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HomeMy WebLinkAboutOrdinance 26016-02-2023 ORDINANCE NO. 26016-02-2023 AN ORDINANCE ADJUSTING APPROPRIATIONS IN THE WATER AND SEWER COMMERCIAL PAPER FUND BY INCREASING APPROPRIATIONS IN WESTSIDE V ELEVATED STORAGE TANK AND TRANSMISSION MAIN PROJECT (CITY PROJECT NO. 103428)IN THE AMOUNT OF$11,852,419.00 AND DECREASING APPROPRIATIONS IN THE W&S COMMERCIAL PAPER PROJECT (CITY PROJECT NO. UCMLPR) 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 in addition to those amounts allocated to the various City departments for Fiscal Year 2022-2023 in the Budget of the City Manager,there shall also be adjusted appropriations in the Water and Sewer Commercial Paper Fund by increasing appropriations in the Westside V Elevated Storage Tank and Transmission Main Project(City Project No. 103428)in the mount of$11,852,419.00 and decreasing appropriations in the W&S Commercial Paper project(City Project No. UCMLPR)by the same amount. 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 25773-09-2022 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which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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 D81ack(Feb 17�CST) Douglas W.Black Jannette S. Goodall Senior Assistant City Attorney City Secretary oa�4FORTIl�>Z ° %O Y o d v° °=d ADOPTED AND EFFECTIVE: February 14,2023 daa o c d ° ° ,of °OO°°°°°° 'Cr n�nEX 45ggo MAYOR AND COUNCIL COMMUNICATION MAP 60SWVWATE RTMAI N-MC KE E � ��,;,: �- r4f. t �..� ���� '�- .. .. �� .s r .�' ,_—`�' .fix �.z:�•z 30 -- ; ,�-�..._�:_WEST.FWY.,_�,----- -------�---.•�-._ _ _ _ .��.,`'a=1� - ��.. �\� "• � ..�! t,�., a jo�r t �'} ,aft' �'::t'� �. °�, �t _T Z 'r°R -+. `� � ~ �' 'r'ri n 1- 4- I k •at.. q�;�.L. 'r. � ' '�`«'*!,`..�. 1. I l: \t . fit wt '+'' .e;.T't"`,,�, -a'•Fn �►_p .y' ♦. .n'gwu,. }•' 'fir t^ r„ . {h f�f� •.� �� <+ 1�+�r� •'r—d^,4Z .�.;\ A.r 3d `^ �� � "� �. :'s `'•��Ct �'�2 f�� �F�:� ¢wt'; 4` ,T���eP'�"�' `r'", v4 F �M'h. PENDING ELEVATED '! ; STORAGE TANK MARKUM RANCH � ` PUMP STATION o _ ` i PENDING WESTSIDE V �� 36 INCH WATER MAIN /TT� 24-INCH STUB OUT v'xY 24-INCH STUB OUT i ALEDO _ PROPOSED WESTSIDE V WATER I 4 TRANSMISSION MAIN a— , FORT IVORTH City of Fort Worth, Texas Mayor and Council Communication DATE: 02/14/23 M&C FILE NUMBER: M&C 23-0125 LOG NAME: 60SWESTSIDE V WATERMAIN-MCKEE SUBJECT (CD 3/FUTURE CD 3)Authorize Execution of a Contract with McKee Utility Contractors, Inc. in the Amount of$11,395,255.00 for Westside V Elevated Storage Tank and Transmission Main Project, Provide for Total Project Costs in the Amount of$12,142,419.00,Authorize Acceptance of Funds from Walsh Ranches Limited Partnership in the Amount of$290,000.00,Adopt Resolution Expressing Official Intent to Reimburse Expenditures with Proceeds of Future Debt, and Adopt Appropriation Ordinances to Effect a Portion of Water's Contribution to the Fiscal Years 2023-2027 Capital Improvement Program RECOMMENDATION: It is recommended that the City Council: 1. Authorize execution of a contract with McKee Utility Contractors, Inc.in the amount of$11,395,255.00 for the Westside V Elevated Storage Tank and Transmission Main project(City Project No. 103428); 2. Authorize the acceptance of funds from Walsh Ranches Limited Partnership in the amount of$290,000.00(City Secretary Contract No.58730); 3. Adopt attached appropriation ordinance increasing estimated receipts and appropriations in the Water and Sewer Capital Projects Fund in the amount of$290,000.00,from Walsh Ranches Limited Partnership,for the purpose of providing funding for the Westside V Elevated Storage Tank and Transmission Main project(City Project No. 103428); 4. Adopt the attached resolution expressing official intent to reimburse expenditures with proceeds from future debt for the Westside V Elevated Storage Tank and Transmission Main project;and 5. Adopt the attached appropriation ordinance adjusting appropriations in the W&S Commercial Paper Fund by increasing appropriations in the Westside V Elevated Storage Tank and Transmission Main project(City Project No. 103428)in the amount of$11,852,419.00 and decreasing appropriations in the W&S Commercial Paper project(City Project No. UCMLPR)by the same amount to effect a portion of Water's Contribution to the Fiscal Years 2023-2027 Capital Improvement Program. DISCUSSION: The purpose of this Mayor and Council Communication (M&C) is to authorize execution of a contract with McKee Utility Contractors, Inc. in the amount of$11,395,255.00 for the Westside V Elevated Storage Tank and Transmission Main