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HomeMy WebLinkAboutOrdinance 26255-06-2023ORDINANCE NO. 26255-06-2023 AN ORDINANCE ADJUSTING APPROPRIATIONS IN THE 2014 BOND PROGRAM FUND, BY DECREASING APPROPRIATIONS IN THE FOLLOWING FORT WORTH PUBLIC ART PROJECTS: (1) FWPA-ICONIC DOWNTOWN PROJECT (CITY PROJECT NO. 102675) BY $515,685.00 AND (2) NORTH SERVICE CENTER (CITY PROJECT NO. 100210) BY $70,750.00; AND BY INCREASING APPROPRIATIONS IN THE 2021 CONCRETE RESTORATION 4 PROJECT (CITY PROJECT NO. 103207) BY THE SAME TOTAL AMOUNT OF $586,435.00; 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 2014 Bond Program Fund by decreasing appropriations in the following Fort Worth Public Art projects (1) FWPA-Iconic Downtown Program (City Project No. 102675) by $515,685.00 and (2) North Service Center (City Project No. 100210) by $70,750.00, and increasing appropriations in the 2021 Concrete Restoration 4 project (City Project No. 103207) by the same total amount of $586,435.00. From To Project No. Project Description Amount Project No. Project Description Amount 102675 FWPA-Iconic Downtown project $ (515,685.00) 103207 2021 Concrete Restoration 4 proje $ 586,435.00 100210 North Service Center project $ (70,750.00) TOTAL APPROPRIATION DECREASE $ (586,435.00) TOTAL APPROPRIATION INCREASE $ 586,435.00 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 j urisdiction, such decision, opinion or j udgment 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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: 0- of Assistant City Attorney ADOPTED AND EFFECTIVE: June 27, 2023 CITY SECRETARY Jannette S. Goodall City Secretary City of Fort Worth, Texas Mayor and Council Communication DATE: 06/27/23 M&C FILE NUMBER: M&C 23-0521 LOG NAME: 03PUBLIC ART PROJECT FUNDING RECOMMENDATIONS SUBJECT (ALL) Authorize Reallocation of Older Debt Proceeds and Pay -As -You -Go Funds between Public Art and Other Eligible Projects in Order to Expedite Usage of the Debt Proceeds and Maintain Total Funding Amount for Public Art while Adjusting Funding for Specified Projects and Adopt Appropriation Ordinances RECOMMENDATION: It is recommended that the City Council: 1. Cancel the previously planned Bonnie Brae esplanade public art project so that associated funds ($224,441.96) may be allocated toward other public art projects; 2. Adopt the attached ordinance increasing estimated receipts and appropriations in the Street Improvements Fund, in the amount of $207,414.33, from available Unspecified Public Art funds, for the 2021 Concrete Restoration Contract project (City Project No. 102882); 3. Adopt the attached ordinance adjusting estimated receipts and appropriations in the 2007 Critical Capital Projects Fund by (i) decreasing estimated receipts and appropriations in the following FWPA projects: Bonnie Brae (City Project No. 100198) by $160,685.96, Altamesa (City Project 100945) by $358,545.40, and Stop Six, Stalcup & Ramey project (City Project No. CO2114) by $166,186.53 and (ii) increasing estimated receipts and appropriations in the 2021 Concrete Restoration Contract project (City Project No. 102882) by $685,417.89; 4. Adopt the attached ordinance adjusting estimated receipts and appropriations in the Street Improvements 2008 Fund by (i) decreasing estimated receipts and appropriations in the following FWPA projects: Bonnie Brae (City Project No. 100198) by $63,756.00, Prairie Dog Park (City Project 101154) by $357,089.00, Marine Creek Parkway (City Project 101158) by $511,067.95, Summer Creek Roundabout (City Project 102772) by $187,967,24, and Overton Park Phase 2 (City Project CO2570) by $52,890.00 and (ii) increasing estimated receipts and appropriations in the Concrete Rehabilitation project (City Project No.102884) by $1,172,770.19; 5. Adopt the attached ordinance adjusting appropriations in the 2014 Bond Program Fund by (i) decreasing appropriations in the following FWPA projects: FWPA-Iconic Downtown project (City Project No. 102675) by $515,685.00, North Service Center (City Project No. 100210) by $70,750.00 and (ii) increasing appropriations in the 2021 Concrete Restoration 4 project (City Project