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HomeMy WebLinkAboutOrdinance 25663-08-2022ORDINANCE NO. 25663-08-2022 AN ORDINANCE INCREASING APPROPRIATIONS IN THE 2022 BOND PROGRAM FUND BY $300,000,000.00, FROM AVAILABLE FUNDS, FOR EXPENSES ASSOCIATED WITH 2022 BOND PROJECTS; PROVIDING FOR A SEVERABILITY CLAUSE; MAKING THIS ORDINANCE CUMULATIVE OF PRIOR ORDINANCES; REPEALING ALL ORDINANC ES 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 amo unt s a lloc ated to the various City departments for F iscal Year 202 1-20 22 in the Budget of the C ity Manager, there shall a lso be in creased appropriations in the 2022 Bond Program F und in the a m ount of$300,000,000.00, from avail ab le funds , for expenses associated with 2022 Bond Projects. SECTION 2. That shou ld any portion , section or part of a section of this ordinance be declared in valid , 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 , sect ions, or parts of section s of this ordinance, which said remaining provi sions shall be a nd remain in full force and effect. SECTION 3. That this ordinance sha ll be c umulati ve of Ordinance 25073 -09-202 1 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in wh ich instance said conflicting provisions of said prior ordinances and appropriations are he reby express ly repealed . SECTION 4. This ordinance shall take effect upon adoption. APPROVED AS TO FORM AND LEGALITY: CITY SECRET ARY _1~S.&,~a/t Jannette S. Goodall (Aug 25, 2022 10:19 CDT) Denis C. McElroy, Assistant City Attorney Jannette S. Goodall City Secretary ADOPTED AND EFFECT IVE : August 23, 2022 ... •·· ···• .. !/ ··· ... ... / ··•...... . ... •····· .~.-- St reets and Mobility Infrastru cture Improve ments St reet Co ns t-ruct io n/Reconstruction/Reh abili.tat ion Projects AvO~-dale HasietRoad · -· · • Bailey Boswell Bailey ·Boswell (DeS1gn & Right-of-way Acquisition) Bonds .Ranch Road and Wagley Robertson Road, West Cromwell Marine c;-;~·R~d-. ·••w---. . "H~~g'.;-fr;Ze~Pk~ i(Desig~ & iirght-ot'-way AcquiSii ion) · Keller Hicks Road Meacham Blvd · Phase 2 (Design Only) Park Vista Blvd Ray White Road North Ray White Road South Trinity Blvd-Phase 2 W J Boaz Road/West Half Wagley Robertson Road (Phase I) Various Projects De teriorating Streets East La ncaster Ave East Berry St (1·35W to Martin Luther King Fwy (US-287)) Mccart Ave (IH-20 to Sycamore School Rd) Everm~n P~rkway Connector· Grade Separated Railroad Crossing Mobility Im p rovemen ts Sidewalks Blcycle Faciliti es Bridge Rehabrtitai ion Intersections Ja_ck.sb~ro Highway a t W. Northslde/N. University Camp Bowie Blvd and Bryant Irvin Rd Camp Bowie Blvd at Horne St Trinity Blvd at Eu less South Main St Bryant Irvin Rd @ Oakmount Blvd Altamesa Blvd at Woodway Dr. S. Hulen St. at W. Ris inger Rd. Forest HIil Or. a t Royal c _rest Or. E. Berry St. at S. Riverside Dr. Main Street • Downtown Signal Corridor• 7 signals Railroad Crossings Street Lights Traffic Signals Neighborhood/School Safety Vision Zero (Road Sa fety) Program Pu blic Art/Enhanced Design Publtc Art/Enhanced Design Par~ and R_~cre~tlon IITlprovements D~!n_•-~, -~r.osl~n R~_p~l,r amd _!=~~trol~ .•~~ D•~ R•~t ~~~tlo~ D_ra _~n ~g-~, -~~~~<?_:!_ Rep~_lr !."~ CC?.n1rol, and (?.am Re_sto~a_tlo':' <;o ~mu _nlty_Parks Gat~wayPa r:k: ~Y~~~I_e ~.a~_ Oak Grove Park Efho~~e ~a~ !!:"1.~ ~~P. ~onn•~l~ns Trail ~ap Connections N•i&hborhood_ Parks Nelg_hb_orhood Parks Fort_ Wort~ Zoo -UtlH ty lnfrastructur• Fort ~o.rth ~~o_-: l.l_!!~!