The URL can be used to link to this page

Home My WebLink About5. Update on 2014 and 2018 Bond ProgramUpdate on 2014 and 2018 Bond Programs Presented to City Council April 13, 2021 1 2 2014 Bond Program Status Update $219.7M $31.4M $12.7M $9.3M $1.5M $15.1M $2.4M 0 50 100 150 200 250 Prop 1: Streets Prop 2: Parks Prop 3: Library Prop 4: Fire Prop 5: Court Prop 6: Facilities Prop 7: Animal Care Millions 2014 Bond Program: Total Approved Funds = $292,121,100 75% 11% 4% 3%1% 5% 1% 3 $181.8M $28.7M $35.8M $37.9M $2.8M $5.1M $0 $50 $100 $150 $200 $250 Prop 1: Streets Prop 2: Parks Props 3-7: FacilitiesMillions Committed Uncommitted 2014 Bond Program: Total Approved Funds = $292,121,100 $246.3M, 84% $45.7M, 16% 4 Project Total Project Funds April 2021 % Complete May 2022 Projection Como Community Center -Replacement $12,388,644 100%100% Eugene McCray Community Center -Expansion $1,877,605 100%100% Handley-Meadowbrook Community Center -Expansion $2,698,417 100%100% Reby Cary Library (Eastside) -New $5,497,725 82%100% Golden Triangle Library (Far North) -New $8,927,894 100%100% Fire Station 42 (Spinks Airport) -New $5,398,468 100%100% Fire Station 43 (Far West, Walsh) -New $6,200,000 11%80% Municipal Court Facility -Renovation $2,650,000 100%100% North Service Center -New $31,397,260 100%100% Municipal Vehicle Maintenance Facility -New $8,042,818 100%100% Second Animal Care and Control Design -New $1,303,000 100%100% Silcox Animal Care and Control Facility -Expansion $1,303,900 100%100% 2014 Bond Program –Facility Project Status 5 6 Project Bond Funds April 2021 % Complete May 2022 Projection Athletic Field Development $4,350,000 90%100% Community Park Improvements $5,407,000 100%100% Heritage Park Redevelopment $1,500,000 0%30% McLeland Tennis Center $550,000 100%100% Nature Center Levee $350,000 100%100% Park Erosion Repair and Control $2,525,000 100%100% Park Roads and Parking Lots $1,317,450 100%100% Park Security Lighting $420,000 100%100% Playgrounds $2,600,000 100%100% Reserve Park Development $550,000 100%100% Rockwood Golf Course $2,000,000 100%100% Walks and Trails $1,900,000 100%100% 2014 Bond Program –Park Project Status Remaining 2014 Bond Projects 2014 Bond Program –Street Project Status 8 2018 Bond Program Status Update $261.6M $84.2M $9.9M $12.0M $13.8M $18.1M 0 50 100 150 200 250 300 Prop A: Streets Prop B: Parks Prop C: Library Prop D: Fire Prop E: Animal Care Prop F: Police Millions 2018 Bond Program: Total Approved Funds = $399,500,000 65% 21% 2%3%3% 5% 9 $123.8M $39.1M $17.7M $137.8M $45.0M $36.0M $0 $50 $100 $150 $200 $250 $300 Prop A: Streets Prop B: Parks Prop C-F: FacilitiesMillions Committed Uncommitted 2018 Bond Program: Total Approved Funds = $399,500,000 $180.6M 45%$218.8M 55% 10 2018 Bond Program -Debt Issuance Purpose Amount Authorized Amount Previously Issued 2021 Amount Being Issued Unissued Balance Streets & Mobility Infrastructure $261,630,080 $105,000,000 $49,400,000 $107,230,185 Parks & Recreation 84,180,600 26,000,000 20,000,000 38,180,600 Library 9,868,500 --9,868,500 Fire Safety 11,975,820 4,000,000 -7,975,820 Animal Care and Shelter Facility 13,770,000 -13,770,000 - Police Facility 18,075,000 15,000,000 -3,075,000 $399,500,000 $150,000,000 $83,170,000 $166,330,000 11 Fiscal Year Completed/Plan 2019 $30,000,000 2020 $120,000,000 2021 $83,170,000 2022 $83,165,000 2023 $83,165,000 Totals $399,500,000 Project Total Project Funds April 2021 % Complete May 2022 Projection Northwest Community Center -New $11,820,000 5%60% Diamond Hill Community Center -Replacement $10,900,000 15%70% Northside Community Center -Renovation $5,100,000 10%100% Sycamore Community Center -Renovation $2,710,000 5%100% Thomas Place Community Center -Acquisition $1,000,000 100%100% Rockwood Clubhouse & Maint. Facility -Replacement $7,710,000 85%100% Park Maintenance Facility –James Ave -Replacement $21,100,000 90%100% Far Southwest Library -New $9,675,000 2%60% Fire Station 26 (South Hulen) -Replacement $5,341,000 10%90% Fire Station 45 (Harmon Road, near Hwy 287) -New $6,400,000 18%100% North Animal Care and Shelter Facility -New $14,803,000 92%100% South Police Station -New $17,720,000 16%85% 2018 Bond Program –Facility Project Status 12 Completed 14 Projects Construction 10 Projects Completed 2 Projects Construction 6 Projects Design 15 Projects Planning 1 Projects April 2021 Status 13 May 2022 Status 2018 Bond Program –Park Project Status 14 Project Funding Amount Projected May 2022 Status Community Parks Alliance Community Park $3,000,000 Completed Chisholm Trail Park $2,500,000 Completed North Park $2,000,000 Completed North Z Boaz $2,000,000 Construction Marine Creek Ranch $3,000,000 Construction Riverside Park $2,000,000 Completed Neighborhood Parks Deer Meadow $500,000 Completed Kingsridge $600,000 Construction Marine Creek Lake $500,000 Construction McPherson Park $500,000 Completed Parkwood East $300,000 Construction Trail Lake Estates $450,000 Construction Tim Watson $500,000 Construction Vineyards at Heritage $410,000 Construction 2018 –Community Parks and Neighborhood Parks Chisholm Trail Park –Skate Park Alliance Park –Soccer Fields 15 Project Funding Amount Projected May 2022 Status Walks and Trails $7,500,000 Construction Park Land Acquisition $3,500,000 Completed Fort Worth Zoo -Utility Infrastructure $1,339,000 Completed Playground Equipment $750,000 Completed Athletic Field Lighting $3,000,000 Completed Erosion Repair and Control, and Dam Restoration $661,000 Completed Candleridge Park –Erosion Control North Park –Playground Concept 2018 –Other Park Categories 2018 Bond Program –Street Project Status 16 2018 –Arterial Street Project Status Projects Less Than 50% Complete by May 2022 17 2018 –Neighborhood Street Project Status Projects Less Than 50% Complete by May 2022 (CD3) (CD5) (CD7)18 2018 –Mobility Infrastructure Project Status •Intersections (Named Projects) •Sidewalks/Bicycle Lanes •Railroad Crossings •Streetlights •Traffic Signals •Neighborhood/School Safety •Bridge Rehabilitation 19 20 2018 –Intersection Project Status Projects Less Than 50% Complete by May 2022 (TXDOT) (TXDOT) (TXDOT) (TXDOT) (TXDOT) Street Program Challenges and Opportunities 2018 Bond Strategy and Challenges 2022 Bond Strategy 21 Design Phase •Jump Start funds allocated primarily for feasibility and scoping, not design initiation •Projects scoped for interim improvements to provide partial capacity or connectivity improvements that were outpaced by development •Specific infrastructure improvements, like roundabouts, were specified prior to design •Implemented limited alternative delivery methods, such as Construction Manager At Risk (CMAR), in addition to traditional Design-Bid-Build Design Phase •Begin design on select projects prior to bond issuance •Reduce design amendments by scoping projects to full MTP •Determine specific infrastructure improvements through design process •Continue using CMAR and utilize Design- Build if appropriate •Incentivize design consultants to expedite design and hold accountable through liquidated damages Street Program Challenges and Opportunities (cont.) 22 Right of Way Acquisition Phase •ROW acquisition started at 60%design phase Utility Relocation Phase •Utility relocation coordination started at 60%design phase •Limited City staff resources for utility coordination •Limited City staff capability to verify utility relocation Right of Way Acquisition Phase •Begin ROW acquisition at 30% design phase •Incorporate 2018 actual timelines for ROW acquisition into future schedules •Address ROW risk management in project selection criteria Utility Relocation Phase •Begin utility coordination at 30%design phase •Incorporate utility relocation coordination and verification into consultant contracts 2018 Bond Strategy and Challenges 2022 Bond Strategy 23 Questions?