No. 103207) by $586,435.00; and 6. Adopt the attached ordinance adjusting estimated receipts and appropriations in the General Capital Projects Fund by (i) decreasing estimated receipts and appropriations in the following projects: 2021 Concrete Restoration Contract project (City Project No. 102882) by $892,832.22, the Concrete Rehabilitation project (City Project No.102884) by $1,172,770.19, and the Concrete Rehabilitation 4 project (City Project No. 103207) by $586,435.00, and (ii) increasing estimated receipts and appropriations in the following FWPA projects: SH121 Public Art project (City Project No. c01639) by $224,441.96, Altamesa (City Project 100945) by $358,545.40, Stop Six, Stalcup & Ramey project (City Project No. CO2114) by $373,600.86, Prairie Dog Park (City Project 101154) by $357,089.00, Marine Creek Parkway (City Project 101158) by $511,067.95, Summer Creek Roundabout (City Project 102772) by $187,967.24, Overton Park Phase 2 (City Project CO2570) by $52,890.00, FWPA-Iconic Downtown project (City Project No. 102675) by $515,685.00, North Service Center (City Project No. 100210) by $70,750.00. DISCUSSION: The purpose of this Mayor and Council Communication (M&C) is to reallocate funding between identified public art projects that were allocated funds out of older debt issuances and pay-as-you-go capital projects that would be eligible uses under the issuances in question. The goal is to promptly expend the debt proceeds while maintaining the funding level for public art. The M&C also cancels a previously approved public art project to reallocate the funds as detailed below and appropriates unspecified public art funds for expedited use on an active public art project. Reallocation of Previously Appropriated Pay -As -You -Go Capital Funds (Funding Swap) A few of the projects that were included in the Fort Worth Public Art (FWPA) Plans and slated for funding out of the Street Improvements, 2007 Critical Capital Projects, Street Improvements 2008, and 2014 Bond Program Funds have been delayed due to extenuating circumstances. Because it remains uncertain when the art projects would be fully completed and the debt proceeds fully expended, staff is proposing swapping funding sources in a total cumulative amount of $2,652,037.41. The Transportation and Public Works Department has identified previously approved and funded pay -go transportation capital projects that are in process or recently completed and that meet the eligibility requirements for expenditure of the various debt obligations at issue. To get the older debt proceeds expended as expeditiously as possible, approval of this M&C and the attached ordinances would make the funding source for the transportation projects the debt proceeds funds, and the pay -go capital funding that was previously associated with those projects would be allocated to the art projects. Reallocating previously approved contract street maintenance expenses to residual debt proceeds frees up the unrestricted pay-as-you-go capital dollars, which can then be used to maintain the funding level for public art projects. The following chart shows the current pay -go capital source for the road project and how those costs would be allocated to the legacy debt proceeds: Project # Description Amount Current Fund Proposed Fund 102882 2021 Concrete $207,414.13 General Capital Street Restoration Contract Projects Fund (Pay- Improvements go) 102882 2021 Concrete $685,417.89 General Capital 2007 Critical Restoration Contract Projects Fund (Pay- Capital Projects go) 102884 Concrete $1,172,770.19 General Capital Street Rehabilitation project Projects Fund (Pay- Improvements 2008 go) Fund 103207 2021 Concrete $586,435.00 General Capital 2014 Bond Restoration 4 Projects Fund (Pay - go) TOTAL $2,652,037.41 Programming Freed -up Pay -Go Dollars to Public Art In most cases, staff recommends that the existing funding amount for the public art projects remain the same with only the source of the funding changing. In three instances, detailed below, staff is recommending that the funding for art projects be increased or repurposed. One -for -one swaps The