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Home My WebLink AboutOrdinance 26280-06-2023ORDINANCE NO. 26280-06-2023 AN ORDINANCE ADJUSTING APPROPRIATIONS IN THE WATER AND SEWER COMMERCIAL PAPER FUND BY INCREASING APPROPRIATIONS IN NORTHSIDE IV ELEVATED STORAGE TANK PROJECT (CITY PROJECT NO. 104291) IN THE AMOUNT OF $680,876.00 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 Northside IV Elevated Storage Tank Project (City Project No. 104291) in the amount of $680,876.00 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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: p3 l Mack (Jul 3, 20231335 COT) Douglas W. Black Senior Assistant City Attorney ADOPTED AND EFFECTIVE: June 27, 2023 CITY SECRETARY Jannette S. Goodall City Secretary 44-pUann 4` FORT `yaaa a� ° °°pO°o°°Oleo d e9 D eao 0.~o ;_O Q* o0°e00000°e000 o° aa�4 'EXPSoa MAYOR AND COUNCIL COMMUNICATION MAP 60NSIVEST-NEELS -E STATE HIGHWAY 114 — r E STATE HIGH AY 114 � 77r," -' _ 1 � Ir. w 11 Li � • - � J+ Of Of a. JD 1 � I PRIVATE ROAD 4006 PRIVATEYROAD•4909 } ii - I •�+ [-J�' ,��.'''I ;4 1Ji + 'x '. •I COUNTY ROAD 4840 7 dW co + 'h I " I A 1, on' w F. 1A rl EP O 4 FoRT WoRTH — 0 PROPOSED NORTHSIDE IV ELEVATED STORAGE TANKf�. f City of Fort Worth, Texas Mayor and Council Communication DATE: 06/27/23 M&C FILE NUMBER: M&C 23-0534 LOG NAME: 60NSIVEST-NEELS SUBJECT (CD 10) Authorize Execution of an Engineering Agreement with Neel -Schaffer, Inc. in the Amount of $500,701.00 for the Northside IV Elevated Storage Tank project, Adopt Resolution Expressing Official Intent to Reimburse Expenditures with Proceeds of Future Debt, and Adopt Appropriation Ordinance to Effect a Portion of Water's Contribution to Fiscal Years 2023-2027 Capital Improvement Program RECOMMENDATION: It is recommended that the City Council: 1. Authorize execution of an engineering agreement with Neel -Schaffer, Inc. in the amount of $500,701.00 for the Northside IV Elevated Storage Tank; 2. Adopt the attached Resolution expressing official intent to reimburse expenditures with proceeds of future debt for the Northside IV Elevated Storage Tank Project; and 3. Adopt the attached appropriation ordinance adjusting appropriations in the Water & Sewer Commercial Paper Fund by increasing appropriations in the Northside IV Elevated Storage Tank Project (City Project No. 104291) in the amount of $680,876.00 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: This Mayor and Council Communication is to authorize the preparation of plans and specifications for the construction of Northside IV Elevated Storage Tank. Due to increased development in the Northside IV service area, it is necessary to install an elevated storage tank to provide increased capacity and delivery reliability to future customers. Neel -Schaffer, Inc. proposes to provide all the necessary design and construction administration services for a fee of $500,701.00. Staff considers the proposed fee to be fair and reasonable for the scope of services proposed. In addition to the contract amount, $180,175.00 is required for project management, real property acquisitions, and utility coordination. This project will have no impact on the Water Department Operating budget when complete. 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. 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 appropriate funds in support of the Water's portion of the City of Fort Worth's Fiscal Years 2023-2027 Capital Improvement Program, as follows: 60NSIVEST-NEELS Budget Capital j Project FY2023 CIP Change Revised Fund Name Appropriation si Authority (Increase/ FY2023 Name Decrease) Bud et g Fu:d522104291 —Coial Northside IV EST , $0.00 This M&C� $680876.00PaI Funding for the Northside IV Elevated Storage Tank Project is depicted below: ' Existing FUND I Additional Appropriations Project Total*' ;Appropriations �j Fupd 56022�1'L� $680,876.00I $680,876.00 Project L Total $0.00 $680,876.00 $680,876.00 *Numbers rounded for presentation purposes. Funding is available in Water Department's W&S Commercial Paper project within the W&S Commercial Paper Fund for the purpose of funding the Northside IV Elevated Storage Tank project. Business Equity: Neel -Schaffer, Inc. is in compliance with City's Business Equity Ordinance by committing to 10 percent MWBE participation on this project. The City's MWBE goal on this project is nine percent. The project is located in COUNCIL DISTRICT 10. FISCAL INFORMATION / CERTIFICATION: The Director of Finance certifies that funds will be available after the sale of Water and Sewer bonds in the W&S Commercial Paper Fund and upon approval of the above recommendations and adoption of the attached appropriation ordinance, funds will be available in the W&S Commercial Paper Fund for the Northside IV EST project to support the above recommendations and execution of the contract. Prior to any expenditure being incurred, the Water Department has the responsibility to validate the availability of funds. Submitted for City Manager's Office . Dana Burghdoff 8018 Originating Business Unit Head: Chris Harder 5020 Additional Information Contact: Scott Taylor 7240 Expedited