HomeMy WebLinkAbout(0123) M&C 21-0905City of Fort Worth,
Mayor and
Texas
Council Communication
DATE: 11/30/21 M&C FILE NUMBER: M&C 21-0905
LOG NAME: 21 FUTURE CITY HALL ASSIGNED FB APPROPRIATION
SUBJECT
(ALL) Adopt the Attached Appropriation Ordinances in the Amount of $2,000,000.00 to Fund the City Hall Move for Operating Costs Associated
with Purchase, Construction, and Renovations of the Future City Hall
RECOMMENDATION:
It is recommended that the City Council:
1. Adopt the attached appropriation ordinance to increase appropriations in the General Fund in the amount of $2,000,000.00, from reducing
the fund balance, for the purpose of transferring to the General Capital Projects Fund; and
2. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the General Capital Projects Fund City Hall
Move 100 Energy Way project in the amount of $2,000,000.00 for the purpose of funding operating costs associated with the purchase,
construction, and renovation of the future City Hall (City Project No. 103133).
DISCUSSION:
The purpose of this Mayor and City Council Communication (M&C) is to adopt appropriation ordinances for the purpose of transferring the amount
of $2,000,000.00 from the Assigned Fund Balance of the City of Fort Worth (City) General Fund to the General Capital Projects Fund City
Hall Move 100 Energy Way project to fund operating costs associated with the purchase, construction, and renovations of the former Pier 1
Building, which will be designated the new City Hall.
As of September 30, 2020, the City set aside $2,000,000.00 in the Assigned Fund Balance of the General Fund to fund costs associated with the
new City Hall, as noted in the Fiscal Year 2020 Annual Consolidated Financial Report Note A. On December 15th, 2020, the City
Council authorized the acquisition of the former Pier 1 building, located at 100 Energy Way, for use as the future City Hall (M&C 20-0910). The
$2,000,000.00 balance will also be reflected as assigned in the Fiscal Year 2021 Annual Consolidated Financial Report, and is being removed
from the Assigned Fund Balance during Fiscal Year 2022.
Estimated Costs:
The overall budget for the project is as follows, inclusive of project management and design fees:
PROJECT COST
AMOUNT
Council Chambers New Construction
$16,737,500.00
Floor Buildouts and Improvements
$35,434,788.00
Parking Structure Addition
$19,230,000.00
ITS, AV, and Security Elements
$12,135,000.00
Building Infrastructure and Major Maintenance
Furniture, Fixtures, Equipment and Moving Costs
$2,328,500.00
$10,500,000.00
Project Contingency
$14,643,158.00
Original Building Purchase
$69,500,000.00
Total Project Cost
$180,508,946.00
The new City Hall is to be located in COUNCIL DISTRICT 9 but will benefit ALL COUNCIL DISTRICTS.
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 General Fund and upon approval of the above recommendations and
adoption of the attached appropriation ordinances, funds will be available in the current capital budget, as appropriated, in the General
Capital Projects Fund City Hall Move 100 Energy Way project. Prior to any expenditure being incurred, the Property Management Department has
the responsibility to validate the availability of funds.
Submitted for City Manager's Office W. Dana Burghdoff 8018
Originating Business Unit Head: Steve Cooke 5134
Additional Information Contact: Brian Glass 8088
Expedited