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HomeMy WebLinkAboutOrdinance 26137-04-2023ORDINANCE NO. 26137-04-2023 AN ORDINANCE INCREASING ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE CULTURE AND TOURISM CAPITAL PROJECTS FUND, IN THE AMOUNT OF $1,5 00,000.00 , FOR THE PURPOSE OF FUNDING EXECUTION OF THE DESIGN PROCUREMENT AGREEMENT FOR WRMC SHEEP AND SWINE BARN RENOVATION PROJECT (CITY PROJECT NO. 104828); 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 increased estimated receipts and appropriations in the Culture and Tourism Capital Projects Fund, in the amount of $1,500 ,000 .00 , for the purpose of funding execution of a design procurement agreement for the WRMC Sheep and Swine Barn Renovation project (City Project No . 104828). 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 -0 9-2022 and all other ordinances and appropriation s 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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: Assistant City Attorney ADOPTED AND EFFECTIVE: April 25, 2023 CITY SECRETARY Jannette S. Goodall City Secretary City of F ort Worth , T e x a s Mayor and Council Communication DA TE : 04/25/23 M&C FIL E NUMB ER: M&C 23-0331 LO G NAME : 251/vRMCSHEEPANDSWINEBARNIMP S UB JE CT (ALL) Authorize Execution of a Design Procurement Agreement with Event Facilities Fort Worth , Inc. in the Amount of $1 ,500 ,000 .00 for Architectural , Engineering and Design Services for the VvRMC-Sheep & Swine Barn Renovation Project at the WII Rogers Memoria l Center, Adopt Appropriation Ordinances and Amend Fisca l Year 2023 Adopted Budget and Fisca l Years 2023-2027 Capital Improvement Program RECOMME ND ATION · It is recommended that the City Council : 1. Authorize execution of a Design Procurement Agreement with Events Facility Fort Worth , Inc. in the amount of $1 ,500 ,000.00 for architectural , engineering and design services for the VvRMC-Sheep & Swine Barn Renovation project (City Project No. 104828) at the WII Rogers Memorial Center; 2 . Adopt the attached appropriation ordinance amending estimated receipts and appropriations in the Culture and Tourism Fund by eliminating a budgeted $156 ,101 .00 contributions to fund ba lance and increasing use of fund ba lance in the amount $1 ,343 ,899 .00 to provide a total of $1 ,500 ,000 .00 for the purpose of a transfer to the Cu lture and Tourism Capita l Fund ; 3 . Adopt the attached appropriation ordina nce increasing estimated receipts and appropriations in the VvRMC-Sheep and Swine Barn Renovation project (City Project No. 104828) of the Culture and Tourism Capital Fund in the amount of $1 ,500 ,000 .000 associated with the execution of the design procurement agreement ; and 4. Amend the Fiscal Year 2023 Adopted Budget and Fiscal Years 2023-2027 Capital Improvement Program. DI SCUSS IO N: The purpose of this Mayor and Council Communication (M&C) is to take actions associated with the Design Procurement Agreement (DPA) for architectural , design, and engineering services re lated to the reno vation and remode ling of the Sheep and Swine Barn and Livestock Handling Facilities (the Project) at the WII Rogers Memo ri al Complex (VvRMC). This Project represents one element in the larger capita l program for Public Events Department facilities , which includes substantia l investment at the VvRMC and t he Fort Worth Convention Center over the next severa l years. As with severa l past projects at VvRMC , the City is partnering with the private sector to make these improvements. Staff anticipates seeking City Council approva l later this year for the issua nce and sa le of taxable revenue bonds for the estimated $40 ,000 ,000 .00 project and for necessary construction contracts . Worl< on the facility improvements wou ld be targeted to begin in February of next year, immediately after the end of the 2024 Fort Worth Stock Show and Rodeo (FWSSR), with the Project completed in time for the 2025 FWSSR. The plan would be for one half of the cost of repaying the revenue bonds to be supported by an increased rental payment under the lease of the Southwestern Exposition and Livestock Show (SWELS) (City Secretary Contract No . 