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HomeMy WebLinkAboutOrdinance 27292-11-2024Ordinance No. 27292-11-2024 AN ORDINANCE ADJUSTING ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE SEWER CAPITAL LEGACY FUND, BY DECREASING ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE TRINITY RIVER VISION, PHASE 1 PROJECT (CITY PROJECT NO. C00969) IN THE AMOUNT OF $608,873.21 AND INCREASING ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE UNSPECIFIED ALLrFUNDS PROJECT (CITY PROJECT NO. UNSPEC) 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 the budget of the City of Fort Worth for Fiscal Year 2024-2025, as enacted by Ordinance 27107-09- 2024, as amended, is hereby further amended to make the following adjustments to estimated receipts and appropriations in the Sewer Capital Legacy Fund, by decreasing estimated receipts and appropriations in the Trinity River Vision, Phase 1 project (City Project No. C00969) in the amount of $608,873.21 and increasing estimated receipts and appropriations in the Unspecified All -Funds project (City Project No. UNSPEC) 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 27107-09-2024 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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 Black (Nov 25, 2024 22:21 CST) Douglas W. Black Senior Assistant City Attorney ADOPTED AND EFFECTIVE: November 12, 2024 CITY SECRETARY q� k Jannette S. GoodallS. Goodall City Secretary � cis& �0oQ8pD4obOppa 0,� 0 P ° �aaA�XAs� City of Fort Worth, Texas Mayor and Council Communication DATE: 11/12/24 M&C FILE NUMBER: M&C 24-1004 LOG NAME: 60WATER FY2023 AND FY2024 FWCC REIMB 5Upd€T (CD 2) Authorize Acceptance of Tarrant Regional Water District Reimbursement in the Amount of $20,362,472.19 in Relation to the Fort Worth Central City Expenditures Incurred by the City of Fort Worth Water Department and Adopt Appropriation Ordinances to Effect a Portion of Water's Fiscal Years 2025-2029 Capital Improvements Program RECOMMENDATION: It is recommended that City Council: 1. Authorize the acceptance of funds from the Tarrant Regional Water District (TRWD) in the amounts of $4,287,842.40 for the FY2023 and $16,074,629.79 for the FY2024 reimbursement of expenses related to the Fort Worth Central City project; 2. Authorize the move of currently available Tarrant Regional Water District reimbursements in various Water Funds to properly appropriate to the Water & Sewer Capital Projects Fund as follows: a. The amount of $1,993,246.44 from Water and Sewer Bond 2016 Fund; b. The amount of $2,249,571.96 from the Water & Sewer Bond 2015A Fund; c. The amount of $7,750.00 from the Water Capital Fund; and d. The amount of $37,274.00 from the Sewer Capital Legacy Fund; 3. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the Water & Sewer Capital Projects Fund in the amount of $20,362,472.19, from reimbursements associated with the Fort Worth Central City project, for the purpose of funding the Trinity River Vision, Phase 1 project (City Project No. C00969) in the amount of $8,466,851.96 and the Fort Worth Central City Water & Sewer Relocations project (City Project No. 104484) in the amount of $11,895,620.23; 4. Adopt the attached appropriation ordinance adjusting estimated receipts and appropriations in the Water & Sewer Commercial Paper Fund by decreasing appropriations in the (i) Fort Worth Central City Water & Sewer Relocations project (City Project No. 104484) in the amount of $11,895,620.23 and (ii) Trinity River Vision, Phase 1 project (City Project No. C00969) in the amount of $777,632.61 for a total of $12,673,252.84, and increasing appropriations in the Commercial Paper project (City Project No. UCMLPR) by the same amount per Resolution Nos. 5773-06-2023, 5809-09 2023, and 5921-03-2024; 5. Adopt the attached appropriation ordinance adjusting estimated receipts and appropriations in the Water and Sewer Bond 2016 Fund by decreasing estimated receipts and appropriations in the Trinity River Vision, Phase 1 project (City Project No. C00969) in the amount of $4,745,941.62, and increasing estimated receipts and appropriations in the Unspecified All -Funds project (City Project No. UNSPEC) by the same amount; 6. Adopt the attached appropriation ordinance adjusting estimated receipts and appropriations