and the final plans have been received. Additional funds are required for the construction phase of this project of which $436,339.86 will be used from the 2014 Bond Program Street Lights programmable funds available in the 34014 Appropriation Only unspecified project. This project is included in the 2014 and 2018 Bond Programs. 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. 24446- 09-2020) and subsequent actions taken by the Mayor and Council. Funding for this project was not included in the FY2020-2024 Capital Improvement Plan (CIP) because it was not a planned project when the CIP was created. The action in this Mayor and Council Communication (M&C) will update the FY2020-2024 Capital Improvement Plan. Fund Existing Funding Additional Funding Project Total E. Rosedale St Light Project - 102183 2014 Bond Program — 34014 $300,000.00 $436,339.86 $736,339.86 2018 Bond Program — 34018 $265,660.14 $0.00 $265,660.14 Project Total $565,660.14 $436,339.86 $1,002,000.00 This project is located in COUNCIL DISTRICT 8. A Form 1295 is not required because: This M&C does not request approval of a contract with a business entity. FISCAL INFORMATION / CERTIFICATION: The Director of Finance certifies that funds are currently available in the 34014 Appropriation Only unspecified project within the 2014 Bond Program Fund and upon approval of the above recommendation and adoption of the attached appropriation ordinance, funds will be available in the 2014 Bond Program Fund for the E. Rosedale St Light project. Prior to an expenditure being incurred, the Transportation & Public Works Department has the responsibility of verifying the availability of funds. Submitted for City Manager's Office bT. Dana Burghdoff 8018 Originating Business Unit Head: William Johnson 7801 Additional Information Contact: Monty Hall 8662