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HomeMy WebLinkAboutOrdinance 25145-10-2021ORDINANCE NO. 25145-10-2021 AN ORDINANCE INCREASING ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE AVIATION GAS LEASE CAPITAL PROJECTS FUND, FROM AVAILABLE FUNDS, IN THE AMOUNT OF $97,000.00, FOR THE PURPOSE OF FUNDING THE AIRPORT OFFICE SUITE BUILDOUT PROJECT (CITY PROJECT NO. 103685); PROVIDING FOR A SEVERABILITY CLAUSE; MAKING THIS ORDINANCE CUMULATIVE OF PRIOR ORDINANCES; REPEALING ALL ORDINANCES IN CONFLICT HEREWITH; AND PROVIDING AN EFFECTIVE DATE. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH, TEXAS: SECTION 1. That in addition to those amounts allocated to the various City departments for Fiscal Year 2021-2022 in the Budget of the City Manager, there shall also be increased estimated receipts and appropriations in the Aviation Gas Lease Capital Projects Fund in the amount of $97,000.00, from available funds, for the purpose of funding the Airport Office Suite Buildout project (City Project No. 103685). SECTION 2. That should any portion, section or part of a section of this ordinance be declared invalid, inoperative or void for any reason by a court of competent jurisdiction, such decision, opinion or judgment shall in no way impair the remaining portions, sections, or parts of sections of this ordinance, which said remaining provisions shall be and remain in full force and effect. SECTION 3. That this ordinance shall be incorporated into the ordinance effecting the budget of the municipal government of the City of Fort Worth for the ensuing Fiscal Year beginning October 1, 2021, and ending September 30, 2022, and all other ordinances and appropriations amending the same except in those instances where the provisions of this ordinance are in direct conflict with such other ordinances and appropriations, in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed. SECTION 4. This ordinance shall take effect upon adoption. APPROVED AS TO FORM AND LEGALITY: Assistant City Attorney ADOPTED AND EFFECTIVE: October 12, 2021 CITY SECRETARY R Ronald P. Gonzales Acting City Secretary City of Fort Worth, Texas Mayor and Council Communication DATE: 10/12/21 M&C FILE NUMBER: M&C 21-0798 LOG NAME: 55FTW AVIATION GAS LEASE CAPITAL PROJECT FUND APPROPRIATION SUBJECT (CD 2) Adopt Attached Appropriation Ordinance in the Amount of $97,000.00 in the Aviation Gas Lease Capital Projects Fund to Support the Meacham Airport Office Suite Buildout Project RECOMMENDATION: It is recommended that the City Council adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the Aviation Gas Lease Capital Projects Fund in the amount of $97,000.00, from available funds, for the purpose of funding the Airport Office Suite Buildout project (City Project No. 103685) at Fort Worth Meacham International Airport. DISCUSSION: The purpose of this Mayor and Council Communication (M&C) is to distribute and appropriate funds for the Airport Office Suite Buildout project (City Project No. 103685) at Fort Worth Meacham International Airport (Airport). Funding moved in the amount of $97,000.00, will be from available funds within the Aviation Gas Lease Capital Projects fund. The purpose of this M&C is to appropriate revenue to fund project costs, which include costs associated with the construction of a 1,917 square foot office space known as Suite L32, a modification of shell tenant space to realize an efficient layout due to an increased demand for tenant space not previously programmed to be finished -out, as well as to increase revenue for the airport. The funds will be used to pay Lookup Properties, Inc. to construct the new office space and finish -out a small tenant business center that was added to the project along with the construction bid for Suite L32. The expansions, improvements and additional finish -out will improve leasable space at the airport and increase the revenue of the Meacham International Airport Administration Building. The current construction estimates to have the office space and tenant business center finished out is anticipated to cost $96,200.00. Annual revenue is estimated to be $27,796.50 for the office space and $4,800.00 for the tenant business center for a total estimated annual revenue of $32,596.50. Upon City Council approval, the lease for Suite L32 is anticipated to be a three-year lease with two (2) one (1) year options to renew. The construction is scheduled to begin on or about October 15, 2021 and the estimated completion date is November 1, 2021. Subject to approval of this M&C, appropriations for this project will consist of the following: Architectural Services Total For Pre -Construction Services Suite L32 - Construction (Including doors, sprinklers, walls, electrical, cabinets, HVAC, flooring, etc.) Tenant Business Center— Construction (Including doors, venting, counter tops, etc.) Total for Construction PROJECT TOTAL $11,500.00 $11,500.00 This Project is funded from the Airports Gas Lease Project Fund: Fund Airports Gas Lease Capital Project Fund Fort Worth Meacham International Airport is located in COUNCIL DISTRICT 2. 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 Unspecified project within the Aviation Gas Lease Capital Projects fund and upon approval of the above recommendation and adoption of the attached appropriation ordinance, funds will be available in the Aviation Gas Lease Cap Proj fund for the FTW Mchm Office Suite Buildout project at Fort Worth Meacham International Airport. Prior to an expenditure being incurred, the Aviation Department has the responsibility of verifying the availability of funds. Submitted for City Manaaer's Office bv: Oriainatina Business Unit Head: Additional Information Contact: Fernando Costa 6122 Roger Venables 6334 Ricardo Barcelo 5403 Kevin Huffman 5404