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HomeMy WebLinkAboutOrdinance 27132-09-2024Ordinance No. 27132-09-2024 AN ORDINANCE INCREASING ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE DEVELOPER CONTRIBUTION FUND IN THE AMOUNT OF $1,600,000.00 FOR THE PURPOSE OF FUNDING THE CAMP BOWIE IMPROVEMENTS PROJECT (CITY PROJECT NO. 104639); 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 Developer Contribution Fund in the amount of $1,600,000.00 for the purpose of funding the Camp Bowie Improvements Project (City Project No. 104639). 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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: 4�z_ Richard McCracken (Oct 3, 2024 16A8 COTI Assistant City Attorney ADOPTED AND EFFECTIVE: September 17, 2024 CITY SECRETARY Jannette S. Goodall City Secretary ppo�Q00000oroa�A a % Y ONO 0 o� p Y 0 Yp T 004 City of Fort Worth, Mayor and Texas Council Communication DATE: 09/17/24 M&C FILE NUMBER: M&C 24-0830 LOG NAME: 062024LDCCAMPBOWIEMPROVEMENTS SUBJECT (CD 7) Accept Donation from the FortWorth Local Development Corporation in the Amount of $1,600,000.00 for the Camp Bowie Improvements Project and Adopt Appropriation Ordinance RECOMMENDATION: It is recommended that the City Council: 1. Accept a donation in the amount of $1,600,000.00 from the Fort Worth Local Development Corporation for the Camp Bowie Improvements . project; and 2. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the Developer Contribution Fund in the amount of $1,600,000.00 for the purpose of funding the Camp Bowie Improvements Project (City Project No. 104639). DISCUSSION: The purpose of this Mayor and Council Communication (M&C) is to accept a donation in the amount of $1,600,000.00 from the Fort Worth Local Development Corporation and appropriate funding into the Camp Bowie improvements project (City Project No.104639). On August 6, 2024, the Fort Worth Local Development Corporation (LDC) approved $1,600,000.00 in funding for the proposed improvements to Camp Bowie Boulevard. These improvements will further the City s commitment to safety and beautification by addressing non -conforming intersection geometry while reinforcing a gateway experience. They will also create a sense of place, calm traffic, and activate pedestrian interaction. The project design wit address pedestrian lighting and non -conforming roadway sections, enhance landscaping, and retain historic brick pavers. This project also includes replacing existing water utilities, funded by the Water Department. The cost of roadway enhancements is $11,500,000.00 plus contingencies, which is funded by Fort Worth and through an Interlocal Agreement with Tarrant County. The cost of water utility upgrades is $2,900,000.00, which will be appropriated through a separate M&C by the Water Department. The total project budget is $14,400,000.00, which includes the LDC authorization of $1,600,000.00. Appropriation of the LDC funds will allow public bidding and construction to begin in September 2024. Construction is expected to be completed within 12 months. In partnership with Crescent Real Estate, this project demonstrates successful collaboration between the public and private sectors for the betterment of the community. Appropriations for the Camp Bowie Improvements are depicted below: Fund EAnttergovemmental Description Contribution Fund (Tarrant I Amount $ $2,690,000.00 34012 CritCapProj - CO2013A $ 56005 Water/Sewer Bond 2016 $121,838.00- $121,000.001 39407 Street Improvements 2008 $463,162.00 30104 Deveioper contribution (LDC) $1,600,000.001 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 upon approval of the above recommendations and adoption of the attached appropriation ordinance, funds will be deposited into the Developer Contribution Fund for the Camp Bowie Improvements project. The Transportation and Public Works Department (and Financial Management Services) is responsible for the collection and deposit of funds due to the City. Prior to any expense being incurred, the Transportation and Public Works Department also has the responsibility to validate the availability of funds. Submitted for Cily Manager's Office b . Dana Burghdoff 8018 Originating Business Unit Head: D.J. Harrell 8032 Additional Information Contac : Tyson Thompson 2120 Expedited