project(City Project No. 103428). The project was advertised for bid on October 13 and 20,2022, in the Fort Worth Star-Telegram. On November 17,2022,the following bids were received: Bidder Unit 1 Bid Unit 2 Bid Total Bid Contract Time McKee Utility 365 Contractors, $11,105,255.00 $290,000.00 $11,395,255.00 Calendar Inc. Days Reyes Group, $111249,348.25 $350,650.75 $11,599,999.00� Ltd. Thalle Construction $11,820,078.00 $263,000.00 $12,083,078.00 of Co., Inc. V on ruction, $12,168,688.00 $330,000.00 $12,498,688.00 Walsh Ranches Limited Partnership(WRLP), pursuant to a Developer Funding Agreement(City Secretary Contract No.58730),will contribute the amount of$290,000.00 to pay for the cost of the Unit 2 Bid which consists of 24-inch stub outs as requested by WRLP during the design of this project. In addition to the contract cost, $525,059.00 is required for project management and inspection and $222,105.00 is provided for project contingency. M&C 21-0482 authorized $461,026.00 for project management, real property acquisitions, and utility coordination in relation to Kimley-Horn and Associates, Inc.'s original engineering contract. This project will have no impact on the Water Department's operating budget when complete. It is the practice of the Water Department to appropriate its CIP plan throughout the fiscal year, instead of within the annual budget ordinance,as projects commence, additional funding needs are identified, and to comply with bond covenants.The actions in the M&C will amend the City of Fort Worth's Fiscal Year 2023-2027 Capital Improvement Program as follows: 60SWESTSIDE V WATERMAINP2-MCKEE Capital Project FY2023 CIP Budget Change Revised Fund Name Authority Name Appropriations (IncreaselDecrease) FY2023 Budget Fund 56021- 103428— W&S WS V EST Commercial and $0.00 This M&C $11,852,419.00;$11,852,419.00 Paper Transmissions Main Fund 103428— 56002-W&S WS V EST Capital and i $0.00 This M&C $290,000.00i $290,000.00 Projects Transmission; Main This project is anticipated to be included in a future revenue bond issue for the Water&Sewer Fund.Available cash within the Water and Sewer portfolio and the City's portfolio along with the appropriation authority authorized under the Callable Commercial Paper Program(CP)will be used to provide interim financing for this project until debt is issued. Once debt associated with this project is sold, bond proceeds will be used to reimburse the Water and Sewer portfolio and the City's portfolio in accordance with the attached reimbursement resolution. Under federal law, debt must be issued within approximately three years in order for these expenses to be reimbursable.Adoption of the attached resolution does not obligate the City to sell bonds, but preserves the ability of the City to reimburse itself from tax-exempt bond proceeds. Funding is budgeted in the W&S Commercial Paper Fund for the purpose of funding the WS V EST and Transmission Main project,as appropriated. Funding for the WS V EST and Transmission Main project is depicted below: Existing Additional FUND Appropriations Appropriations Project Total" W&S Rev Bonds Series 2022- $9,725,584.00 $0.00 $9,725,584.00 Fund 56020 I W&S Commercial ' Paper- Fund $0.00 $11,852,419.00 $11,852,419.00 56021 I W&S Capital Projects-Fund $0.00 $290,000.00 $290,000.00' 56002 Project Total $9,725,584.00 $12,142,419.00$21,868,003.00 *Numbers rounded for presentation purposes. Business Equity-McKee Utility Contractors, Inc. is in compliance with City's Business Equity Ordinance by committing to seven percent Business Equity participation on this project. The City's Business Equity goal on this project is seven percent. The project is located in COUNCIL DISTRICT 31FUTURE DISTRICT 3. FISCAL INFORMATION I CERTIFICATION: The Director of Finance certifies that funds are currently available in the W&S Commercial Paper project within the W&S Commercial Paper Fund and upon approval of the above recommendations and adoption of the attached appropriation ordinances,funds will be available in the W&S Commercial Paper Fund and the W&S Capital Projects Fund for the WS V EST and Transmission Main project to support the approval of the above recommendations and execution of the construction contract. The Water Department(and Financial Management Services)is responsible for the collection and deposit of funds due to the City. Prior to an expenditure being incurred, the Water Department has the responsibility of verifying the availability of funds. Submitted for City Manager's Office-W. Dana Burghdoff 8018 Originating Business Unit Head: Chris Harder 5020