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HomeMy WebLinkAboutOrdinance 27492-02-2025Ordinance No. 27492-02-2025 AN ORDINANCE ADJUSTING APPROPRIATIONS IN THE WATER AND SEWER COMMERCIAL PAPER FUND BY DECREASING APPROPRIATIONS IN THE W&S COMMERCIAL PAPER PROJECT (CITY PROJECT NO. UCMLPR) IN THE AMOUNT OF $4,717,426.00 AND INCREASING APPROPRIATIONS IN THE MARY'S CREEK & WALNUT CREEK LS DESIGN PROJECT (CITY PROJECT NO. 104944) 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 appropriations in the Water and Sewer Commercial Paper Fund by decreasing appropriations in the W&S Commercial Paper project (City Project No. UCMLPR) in the amount of $4,7I7,426.00 and increasing appropriations in the Mary's Creek & Walnut Creek LS Design project (City Project No. 104944) by the same amount. SECTION 2. That should any portion, section or part of a section of this ordinance be declared invalid, inoperative or void for any reason by a court of competent jurisdiction, such decision, opinion or judgment shall in no way impair the remaining portions, sections, or parts of sections of this ordinance, which said remaining provisions shall be and remain in full force and effect. SECTION 3. That this ordinance shall be cumulative of Ordinance 27107-09-2024 and all other ordinances and appropriations amending the same except in those instances where the provisions of this ordinance are in direct conflict with such other ordinances and appropriations, in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed. SECTION 4. This ordinance shall take effect upon adoption. APPROVED AS TO FORM AND LEGALITY: Douglas Mj,c {Mar 14, 2025 17.25 CD7j Douglas W. Black Senior Assistant City Attorney ADOPTED AND EFFECTIVE: February 25, 2025 CITY SECRETARY Jannette S. Goodall City Secretary � 4000000aop00 V6 o'ZF1 0 o ° * C' ��?r �'EX Ate1 MAYOR AND COUNCIL COMMUNICATION 60MCCLSANDWCLS-CDM i 1 1 0. Z O 0. i �} a Mary's Creek Water Reclamation Facility f IL J �I I I l J OLD WEATHERFORD RD r�l -� w °a a. —�_j 0. Y Q w x w u � u w4-s rp OJ,yT L — L sr�V r_ o r w CLIFFCRrJ J Qx j 5T ia z W H I1 F. 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T / G1 a U CALMONT AVE 0 w °a Lu P 6� w {N �a O Vyt$ � y o w f r CHAPIN RD fvlary's Creek Confluence Lift Staiior �� I - - - — J O mo a r J I \ / cz qJ / w RgNcf,RQ Wainui Creek Lift Station 1 %6 7 / y �r \ � % SvQ Loop IH 820 820 I / -I Y M11RCEDES ST Nt�ORNIANDALESt N N 0 I O � r $o DM�Y2-4 ri O -n d � w - ��`' 0011 VERNON .7 FORT WORTH®r CAS ILLAVLs' City of Fort Worth, Texas Mayor and Council Communication DATE: 02/25/25 M&C FILE NUMBER: M&C 25-0155 LOG NAME: 60MCCLSANDWCLS-CDM SUBJECT (CD 3 and City of Benbrook) Authorize Execution of an Engineering Agreement with CDM Smith, Inc. in the Amount of $3,745,826.00 for the Mary's Creek Confluence Lift Station and Walnut Creek Lift Station Design Project, Adopt Resolution Expressing Official Intent to Reimburse Expenditures from Proceeds of Future Debt Project and Adopt Appropriation Ordinance to Effect a Portion of Water's Contribution to Fiscal Years 2025-2029 Capital Improvement Program RECOMMENDATION: It is recommended that the City Council: 1. Authorize execution of an engineering agreement with CDM Smith, Inc. in the amount of $3,745,826.00 for the Mary's Creek Confluence Lift Station and Walnut Creek Lift Station Design project; 2. Adopt the attached resolution expressing Official Intent to Reimburse expenditures with proceeds of future enterprise fund debt for the Mary's Creek & Walnut Creek LS project; and 3. Adopt the attached appropriation ordinance adjusting appropriations in the Water & Sewer Commercial Paper Fund by increasing appropriations in the Mary's Creek & Walnut Creek Lift Station Design project (City Project No.104944) in the amount of $4,717,426.00 