~ l_nf_rastructure .. Community C■nt •rs Fire .stat(on Commun~ Center .• ?t~p ~~ t:t l!.b c~i:!1'!1~!l!~Y.r;en~~! Meadowbrook Golf Cou r11 Meadowbrook Golf Course Aquat (c Facllltl•s F1:1rest Park Poo l ~~pl~c~me.n~. Stop SI_~ ~qu_a_t (~ F_~c_ili~ Fort Worth Bonnie Gard•n• ~O.'1 WC?~ _BO!a~I~ G~r~e~s Fort Worth W■tar Gard1ns Fort ~o~h WaterG~rd_er:is H_orlta1_• and Paddock Pa rks ~er11:age an_d__P~d~ock ~~~ Pub li c Art/Enhanced DHl&n PubiicArt/Enh~nced OesiW) EX HIBIT A PROPOSITIO~-~ co_~PJ N_E_~T ~ 369,218,300 263,663,000 101,900,000 3,655,300 123,955,500 7,150,000 18,000,000 5,500,000 5,100,000 3,500,000 29,075,000 7,000,_000 19,200,000 7,0IJ0,000 6,500,000 13,500,000 2,430,500 _S;J_BCOMPONENT ~ STATIC[PROGRAMMABLE : 2022 APPR STATICS 17,020,000 Static 17,020,000 29,000,000 Static 1,450,000 1,000,000 Static .. 'i ,ooo:000 16,400,000 Static 16,400,000 10,970,000 Static 10,970,000 3,200,000 Static 3,200,000 9,200,000 Static 9,200,000 868,000 Static 868,000 4,950,000 Static 4,9S0,OOO 15,380,000 Static 7,92S,OOO Static 11,652,500 6,150,000 Static 615,000 12,300,000 Static 6,150,000 11,000,000 Static 5,500,000 81,100,000 Programmable 77,115,444 10,000,000 Static 5,000,000 2,500,000 Static 1,2S0,0OO 2,500,000 Static l,2S0,0OO 22,200,000 ~~~i<: 11,100,000 PB's 16,000,000 Programmable 5,000,000 6,000,000 Programmable 1,000,000 10,000,000 Programmable 10,000,000 STATICS 1,600,000 Static SS0,000 3,000,000 Static 1,200,000 2,700,000 Static 2,200,000 2,000,000 Static 1,450,000 1,600,000 Static SS0,000 3,000,000 Static 950,000 2,700,000 Static 1,400,000 2,700,000 Static 1,000,000 2,900,000 Static 1,2S0,000 3,700,000 Static 1,800,000 6,000,000 Programmable 2,000,000 12,000,000 Programmable 12,000,000 15,000,000 Programmable 6,000,000 6,000,000 Programmable 2,000,000 5,000,000 Programmable 2,500,000 Programmable 3,655,300 !,~so.~ -~rogra!l'lmable 476,~67 ~-000~000 Stat_lc 888!~89 2,000,000 ,Static 266!667 3,000,000 Static 300,000 5,000,000 Static 625,000 5,500,000 Proira mmable 733,333 5,100,000 Programmable 200,000 3,500,000 P~ogramm~~le 3,375,000 11,575,000 ·static 1.247,482 !7~~!.~ Static ~ .. ~.2~ 7,000,000 Static 1.~2,941 11,000,000 Static 6,000,000 8,_200,000 Static 1.9~,000 7,000,_000 Progra.~ma~!e 7,000,000 6,500,000 Programmable 433,333 J3.5~.~ Pro~mmable 1,989,474 2,430,500 Programmable Pub lic Libra ry Improvem ents Fa r Northwest library Far Northwest Library Publ k Art/En ha nced o~;ign·. Public Art/Enhanced Design Police and Fi re Publi c Safety Im provem ents Po lice Northwest Patro l Divis ion Police Northwest Patrol Division Fire Stat io n 16 Fire Station 16 Fi re Stat io n 37 Fire Station 37 Public Art/Enha n ced Desig n Public Art/Enhanced Design Public Art/Enhanced Design Natura l Area and Op e n Sp ac e Natural Area a nd Ope n Space Open Space Appropriations ·--. -··---· 12,505,200 : 39,321,000 . ·--. ··---· - 15,000,000 560,000,000 ___ 12,260,000 _ 245,200 18,600,000 10,450,000 9,500,000 771,000 15,000,000 560,000,000 12,260,000 StatiC ... 