HomeMy WebLinkAboutIR 0727INFORMAL REPORT TO CITY COUNCIL MEMBERS
No. 23-0727
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To the Mayor and Members of the City Council
August 1, 2023
Page 1 of 2
SUBJECT: WILL ROGERS MEMORIAL CENTER CAPITAL BUDGET
FUNDING SWAP
The purpose of this Informal Report is to provide the City Council with an overview of an upcoming
proposal to swap funding sources for capital improvement projects at the Will Rogers Memorial Center
(WRMC).
With M&C 22-0789, the City Council approved the use of $8,500,000 in American Rescue Plan Act
(ARPA) dollars to fund the renovation of the lobby concourse and restrooms project (LCRP) at the Will
Rogers Memorial Center Coliseum (CPN 104227).
Negotiations are currently underway to place the responsibility for the concourse renovation project with
Event Facilities Fort Worth (EFFW), a not -for -profit organization that has historically partnered with the
City on WRMC capital projects, like the renovation of Cattle Barns 18,2 and the construction of the Tower
Promenade. The goal is to bring a higher level of efficiency to WRMC capital projects and address
concerns about the City's commitment to maintaining and improving the WRMC complex.
The use of Federal funds, like ARPA funding, requires the City to comply with certain federal regulations.
The level of documentation and process those regulations require goes beyond the intent of the proposed
agreement with EFFW. To remove that concern, Staff has developed a proposed funding swap that will
replace the ARPA funding for the WRMC Concourse Renovation with general capital funding from the
Culture and Tourism (C&T) Funds.
Funding from the following existing C&T-funded capital projects will be swapped with ARPA funding for the
WRMC Concourse Renovation Project:
ARPA Funding Swap Strategy
Project Description Total Project Budget
WRMC Coliseum Concourse Renovation $ 8,500,000.00
Minus Existing C&T Funding $ 625,000 00
NET ARPA Funding to be Swapped $ 7,875,000.00
ARPA funds from the WRMC Coliseum Concourse Renovation will be swapped with the
specified amounts for the following projects
Project Number Project Description Additional ARPA Funds
100238
WRMC Auditorium Roof Replacement
$ 897,188 36
101437
Amon Carter Door Repair
$ 263,548 00
101740
Richardson Bass System Upgrade
$ 650,000 00
102447
Justin Garage Ventilation Syst
$ 146,256 00
102511
WRMC Security Cameras
$ 100,000 00
102634
WRMC- Emergency Generator Enhance
$ 150,000 00
104044*
WRMC Escalator Replacement
$ 1,638,721 51
104369*
Portable Meeting Room Chairs
$ 1,600,000 00
104371*
Coliseum Transformer Replace
$ 878,828 88
104397*
WRMC Stall Panel Replacement
$ 801,020 87
104399*
WRMC 2023 Facility Assessment
$ 349,436 38
104994*
FWCC West Roof Repair
$ 400,000 00
$ 7,875,000.00
Projects with the
* are designated as ARPA funded moving forward.
ISSUED BY THE CITY MANAGER
FORT WORTH, TEXAS
INFORMAL REPORT TO CITY COUNCIL MEMBERS
No. 23-0727
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1075
To the Mayor and Members of the City Council
August 1, 2023
Page 2 of 2
SUBJECT: WILL ROGERS MEMORIAL CENTER CAPITAL BUDGET
FUNDING SWAP
The proposed capital projects to now be funded with ARPA dollars have been reviewed by Financial
Management Services. The projects have been approved as being ARPA-eligible.
An M&C to request City Council approval of the funding swap will be scheduled for a future City Council
meeting.
If you have any questions or concerns related to this report, please contact Michael Crum, Director of
Public Events, at 817-392-2501.
David Cooke
City Manager
ISSUED BY THE CITY MANAGER
FORT WORTH, TEXAS