following chart shows the art projects for which the funding source is changing but the amount is remaining constant, reflecting both their current and proposed funding sources: Project # Description Amount Current Fund Proposed Fund 100945 Altamesa $358,545.40 2007 Critical General Capital Capital Needs Projects Fund Projects 101158 Marine Creek $511,067.95 Street General Capital Parkway Improvements 2008 Projects Fund Fund 101154 Prairie Dog Park $357,089.00 Street General Capital Improvements 2008 Projects Fund Fund 102772 Summer Creek $187,967.24 Street Improvements General Capital Roundabout 2008 Fund Projects Fund CO2570 Overton Park Phase 2 $52,890.00 Street Improvements General Capital 2008 Fund Projects Fund 102675 FWPA - Iconic $515,685,00 2014 Bond General Capital Downtown Program Fund Projects Fund (Convention Center) 100210 North Service Center $70,750.00 2014 Bond General Capital Program Fund Projects Fund SUBTOTAL $2,053,994.59 + Subtotal from Below $598,042.82 TOTAL $2,652,037.41 Adjusting and Reallocating Art Funds Staff recommends additional changes for two art projects beyond simply substituting funding sources. The "Stop Six" public art project at Stalcup and Ramey has funding shortfalls and is expected to exceed its current allocation of $166,186.53. This project is anticipated to draw considerable attention and interest given its location at the heart of the multi -million dollar Choice Neighborhood Initiative grant area. Following the swap, staff recommends currently unspecified public art dollars (Recommendation 2) be added to this project, bringing the project's budget to $373,600.86. Detailed information on the nature and reasons for the various shortfalls in the project is included in an attachment to this M&C. The second change relates to funding associated with an art project that had been planned for the esplanade running down the middle of the divided roadway on Bonnie Brae. Despite general community approval of the concept for the art, its planned location proved to be highly controversial and unpopular among nearby residents. In order to keep the funding in the same general geographic area, staff proposes cancelling the Bonnie Brae project and utilizing the resulting $224,441.96 toward the State Highway (SH) 121 Art and Landscape Project. The Fort Worth Art Commission recommended the above funds reallocations on March 20th, 2023. Council Member Blaylock and Mayor Pro Tern Bivens concur with the FWAC's recommendation. The following chart shows the current and revised projects: Project # Description Amount Current Fund Proposed Fund CO2114 Current Stop Six, $166,186.53 2007 Critical General Capital Stalcup & Ramey Capital Projects Projects Fund Unspecified Public Art $207,414.33 Street General Capital Funds Improvements Fund Projects Fund Revised Stop Six, $373,600.86 General Capital Stalcup & Ramey Projects Fund 100198 Bonnie Brae (canceled) 100198 Bonnie Brae (canceled) C01639 SH121 Art & Landscaping Project SUBTOTAL $160,685.96 2007 Critical Capital Projects $63,756.00 Street $224,441.96 $598,042.82 + Subtotal from Above $2,053,994.59 TOTAL $2,652,037.41 Improvements 2008 Fund General Capital Projects Fund This will serve ALL COUNCIL DISTRICTS. A Form 1295 is not required because: This M&C does not request approval of a contract with a business entity. FISCAL INFORMATION l CERTIFICATION: The Director of Finance certifies that funds are currently available in the Unspecified -Public Art Enhan project within the Street Improvements Fund and other various projects within the 2007 Critical Capital Projects, Street Improvements 200E and 2014 Bond Program and upon approval of the above recommendations and adoption of the attached appropriation ordinances, funds will be available in the General Capital Projects Fund for the various projects. Prior to an expenditure being incurred, the Transportation Public Works and FWLab have the responsibility of verifying the availability of funds. Submitted for City Manager's Office by. Reginald Zeno 8517 Originating Business Unit Head: Richard Zavala 5704 Additional Information Contact: Martha Peters 817-298-3025 Expedited