19725, as amended) for the FWSSR. The structure for this Project mirrors the previous Cattle Barn remodeling that occurred in 2018 (M&Cs G-19020 , C-28361 , C-28498 , C-28559 , and 20-0089). To make the aggressive schedu le worl<ab le , staff recommends entering into a DPA with the FWSSR non-profit support group-Events Faci lities Fort Worth Inc, (EFFW) -so that they ca n begin that process. EFFWwill reta in a design consultant to provide architect and other professiona l disciplines (by direct or by subcontract), including but not limited to architectura l and engineering services , surveyors, landscape architects, project management professiona ls, and geotechnical consultants for the design of architectural , civi l, structura l, mechanical, uti lity, road, drainage, landscape , audio/visual , and furniture , fixtures & equipment systems to develop plans necessary for renovations to Sheep Barn , Swine Barn , Show Arena and Livestock Hand ling Facilities , which are located on City owned WII Rogers Memorial Complex. Under the agreement , the City agrees to reimburse EFFW for the actua l costs of the des ign consu ltants' services up to a maximum amount of one million five hundred thousand do ll ars ($1 ,500 ,000 .00) (City 's Share). Although the pa y ment to EFFWis not expected to be made until after the bonds are authorized and so ld, approva l and execution of the design procurement agreement requi res appropriated funds. Staff recommends using existing Cul ture & Tourism Fund balance as the interim appropriation authority and as t he source to make progress payments if needed. Because the debt to be issued for the proj ect will be taxable , no reimbursement reso lution is needed for the City to reimburse itself out of the bond proceeds after they are issued later this year. Wth the DPA in place , next steps are as fo ll ows: The City and SWELS will then negotiate an extension of the agreement to hold the FWSSR at VvRMC so that it includes the commitment to provide payments to repay 50 % of the debt for the Project. The Culture and Tourism Funds wil l provide the necessary debt capacity and 50 % of the annua l debt service payments . The action in this M&C wi ll amend the Fiscal Year 2023 Adopted Budget as approved in connection with Ordinance 25773-09-2022 , Section Section 2. Specia l Revenue Funds , as listed on page 7. Fund/ Department Budget Ca tegory Cu lture and Tourism Fund Revenues Cu lture and Tourism Transfer from Genera l Fund Use of Fund Ba lance Tota l Revenues Expenditures Culture and Tourism FY202 3 Adopted Budg et $46 ,366 ,717.00 $46 ,366 ,717.00 $42 ,431 ,499 .00 Authority M&C 23-0221 25FWCVB2023CONTRACT M&C 22-0984 25FWCVB2023CONTRACT ThisM&C 25FWCVB2023CONTRACT 25FWCVB2023CONTRACT M&C 22-0984 M&C 23 -0221 Budg et Adjustment Revised FY2023 Budg et $2 ,596,047 .00 $48 ,962,764 .00 $120 ,000.00 $120,000 .00 $136 ,000 .00 $136 ,000 .00 ($136,000 .00) ($136,000.00) $1 ,343 ,899.00 $1 ,343 ,899 .00 $4,059 ,946.00 $50 ,426 ,663.00 $3 ,200 ,000 .00 $45 ,631 ,499.00 $120 ,000 .00 $120 ,000 .00 $136 ,000.00 $136 ,000 .00 $573 ,467.00 $573 ,467.00 Transfer to Ge nera l Fund T ransfer to Capita l Fund Transfer to VERF Tra nsfer to IT Refresh Capital Tran sfer to Debt Fund $9 43 ,581.00 $500 ,000.00 Co ntribution to Fund Balance /Net Position $179 ,155.00 $44 ,054 .00 $798,907 .00 $1 ,469 ,52 1.00 Total Expenditures Capital Fund Name Project Name WRMC-Sheep & 30 101 -Cu lture & Swine Barn Tourism Capita l Renovation project Projects (City Project No. 104828) $46,366,717.00 FY202~ ~IP Authority Appropriations $ -This M&C $ FISCAL INFORMATION/ CERTIFICATION : Thi s M&C 25FWCVB2023CONTRACT 25FWCVB2023CONTRACT Thi s M&C Budget Adjustment M&C 23-0221 Revised FY2023 Budget 1,500 ,000.00 $ 1,500,000.00 $1,500,000 .00 ($3,200 ,000.00) ($136 ,000 .00) ($156 ,101.00) $2 ,022 ,580.00 $4,059,946.00 $943 ,581 .0 0 $500 ,000.00 $1,500 ,000.00 $17 9 ,155.00 $44 ,054.00 $798,907 .00 ($1,730,479.00) ($136 ,000.00) ($156,101 .00) $2 ,022 ,580.00 $50,426 ,663.00 Th e Director of Fina nce certifies th at funds are currently available in th e Culture & Tourism Fund and upon approva l of th e above recommendation s and adoption of th e appropriation ordinances , fun ds will be available in th e Culture & Tourism Ca pital Fund for th e WRMC-Sheep and Swine Barn Ren project. Prior to an expe nd iture being incurred , th e Public Events Department has the respo ns ib ility of verifying th e avail ab il ity of funds. Submitted for City Manager's Office by: Wlliam Johnson 5806 Originating Business Unit Head : Michael Crum 2501 Additional Information Contact : Keith Chiso lm 2525 Expedited