HomeMy WebLinkAboutOrdinance 26070-04-2023ORDINANCE NO. 26070-04-2023
AN ORDINANCE ADJUSTING ESTIMATED RECEIPTS AND
APPROPRIATIONS BY DECREASING ESTIMATED RECEIPTS AND
APPROPRIATIONS IN THE GRANTS OPERATING FEDERA.L FUND IN THE
AMOUNT OF $2,000,000.00, AND INCREASING ESTIMATED RECEIPTS AND
APPROPRIATIONS TO THE GRANTS OPERATING OTHER FUND BY THE
SAME AMOUNT, FOR THE PURPOSE OF FUNDING THE TXAMU
INNOVATION PROJECT (CITY PROJECT NO. 104766); PROVIDING FOR A
SEVERABILITY CLAUSE; MAKING THIS ORDINANCE CUMULATIVE OF
PRIOR ORDINANCES; REPEALING ALL ORDINANCES IN CONFLICT
HEI2EWITH; 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 estimated receipts and appropriations by decreasing
estimated receipts and appropriations in the Grants Operating Federal Fund in the amount of $2,000,000.00,
and increasing estimated receipts and appropriations to the Grants Operating Other Fund by the same amount,
for the purpose of funding the TXAMU Innovation Project (City Project No. 104766).
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said prior ordinances and appropriations are het�eby expressly repealed.
SECTION 4.
This ordinance shall take effect upon adoption.
APPROVED AS TO FORM AND LEGALITY:
�ta s�`�-
Assistant City Attorney
ADOPTED AND EFFECTIVE: April 11, 2023
CITY SECRETARY
�hcxs:t % .h1'l�itas-�
Jannette S. Goodall .�.�ob���r
City Secretary
<
O
I
City of Fort Worth,
Mayor and
Texas
Council Communication
DATE: 04/11/23 M&C FILE NUMBER: M&C 23-0284
LOG NAME: 17ARPA FWTC INNOVATION PARTNERSHIP
SUBJECT
(CD 9/ Future CD 9) Approve Allocation from the American Rescue Plan Act State and Local Fiscal Recovery Funds in the Amount of
$2,000,000.00 to Provide Services by the Fort Worth - Tarrant Counry Innovation Partnership that Support the Growth and Success of the Texas
A&M University System Research and Innovation Hub and the Surrounding Area, Amend Mayor and Council Communication 22-1076 to Revise
the Appropriation Ordinance and Source of Funding from Tarrant County and Adopt Appropriation Ordinances
RECOMMENDATION:
It is recommended that the City Council:
Approve the allocation of $2,000,000.00 from the American Rescue Plan Act State and Local Fiscal Recovery Funds for the Texas A&M
University System Research and Innovation Hub;
Amend Mayor and Council Communication 22-1076 to revise the appropriation ordinance and source of funding from Tarrant County;
Adopt the attached appropriation ordinance adjusting estimated receipts and appropriations by decreasing estimated receipts and
appropriations in the Grants Operating Federal Fund in the amount of $2,OD0,000.00 and increasing estimated receipts and appropriations
in the Grants Operating Other Fund by the same amount, for the purpose of funding the TXAMU Innovation Project (City Project No. 104766);
and
Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the Grants Operating Federal Fund in the
amount of $2,000,000.00 for the purpose of funding the TXAMU Innovation Project (City Project No 104766).
DISCUSSION:
On December 13, 2022, the City Council approved Mayor and Council Communication(M&C) 22-1076 authorizing the execution of an Interlocal
Agreement between the City of Fort Worth, Tarrant County and Fort Worth Now to partner on the creation of an entity to assist with the
synchronization and success of the Texas A&M System Research and Innovation Hub which consists of the new Texas A&M Law & Education
building and two additional Texas A&M occupied buildings (Innovation Hub) and surrounding district-wide vision. The entity will work with
developer(s), Texas A&M University System (TAMUS), corporate tenants, entrepreneurs, and local stakeholders to maximize the impact of the
collaboration between the City of Fort Worth (City) and Tarrant County (County), local industries and top research, education, and workforce
training assets of the Texas A&M system.
