Loading...
HomeMy WebLinkAboutOrdinance 26206-06-2023ORDINANCE NO.26206-06-2023 AN ORDINANCE INCREASING ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE CULTURE AND TOURISM FUND BY INCREASING TRANSFER TO CAPITAL IN AN AMOUNT UP TO $4,000,000.00 FROM AVAILABLE FUND, FOR THE PURPOSE OF TRANSFERRING TO THE CULTURE AND TOURISM CAPITAL PROJECTS FUND FOR THE 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 Fund, by increasing transfer to capital in an amount up to $4,000,000.00 from available fund, for the purpose of transferring to the Culture and Tourism Capital Projects Fund 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 25773-09-2022 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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: Assistant City Attorney ADOPTED AND EFFECTIVE: June 13, 2023 CITY SECRETARY n I -Zzz — `JJannette S. Goodall City Secretary oo� FOR��a is 0000000000 ��� P1�O -4(, �l0 O f O 00 ! Y O# 000000000000 aaap�FXA S- o`, City of Fort Worth, Texas Mayor and Council Communication DATE: 06/13/23 M&C FILE NUMBER: M&C 23-0510 LOG NAME: 25WRMCSHEEPANDSWlNEBARNFUNDS SUBJECT (ALL) Adopt Appropriation Ordinances in an Amount Not to Exceed $4,000,000 00 for the WRMC-Sheep & Swine Barn Renovation Project at the Will Rogers Memorial Center, Amend the Fiscal Year 2023 Culture and Tourism Fund Adopted Budget and Fiscal Years 2023-2027 Capital Improvement Program RECOMMENDATION: It is recommended that the City Council 1. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the Culture and Tourism Fund in an amount not to exceed $4,000,000.00 from available fund balance, for the purpose of transferring to the Culture and Tourism Capital Projects Fund for the WRMC-Sheep and Swine Barn Renovation project (City Project No. 104828), 2. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the Culture and Tourism Capital Projects Fund, in an amount not to exceed $4,000,000.00, transferred from the Culture and Tourism Fund for the purpose of funding the WRMC-Sheep and Swine Barn Renovation project (City Project No. 104828) for project cost prior to the bond sale, and 3. Amend the Fiscal Year 2023 Adopted Budget and Fiscal Years 2023- 2027 Capital Improvement Program. DISCUSSION: The purpose of this Mayor and Council Communication (M&C) is to take actions associated with the facility improvements for the Sheep and Swine Barn and Livestock Handling Facilities (Project) at the Will Rogers Memorial Complex (WRMC) targeted to begin immediately after the end of the 2024 Fort Worth Stock Show and Rodeo (FWSSR). M&C 23-0331 approved April 24, 2023 provided project funding in advance of the planned bond sale this year for the Design Procurement Agreement (DPA) with Event Facilities Fort Worth (EFFW) to start architectural design and engineering work. Likewise, to make the aggressive schedule workable, this M&C provides funding in advance of the bond sale in order to begin procurement for project components with long lead times and the Contruction Manager at Risk (CMAR) to be more fully discussed in a companion M&C from the Property Management Department (21 SHEEP AND SWINE BARN). The detailed list of long lead items is below and attached. Line # ItelEL Total Unit Price 1 Switchgear SB1 $800,000 2 Switchgear SAt & SA2 - 3 Balance of Electrical Panels - 4 RTUs $340,000 5 Computer Room Air Units (CRACs) $150,000 6 Versadeck Roof Decking $900,000 7 Rolled Steel Beams for Show Arena $475,000 8 Brick $80,000 9 GPRS / X-Ray Scanning (locate/mark underground utilities) $3,000 10 Temporary Gas Line (needed prior to demo) $50,000 11 Restoration of Irrigation/Sod @ Affected Areas $20,000 12 IT Service Relocation / Reconfiguration (needed prior to demo) $50,000 13 Sheep and Swine Stall Mock -Up $50,000 14 Horse Stall Mock -Up $50,000 15 Stall Electrical Service Mock -Up $25,000 16 RV Sewer Tap $175,000 Total Direct Costs $3,168,000 17 General Conditions $83,907 18 General Requirements $17,068 Subtotal $3,268,975 19 Administrative Costs $379,127 20 Owners Contingency (7.5 h) $245,173 21 Contractors Contingency (2.5%) $81,724 Subtotal $3,975,000 22 CMAR Pre -Construction Services $25,000 TOTAL $4,000,000 Staff recommends using existing Culture & Tourism Fund balance as the interim funding source. Because the debt to be issued for the project will be taxable, no reimbursement resolution is needed for the City to reimburse itself out of the bond proceeds after they are issued later this year. The action in this M&C will amend the Fiscal Year 2023 Adopted Budget as approved in connection with Ordinance 25773-09-2022, Section 2. Special Revenue Funds, as listed on page 7. Funding is available for appropriation in the fund balance of the Culture and Tourism Fund. Fund I Department FY2023 Adopted Budget Authority Budget Adjustment Revised FY2023 Budget Budget Category Culture and Tourism Fund Revenues Culture and Tourism $46,366,717.00 M&C 23-0221 $2,596,047.00 $48,962,764.00 Transfer from General Fund M&C 23-0330 $120,000.00 $120,000.00 Use of Fund Balance M&C 22-0984 $136,000.00 $136,000.00 M&C 23-0330 ($136,000 00) ($136,000.00) M&C 23-0331 $1,343,899 00 $1,343,899.00 This M&C $4,000,000 00 $4,000,000.00 Total Revenues $46,366,717.00 $8,059,946.00 $54,426,663.00 Expenditures Culture and Tourism $42,431,499.00 M&C23-0330 $3,200,000.00 $45,631,499.00 M&C 23-0330 $120,000.00 $120,000.00 M&C 22-0984 $136,000 00 $136,000.00 M&C 23-0221 $573,467.00 $573,467.00 Transfer to General Fund $943,581.00 $943,581 00 Transfer to Capital Fund $500,000.00 $500,000 00 M&C 23-0331 $1,500,000.00 $1,500,000.00 This M&C $4,000,000.00 $4,000,000.00 Transfer to VERF $179,155.00 $179,155.00 Transfer to IT Refresh Capital $44,054.00 $44,054.00 Transfer to Debt Fund $798,907.00 $798,907.00 Contribution to Fund Balance /Net Position $1,469,521.00 M&C 23-0330 ($3,200,000.00) ($1,730,479.00) M&C 23-0330 ($136,000 00) ($136,000.00) M&C23-0331 ($156,101.00) ($156,101.00) M&C 23-0221 $2,022,580.00 $2,022,580.00 Total Expenditures $46,366,717.00 $8,059,946.00 $54,426,663.00 Funding for the Project was included in the FY2023-2027 Capital Improvement Program for year 2024. Accelerated funding is needed for this project in advance of the bond sale to order project components with long lead times and still meet the aggressive construction schedule. The action in the M&C will amend the FY2023-2027 Capital Improvement Program as approved in connection with ordinance 25773-09-2022. 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 Culture & Tourism Fund and upon approval of the above recommendations and adoption of the appropriation ordinances, funds will be available in the Culture & Tourism Cap Projects Fund, WRMC- Sheep and Swine Barn Ren project. Prior to an expenditure being incurred, the Property Management and Public Events Departments have the responsibility of verifying the availability of funds. Submitted for City Manager's Office by, William Johnson 5806 Originating Business Unit Head: Michael Crum 2501 Additional Information Contact: Andrea Wright 2502 Expedited