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Home My WebLink AboutOrdinance 26541-10-2023 ORDINANCE NO.26541-10-2023 AN ORDINANCE ADJUSTING APPROPRIATIONS in THE 2022 BOND PROGRAM FUND IN THE AMOUNT OF $ 370,000.00, BY INCREASING APPROPRIATIONS IN THE SOUTH HULEN STREET AT SOUTH DRIVE HIGHWAY SAFETY IMPROVEMENTS PROJECT(CITY PROJECT NO.104095), 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$370,000.00,by increasing appropriations in the South Hulen Street at South Drive Highway Safety Improvements Project(City Project No.104095),and decreasing appropriations in the Traffic Signals programmable project(City Project No.P130006)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 incorporated into the ordinance effecting the budget of the municipal government of the City of Fort Worth for the ensuing Fiscal Year beginning October 1,2023,and ending September 30, 2024, 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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 ) DBlack(Nov 6,202317:45 CST) Assistant City Attorney Jannette S. Goodall City Secretary ADOPTED AND EFFECTIVE:October 17,2023 MAYOR AND COUNCIL COMMUNICATION MAP CPN 104095 SOUTH DR W AND S HULEN ST INTERSECTION IMPROVEMENTS FORTWORTH,I' ale: R " e — •c. � � jr ' I 1 J , It , Nor- APO ' v r ` Ile" '"•.- ` - ... * _:.., _ w � SOUTH DR W ______ " ' w '. to .� �'y� ,,- _;�� .� • I j '' �� ..rat J .:a • � - ir- iy ,a , ti t a_ { I 1 r rf ,r, ■ji y l r' i. � � ..: i k 14 t z26 h • rt � Zt = � � �1■ ar• 21 60 . ff! \k� 2a t ((•' - \L 10 21 lot N , 1j # Legend _m F „ City Streets 77 Ilk I Location of Intersection LOCATION 1 11` � j�f 0 0.0325 0.065 AREA Miles .,oim a tli _nA ..r, lnr.. it;o [ orinl ,. tHil- itP:ni .1 CFf4 ^Id 09 HU _GUT ,.m-I _ City of Fort Worth,Texas Mayor and Council Communication DATE: 10/17/23 M&C FILE NUMBER: M&C 23-0890 LOG NAME: 20S HULEN ST AT SOUTH DR ADVANCE FUNDING AGREEMENT SUBJECT (CD 6)Adopt a Resolution Authorizing Execution of an Advance Funding Agreement with the Texas Department of Transportation in the Amount of $796,658.00 with Federal Participation in the Amount of$540,346.00,State Participation in the Amount of$33,623.00 and Local Participation in the Amount of$222,689.00 for the South Hulen Street at South Drive Highway Safety Improvement Project,Adopt Appropriation Ordinances,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 the Texas Department of Transportation(CSJ #0902-90-207)in the amount of$796,658.00 with Federal participation in the amount of$540,346.00, State participation in the amount of $33,623.00 and local participation in the amount of$222,689.00 for the South Hulen Street at South Drive Highway Safety Improvements project(City Project No. 104095); 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$540,346.00 for the South Hulen Street at South Drive Highway Safety Improvements project (City Project No. 104095); 3. Adopt the attached appropriation ordinance adjusting appropriations in the 2022 Bond Program Fund in the amount of$370,000.00, by increasing appropriations in the South Hulen Street at South Drive Highway Safety Improvements project(City Project No. 104095),and decreasing appropriations in the Traffic Signals programmable project(City Project No. P130006)by the same amount;and 4. Amend the Fiscal Years 2024-2028 Capital Improvement Program. I € DISCUSSION: The purpose of this Mayor and Council Communication(M&C)is to adopt a resolution authorizing execution of an Advance Funding Agreement (AFA)with the Texas Department of Transportation(TxDOT)in the amount of$796,658.00,of which$222,689.00 is City of Fort Worth's(City) participation,for construction of the South Hulen Street at South Drive Highway Safety Improvement project(City Project No. 104095). The scope of this project includes engineering,environmental,and construction to improve traffic signals and install flashing yellow arrow at the intersection of South Hulen Street at South Drive. This project will be let by TxDOT in August 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: Federal State _Local F77Total 34027-2022 Bond Program $222,689.00 $222,689.00 Fund 31001 -Grants Cap Projects Federal Fund-Federal $540,346.00 $540,346.00 Construction ` Funding 11 _ LUnappropriat,d=$33,623.00 $33,623.00 te Cost Total $540,346.00 $33,623.00$222,689.00 $796,658.00 The following table summarizes the total funding for the South Hulen Street at South Drive project: Fund Existing Additional Project _ J Funding Funding ][--Total_] 1Program2022 Bond I$200,000.0O) $170,000.00,$3701000.00 31001 —Grants Cap $0.00 $540,346.00 F540,346�.0O Projects Federal Fund Project Total $200,000.00 $710,346.00 $910,346.00 Funding is budgeted in the 2022 Bond Program Fund for the purpose of funding the S Hulen St and S Drive W Inter Im 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 this project was not included in the Fiscal Years 2024-2028 Capital Improvement Program(CIP)because the project and funding sources were unknown at the time of its development.This action in this M&C will amend the Fiscal Years 2024-2028 Capital Improvement Program as approved in connection with Ordinance 26453-09-2023. Approval of recommendation 3 would adjust appropriations between a programmable project and convert the South Hulen Streat at South Drive Highway Safety Improvement project(City Project No. 104095)into a static capital project.This action is needed as future funding for South Hulen Street at South Drive Highway Safety Improvement project is anticipated from other sources and the scope of this project differs from that of current programmable project. This project is located in COUNCIL DISTRICT 6. 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 i Additional Information Contact: Monty Hall 8662 ` Expedited