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HomeMy WebLinkAboutOrdinance 25601-06-2022 ORDINANCE NO. 25601-06-2022 AN ORDINANCE INCREASING ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE WATER AND SEWER FUND IN THE AMOUNT OF $1,200,000.00, FROM AVAILABLE FUNDS, FOR THE PURPOSE OF TRANSFERRING TO THE WATER AND SEWER CAPITAL PROJECTS FUND; 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 Water and Sewer Fund in the amount of$1,200,000.00, from available funds, for the purpose of transferring to the Water and Sewer Capital Projects Fund. 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 cumulative of Ordinance 25073-09-2021 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which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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: CITY SECRETARY �5� 47qee&4e S 6x4l ll Jannette S.Goodall(Jun 30,202211:19 CDT) Taylor Paris Jannette S.Goodall Assistant City Attorney City Secretary ADOPTED AND EFFECTIVE:June 28,2022 City of Fort Worth, Texas Mayor and Council Communication DATE: 06/28/22 M&C FILE NUMBER: M&C 22-0482 LOG NAME: 60MYH2O SCRAPPED METERS PROCEEDS SUBJECT (ALL)Adopt the Attached Appropriation Ordinance in an Amount Up to$1,200,000.00 for the Proceeds Related to the Sale of Scrapped Water Meters and Amend the Fiscal Year 2022 Adopted Budget RECOMMENDATION: It is recommended that City Council: 1. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the Water&Sewer Fund, in the amount of up to$1,200,000.00,from available funds,for the purpose of transferring to the Water and Sewer Capital Projects Fund;and 2. Amend the Fiscal Year 2022 Adopted Budget. DISCUSSION: On May 17,2016,Mayor and 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. 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 for a revised contract amount of $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. On January 11,2022,M&C 22-0043 appropriated the proceeds of the sale of scrap directly into the capital project. This M&C will allow the city to properly recognize the proceeds of the sale of scrap meter into the operating fund to allow the funds to be formally transferred to the capital project. The amount of the contract($73,480,962.00)will not change and no additional funding is needed.The estimated amount of scrap meters proceeds is $1,200,000.00. The action in this M&C will amend the Fiscal Year 2022 Adopted Budget as approved in connection with Ordinance 25073-09-2021, Section 4. Enterprise Funds,as listed on page 18: Fund/Department FY2022 Adopted Revised FY2022 Budget Category Budget Authority Budget Adjustment Budget Water and Sewer Fund Revenues License and Permits $ 1,345,700.00 $ 1,345,700.00 Charges for Services $ 459,626,060.00 $ 459,626,060.00 Use of Money and Property $ 1,166,503.00 $ 1,166,503.00 Other Revenue $ 9,885,000.00 $ 9,885,000.00 Sale of Capital Asset $ 80,000.00 M&C 22-0043 $ 493,028.00 $ 573,028.00 Salvage Sales $ 25,000.00This M&C $ 1,200,000.00 $ 1,225,000.00 Transfer from Water Impact $ 11,500,000.00 $ 11,500,000.00 Transfer from Sewer Impact $ 5,000,000.00 $ 5,000,000.00 Transfer from Environ Protection Fund $ 452,726.00 $ 452,726.00 Transfer from Stormwater Utility Fund $ 1,182,816.00 $ 1,182,816.00 Transfer from Solid Waste Fund $ 1,318,236.00 $ 1,318,236.00 COI Proceeds-Refunding Portion M&C 22-0260 $ 950,000.00 $ 950,000.00 Total Revenues $ 491,582,041.00 $ 2,643,028.00 $ 494,225,069.00 Expenditures Water $ 181,248,103.00 $ 181,248,103.00 Reclaimed Water Department $ 108,421.00 $ 108,421.00 Wastewater Department $ 100,646,434.00 $ 100,646,434.00 Transfer to Water Capital Fund $ 5,121,000.00 M&C 22-0043 $ 493,028.00 $ 5,614,028.00 Transfer to General Fund for Public Art $ 480,712.00 $ 480,712.00 Transfer to General Fund for Position Expenses $ 78,953.00 $ 78,953.00 Transfer to General Fund for Energy Savings Program $ 27,116.00 $ 27,116.00 Transfer to Capital Fund $ 120,000.00 $ 120,000.00 Transfer to Water/Sewer Capital Fund $ 77,625,532.00 This M&C $ 1,200,000.00 $ 78,825,532.00 Payment in Lieu of Taxes $ 5,355,686.00 $ 5,355,686.00 Street Rental $ 23,549,018.00 $ 23,549,018.00 Transfer to Water Debt Funds $ 97,221,066.00 $ 97,221,066.00 COI Proceeds M&C 22-0260 $ 950,000.00 $ 950,000.00 Total Expenditures $ 491,582,041.00 $ 2,643,028.00 $ 494,225,069.00 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 recommendations and adoption of the attached appropriation ordinances,funds will be available in the Water and Sewer Fund to be transferred to the Water&Sewer Capital Projects for the AM -Advanced Metering Infrastructure 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: Norma Naylor 2748