HomeMy WebLinkAboutOrdinance 26814-04-2024Ordinance No. 26814-04-2024
AN ORDINANCE ADJUSTING ESTIMATED RECEIPTS AND
APPROPRIATIONS IN THE 2022 BOND PROGRAM FUND, BY INCREASING
ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE NORTH BEACH
STREET AND MEACHAM BOULEVARD PROJECT (CITY PROJECT NO.
105355) IN THE AMOUNT OF $256,071.00 AND DECREASING ESTIMATED
RECEIPTS AND 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 estimated receipts and appropriations in the 2022
Bond Program Fund, by increasing estimated receipts and appropriations in the North Beach Street and
Meacham Boulevard project (City Project No. 105355) in the amount of $256,071.00 and decreasing
estimated receipts and 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 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said prior ordinances and appropriations are hereby expressly repealed.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:
Dougkas Black (Ap, IS, 2024 17:23 CM
Assistant City Attorney
ADOPTED AND EFFECTIVE. April 09, 2024
CITY SECRETARY
1, . m'i-"
Jannette S. Goodall
City Secretary
City of Fort Worth, Texas
Mayor and Council Communication
DATE: 04/09/24 M&C FILE NUMBER: M&C 24-0272
LOG NAME: 202022 HSIP NORTH BEACH ST: AT MEACHAM BLVD AFA
SUBJECT
(CD 2) Adopt a Resolution Authorizing Execution of an Advance Funding Agreement with the Texas Department of Transportation in the Amount of
$1,567,203.00 with Federal Participation in the Amount of $1,246,232.00, State Participation in the Amount of $64,900.00 and Local Participation
in the Amount of $256,071.00 Plus any Cost Overruns for the Intersection Improvements at North Beach Street and Meacham Boulevard 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#
0902-90-285) for intersection improvements at North Beach Street and Meacham Boulevard project in the amount $1,567,203.00 with Federal
participation in the amount of $1,246,232.00, State participation in the amount of $64,900.00 and Local participation in the amount of
$256,071.00;
2. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the Grants Capital Projects Federal Fund,
subject to receipt of the grant, in the amount up to $1,246,232.00 for the purpose of funding North Beach Street and Meacham'Boulevard project
(City Project No.105355);
3. Adopt the attached appropriation ordinance adjusting appropriations in the 2022 Bond Program Fund by increasing estimated appropriations
in the North Beach Street and Meacham Boulevard project (City Project No. 105355) in the amount of $256,071.00 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 an Advanced Funding Agreement
(AFA) with Texas Department of Transportation (TxDOT) in the amount of $1,567,203.00 with City participation in the amount of $256,071.00 for
the intersection improvements at North Beach Street and Meacham Boulevard project (City Project No.105355).
The intersection improvements at North Beach Street and Meacham Boulevard project intends to create a cost-effective solution to improve
efficiency while increasing visibility, safety, and traffic flow. The scope of work for the Project consists of improving traffic signals, installing
pedestrian signals, safety lighting at intersection, left turn lane(s) with positive offset for northbound and souhbound approaches, and installing
pedestrian crosswalks 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 January 2026. 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. City funds
appropriated for this project include professional services, local participation, and state construction direct cost. An advanced payment to TxDOT
is required in the amount of $91,434.00 for this project. The final payment to TxDOT for local participation will be based on actual costs. The City
bears the responsibility to pay for 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 Meacham Boulevard project (City Project No.105355)
Fund I Federal I State I Local I Total
34027 - 2022 Bond
Program Fund
$256,071.001 $256,071
Unappropriated State I $64,900
$64,900.00
31001 -Grants Cap
Projects Federal Fund -
$1,246,232.00
$1,246,232.00
Federal Participation
Total:
$1,246,232.00
$64,900.00
$256,071.00
$1,567,203.00
The table below summarizes the total funding for the project:
Fund
Existing
Additional
Project Funding Total
Funding
Funding
34027 - 2022 Bond
$256,071.00
$0.00
$256,071.00
Program Fund
31001 - Grants Cap
$0.00
$1,246,232.00
$1,246,232.00
Projects Federal Fund
I
Project Total
$256,071.00
$1,246,232.00
$1,502,303.00
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 pardon of the project was not included in the Fiscal Years 2024-2028 Capital Improvement Program because grant funding i
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.
This project is located in COUNCIL DISTRICT 2.
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 (xDOT)
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. The
Transportation & Public Works Department (and Financial Management Services) will be responsible for the collection and deposit of funds due to
the City. Prior to expenditures being incurred, the Transportation & Public Works Department has the responsibility to validate the availability of
funds. This is a State Advance Funding Agreement.
Submitted for Ci!y Managers Office b • Jesica McEachem 5804
Originating Business Unit Head: Lauren Prieur 6035
Additional Information Contact: Martin Phillips 7861
Aziz Rahman 8653