in the Water & Sewer Bond 2015A Fund by decreasing estimated receipts and appropriations in the Trinity River Vision, Phase 1 project (City Project No. C00969) in the amount of $2,249,571.96, and increasing estimated receipts and appropriations in the Unspecified All -Funds project (City Project No. UNSPEC) by the same amount; 7. Adopt the attached appropriation ordinance adjusting estimated receipts and appropriations in the Water Capital Fund by decreasing estimated receipts and appropriations in the Trinity River Vision, Phase 1 project (City Project No. C00969) in the amount of $7,750.00, and increasing estimated receipts and appropriations in the Unspecified All -Funds project (City Project No. UNSPEC) by the same amount; and S. Adopt the attached appropriation ordinance adjusting estimated receipts and appropriations in the Sewer Capital Legacy Fund by decreasing estimated receipts and appropriations in the Trinity River Vision, Phase 1 project (City Project No. C00969) in the amount of $608,873.21, and increasing estimated receipts and appropriations in the Unspecified AlI-Funds project (City Project No. UNSPEC) by the same amount and to effect a portion of Water's contribution to the Fiscal Years 2025-2029 Capital Improvement Program. DISCUSSION: In accordance with the provisions of the Interlocal Agreement between the City of Fort Worth and the Tarrant Regional Water District (f RWD) City Secretary Contract Number 43425-A1, and pursuant to the Trinity River Vision Authority Project Plan, the City of Fort Worth is eligible to be reimbursed for costs considered to be Fort Worth Central City -related work (formally known as Trinity River Vision -related work). The purpose of this Mayor & Council Communication (M&C) is to appropriate the $4,287,842.40 already received for eligible reimbursements for Fiscal Year 2023 and to appropriate the reimbursement for FY2024 in the amount of $16,074,629.79. The City funded the Fort Worth Central City related projects with Commercial Paper appropriations as follows: A. M&C 23-0542 (approved on 06/27/2023) which appropriated $35,830,946.00 to execute a construction contract with SJ Louis for the Fort Worth Central City Relocations project (City Project No. 104484), Reimbursement Resolution 5773-06-2023; B. M&C 23-0836 (approved on 09/26/2023) which appropriated $1,518,400.00 to execute a contract with Krmley-Hom for the Trinity River Vision, Phase 1 project (City Project No. C00969), Reimbursement Resolution 580M9-23; and C. M&C 24-0256 (approved on 03/26/2024) which appropriated $3,181,450.00 to execute an engineering contract with Kim ley -Horn for the Fort Worth Central City Relocations project (City Project No. 104484), Reimbursement Resolution 5921-03-2024. Per the Reimbursement Resolutions, the City can exercise the option to issue debtor receive reimbursements from the TRWD. Of the $40,530,796.00 in contracts funded via Commercial Paper above, the City will receive reimbursements in the amount of $12,673,252.84 from TRWD for expenses incurred in Fiscal Year 2024 from these contracts. A. The amount of $777,632.61 from expenses related to the Trinity River Vision, Phase 1 project (City Project No. C00969) and B. The amount of $11.895,620.23 from expenses related to the Fort Worth Central City Relocations project (City Project No. 104484), This M&C will also reduce the Commercial Paper appropriations in the amount of $12,673,252.84 for the purpose of substituting funding sources and to make available commercial paper authority for other eligible Water and Sewer projects. This M&C will also reduce appropriations in multiple funds where costs were originally charged. These costs are being reclassified to the Water and Sewer Capital Projects Fund where the reimbursements are being appropriated. These funds may also be used for other capital projects. 60 Water FY2023 and FY2024 FWCC Reimbursement Current Approp 60WATER FY2023 AND FY2024 FWCC REIMB 60WSSRFWCC S1P10001- CIRCLEC 60SWM FWCC GRAND AVE CONSTRUCTION] CO2WATER- SJL Total Approp 56002 W&S Capital Projects $ 2,457,887.00 $ 8,466,851.96 $ (22,629.00) $0.00 $ 10,902,109.96 56005 Water/Sewer Bond 2016 $ 6,855,400.00' $ (4,745,941.62) $ (245,930.86) $0.00 $ 1,863,527.52 56007 Water & Sewer Bond 2015A $ 6,167,422.45 $ (1,083,136.00) $ (2,249,571.96) $0.04.1 $ 2,834,714.49 56019 W&S Rev Bonds Series 2021 560 00 W&S Rev Bonds Series 2022 $ 443,312.00 $ 407,022.00 $0.00 $0.00 $ (443,312.00) $ (407,022,00)1 $0.00 $fl.00 $ $0.00 Is $0.00 56023 W&S Commercial Paper $ 1,518,400.00 $ (777,632.6i) $ 2,698,901.65 $ 253,192.00 $ 3,692,861.04 39007 Specially Funded Projects 11 59601 Water Capital $ 5,852,657.9411 $ 14,404,708.40 $0,00 $ .