HomeMy WebLinkAbout(0015) M&C 21-0379City of Fort Worth,
Mayor and
Texas
Council Communication
DATE: 06/08/21 M&C FILE NUMBER: M&C 21-0379
LOG NAME: 60M-295 M-329 ACCEPTANCE OF FUNDS
SUBJECT
(CD 8) Authorize Acceptance of Funds from Legends of Hanna Ranch, LTD in the Amount of $16,502.34 for Easement Costs for the Community
Facilities Agreement - Sanitary Sewer Mains M-295 and M-329 Project and Adopt Attached Appropriation Ordinance
RECOMMENDATION:
It is recommended that the City Council:
1. Authorize the acceptance of funds from Legends of Hanna Ranch, LTD, in the amount of $16,502.34; and
2. Adopt appropriation ordinance increasing estimated receipts and appropriations in the Water and Sewer Community Facilities
Agreement Fund in the amount of $16,600.00 for the purpose of funding the Community Facilities Agreement — Sanitary Sewer Mains M-
295 and M-329 project (City Project No. 102152).
DISCUSSION:
On April 13, 2021 Mayor and Council Communication (M&C 21-0286), the City Council authorized the execution of a community facilities
agreement (CFA) with Legends of Hanna Ranch, LTD (Developer) with City participation in the amount not to exceed $7,574,786.00 for replacing
public sanitary sewer mains M-295 and M-329. The Developer is responsibile for reimbursing the City for 5.75% of the cost of the
easements necessary for the project to cover the Developer's share of the easement costs. Reimbursement of the easement cost is required
before a notice to proceed to construction is issued by the City for the project. The Developer's share of the easement cost has been determined
to be $16,502.34. This M&C will authorize the acceptance of the funds and appropriate the funds for the project.
Funding for Sanitary Sewer Mains M-295 and M-392 project is as depicted in the table below:
Fund
Existing
Appropriations
Additional
Appropriations
project Total*
W&S
Community
Facilities
$1,329,602.00
$16,600.00
$1,346,202.00
Agmt - Fund
56008
Project
$1,329,602.00
$16,600.00
$1,346,202.00
Total
*Numbers rounded for presentation purposes.
The 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 upon approval of the above recommendation and adoption of the attached appropriation ordinance, funds will
be deposited in the W&S Community Facilities Agmt Fund for the CFA-S.S. Mains M-295 and M-329 project. The Water Department (and
Financial Management Services) is responsible for the collection and deposit of funds due to the City. Prior to any expenditure being incurred, the
Water Department has the responsibility to validate 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