HomeMy WebLinkAbout(0026) M&C 22-0043City of Fort Worth, Texas
Mayor and Council Communication
DATE: 01/11/22 M&C FILE NUMBER: M&C 22-0043
LOG NAME: 60MYH2O ACCEPT FUNDS
SUBJECT
(ALL) Authorize Acceptance of Funds in the amount up to $1,700,000.00 from Proceeds of Sales of Scrap Related to MYH2O Program and Adopt
Attached Appropriation Ordinances
RECOMMENDATION:
It is recommended that City Council:
1. Authorize the acceptance of funds from Aqua Metric Sales Company, in the amount up to $1,700,000.00;
2. Adopt appropriation ordinance increasing estimated receipts and appropriations in the Water & Sewer Fund, in the amount of $493,028.00,
from available funds, for the purpose of recognizing revenue for the salvage sale of water meters.
3. Adopt appropriation ordinance increasing estimated receipts and appropriations in the Water & Sewer Capital Projects Fund in the amount
up to $1,700,000.00, transferred from available funds in the Water and Sewer Fund, for the purpose of funding the Advanced Metering
Infrastructure program (City Project No. CO2715).
DISCUSSION:
On May 17, 2016, Mayor & Council Communication (M&C) C-27726 the City Council authorized a contract with Aqua Metric Sales Company, a
registered d/b/a of Thirkettle Corporation (Aqua Metric), in the amount of $11,783,697.00 to implement planning and initial implementation of the
MyH2O Program M&C C-27726. On May 15, 2018 M&C C-28695, the City Council authorized an amendment to City Secretary Contract (CSC)
No. 48301 in the amount of $58,057,734.00 with Aqua Metric for the full City-wide deployment of advanced metering infrastructure bringing the
total contract amount to $69,841,431.00. On June 22, 2021 M&C 21-0466, the City Council authorized an amendment in the amount of
$3,639,531.00 to CSC No. 48301 for a total revised contract amount of $73,480,962.00.
This contract included the sale of scrap material that has been recognized by AquaMetric as a credit in their invoices. This M&C will appropriate
the proceeds of the sale of scrap as they must be recognized separately. The amount of the contract $73,480,962.00 will not change and no
additional funding is needed. The estimated amount of scrap meter proceeds is $1,700,000.00.
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 ordinances, funds
will be available in the W & S Capital Projects Fund for the AMI - Advanced Metering Infras 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: Suzanne Abbe 8209
Expedited