245,200 Programmable 18,600,000 Static 10,450,000 Static 9,500,000 Static 399,000 372,000 15,000,000 Programmable 5 60,000,000 -. -... -f ---·,· --·---·1 1,642,709 ' 2,506,227 15,000,000 300,000,000 City of Fort Worth, Texas Mayor and Council Communication DATE: 08/23/22 M&C FILE NUMBER: M&C 22-059 9 LOG NAME : 032022 BOND PROG RAM APPROPRIATION SUBJECT (ALL) Adopt Ordinance Increasing App ropriations in 2022 Bond Program Fund by $300 ,000 ,000.00 , from Availabl e Funds , fo r Expenses Associated with 2022 Bond Proj ects ; Authorize Us e of Ava ilable Cash for Interim Paym en ts , w ith Amounts to be Re imbursed on Sale of Bonds ; Adopt Ordinance Adjusting Appropriations in the Tax Note 2017 Fund; and Amend the Fiscal Yea rs 2022-2026 C apital Improvement Program (20 22 Bond Program ) · RECOMMENDATION: It is recommended that th e City Council : 1. Adopt the attached ordinance increasing appropriations in the 2022 Bond Program Fund , in the amount of $300 ,000 ,000 .00 , from available funds , for ex penses associated w ith 2022 Bond Projects ; 2 . Authorize the use of available cash for interim payments , with amounts to be reimbursed on sale of the bonds ; 3 . Adopt the attached ordinance adjusting estimated receipts and appropriations in the Tax Note 20 17 Fund , by increasing estimated receipts and appropriations in the Cromwell -Marine Creek project (City Project No.101012) by $500 ,000 .00 and decreasing estimated receipts and appropriat ions in th e Jump Start (TPW and PMD) Prog rammable Project (C ity Project No . P00099) by the same amount; and 4 . Amend the Fiscal Year 2022-2026 Cap ital Improvement Program . DISCUSSION: The primary purpose of the Mayor and Council Communication (M&C) is to adopt an approp riation ord inance for costs associated with projects in the 2022 Bond Program as follows : PROPOSITION Proposition A -Streets and Mobility Infrastructure Improvements roposition C -Public Library Improvements Proposition D -Police and Fire Public Safety Improvements Proposition E -Natural Area and Open Space jTOTALS I TOTAL 2022 AUTHORIZATION APPROPRIATION $369 ,218,300.00 $238 ,140,944.00 123,955, $12 ,505,200.00 $1 ,642 ,709.00 $39 ,321 ,000 .00 $14 ,369 ,327.00 $15,000,000 .00 $15 ,000 ,000 .00 11 $sso,ooo,ooo.oo /l $300,000,000.00 1 The total amount of funding being appropriated is supported by an extendible commercial paper program, which is the subject of a separate M&C . Available resources from pooled cash will be used to make interim progress payments on expenses until debt is issued. Once the bonds are sold , proceeds will re imburse the inte rim financing source in accordance with the statement expressing official Intent to · Reimburse that was adopted as part of the ordinance canvassing the bond election (Ord inance 25515-05-2022). Funding for this project was not included in the Fiscal Years (FY) 2022-2026 Capital Improvement Program. The action in this M&C will amend the FY2022-2026 Capital Improvement Program as approved in connection with Ord inance 25073-09-2021 . Attached are the projects and fund ing to support this appropriation. Recommendation 3 involves adoption of an ordinance to adjust appropriations in the Tax Note 2017 Fund to convert from a programmable project to a static one. The project in question (Cromwell-Marine Creek) is part of the 2022 Bond Program. The 2022 Bond Projects are located in ALL COUNCIL DIS T RICTS. 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 ordinance funds will be available in the 2022 Bond Program Fund for the specified projects. Prior to an expenditure being incurred , the Transportation and Public Works , Park and Recreation , Library, Police , and Fire Departments and Finan c ial Management Services have the responsibility of verifying the availability of funds. Submitted for City Manager's Office by: Fernando Costa 6122 Originating Business Unit Head: Richard Zavala 6222 Additional Information Contact: Cayce Lay Lamas 7934 Expedited