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Home My WebLink AboutOrdinance 26711-02-2024Ordinance No. 26711-02-2024 AN ORDINANCE INCREASING ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE TAX INCREMENT REINVESTMENT ZONE NO. 14 - TRINITY LAKES FUND IN THE AMOUNT OF $1,000,000.00, FROM AVAILABLE FUND BALANCE, FOR THE PURPOSE OF TRANSFERRING FUNDING TO THE TRINITY BOULEVARD FROM INTERSTATE HIGHWAY- 820 TO SALADO TRAIL PROJECT (CITY PROJECT NO. 102101); 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 increased estimated receipts and appropriations in the Tax Increment Reinvestment Zone No. 14 - Trinity Lakes Fund in the amount of $1,000,000.00, from available fund balance for the purpose of transferring funding to the Trinity Boulevard from Interstate Highway-820 to Salado Trail project (City Project No. 102101). 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 j udgment 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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 Douglas Black (Mar 5, 202416:40 CSTJ Jannette S. Goodall Assistant City Attorney City Secretary ADOPTED AND EFFECTIVE: February 13, 2024 Q O�oFOR 00000��oO� ' 0 pv4 o—I� �� DooO000000000 �,� , Mayor &Council Map I CPN 102101 FORTWORTH, Trinity Blvd Improvements I CD #5 �� City of Fort Worth, Texas Mayor and Council Communication DATE: 02/13/24 M&C FILE NUMBER: M&C 24-0124 LOG NAME: 20TRINITY BLVD PHASE 1 CHANGE ORDER 2 SUBJECT (CD 5) Authorize Execution of Change Order Number in the Amount of $769,500.33 and the Addition of 180 Calendar Days to a Construction Contract with S.J. Louis Construction of Texas, Ltd. for Street Reconstruction of Trinity Boulevard from Interstate Highway-820 to Salado Trail for a Revised Contract Amount of $23,264,582.65, Adopt Appropriation Ordinances and Amend the Fiscal Years 2024-2028 Capital Improvement Program RECOMMENDATION: It is recommended that the City Council: 1. Authorize execution of Change Order Number 2 to a construction contract with S.J. Louis Construction of Texas, Ltd. in the amount of $769,500.33 and the addition of 180 calendar days to City Secretary Contract Number 57011 for Street Reconstruction of Trinity Boulevard from Interstate Highway-820 to Salado Trail fora revised contract amount of $23,264,582.65 (City Project No. 102101); 2. Adopt the attached appropriation ordinance increasing appropriations in the Tax Increment Reinvestment Zone No.14 - Trinity Lakes Fund in the amount of $1,000,000.00, from available fund balance, for the purpose of transferring funding to the Trinity Boulevard from Interstate Highway-820 to Salado Trail project (City Project No. 102101); 3. Adopt the attached appropriation ordinance increasing receipts and appropriations in the Tax Increment Reinvestment Zone - General Capital Fund in the amount of $1,000,000.00, transferred from the Tax Increment Reinvestment Zone No.14 - Trinity Lakes Fund, for the Trinity Boulevard from Interstate Highway-820 to Salado Trail project (City Project No. 102101); and 4. Amend the Fiscal Years 2024-2028 Capital Improvement Program. DISCUSSION: On November 9, 2021 the City executed a construction contract with S.J. Louis of Texas, Ltd for the reconstruction of Trinity Boulevard from Interstate Highway-820 to Salado Trail in the amount of $22,010,616.02 via Mayor & Council Communication (M&C) 21-0878.On June 13, 2023 the City approved Change Order 1 for a Culvert Headwall revision in the amount of $484,466.30 for a revised contract amount of $22,495,082.32 via Mayor & Council Communication (M&C) 23-0470. Trinity Boulevard is a major corridor with proposed mixed use and commercial development which will provide access to the proposed Trinity Metro rail station. Additional contract capacity is being requested with this M&C in order to construct revised irrigation and illumination items. This change order will be funded with additional funds from the Tax Increment Reinvestment Zone No. 14 - Trinity Lakes Fund, bringing the total amount of funding from the Tax Increment Financing District (iIF) up to $20,500,000.00. The following table summarizes previous contract action and change orders: M&C u Amount Q Justification JNumberll Date Initial Street Reconstruction Contract $22,010,616.02 of Trinity Boulevard M&C November CSN from Interstate Highway 21-0878 9,2021 57011 820 to Salado Trail Construct a revised Change $484 466.30 culvert and stone drain M&C June 13, Order 1 outfall 23-0470 2023 Change Construct a revised This $769,500.33 irrigation and Order M&C illumination items. $23,264,582.65 7E:I= Totalmct The funding for the project is summarized in the table below. Fund I Existing AppropriationallAppropriation. Additional Project Total General Capital Fund ExistingAdditional � Project Total Appropriations Appropriations Projects - Fund $290,000.001 $0.00 $290,000.00 30100 TIRZ- General Capital - Fund $1,000,000.00 $1,000,000.00 $2,000,000.00 30286 Trinity Lakes CO 2021 - Fund 34025 $18,500,000.00 $0.00 $18,500,000.00 W&S Rev Bond Series 2021 Fund $381,755.00 $0.00 $381,755.00 56019 Water & Sewer Commercial Paper $5,725,458.00 $0.00 $5,725,458.00 - Fund 56020 Developer Contribution - Fund $260,000.00 $0.00 $260,000.00 30104 Project Total $26,157,213.00 $1,000,600.00 )11 Funding for this project was not included in the FY2024-2028 Capital Improvement Program due to the funding was not available at the time of CIP development. The action in this M&C will amend the FY2024-2028 Capital Improvement Program as approved in connection with Ordinance 26453-09-2023. Funding is available for appropriation in the fund balance of the TIRZ #14 - Trinity Lakes Fund for the purpose of funding the Trinity Blvd. - 820-Salado Ph 1 project. The beginning fund balance is $6,681,717.43, the ending balance will be $5,681,717.43 after this M&C. DVIN: SJ Louis Construction of Texas Ltd. in compliance with the City's Business Equity Ordinance by committing to 5% MWBE participation on this project. The City's MWBE goal on this project is 5%. The Project is located in COUNCIL DISTRICT 5. FISCAL INFORMATION 1 CERTIFICATION: The Director of Finance certifies that funds are currently available in the TIRZ #14 - Trinity Lakes Fund and upon approval of the above recommendations and adoption of the attached appropriation ordinances, funds will be available in the TIRZ - General Capital Fund for the Trinity Blvd. - 820-Salado Ph 1 project to support the above recommendations and award of the change order. Prior to an expenditure being incurred, the Transportation and Public Works Department has the responsibility of verifying the availability of funds. Submitted_forCity Manager's Office bye, Jesica McEachem 5804 Originating Business Unit Head: k Lauren Prieur 6035 Additional Information Contact: Monty Hall 8662