HomeMy WebLinkAboutOrdinance 26743-02-2024Ordinance No. 26743-02-2024
AN ORDINANCE ADJUSTING APPROPRIATIONS IN THE WATER AND
SEWER COMMERCIAL PAPER FUND BY INCREASING APPROPRIATIONS IN
THE PANTHER ISLAND SANITARY SEWER COLLECTOR MAIN PROJECT
(CITY PROJECT NO. 105247) IN THE AMOUNT OF $379,730.00 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 2023-2024 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 Panther Island Sanitary Sewer Collector Main project (City
Project No. 105247) in the amount of $379,730.00 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 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said prior ordinances and appropriations are hereby expressly repealed.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:
Douglas 61.ack (Mar 5, 2024 16:43 GST�
Douglas W. Black
Senior Assistant City Attorney
ADOPTED AND EFFECTIVE: February 27, 2024
CITY SECRETARY
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City SJannette e Goodall a O FORT Z? �
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MAYOR AND COUNCIL COMMUNICATION
60PANTHERISSC-KHA
City of Fort Worth,
Mayor and
DATE: 02/27/24
Texas
Council Communication
LOG NAME: 60PANTHERISSC-KHA
SUBJECT
M&C FILE NUMBER: M&C 24-0175
(CD 2) Authorize Execution of an Engineering Agreement with Kimley-Hom Associates, Inc. in the Amount of $268,395.00 for the Panther Island
Sanitary Sewer Collector Main Project, Adopt Resolution Expressing Official Intent to Reimburse Expenditures and Proceeds of Future Debt
Project and Adopt Appropriation Ordinance to Effect a Portion of Water's Contribution to Fiscal Years 2024-2028 Capital Improvement Program
F
RECOMMENDATION:
It is recommended that the City Council:
1. Authorize execution of an engineering agreement with Kimley-Hom Associates, Inc. in the amount of $268,395.00 for Panther Island Sanitary
Sewer Collector Main project;
2. Adopt the attached resolution expressing Official Intent to Reimburse expenditures with proceeds of future enterprise fund debt for the
Panther Island Sanitary Sewer Collector Main project; and
3. Adopt the attached appropriation ordinance adjusting appropriations in the Water & Sewer Commercial Paper Fund by increasing
appropriations in the Panther Island Sanitary Sewer Collector Main project (City Project No. 105247) in the amount of $379,730.00 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 2024-2028 Capital Improvement Program.
DISCUSSION:
This Mayor and Council Communication (M&C) is to authorize a contract with Kimley-Hom Associates, Inc. in the amount of $268,395.00 for the
preparation of plans and specifications for Panther Island Sanitary Sewer Collector Main to allow for construction of the project on the following
streets to provide for future developer connection on East Island:
Scope of
Street
From
To
Work
NE 71h
Street
Calhoun
Street
350 La Grave Field east
Sewer
Calhoun
Street
NE 71' ]1500
La Grave Field south 4th
Sewer
I
Street
Street
In addition to the contract amount, $111,335.00 is required for project management, real property acquisitions, utility coordination, and material
testing. This project will have no impact on the Water Department's operating budget when completed.
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 2024-2028 Capital Improvement Program, as follows:
60PANTHERISSC-KHA
Capital
Fund
Project
FY2024 CIP
Authority
Budget Change
Revised
FY2024
Name
Name
Appropriations
(increase/Decrease)
Bud et
9
Fund
105247
56022-
Panther
W&S
Island
$0.00
This M&C
$379,730.00
$379,730.00
Commercial
SS
Paper
Collector
Funding is budgeted in the Commercial Paper project within the W&S Commercial Paper Fund for the purpose of funding the Panther Island
Sanitary Sewer Collector Main project.
Funding for the Panther Island Sanitary Sewer Collector Main Replacements project depicted below:
Fund
Existing j
Appropriations
Additional
Appropriations
Project
Total*
Fund 56022-W&S
$0.00
$379,730.00
$379,730.00
Commercial Paper
Project Total
$0.00
$379,730.OD
$379,730.00
*Numbers rounded for presentation purposes.
BUSINESS EQUITY OFFICE: Kimley-Horn Associates, Inc. is in compliance with the City's Business Equity Ordinance by committing to 18
percent MWBE participation on this project. The City's MWBE goal on this project is eight percent.
The project is located in COUNCIL DISTRICT 2.
FISCAL INFORMATION 1 CERTIFICATION:
The Director of Finance certifies that funds are available in the Commercial Paper project within 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 Panther Island SS Collector project to support the above recommendations and execution of the agreement. Prior to any
expenditure being incurred, the Water Department has the responsibility to validate the availability of funds.
Submitted for City Manager's Office.-W. Fernando Costa 6122
Originating Business Unit -Head- Chris Harder 5020
Additional Information Contact: Liam Conlon 6824
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