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HomeMy WebLinkAbout(0320) M&C 21-0500City of Fort Worth, Mayor and Texas Council Communication DATE: 06/22/21 M&C FILE NUMBER: M&C 21-0500 LOG NAME: 20-2022 PROJECT KICK OFF FUNDS SUBJECT (CD 2, CD 4, CD 5, CD 7, and CD 8) Adopt Attached Appropriation Ordinance in the Collective Amount of $10,266,876.00 in the Developer Contribution Fund, Adopt Attached Appropriation Ordinance in the Amount of $18,500,000.00 in the Capital Funds for Transportation Impact Fees to Prepare High Priority Projects to Improve Safety and Capacity for the Anticipated Upcoming Bond Program and Amend the Fiscal Years 2021- 2025 Capital Improvement Program RECOMMENDATION: It is recommended that the City Council: 1. Adopt the attached appropriation ordinance adjusting appropriations in the Developer Contribution Fund (i) to increase receipts and appropriations in identified projects by a total of $9,676,676.00 and to decrease receipts and appropriations in the Jump Start Transportation and Public Works and Property Management Departments programmable project (City Project No. P00099) by the same amount and (ii) increasing receipts and appropriations in the Everman Parkway - Rosedale Springs Ln to Cameron Hills Point project (City Project No. 103271) of the Developer Contribution Fund in the amount of $590,200.54 from available Future Improvements Agreement funds; 2. Adopt the attached appropriation ordinance increasing receipts and appropriations in the capital funds for Transportation Impact Fees by a total of $18,500,000.00 for identified projects from available funds within specified service areas; and 3. Amend the Fiscal Years 2021-2025 Capital Improvement Program. DISCUSSION: The purpose of this Mayor and Council Communication (M&C) is to take actions associated with funding preliminary efforts for certain identified street and transportation infrastructure projects that are planned to be included in upcoming bond programs so that the projects can be implemented more quickly if the bonds are approved by the voters. As previously presented at public meetings, including City Council work session, the City is anticipating leveraging outside funding opportunities for certain infrastructure projects so that the City's 2022 Bond Program funding can go further by only having to pay for a part of these projects. The major funding opportunity that the City hopes to leverage is Tarrant County's 2021 Bond Program. Recently, Tarrant County announced it would be holding a bond election in November, 2021 and put out a call to other local governments for proposed infrastructure projects that would benefit both the county and the local government. If selected for inclusion in the Tarrant County program, the proposed projects would be eligible for a 50/50 cost share on a reimbursement basis. On April 6, 2021 (M&C 21-0243), the City Council adopted Resolution No. 5377-04-2021 with a project list which has been submitted to the County. The projects proposed for inclusion in the County's Bond Program would likewise be included in the City's May 2022 Bond Program, which would provide the City's required cost share, with all bond funding subject to voter approval at each election. The Transportation and Public Works (TPW) Department submitted a total of 26 applications to Tarrant County for funding, which included 13 thoroughfares. These projects overlap and staff is working to accelerate planning to be positioned to provide quicker delivery of the projects — subject to voter approval of the bond programs - by preparing design documents in advance. To date, $116,000.00 has been spent in the preparation of project conceptual and cost estimates for several of the projects. On January 26, 2021 (M&C 21-0076), City Council converted and appropriated $9,792,676.00 from completed Future Improvement Agreements (FIA) into the Developer Contribution Fund. Approval of this M&C would appropriate these funds for use in support of pre -construction activities described herein. Additionally, $590,200.54 in FIA funds are available for the proposed Everman Parkway project (City Project No. 103271) which is planned for inclusion in the City's 2022 Bond Program. Approval of the first recommendation and adoption of the associated appropriation ordinance would appropriate money in the Developer Contribution Fund as follows: Project�EProject Number Name Amount 103280 Trinity Boulevard - Phase 2 $250,000.00 103278 