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Home My WebLink AboutOrdinance 26527-10-2023 ORDINANCE NO. 26527-10-2023 AN ORDINANCE ADJUSTING APPROPRIATIONS in THE 2022 BOND PROGRAM FUND IN THE AMOUNT OF $ 412,000.00, BY INCREASING APPROPRIATIONS IN THE NORTH BEACH STREET AND WESTERN CENTER BOULEVAR PROJECT (CITY PROJECT NO. 104038), AND DECREASING APPROPRIATIONS IN THE TRAFFIC SIGNALS PROGRAMMABLE PROJECT (CITY PROJECT NO PB0006.) 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 2023-2024 in the Budget of the City Manager,there shall also be adjusted appropriations in the 2022 Bond Program Fund in the amount of to $412,000.00, by increasing appropriations in the North Beach Street and Western Center Boulevard Project (City Project No.104038), and decreasing appropriations in the Traffic Signals programmable project(City Project No.PB0006)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 26453-09-2023 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which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed SECTION 4.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: CITY SECRETARY l 'k DBIack(Oct 27,202317:13 CDT) �� Assistant City Attorney Jannette S. Goodall a 0 0 4'�a + City Secretary �A o° °°�V 0�'0 °� 0—O °Z0 ADOPTED AND EFFECTIVE: October 17,2023 ��°o K 0 JJ ° Y� 000 000 /. MAYOR AND COUNCIL COMMUNICATION MAP Intersection Improvements at North Beach Street and Western Center Boulevard Project Number 104038 FEng Cna•North Arcadia Fort`rlorthY Trail Park l Basswood Blvd l lightc SUMMERFIELDS t Home Depot Westlake Ace Hardware Q Basswood Blvd BASSWOOD PARK Project Location FOSSIL PARK s�°e an ? tia i PTwin Peaks Kroger, STERLING CREEK Walgreens Photo Ad Westem Center Blvd li� Watauga Rd Albertsons® SevenN'ileC fee STONEGLEN 1 q r The Golf Club ass Steak Hou 1%' Fossil Creek Z R II ",World NorthEast� ti a P � FAIRWAY BEND 7. ea 0�4a Haltom High School P , Fossil Creek Blvd Fosd Cr�ev r i l r i z SpringHill Suites at i �« North Pa by Marriott Fort Worth... Iron Horse Home2 Suites by Hilton IV Fort Worth Fossil Creek -4 . 11 ryP Melody Hills Google II Glenview Dr Copyright 2014 City of Fort Worth.Unauthorized reproduction is a violation of applicable laws.This product is for informational purposes and may not have been prepared for or be suitable for legal,engineering,or surveying purposes.It does not represent an on-the-ground survey and represents only the approximate relative location of property boundaries.The City of Fort Worth assumes no responsibility for the accuracy of said data. City of Fort Worth, Texas Mayor and Council Communication DATE: 10/17/23 M&C FILE NUMBER: M&C 23-0879 LOG NAME: 2024 INTERSECTION IMPROVE N. BEACH ST/WESTERN CENTER BLVD-AFA SUBJECT (CD 4)Adopt a Resolution Authorizing Execution of an Advance Funding Agreement with the Texas Department of Transportation in the Amount of $842,143.00 with Federal Participation in the Amount of$462,297.00, State Participation in the Amount of$36,018.00 and Local Participation in the Amount of$343,828.00 Plus any Cost Overruns for the Intersection Improvements at North Beach Street and Western Center Boulevard Project,Adopt Appropriation Ordinance and Amend the Fiscal Years 2024-2028 Capital Improvement Program(2022 Bond Program) RECOMMENDATION: It is recommended that the City Council: 1. Adopt the attached resolution authorizing execution of an Advance Funding Agreement with Texas Department of Transportation(CSJ# 0902-90-214)in the amount of$842,143.00,with Federal participation in the amount of$462,297.00, State participation in the amount of $36,018.00,and Local participation in the amount of$343,828.00 plus any cost overruns for the Intersection Improvements at North Beach Street and Western Center Boulevard project(City Project No. 104038); 2. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the Grants Cap Projects Federal Fund, subject to receipt of the grant, in the amount of$513,663.00,of which$462,297.00 is Federal funding and$51,366.00 is City funding, transferred from the 2022 Bond Program,for the purpose of funding the North Beach Street and Western Center Boulevard project(City Project No. 104038); 3. Adopt the attached appropriation ordinance adjusting appropriations in the 2022 Bond Program Fund by increasing estimated appropriations in the North Beach Street and Western Center Boulevard project(City Project No. 104038)in the amount of$412,000.00 and decreasing appropriations in the Traffic Signals programmable project(City Project No. PB0006)by the same amount;and 4. Amend the Fiscal Years 2024-2028 Capital Improvement Program. DISCUSSION: The purpose of this Mayor and Council Communication (M&C)is to adopt a resolution authorizing execution of the Advanced Funding Agreement AFA with Texas Department of Transportation TxDOT in the amount of$842,143.00 with City participation