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HomeMy WebLinkAboutOrdinance 25664-08-2022ORDINANCE NO. 25664-08-2022 AN ORDINANCE ADJUSTING RECEIPTS AND APPROPRIATIONS IN THE TAX NOTE 2017 FUND, BY INCREASING RECEIPTS AND APPROPRIATIONS IN THE CROMWELL-MARINE CREEK PROJECT (CITY PROJECT NO. 101012) IN THE AMOUNT OF $500,000.00 AND DECREASING ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE JUMP START (TPW AND PMD) PROGRAMMABLE PROJECT (CITY PROJECT NO. P00099) BY THE SAME AMOUNT; 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 th e budget of the City of Fort Worth for Fiscal Year 2021-2022, as e nacted by Ordinance 25073-09- 202 1, as amended, is here by further amended to make the following adjustments in the Tax Note 2017 Fund: increase recei pt s and appropriations in the Cromwell-Marine Creek project (City Project No.101012) in the amount of $500,000.00 and decrease receipts and appropriations in the Jump Start (TPW and PMD) Programmable Project (City Project No. P00099) by the same amount. SECTION 2. That should any portion, section or part of a section of thi s ordinance be declared invalid , inoperative or void for any reaso n by a court of competent juri s diction , such decis ion, opinion or judgment shall in no way impair the remaining portions, sections, or parts of sections of this ordinance , which said remaining provi s ions 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in which in stance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed .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: Denis C. McElroy Assistant City Attorney ADOPTED AND EFFECTIVE: August 23, 2022 CITY SECRET ARY .1~ s. gt:NJa/t Jannette S. Gooda ll (Aug 25 , 202210:19 CDT) Jannette S. Goodall City Secretary DESCR IPTI ON Streets and Mobility Infrastructure Improvements Street Construction /Recon structio n/Re ha bilita tion Projects Avondale Haslet Road Bailey Boswell Bailey Boswell (Design & Rig ht-of-way Acqu isition) Bonds Ranch Road and Wagley Robertson Road, West Cromwell Marine Creek Road Heritage Trace Pkwy l(Oesign & Right-of-way Acquisition) Keller Hicks Road Meacham Blvd -Phase 2 (Design Only) Park Vista Blvd Ray W hite Road North Ray White Road South Trinity Blvd-Phase 2 W J Boaz Road/West Half Wagley Robertson Road (Phase I) Various Projects Deteriorating Streets East Lancaster Ave East Berry St (l-3SW to Martin Luther King Fwy (US-287)) Mccart Ave (IH-20 to Sycamore School Rd) Everman P!rkway Connector -Grade Separated Ra ilroad Crossing Mobility Improve ments Sidewalks Bicycle Facilities Bridge Rehabil itation Intersections Jacksboro Hi ghway at W. Northside/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 Or. S. Hu le n St. at W. Risinger Rd. Forest Hill Dr. at Royal Crest Dr. E. Berry St. at S. Riverside Dr. Main Street -Downtown Signal Corridor-7signals Ra ilroad Crossings Street lights Traffic Signals Neighborhood/School Safety Vision Zero (Road Safety) Program Public Art/Enhanced Desi gn Public Art/Enhanced Design Park and Recreation Improvements Dralna1•, Erosion Rapalr and Control, and Dam Rastoratlon Drainage, Erosion Repair and Control, and Dam Re storation Community Parks Gateway Parle Sycamore Park Oak Grove Park Echo La ke Park Trill Gap Connactlons Tra il Ga p Connections Noichborhood Parks Neighborhood Parks Fort Worth Zoo-Utility lnfrastructur■ Fort Worth Zoo -utility Infrastructure Community Cant•rs Fire Station Community Ce nter Stop Six Hub Community Center Maadowbrook Golf Coursa Meadowbrook Golf Course Aquatic Fadlltlos Fo rest Park Pool Replacement Stop Six Aquatics Facility Fort Worth Botan ic Gardon • Fort Worth Botanic Gardens Fort Worth Wator Gardon, Fort Worth Water Ga rdens Horltaco and Paddock Parks Heritage and Paddock Parks Public Art/Enhancod Doslcn Public Art/Enhanced Design EX HIBIT A PROPOSITION S COMPO NENT S 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 7,000,000 6,500,000 13,500,000 2,430,500 SUBCOMPONENTS STATl (lPROGRAMMABLE 2022 APPR STATICS 17,020,000 Static 17,020,000 29,000,000 Static 