and decreasing appropriations in the Commercial Paper project (City Project No. UCMLPR) by the same amount, to effect a portion of Water's contribution to the Fiscal Years 2025-2029 Capital Improvement Program. DISCUSSION: This Mayor and Council Communication (M&C) is to authorize a contract with CDM Smith, Inc. in the amount of $3,745,826.00 for the preparation of plans and specifications for Walnut Creek and Mary's Creek Confluence Lift Stations to allow conveyance of wastewater to the proposed Mary's Creek Water Reclamation Facility on the westside of Fort Worth. In addition to the contract amount, $971,600.00 is required for project management, real property acquisitions, utility coordination, and material testing. This project will have no impact on the Water Departments operating budget when completed. Available cash within the Water and Sewer portfolio and the City's portfolio along with the appropriation authority authorized under the Callable Commercial Paper Program (CP) will be used to provide interim financing for this project until debt is issued. Once debt associated with this project is sold, bond proceeds will be used to reimburse the Water and Sewer portfolio and the City's portfolio in accordance with the attached reimbursement resolution. Under federal law, debt must be issued within approximately three years in order for these expenses to be reimbursable. Adoption of the attached resolution does not obligate the City to sell bonds, but preserves the ability of the City to reimburse itself from tax-exempt bond proceeds. It is the practice of the Water Department to appropriate its CIP plan throughout the Fiscal Year, instead of within the annual budget ordinance, as projects commence, additional funding needs are identified, and to comply with bond covenants. The actions in the M&C will appropriate funds in support of the Water's portion of the City of Fort Worth's Fiscal Years 2025-2029 Capital Improvement Program, as follows: 60MCCLSANDWCLS-CDM Capital Fund Project FY2025 CIP Authority Budget Change Revised FY2025 Name Name A Appropriations (IncreaselQecrease) Budget 104944 Fund 56023 —Mary's - W&S Commercial Creek & Walnut $0.00 This M&C $4,717,426.00 $4,717,426.00 Paper Creek LS Funding is budgeted in the Commercial Paper project within the W&S Commercial Paper Fund for the purpose of funding the Mary's Creek & Walnut Creek LS project Funding for the Mary's Creek & Walnut Creek LS project is depicted below: Fund Existing Additional Appropriations Appropriations Project Total Fund 56023 - W&S $0.00I $4,717,426.00 $4,717,426.00 Commercial Paper Project Total $0.001 $4,717,426.00 $4,717,426.00 *Numbers rounded for presentation purposes. BUSINESS EQUITY OFFICE: The Business Equity Division placed an 8 percent business equity goal on this solicitation/ contract. CDM Smith, Inc., will be exceeding the goal at 23 percent, meeting the City's Business Equity Ordinance. Any changes in subcontractors will be reviewed by the Business Equity Division. The project is located in COUNCIL DISTRICT 3 and the City of Benbrook. FISCAL INFORMATION / CERTIFICATION: The Director of Finance certifies that funds are available in the Commercial Paper project within the W&S Commercial Paper Fund and upon approval of the above recommendations and adoption of the attached appropriation ordinance, funds will be available in the W&S Commercial Paper Fund for the Marys Creek & Walnut Creek LS project to support the above recommendations and execution of the agreement. Prior to any expenditure being incurred, the Water Department has the responsibility to validate the availability of funds. Submitted for Cily Manager's Office b . William Johnson 5806 Originating Business Unit Head: Chris Harder 5020 Additional Information Contact: Suzanne Abbe 8209