HomeMy WebLinkAboutOrdinance 25699-09-2022 ORDINANCE NO.25699-09-2022
AN ORDINANCE INCREASING ESTIMATED RECEIPTS AND
APPROPRIATIONS IN THE TAX INCREMENT REINVESTMENT ZONE-
GENERAL CAPITAL FUND IN THE AMOUNT OF $200,000.00, TRANSFERRED
FROM AVAILABLE FUNDS IN THE TAX INCREMENT REINVESTMENT ZONE
NUMBER TWELVE-EAST BERRY RENAISSANCE FUND,FOR THE PURPOSE
OF FUNDING THE BERRY STREET CORRIDOR PROJECT (CITY PROJECT
NO. 104214); 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 Tax
Increment Reinvestment Zone- General Capital Fund in the amount of $200,000.00, transferred from
available funds in the Tax Increment Reinvestment Zone Number Twelve-East Berry Renaissance Fund,for
the purpose of funding the Berry Street Corridor project(City Project No. 104214).
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said prior ordinances and appropriations are hereby expressly repealed.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
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Dilack(Sep 19,202215:22 CDT) Jannette S.Goodall(Sep 19,202215:23 CDT)
Douglas W.Black Jannette S.Goodall
Assistant City Attorney City Secretary
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ADOPTED AND EFFECTIVE: September 13,2022 V\
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City of Fort Worth, Texas
Mayor and Council Communication
DATE: 09/13/22 M&C FILE NUMBER: M&C 22-0689
LOG NAME: 20BERRY STREET CORRIDOR STUDY
SUBJECT
(CD 5,CD 8,and CD 9)Adopt Appropriation Ordinances for the East Berry Street Corridor Project in the Collective Amount Up to
$700,000.00 and Authorize Execution of a Tax Increment Financing Development Agreement with Tax Increment Reinvestment Zone Number
Twelve-East Berry Renaissance for an Amount Up to$200,000.00 and Amend the Fiscal Years 2022-2026 Capital Improvement Program
RECOMMENDATION:
It is recommended that the City Council:
1. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the General Capital Projects Fund in the
amount of$500,000.00,from available funds for the purpose of funding the East Berry Street Corridor project(City Project No. 104214);
2. Authorize execution of a Tax Increment Financing Development Agreement with Tax Increment Financing Reinvestment Zone Number Twelve
(East Berry Renaissance)for an amount up to$200,000.00;
3. Adopt the attached appropriation ordinance increasing the estimated receipts and appropriations in the Tax Increment Reinvestment Zone-
General Capital Fund in the amount of$200,000.00 transferred from the Tax Increment Reinvestment Zone Number Twelve-East Berry
Renaissance Fund,for the purpose of funding the Berry Street Corridor project(City Project No. 104214); and
4. Amend the Fiscal Years 2022-2026 Capital Improvement Program.
DISCUSSION:
East Berry Street extends from IH-35W to Cravens Road,along the western shore of Lake Arlington.The corridor project will include pre-
engineering for a multi-modal,walkable mixed-use corridor. In order to enhance connectivity and access to jobs and project delivery,it is essential
to understand community desires and any physical constraints,such as utility relocation.There are also opportunities to leverage momentum and
funding sources across the City and with State and Federal partners.
On May 7,2022, Fort Worth voters approved the 2022 Bond Program. Proposition A, Streets and Mobility Infrastructure Improvements,includes
$2.5 million in funding for implementation of the East Berry Street Corridor improvements(City Project No. 104222)from IH-35W to Martin Luther
King Freeway(US 287).This corridor project will encourage complete streets design to enhance safety and comfort for all users,support
transit and provide necessary elements for swift capital delivery and economic development.
On June 1,2022,the Board of Directors for Tax Increment Financing Reinvestment Zone Number Twelve(East Berry Renaissance)
("TIF")approved the expenditure of up to$200,000.00 to fund a design and planning study along the East Berry Street Corridor.The City and the
board of Directors for the TIF will enter into an agreement whereby the City will be reimbursed for the study with TIF funds.
Upon approval of this Mayor and Council Communication(M&C),all appropriations and funding will be as summarized in the table below:
F—Fu-n—d-I tity Appropriation Amount
30100 General Capital Projects 11 _$500,OOO.OQ
30286 TIRZ-General Capital $200,ODO.00
The project will follow a four-step planning process,including public outreach,which will begin in fall 2022. First,a needs assessment will be done
to document existing conditions,such as traffic counts, mode split,safety,access management,and other analysis.Second, concept development
will focus on cross-sections that specify cars,freight,transit,pedestrian and bicycle improvements.The corridor will also benefit from public
spaces for all-ages and community uses,parking management,smart technologies, and street grid connections.Third, recommendations and
implementation strategies will address near-term,short-term(24 years), medium-term(5-10 years)and long-term(11 plus years).Fourth,the final
plan and project program will include a prioritized list of capital projects with cost estimates and funding sources; as well as, proposed ordinances
and regulating plan.
Funding for this project was not included in the Fiscal Years 2022-2026 Capital Improvement Program(CIP)because the project and funding
sources were unknown at the time of its development.This action in this M&C will amend the Fiscal Years 2022-2026 Capital Improvement
Program as approved in connection with Ordinance 25073-09-2021.
The East Berry Street Corridor is located in COUNCIL DISTRICTS 5,8,AND 9.
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 Unspecified-All Funds project within the General Capital Projects Fund
and in the TIRZ#12-East Berry Renaissance Fund and upon approval of the above recommendations and adoption of the attached appropriation
ordinances,funds will be available in the General Capital Projects Fund and the TIRZ-General Capital Fund for the Berry Street Corridor Plan
project. Prior to an expenditure being incurred,the Transportation Public Works Department has the responsibility of verifying the availability of
funds.
Submitted for City Manager's Office by: William Johnson 5806
Originating Business Unit Head: Lauren Prieur 6035
Additional Information Contact: Monty Hall 8662
Mary Elliott 7844