To leverage existing resources, the City and County will utilize the current and mostly inactive Fort Worth Now non-profit corporation by legally
amending it to become the Fort Worth - Tarrant County Innovation Partnership (FWl-CIP), retaining Jarratt Watkins, the current Executive Director
of Fort Worth Now to assist with modifying the legal name, amending the bylaws with its new purpose, and creating a new board of directors. The
new board of directors will be led by the City and County appointees. This new entity will help spark a vibrant innovation district that attracts world-
class tenants and partners, creates partnerships between TAMUS, the Ciry, County, and corporate tenants to build a thriving downtown innovation
ecosystem. The Innovation Hub will be a major opportuniry for economic development and growth in the City and Counry. Initial key areas of focus
and services to be provided by the FWTCIP will include, but not limited to the following;
Real Estate Development Support
• Serve as lead in coordinating planning efforts to integrate TAMUS designed and constructed building with developer/City efforts to design
and construct the Research and Innovation Building and Gateway Conference Center Building and associated spaces (plaza, parking, etc.).
• Coordinate the activities of partners involved in the development of the Innovation Hub and surrounding area.
• Participate in commercial tenant/partner recruitment.
• Provide coordination on behalf of all parties in connection with negotiations of the development agreement between the City, TAMUS and
chosen Innovation Hub developer.
Research and Innovation
• Promote to local, regional and national industry partners the commercialization opportunities associated with the Innovation Hub.
• Work with local and state partners supporting entrepreneurs' efforts throughout the community.
Stakeholder and Community Engagement
• Secure local and regional philanthropy to help support the TAMUS Urban Campus development through fund raising associated with
business opportunities emerging from the Innovation Hub.
• Coordinate partner engagement and community stakeholder meetings.
Economic Development
• Assist with planning efforts to support future growth of the TAMUS Urban Campus and surrounding district-wide vision.
• Coordinate with City, County and Chamber economic development groups the opportunities for the use of incentives to help development in
and around the TAMUS Urban Campus.
In consideration of the services to be performed by FWTCIP, the City and County have agreed to pay up to $4,000,000.00 spread out over the
four-year term of a Services Agreement with FWTCIP from funding provided by both the City and Tarrant County. Funds will be used for setting up
the new entity and providing services outlined in the agreement. Under the terms of the Agreement, the County will make available a total amount
not to exceed $2,000,000.00 to the City for purposes of paying FWTCIP under the Services Agreement, and remit payment to the City in four
equal payments of $500,000.00 beginning annually on or about January 31, 2023 and ending on or about January 31, 2026. The City will make
available an amount not to exceed $2,000,000.00 for purposes of paying FWTCIP under the Services Agreement, for a total budget of
$4,000,000.00.
Under the previously approved M&C 22-1076, it was indicated that both the City and the County would be utilizing American Rescue Plan Act
(ARPA) dollars under Section 603(c)(1)(C) of Title VI of the Social Security Act (added by ARPA) to fund their respective participation in the
Innovation Hub. Tarrant Counry has now elected to provide their $2,000,000.00 allocation from another funding source, so the previously approved
appropriation ordinance will need to be amended to revise the funding account from the Grants Operating Federal Fund to the Grants Operating
Other Fund. The City portion of $2,000,000.00 will come from the already set aside $5,000,000.00 in ARPA funding dedicated to the Innovation
Hub.
Allocation of ARPA Subtitle M Fundina
Responding to the negative health and economic impacts of the coronavirus pandemic is a specifically identified use of ARPA dollars under
Section 603(c)(1)(C) of Title VI of the Social Security Act (added by ARPA). Treasury Department guidance specifically notes that these Fiscal
Recovery Funds can be deployed for the provision of government services in support of the economic recovery of the City and community.
Providing matching funds for eligible joint projects with other agencies was also determined to be a qualified priority by City Management for
ARPA funding as approved by the City Council by M&C 21-0445 on June 22, 2021. ARPA funds must be committed by December 31, 2024 and
spent by December 31, 2026.
Approval of this M&C will allocate $2,000,000.00 for Fiscal Year 2023 in the American Rescue Plan Act project in the Grants Operating Federal
Fund budget for transfer to the TXAMU Innovation Project. Necessary reporting and documentation requirements will be followed to ensure the City
can comply with all reporting requirements of the ARPA legislation.