(7,7,50.00)11 $0.00 $E0011 $0.00 $ 5,852,657,94 $ 14,396,958.40 59607 Sewer Capital Legacy 11 $ 7,76a,673.12 $ (608,873.21) $ (31.608.79)J $0.001J $ 7,129,191.12 $ 45,876,482.9111 $ 77,082,561 $ 465,263.00 $ 253,192.001 $ 46,672,020.47 Appropriations for the Trinity River Vision, Phase 1 (City Project No. C00969) project are as depicted below: Budget Change Budget Budget (Inc/Dec) Change Change 60SWM FWCC Capital Project FY2025 CIP (Inc/Dec) (Inc/Dec) GRAND AVE Revised Fund Name Name Appropriations Authority 60WATER 60WSSRFWCC CONSTRUCTION CO2 FY2025 FY2023 AND S1910001- Budget FW2024 CIhCLE C WATERSJL FWCC REIMB 56002- C00969 Water & — Trinity M&C 60WATER FY2023 Sewer Capital River Vision, $0.00 AND FY2024 FWCC REIMB $8,466,851.96 $0.00 $0.00 $8,466,851.96 Projects Phase Recom #3 Fund 1 C00969 $0.00 M&C 60 WSSRFWCCS1P10001- CIRCLE C $0.00 ($22,629.00) $0.00 ($22,629.00) 56005 — — Trinity River M&C 60WATER FY2023 Water/Sewer Vision, $0.00 AND FY2024 FWCC REIMB ($880,824.03) $0.00 $0.00 ($880,824.03) Bond 2016 Phase Reco m #5 1 $0.00 M&C 60WATER FY2023 AND FY2024 FWCC REIMB Recom #5 ($3,865,117.59) $0.00 $0.00 ($3,865,117.59) M&C 60 $0.00 WSSRFWCCS1P10001- $0.00 ($245,930.86) $0.00 ($245,930.86) CIRCLE C C00069 56007 - -Trinity M&C 60WATER FY2023 Water & River $0.00 AND FY2024 FWCC REIMB ($2,249,571.96) $0.00 $0.00 ($2,249,571.96) Sewer Bond Vision, Recom #6 2015A Phase 1 $0.00 M&C 60 WSSRFWCCS1P10001- CIRCLE C $0.00 ($1,083,136.00) $0.00 ($1,083,136.00) 56019 - M&C 60 W&S Rev $0.00 WSSRFWCCS1P10001- $0.00 ($443,312.00) $0.00 ($443,312.00) Bonds CIRCLE C Series 2021 56020-W&S M&C 60 Rev Bonds $0.00 WSSRFWCCS1P10001- $0.00 ($407,022.00) $0.00 ($407,022.00) Series 2022 CIRCLE C C00969 56023 - -Trinity M&C 60WATER FY2023 Commercial River Vision, $0.00 AND FY2024 FWCC REIMB ($777,632.61) $0.00 $0.00 ($777,632.61) Paper Recom #4 Phase 1 M&C 60 $0.00 WSSRFWCCS1P10001- $0.00 $2,698,901.65 $0.00 $2,698,901.65 CIRCLE C 60SWM FWCC GRAND AVE $0.00 CONSTRUCTIONCO2WATER- $0.00 $0.00 $253,192.00 $253,192.00 SJL C00969 59601 -- -Trinity M&C 60WATER FY2023 Water River Vision, $0.00 AND FY2024 FWCC REIMB ($7,750.00) $0.00 $0.00 ($7,750.00) Capita[ phase Recom #7 1 C00969 59607 - --Trinity M&C 60WATER FY2023 Sewer Capital River Vision, $0.00 AND FY2024 FWCC REIMB ($37,274.00) $0.00 $0.00 ($37,274.00) Legacy Phase Recom 48 1 60WATER FY2023 $0.00 FANDFY2024 FWCC REIMB ($571,599.21) $0.00 $0.00 ($571,599.21) m #8 M&C 60 WSSRFWCCS1P10001- $0.00 ($31,608.79) $0.00 ($31,608.79) $0.00 CIRCLE C $77,082.56 $465,263.00 $253,192.00 $795,537.56 Appropriations for the Fort Worth Central City Water & Sewer Relocations (City Project No.104484) project are as depicted below: Fund Existing Additional Project Total Appropriations Appropriations 56002 - W&S Capital $0.00 $11,895.620.23 $11,895,620.23 Projects 56023 - Commercial $39,012,396.00 ($11,895,620.23) $27,116,775.77 Paper Total $39,012,396.00 $0.00 $39,012,396.00 These projects are located in Council District 2. A Form 1295 is not required because: This M&C does not request approval of a contract with a business entity. FISCAL INFORMATION l CERTIFICATION: The Director of Finance certifies that funds are currently available in the multiple Water Capital Funds and upon approval of the above recommendations and adoption of the attached appropriation ordinances, funds will be available in the W&S Capital Projects Fund for the Trinity River Vision, Phase 1 and the FWCC Water & Sewer Relocations projects. Prior to an expenditure being incurred, the Water Department has the responsibility of verifying the availability of funds. The Water Department (and Financial Management Services) is responsible for the collection and deposit of funds due to the City. Submitted for City Manager's Office� William Johnson 5806 Originating_ Business Unit Head: Chris Harder 5020 Additional Information Contact: Norma Naylor 2748