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HomeMy WebLinkAboutOrdinance 21003-10-2013 Ordinance No. AN ORDINANCE INCREASING THE ESTIMATED By.CEI9T8 AND APPROPRIATIONS IN THE CULTURE AND TOURISM FUND IN THE AMOUNT OF $91.000D0, DECREASING THE ASSIGNED C[7L7DIDE AND 'I0[IRl3M FUND BALANCE 0TTHE SAME AMOUNT, FOR THE PURPOSE MARKETING AND F2AB0D.D[Y ANALYSIS SERVICES FOR THE CITY OF FORT YVOBTB`S DOWNTOWN HOSPITALITY MARKET; PROVIDING FOR & SEVERHBD.[[y CLAUSE; MAKING THIS ORDINANCE CUMULATIVE DP PRIOR ORDINANCES; REPEALING ALL ORDINANCES IN CONFLICT HEREWITH; AND PROVIDING AN EFFECTIVE DATE. BB [T ORDAINED 8Y THE CITY COUNCIL 0P THE CITY 0F FORT WORTH, TEXAS: SECTION l. That in addition to those amounts allocated to the various City departments for Fiscal Year 2013-2014 in the Budget of the City Manager, there shall also be increased estimated receipts and appropriations in the Culture and Tourism Fund in the amount of$9 1,000.00, decreasing the assigned Culture and Tourism Fund balance by the same amount, for the purpose marketing and feasibility analysis services for the City ufFort Worth's downtown hospitality market. SECTION 2. That should any portion, section Vz part nfa aecduo of this ordinance budeclared invalid, inoperative or void for any reason byu court o[competent juniodiodon, such decision, opinion oc judgment shall inooway impair the rcnzau�ng portions, sections, or parts of mocdoox of this ordinance, vvbiob said remaining provisions shall be and remain in full force and effect. SECTION 3. That this unJi0000e obuU be 000zu|adve of Ordinance N". 20952-09-2013 and all other ordinances and appropriations amending the muozc except in tbuuo ioatuu000 where the provisions oftbis ordinance are in direct conflict with such other ordinances and appropriations, in whicb instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed. SECTION 4. This ordinance shall take effect upon adoption. APPROVED D FORM AND LEGALITY: Assistant City Attorney Mary J. Kayqe Ci� Secrt,`tary ADOPTED AND EFFECTIVE: October 15, 2013 City of Fort Worth, Texas Mayor and Council Communication COUNCIL ACTION: Approved on 10115/2013 - Ordinance No. 21003-10-2013 .ni0 ///.insad id�i)/ r l.A."'.9/ i/l.die ,..�///rl ii ,:,/.✓9f, O6¢.2i /./J.Fikd1�/ .PGb//I//1./I///.l//f//. /Il..1100.1/Al!9Yr DATE: Tuesday, October 15, 2013 REFERENCE NO.: C-26509 LOG NAME: 25MARKETSTUDY SUBJECT: Authorize Execution of a Tripartite Professional Services Agreement Between the City of Fort Worth, the Fort Worth Convention and Visitors Bureau, and Hunden Strategic Partners, Inc., for Market and Feasibility Analysis Services for the City of Fort Worth's Downtown Hospitality Market in the Overall Amounts Not to Exceed $162,000.00 and $20,000.00 for Contingency and Staff Time for an Overall Project Amount of $182,000.00 with the Bureau and the City Each Paying One-Half of the Contract Costs and Adopt Supplemental Appropriation Ordinance (COUNCIL DISTRICT 9) RECOMMENDATION: It is recommended that the City Council: 1. Adopt a supplemental appropriation ordinance increasing receipts and appropriations in the Culture and Tourism Fund in the amount of$91,000.00 decreasing the assigned Culture and Tourism fund balance by the same amount; and 2. Authorize the execution of a Professional Services Agreement between the City of Fort Worth, the Fort Worth Convention and Visitors Bureau and Hunden Strategic Partners, Inc., an Indiana Corporation for market and feasibility analysis services for the City of Fort Worth's downtown hospitality market in a total amount not to exceed $182,000.00 with the Fort Worth Convention and Visitors Bureau and the City of Fort Worth each paying one-half of the contract costs in the amount of$91,000.00. DISCUSSION: The purpose of this Mayor and Council Communication is to seek authorization to execute a Professional Services Agreement (Agreement) between the City of Fort Worth (City), Fort Worth Convention and Visitors Bureau (CVB) and Hunden Strategic Partners, Inc. (HSP), for market and feasibility analysis of