in the amount of$343,828.00 for the (AFA) p p (TxDOT) tY Intersection Improvements at North Beach Street and Western Center Blvd.project(City Project No. 104038). The Texas Transportation Commission passed Minute Order Number 116073,and 116292 authorizing the State to undertake and complete a highway improvement or other transportation project generally described as intersection improvements at the intersection of Beach Street and Western Center Boulevard in Fort Worth,Texas. The Intersection Improvements at North Beach Street and Western Center Blvd.project intends to create a cost-effective solution to improve efficiency while increasing visibility,safety,and traffic flow.The project scope includes the rebuilding of the eastbound and west bound traffic signals, adding a separate right turn lane for westbound traffic, and pedestrian improvements to comply with Americans with Disabilities Act (ADA) regulations.The construction of the project will be the responsibility of TxDOT. This project will be let by TxDOT in June 2024.The State is responsible for all construction activities within the scope of this project.The State will be responsible for securing the Federal and State share of the funding required for the development and construction of the project. Funding appropriated by this M&C will be used for design, right-of-way, utilities and project management costs for this project.The AFA will require Fort Worth to fund cost overruns.At the end of the project,the asset will remain with the City of Fort Worth. The table below summarizes the AFA funding amounts: Total AFA Funding Amounts for the Intersection Improvements at North Beach Street and Western Center Blvd Project(City Project No. 104038) Fund Federal II State ] Local Total 34027 -2022 Bond Program Fund $343,828.00$343,828.00 Unappropriated State�� Costs $36,018.00 $36,018.00 31001 -Grants Cap Projects Federal $462,297.00 $426,297.00 Fund -Federal Participation Total AFA Funding Amounts for the Intersection Improvements at North Beach Street and Western Center Blvd Project(City Project No. 104038) Fund I Federal II State II Local I Total Total: $462,297.00 $36,018.00 $343,828.00 $842,143.00 The table below summarizes the total funding for the project: Existing Additional Project Fund Funding Funding Funding Total 34027- 2022 Bond $412,000.00 $0.00 $412,000.00 Program Fund 31001 -Grants Cap $0.00 $513,663.00 $513,663.00 Projects Federal Fund Project Total $4127000.00 $513,663.00 $925,663.00 Funding is budgeted in the 2022 Bond Program Fund for the purpose of funding the North Beach Street and Western Center Boulevard project. This project is included in the 2022 Bond Program. The City's Extendable Commercial Paper(ECP) (M&C 22-0607; Ordinance 25675-08-2022) provides liquidity to support the appropriation. Available resources will be used to actually make any interim progress payments until debt is issued. Once debt associated with a project is sold, debt proceeds will reimburse the interim financing source in accordance with the statement expressing official Intent to Reimburse that was adopted as part of the ordinance canvassing the bond election (Ordinance 25515-05-2022). Funding for the grant portion of the project was not included in the Fiscal Years 2024-2028 Capital Improvement Program because grant funding is appropriated at the time of the grant award. The action in the M&C will amend the Fiscal Years 2024-2028 Capital Improvement Program as approved in connection with Ordinance 26453-09-2023. Approval of a recommendation 3 would adjust appropriations between a programmable project and convert the North Beach Street and Western Center Boulevard project(City Project No. 104038)into a static capital project.This action is needed as future funding for North Beach Street and Western Center Boulevard project(City Project No. 104038)is anticipated from other sources and the scope of this project differs from that of current programmable project. I i The above-mentioned project is located in COUNCIL DISTRICT 4. A Form 1295 is not required because:This contract will be with a governmental entity,state agency or public institution of higher education:Texas Department of Transportation FISCAL INFORMATION/CERTIFICATION: The Director of Finance certifies that upon approval of the above recommendations and adoption of the attached appropriation ordinances,funds will be available in the current capital budget, as appropriated, in the Grants Cap Projects Federal Fund and 2022 Bond Program Fund. Prior to expenditures being incurred,the Transportation&Public Works Department has the responsibility to validate the availability of funds.This is an advance grant. Submitted for City Manager's Office b . William Johnson 5806 Originating Business Unit Head: Lauren Prieur 6035 Additional Information Contact: Monty Hall 8662 Expedited