Bonds Ranch Rd and Wagley Robertson Rd IF$250,000.00 103299 W J Boaz Rd West Half IF$300,000.001 103281 Park Vista Blvd $250,000.00 103270 Ray White Rd South $400,000.00 103276 Keller Hicks Rd $700,000.00 103269 Ray White Rd North $1,400,000.00 103272 Meacham Blvd - Phase 2 1 $700,000.00 103300 Heritage Trace Pkwy 1 $2,700,000.00 103271 Everman Parkway (grade separated crossing) $2,476,676.00 103332 Intermodal Parkway $250,000.00 Total Reallocation from the Jump Start Transportation and Public Works and Property Management Department's Programmable Project $9,676 676.00 ' Future Improvement Agreements Funds Project Number Project Name Amount 103271 Everman Pkwy (Rosedale Springs Ln to Cameron Hills Pt) $590,200.5411 In addition to the Developer Contribution Fund dollars, staff proposes using $18,500,000.00 of Transportation Impact Fee funds to begin the design phase for 10 thoroughfare projects listed in the table below that are considered high priority needs relating to capacity improvements to the infrastructure of the City of Fort Worth due to growth. This effort will enable staff to begin the design and, in some cases, property acquisition activities related to the projects with the expectation that construction can begin within the four year program. The proposed projects using impact fee funding are as follows: Transportation Impact Fees Funds Project Number project Name Limits Impact Fee Service Area Amount 103280 Trinity Boulevard - Phase 2 Salado Trail to Thames Trail SA-M $1,300,000.00 103278 Bonds Ranch Rd Wagley Roberison Rd and ts US Hwy 287 SB SR to Wagley Robertson Rd SA-C $2,500,000.00 103299 W J Boaz Rd West Half Boat Club Rd (FM 1220) to Elkins School Rd SA-E 1 $2,000,000.00 10329 IW J Boaz Rd West Half Boat Club Rd (FM 1220) to Elkins School Rd SA-G 1 $2,000,000.00 10328 IPark Vista BIv IKeller Haslet Rd - 415' N Timberland SA -A 1 $1,200,000.00 103270 Ray White Rd South Mirage Drive - Wall Price Keller SA-D $500,000.00 10327 IKeller Hicks R ILauren Way - Park Vista Blvd 11 SA-D $500,000.00 103272 Meacham Blvd Phase 211FM156 to IH-35W SA-F 1 $1,200,000.00 103300 103271 103271 Heritage Trace Pkwy 1 Everman Parkway (grade separated crossing) Everman Parkway (grade separated crossing) Wagley Robertson Rd to Saginaw Boulevard (New Road Construction) Rosedale Springs Ln to Cameron Hills Pt Rosedale Springs Ln to Cameron Hills Pt SA-E SA-X SA-Z $1,000,000.00 $400,000.00 $400,000.00 103332 Intermodal Par IFM 156 to Old Blue Mound Rd SA -AA $5,500,000.00 TOTAL $18,500,000.00 Note on structure of capital funds for the Transportation Impact Fees — The appropriation of impact fee funds include money in both the current version of the capital fund and its legacy fund counterpart. As noted in the M&C G-19310, the current and legacy funds are "rolled up" and reported as a single fund, with that M&C having provided delegated authority to move projects and entries between the two as part of efforts toward closing out all legacy capital funds. Upon approval of this M&C, staff will initiate procurement of engineering services from the pool of engineering firms which were pre -qualified to provide services for thoroughfare design and construction in the TPW 2020 request for qualifications (RFQ). Funding for these projects was not included in the FY2021-2025 Capital Improvement Program (CIP) because the need had not been identified at the time the CIP was developed. The action in this M&C will amend the FY2021-2025 Capital Improvement Program as approved in connection with Ordinance 24446-09-2020. These projects are located in COUNCIL DISTRICTS 2, 4, 5, 7, 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 Jump Start (TPW and PMD), Unspecified - All Funds projects within the Developer Contribution Fund and Revenue - SA: A, C, D, E, F, G, M, X, Z, and AA Transp Imp Fees projects within the capital funds for the Transportation Impact Fees and upon approval of the above recommendations and adoption of the attached appropriation ordinances, funds will be available in the Developer Contribution Fund and the capital funds for the Transportation Impact Fees for the above mentioned projects. Prior to an expenditure being incurred, the Transportation and Public Works Department has the responsibility of verifying the availability of funds. Submitted for City Manager's Office by. Dana Burghdoff 8018 Originating Business Unit Head: William Johnson 7801 Additional Information Contact: Raul Lopez 2457 Expedited