The following chart reflects the current status for allocation of the City's ARPA funding under Subtitle M and incorporates each ARPA M&C on the
October 19, 2021 Council Agenda:
M&C's
Total CFW ARPA Subtitle M�173,745,090.00 21-0445 362021 AMERICAN RESCUE PLAN
Funding
Allocations Approved To- 6,000,000.00 21-0794 25ARPA-VFW-TDG
Date
Allocations Approved To- �,000,000.00 21-0805 13ARPA-ADMINISTRATION
Date
Allocations Approved To- 4,245,533.42 21-0810 17ARPA A�LOCATIONS EVANS & ROSEDALE
Date REDEVELOPMENT
Allocations Approved To- 2,400,000.00 21-0811 17ARPA ALLOCATIONS UNTHSC TECNSTARS
Date _
Allocations Approved To- 10,100,000.00 21-0814 19ARPA ALLOCATIONS TO HOUSING AND HUMAN
Date SERVICES PROJECTS
_._..._.---...---
Allocations Approved To- 3,000,000.00 21-0809 19ARPA ALLOCATION CDFI FRIENDLY AMERICA
Date
Allocations Approved To=� 300,000.00 21-0820 25ARPA-WRMC MURAL PLAQUES
Date
Allocations Approved To- 6,400,000.00 21-0935 21ARPA-PEG FUNDING-FUTURE CITY HALL
Date
Allocations Approved To- g�000,000.00 21-0908 23ARPA-VACCINATIONS AND TESTING
Date__.. _.._...._....__....._._
Allocations Approved To- � 4,560,000.00 21-0913 25ARPA-PED\ CAPITAL\ RESTORE
D ate
Allocations Approved To- 52,000,000.00 21-0934 21ARPA-FWCC EXPANSION FUNDING & PROJECT
Date MANAGEMENT
Allocations Approved To- 3,000,000.00 22-0268 17ARPA CENTER FOR TRANSFORMING LIVES
Date
Allocations Approved to- 5,000,000.00 22-0270 19ARPA ALLOCATION FOR PERMANENT
Date SUPPORTIVE HOUSING
(Dateations Approved to= �� � 091,047.00 RATIFICAT ON ARP ALBOCATOION wlFl CARES
Allocations Approved to- 3,595,000.00 22-0366 04ARPA INFRASTRUCTURE PROGRAM
Date
Allocations Approved to- � 3,675,000.00 22-0367 04ARPA CYBERSECURITY PROGRAM
Date
Allocations Approved to- 22-0789 MMA INFRASTRUCTURE — STREETLIGHTS &
Date � 16,000,000.00 PEDESTRIAN SAFETY
Dlateations Approved to- 2,500,000.00 PARKS MMA INFRASTRUCTURE — COBB & HIGHLAND HILLS
Allocations Approved to- 3,200,000.00 22-0789 TARRANT AREA FOOD BANK FACILITY
Date
Allocations Approved to- 2,000,000.00 22-0789 POLICE AND FIRE COVID WORKER'S
Date COMPENSATION CLAIMS
Allocations Approved to- 1,458,372.00 22-0789 POLICE COVID HEA�TH EXPENDITURES
Date
Allocations Approved to- 750,000.00 22-0789 VISIT FORT WORTH SPECIAL EVENT FUNDING
Date
Allocations Approved to- 4,411,080.00 22-0789 UNITED WAY ONE SECOND COLLABORATIVE
Date
Allocations Approved to- g,000,000.00 22-0789 DEEPLY AFFORDABLE HOUSING INFRASTRUCTURE
Date & DRAINAGE
Allocations Approved to 22-0789 FORT WORTH ZOO ROAD REPAIR, EROSION
Date 1,500,000.00 CONTROL, BROADBAND
Allocations Approved to 22-0789 TX WESLEYAN ON-CAMPUS PUBLIC UTILITY
Date � 200,000.00 RELOCATION
Allocations Approved to- 1,925,000.00 22-0789 WILL ROGERS MC AIR HANDLER REPLACEMENT
Date
Allocations Approved to- 5,950,000.00 22-0789 WILL ROGERS MC CONCOURSE, LOBBY AND
Date __� RESTROOM UPDATES
Pending Allocation $2,000,000.00 17ARPA FWTC INNOVATION PARTNERSHIP (This M&C)
Remaining Unallocated $3,484,057.58
Balance
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 available in the Grants Operating Federal Fund, and upon approval of the above recommendations,
funds will be available in the current operating budgets, as appropriated, of the Grants Operating Federal and Grants Operating Other Funds'
TXAMU Innovation Project. The Economic Development Department shall be responsible for ensuring that only expenditures allowable under the
American Rescue Plan Act are charged to the ARPA funding source.
Submitted for City Manager's Office by_ William Johnson 5806
Originating Business Unit Head: Robert Sturns 2663
Additional Information Contact: Robert Sturns 2663