1,450,000 1,000,000 Static 1,000,000 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 4,950,000 15,380,000 Static 7,925,000 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 1,250,000 2,S00,000 Static 1,250,000 22,200,000 Static 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 850,000 3,000,000 St atic 1,200,000 2,700,000 Static 2,200,000 2,000,000 Static 1,450,000 1,600,000 Static 850,000 3,000,000 Static 950,000 2,700,000 Static 1,400,000 2,700,000 Static 1,000,000 2,900,000 Static 1,250,000 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 7,150,000 Programmable 476,667 8,000,000 St atic 888,889 2,000,000 Static 266,667 3,000,000 Static 300,000 S,000,000 Static 625 ,000 5,500,000 Programmable 733,33 3 S,100,000 Programmable 200,000 3,500,000 Programmable 3,375,000 11,575,000 Static 1,247,482 17,500,000 Static 4,190,234 7,000,000 Static 1,152,941 11,000,000 Static 6,000,000 8,200,000 Statjc 1,968,000 7,000,000 Programmable 7,000,000 6,500,000 Programmable 433,333 13,500,000 Programmable 1,989,474 2,430,500 Programmable Public Library Improvements 12,505,200 Far Northwes t Library 12,260,000 Far Northwest Library 12,260,000 Static 1,642,709 Pub lic Art/Enhanced Design 245,200 Publ ic Art/Enhanced Design 245,200 Programmable Police and Fire Public Safety Improvements 39,321,000 Police Northwest Pa trol Division 18,600,000 Po lice Northwest Patrol Division 18,600,000 Static 7,556,250 Fire Station 16 10,450,000 Fire Station 16 10,450,000 Static 4,306,850 Fire Station 37 9,500,000 Fire Station 37 9,500,000 Static 2,506,227 Public Art/Enhanced Design 771,000 Public Art/Enhanced Design 399,000 Public Art/Enhanced Des ign 372,000 Natural Area and Op e n Space 15,000,000 Natural Area and Open Space 15,000,000 Open Space Appropriations 15,000,000 Programmable 15,000,000 560,000,000 560,000,000 560,000,000 300,000,000 City of Fort Worth, Texas Mayor and Council Communication DATE: 08/23/22 M&C FILE NUMBER: M&C 22-0599 LOG NAME: 032022 BOND PROGRAM APPROPRIATION SUBJECT (ALL) Adopt Ordinance Increas ing Appropriations in 2022 Bond Program Fund by $300 ,000 ,000.00 , from Available Funds, for Expenses Associated with 2022 Bond Projects ; Authorize Use of Available Cash for Interim Payments , with Amounts to be Reimbursed on Sale of Bonds; Adopt Ordinance Adjusting Appropriations in the Tax Note 2017 Fund ; and Amend the Fiscal Years 2022-2026 Capital Improvement Program (2022 Bond Program) RECOMMENDATION: It is recommended that the 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 expenses associated with 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 2017 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 appropriations in the Jump Start (TPW and PMD) Programmable Project (City Project No . P00099) by the same amount; and 4 . Amend the Fiscal Year 2022-2026 Capital Improvement Program. DISCUSSION: The primary purpose of the Mayor and Council Communication (M&C) is to adopt an appropriation ordinance for costs associated with projects in the 2022 Bond Program as follows : PROPOSITION Proposition A -Streets and Mobility Infrastructure Improvements on B -Park and ·on Improvements on C -Public Library nts D -Police and Safety a TOTAL 2022 AUTHORIZATION APPROPRIATION $369,218,300.00 $238,140,944.00 $123,955 ,500 .00 $30,847,0 . $12,505,200 .00 $1,642,709 .00 $39,321,000.00 $14 ,369,327 .00 $15,000 ,000.00 $15 ,000,000 .00 $560,000,000.00 $300 ,000 ,000.00 The total amount offunding 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 reimburse the interim financing source in accordance with the statement expressing official Intent to Reimburse that was adopted as part of the ordinance canvassing the bond election (Ordina nce 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 Ordinance 25073-09-2021. Attached are the projects and funding 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 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 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 Financial 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