Fort Worth's downtown hospitality market, including market demand for convention type hotels and a future expansion of the Fort Worth Convention Center with the CVB and the City each sharing in one-half of the contract costs. The proposed Agreement will consist of two phases. As part of Phase I, HSP will provide market and feasibility analysis services to identify the potential for short-term and long-term growth in the City's hospitality market and the economic impact of such growth as a result of the anticipated population increases within the City. If the market and feasibility analysis supports consideration of a future convention center expansion/modernization project, then the City may authorize HSP to conduct a Phase II assessment, which would consist of HSP providing preliminary concept designs, cost estimates, and funding options for enhancements to the Fort Worth Convention Center that will maximize potential benefits. The City is the 16th largest city in the United States. It is anticipated that by the year 2040, Fort Worth will have a population of 1,199,673. A review of major Texas cities indicates that Fort Worth's hospitality Logname: 25MARKETSTUDY Page 1 of 3 market, as demonstrated by the collection of the Hotel Occupancy Tax revenue is significantly less than its competitor cities despite strong revenue per available room in the downtown hotel market. Additional study is necessary to identify the potential for growth of Fort Worth's overall hospitality market and resultant economic impact. On May 14, 2013, the Public Events Department and the CVB staff recommended to City Council that a Request for Qualifications (RFQ) be issued for a third-party industry consultant to identify the potential for the growth and development of Fort Worth's hospitality market. The City advertised the RFQ in the Fort Worth Star-Telegram on July 8, 2013 and July 15, 2013 for the market and feasibility analysis. Statements of Qualifications (SOQ) were received on August 8, 2013 from five firms. On August 21, 2013, a selection committee consisting of four members; two each from the City and the CVB met to review the qualifications and decided to interview the five firms. On September 3, 2013, the selection committee interviewed the five firms and based on the SOQ and interview, recommends HSP for this project. The total Market and Feasibility Analysis services cost are not expected to exceed: Consultant $162,000.00 Contingency, Staff $ 20,000.00 Total $182,000.00 The City and CVB will engage HSP and will assist with the performance of the Agreement. Financial participation by the City will be in the amount not to exceed $91,000.00 inclusive of the City's $10,000.00 contingency set aside. MIWBE Office: Hunden Strategic Partners, Inc., is in accordance with the City's Business Diversity Enterprise Ordinance, This work was solicited under the guidelines of the Business Diversity Enterprise Ordinance's MIWBE Prime Program. Therefore, no M/WBE subcontracting goal was set. Instead, to encourage MIWBEs to submit proposals as the prime, incentive points were made available to allocate to M/WBE primes. This project is in COUI',4CIL DISTRICT 9, but will serve ALL COUNCIL DISTRICTS. FISCAL INFORMATION / CERTIFICATION: The Financial Management Services Director certifies that upon adoption of the attached supplemental appropriation ordinance, funds will be available in the current operating budget, as appropriated, of the Culture and Tourism Fund. Upon approval, the assigned fund balance of the Culture and Tourism Fund will exceed the minimum reserve as outlined in the Financial Management Policy Statements. FUND CENTERS: TO Fund/Account/Centers FROM Fund/Account/Centers GG04 531200 0240600 $91,000.00 GG04 531200 0240600 $91,000.00 GG04 531200 0240600 $81,000.00 CERTIFICATIONS: Submitted for City Manager's Office by: Susan Alanis (8180) Originating Department Head: Kirk Slaughter (2501) Lognarne: 25MARKETSTUDY Page 2 of 3 Additional Information Contact: Betty Tanner (2502) Logname: 25MARKETSTUDY Page 3 of 3