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HomeMy WebLinkAboutOrdinance 26708-02-2024Ordinance No. 26708-02 ' 024 AN ORDINANCE INCREASING ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE TRANSPORTATION IMPACT FEE CAPITAL FUND IN THE AMOUNT OF $2,000,000.00, FROM AVAILABLE FUNDS WITHIN THE REVENUE — SA C-TRANSP IMP FEES PROJECT (CITY PROJECT NO. UN9913) AND THE AMOUNT OF $2,000,000.00 FROM AVAILABLE FUNDS WITHIN THE REVENUE - SA E-TRANSP IMP FEES PROJECT (CITY PROJECT NO. UN9915), FOR THE PURPOSE OF FUNDING THE WAGLEY ROBERTSON ROAD PROJECT (CITY PROJECT NO. 104154); 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 Transportation Impact Fee Capital Fund in the amount of $2,000,000.00, from available funds within the Revenue — SA C-Transp Imp Fees project (City Project No. UN9913) and the amount of $2,000,000.00 from available funds within the Revenue - SA E-Transp Imp Fees project (City Project No. UN9915), for the purpose of funding Wagley Robertson Road project (City Project No. 104154). 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed SECTION 4.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: M!/ Assistant City Attorney ADOPTED AND EFFECTIVE: February 13, 2024 CITY SECRETARY °Rro���� �o osa°o Jannette S. Goodall o 0 City Secretary 0S� ¢ ® Qy 00O Tp °00000 t7 8 n X Funds Availability as of 1/23/2024 FORT WORT H. GLK19 07 Project Budg©t Summary Run lime: 01:2, 2024 02:33 PM Export Detail Data Expand All CoVapseAll UN9913 REVENUE- SA C-Transp llrrp Fees 1330tDS Transportation impact Fee Cap SDCDo $9,491874.86 59,48047428 0.00 4413L01 Transportation Impact Fee SGZC1 �S:44 5Q it Sc244104.10 3.30 4611010 1ntemst Eami ngs so Cc S' -_ 55 0-4 -c S12H 074.72 0-DC M 290DO Trans lmpaot Fee Carp Legacy 1 l 5 '�) 1_-'22° _.20 �33i agy "7_21 TatalRewenue: S131,763-82 59.582,407,11 S9.450.643.19 7,272.41 ilk FORT T�oR'j H - GL0019-07 - Project budget Sualruary RunTlmie: 01,217024 03:07 PM EzFpr;Deta1IData Expand All CottapseAlt UN9915 REVENUE- SA E -Tldrlsp Imp Fees N 501pa irariapOrtatlon impact Fes Cap Sam 38.d,22.8?9.P1, 38,a?2Q1a.Zt 0.130 441=1 TransportaticnlmpactFee SIGccUlm .aL."1 $9. 7Lt2A56.1t O.IiC 011040 3Mwrast Famirtyc so iA 4f VF,2 IC SRpA}987 ir" 03C W =M5 Trams tmpaCt Fee Gap Legacy bC. W s1�ae.�.�FS.Sw 318:3.3,'Sb.O3 Ai70 Total Revenue: S0 00 59,0#13�5l.89 59.000.25d.$4 0.00 FORT IVORTH GL0019-07 - Project Budget Summary RunTime: 01/12024 03:07 PM Lxpott Detail Data Expand All CaMV"All U M •ta• gEe.+l4wa 1?urreirrl eoaga•t Actval3 (LrM I Badyet 76 Of Rr�ais.try >3tadyel Reo-ervrd 30104 Dewelnp"Conlribution 32,$gOfa IX S2.MU10.JG 50.00 100.00 E152002 Stomrrw3ter Captlal Projects -U.00D'OOD.C4 , 3. ,OM OC $0.00 100.00 062003 Drainage RerBnrids Series 2023 121,�i,P 6CU U,Q_.J�J_OC: 50.00 10000 Total Rewentic $7,890,6a0.00 S7,850.68e.00 $0.00 100.00 6 Bond pir gram - 315-1100,000.00 30.00 5780.091.08 $135,M.35 - S14.59a&W-57 •..83 G 34614 2014 Bond Program Y.50p WO.00 9C.00 Stl-00 :SC Cc 34,5C0,000 GO rM14r I0210 Prop811-Cce"2-SubCompR10 2s 5L), 3x,.C13 SC.E4 SC G_ _C CL• S4.5rC,r�3C CC C43 U -1;272,322BoresProgram 111,aall,0.X SO.00 i=.,N7.GS G1��,,3593 St3A83-MA5; 2_33 © Miss. Funds 52-890.tiBt?. $0.00 $o.00. 54_CG S2.$80.680.00 0.00 * New CaptaiProjx tFunds 53;DOa.A.00.D0 $0.00 50.00 SO.09 S5,0CU.000:00 D.OS1 Total Expendihre: 523,390,680.00 $0.00 S78O.D01.00 $t35.359.3h $22.474,319.57 3.92 Mayor & Council Map I CPN 104154 FORT WORTH. Wagley Robertson Road I CD #7 `ram (Quicksilver Ct to ConefIower Trail) TRAnEWINDIEVicinity Map �eriF ; �! � lr.•'I ilTl f %5L. A — '- " QUIEKSII VLR—p - Q��.,_, �r + , WILDRIVER41, _ i tti— - . RUG[ WA I ER - - lu ` M 1 3 BENT i OAK-C). k a Cp 4', OPtiLtER i j MR ROOK' I D } \ t y rx _ ► DESTIN, 4TAKEOFF. z c ,4 € :FOXCRAFTY I • . \': Y A. 3 ° : �t BRAEWICK� <, P r m CROWN OAKS t 5 }I BEEBRUSH iq uia�■ Project Extent HIGH6UMMIT h f! ., ►.`t �,� = !