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HomeMy WebLinkAboutOrdinance 27391-01-2025Ordinance No. 27391-01-2025 AN ORDINANCE INCREASING ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE TRANSPORTATION IMPACT FEE CAPITAL LEGACY FUND, IN THE CUMULATIVE AMOUNT OF $1,273,634.92, FROM AVAILABLE TRANSPORTATION IMPACT PEES AND INTEREST EARNINGS COLLECTED WITHIN THE REVENUE — MULTIPLE SERVICE AREAS — TRANSPORTATION IMPACT FEES PROJECTS (CITY PROJECT NO. UN9914, UN9926, UN9928, UN9911), FOR THE PURPOSE OF FUNDING CERTAIN IDENTIFIED PROJECTS (CITY PROJECT NO.103270, 103271, 103281); 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 2024-2025 in the Budget of the City Manager, there shall also be increased estimated receipts and appropriations in the Transportation'Impact Fee Capital Legacy Fund in the cumulative amount of $1,273,634.92, from available Transportation Impact fees and interest earnings collected, for the purpose of funding the certain identified projects (City Project No. 103270, 103271, 103281); Project # - Description Appropriation Increase/Decrease 103270-Ray White Road ro"ect $487,337.74 103 27 1 -Everman Parkway ro'ect $607,376.47 103281-Park Vista Boulevard project $178,920.71 Appropriation Adjustments $1,273,634.92 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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 (Feb 3.2023 17:13 CSTI Assistant City Attorney ADOPTED AND EFFECTIVE. January 14, 2025 CITY SECRETARY Jannette S. Goodall City Secretary City of Fort Worth, Mayor and DATE: 01/14/25 Texas Council Communication LOG NAME: 202024 IMPACT FEE FUNDING M&C FILE NUMBER: M&C 25-0032 SUBJECT (CD 2, CD 4, CD 5, CD 6, CD 7, CD 8 and CD 10) Adopt Appropriation Ordinances in the Cumulative Amount of $26,070,000.00 to Provide Additional Funding for Eleven High -Priority Transportation Projects and Amend the Fiscal Years 2025-2029 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 Capital Fund in the cumulative amount of $24,796,365.08 from available transportation impact fees and interest earnings collected within the Revenue -- Multiple Service Areas —Transportation Impact Fees projects (City Project No. UN9927, UN9912, UN9914, UN9926, UN9916, UN9913, UN9919, UN9911, UN9915, UN9917), forthe purpose of funding certain identified projects (City Project No. CO2505, 101014, 103270, 103271, 103272,103278,103280, 103281, 103299,103300, 104154); and 2. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the Transportation Impact Fee Capital Legacy Fund in the cumulative amount of $1,273,634.92 from available transportation impact fees and interest earnings collected within the Revenue —Multiple Service Areas --Transportation Impact Fees projects (City Project No. UN9914, UN9926, UN9928, UN9911), for the purpose of funding certain identified projects (City Project No.103270, 103271, 103281); and S. Amend the Fiscal Years 2025-2029 Capital Improvement Program. DISCUSSION: This Mayor and Council Communication (M&C) aims to appropriate eligible Transportation Impact Fee funding to supplement existing funding for transportation infrastructure projects. Due to current market conditions, supply chain issues, and higher inflation rates, additional funds are needed to cover estimated budget shortfalls for arterial projects. Staff proposes using $26,070,000.00 of Transportation Impact Fee funding to complete project activities, including design, right-of-way acquisition, and construction, for eleven arterial projects listed in the table below. Due to the continued population growth and increased transportation needs, these projects are considered high -priority capacity improvement projects forthe City of Fort Worth's infrastructure. This additional funding will enable the projects to proceed as planned. Appropriations for the transportation projects are as depicted below: Project J Project Name Limits Transportation Impact Fees Service Area and Project Existing Funding Additional Funding Totals McCart Risinger SA-Y CO2505 Avenue/McPherson Road to $32,155,046.00 $6,500,000.00 $38,655,046.00 Boulevard Twinleaf UN9927 Drive (Phase I and I] combined) Willow Creek Drive to the 101014 Avondale Haslet eastern ci ty SA B $52,400,000.00 $2,000,000.00 $54,400,000.00 Road limit line with Haslet UN9912 (John Day Road) Mirage Drive to the SA-D 103270 Ray White Road bridge north of $26,355,000.00 $2,900,000.00 $29,255,000.00 UN9914 Camrose Street Rosedale SAX, Z Springs 103271 Everman Parkway Lane to UN9926, $41.416,876.54 $1,000,000.00 $42,416,876.54 (Rosedale Springs) Cameron UN9928 Hill Point FM156 to 103272 Meacham IH-35W SA-F $2,768,000.00 $1,000,000.00 $3,768,000.00 Boulevard Phase 2 U N9916 US Hwy 287 SB SR SA-C 103278 Bonds Ranch Road to Wagley $28,000,000.00 $4,500,000.00 $32,500,000.00 Robertson UN9913 Road Salado 103280 Trinity Boulevard Trail to SA-M $8,700,000.00 $480,000.00 $9,180,000.00 Phase 2 Thames UN9919 Trail Keller 103281 Park Vista Haslet SA -A Boulevard Road to $6,850,000.00 $690,000.00 $7,540,000.00 Timberland UN9911 Boulevard Boat Club Road to SA-E, G 103299 WJ Boaz Road West Half Road Elkins UN9915, $28,400,000.00 $2,800,000.00 $31,200,000.00 School UN9917 Road Old Decatur 103300 Heritage Trace Road to SA-E $7,400,000.00 $1,600,000.00 $9,000,000.00 Parkway 1 Wagley UN9915 Robertson Road Quicksilver SA-C, E 104154 Wagley Robertson Road Court to Coneflower UN9913, $25,390,680.00 $2,600,000.00 $27,990,680.00 Trail UN9915 Totals $259,835,602.54 $26,070,000.00 $285,905,6021.54 Funding for this project was not included in the Fiscal Years 2025-2029 Capital Improvement Program (CIP) because the projects and funding sources were unknown at the time of its development. The action in this M&C will amend the Fiscal Years 2025-2029 Capital Improvement Program as approved in connection with Ordinance 27107-09-2024. Funding is budgeted in the Transportation Impact Fee Cap Legacy Fund and Transportation Impact Fee Cap Fund for the TAW Dept Highway & Streets Department for the purpose of funding eleven various projects. These projects are located in COUNCIL DISTRICTS 2, 4, 5, 6, 7, 8, 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 A, B, C, D, E, F, G, M, X, Y, Z- Trans Imp Fees projects within the Transportation Impact Fee Cap Fund and in the REVENUE - SA A, D, X, Z- Trans Imp Fees projects within the Trans Impact Fee Cap Legacy Fund and upon approval of the above recommendations and adoption of the attached appropriation ordinances, funds will be available in the Trans Impact Fee Cap Legacy Fund and Transportation Impact Fee Cap Fund for various capital projects. Prior to an expenditure being incurred, the Transportation and Public Works Department has the responsibility of verifying the availability of funds. Submitted for City Manager's Offices Jesica McEachem 5804 Originating_ Business Unit Head: Lauren Prieur 6035 Additional_ Information Contact: Monty Hall 8662