�" err QL ,h Fort Worth City Limits m a 0 Data Source; CFVV GIs: NearMap 2022 Mal) generated October 2023 rFn '�"��' aP+• - :, �* Amy LaMar, TPW Business Support Services N '`=` 0 250 Soo L000J. FKr - . Y ..z W EHAWKWAT,CH N Ar..I- City of Fort Worth, Mayor and Texas Council Communication DATE: 02/13/24 M&C FILE NUMBER: M&C 24-0118 LOG NAME: 2024 WAGLEY R IMP FEE AND TRANSFER 2014 BOND RESIDUAL SUBJECT (CD 7 and CD 10) Adopt Appropriation Ordinances in the Collective Amount of $4,000,000.00 to Provide Transportation Impact Fee Funding for the Wagley Robertson Project, Reduce 2014 Bond Program Funding in the Project by $2,000,000.00 and Amend the Fiscal Years 2024-2028 Capital Improvement Program RECOMMENDATION: It is recommended that the City Council: 1. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the Transportation Impact Fee Cap Fund in the amount of $2,000,000.00 from available funds within the Revenue - SA C-Transp Imp Fees project (City Project No. UN9913) and the amount of $2,000,000.00 from available funds within the Revenue - SA E-Transp Imp Fees project (City Project No. UN9915) for the purpose of funding the Wagley Robertson Road project (City Project No. 104154); 2. Adopt the attached appropriation ordinance adjusting estimated appropriations in the 2014 Bond Program Fund in the amount of $2,000,000.00 by increasing estimated appropriations in the 34014 Appropriation Only project (City Project No. U34014) and decreasing estimated appropriations in the Wagley Robertson Road project (City Project No. 104154) by the same amount; and 3. Amend the Fiscal Years 2024-2028 Capital Improvement Program. DISCUSSION: The purpose of this Mayor and Council Communication (M&C) is to appropriate eligible Transportation Impact Fee funds to supplement existing funding for the Wagley Robertson Road project which was included in the 2022 Bond Program. Due to current market conditions, supply chain issues, and higher inflation rates than usual, additional funds are needed to cover estimated budget shortfalls. Staff proposes using the $4,000,000.00 of eligible Transportation Impact Fee funding to augment the design -build activities, including design, Right -of -Way (ROW) acquisition and construction, for the Wagley Robertson Road Design -Build project. The project is considered a high priority capacity improvement project to the infrastructure of the City of Fort Worth as a result of growth. 2014 Bond Program funding existing in the project will be reduced by $2,000,000.00 in order to fund other city projects. The net increase to the project budget will be $2,000,000.00. The following table summarizes the total project funding for the Wagley Robertson Road project: Fund Existing Funding Additional Funding Project Total 34014-2014 Bond Program Fund $4,500,000.00 ($2,000,000.00) $2,500,000.00 34027- 2022 Bond Program Fund $11,000,000.00 $0.00 $11,000;000.00 30104 -Developer Contribution Fund $2,890,680.00 $0.00 $2,890,680.00 52008 — Drainage Rev Bond Series 2023 Fund $2,000,000.00 $0.00 $2,000,000.00 52002 — Stormwater Capital Projects Fund $3,000,000.00 $0.00 $3,000,000.00 30108 — Transportation Impact Fee Cap Fund $0.00 $4,000,000.00 $4,000,000.00 Project Total $23,390,680.00 $2,000,000.00 $26,390,680.00 Funding for this project was not included in the Fiscal Years 2024-2028 Capital Improvement Program (CIP) because the eligibility of impact fee funding had not been determined at the time of its development. The actions in this M&C will amend the Fiscal Years 2024-2028 Capital Improvement Program as approved in connection with Ordinance 26453-09-2023. nt This project is located in COUNCIL DISTRICTS 7 and 10. A Form 1295 is not required because: This M&C does not request approval of a contract with a business entity. FISCAL INFORMATION 1 CERTIFICATION: The Director of Finance certifies that funds are currently available in the Revenue - SA C - Transp Imp Fees and Revenue - SA E - Transp Imp Fees projects within the Transportation Impact Fee Cap Fund and upon approval of the above recommendations and adoption of the attached appropriation ordinances, funds will be available in the Transportation Impact Fee Cap Fund for the Wagley Robertson project. Prior to an expenditure being incurred, the Transportation and Public Works Department is responsible for verifying the availability of funds. Submitted for City -Manager's Office_by; Jesica McEachern 5804 Originating Business Unit Head; Lauren Prieur 6035 Additional Information Contact: Monty Hail 8662