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Home My WebLink AboutOrdinance 27607-04-2025Ordinance No. 27607-04-2025 AN ORDINANCE INCREASING ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE GENERAL FUND, IN THE AMOUNT OF $1,500,000.00, FROM FY2024 ASSIGNED FUND BALANCE, FOR THE PURPOSE OF TRANSFERRING TO THE GENERAL CAPITAL PROJECTS FUND; 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 General Fund, in the amount of $1,500,000.00, from FY2024 Assigned Fund Balance, for the purpose of transferring to the General Capital Projects Fund. SECTION 2. That should any portion, section or part of a section of this ordinance be declared invalid, inoperative or void for any reason by a court of competent j urisdiction, such decision, opinion or j udgment shall in no way impair the remaining portions, sections, or parts of sections of this ordinance, which said remaining provisions shall be and remain in full force and effect. SECTION 3. That this ordinance shall be cumulative of Ordinance 27107-09-2024 and all other ordinances and appropriations amending the same except in those instances where the provisions of this ordinance are in direct conflict with such other ordinances and appropriations, in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed. SECTION 4. This ordinance shall take effect upon adoption. APPROVED AS TO FORM AND LEGALITY: Douglas Black (Aug 21, 2025 10:27:45 CDT) Assistant City Attorney ADOPTED AND EFFECTIVE: April 22, 2025 CITY SECRETARY Jannette S. Goodall City Secretary ,oG.aa-otimn A44�®RT 4o,�� O�0000000°O �$G p~g o 0 00° ° d pPo° * O 00 aaa��orEx�►y City of Fort Worth, Texas Mayor and Council Communication DATE: 04/22/25 M&C FILE NUMBER: M&C 25-0324 LOG NAME: 80CIQUIO VASQUEZ PARK PHASE I CONSTRUCTION SUBJECT (CD 11) Authorize Execution of a Contract with L.J. Design & Construction LLC, in the Amount of $4,629,948.24 for Construction of Park Improvements at Ciquio Vasquez Park, Adopt Appropriation Ordinances and Amend the Fiscal Year 2025 Adopted Budget and the Fiscal Years 2025-2029 Capital Improvement Program (2022 Bond Program) RECOMMENDATION: It is recommended that the City Council: 1. Authorize execution of a contract with L.J. Design & Construction LLC, in the amount of $4,629,948.24 for construction of park improvements at Ciquio Vasquez Park project (City Project No. 104195); 2. Authorize waiver of all City permit fees; 3. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the General Fund in the amount of $1,500,000.00 from Fiscal Year 2024 Assigned Fund Balance for the purpose of transferring to the General Capital Projects Fund; 4. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the General Capital Projects Fund in the amount of $1,500,000.00, transferred from fund balance within the General Fund, for the purpose of funding the Ciquio Vasquez Park Phase I project (City Project No.104195) ; and 5. Amend the Fiscal Year 2025 Adopted Budget and Fiscal Years 2025-2029 Capital Improvement Program. DISCUSSION: The purpose of this Mayor and Council Communication (M&C) is to authorize execution of a contract with L.J. Design & Construction LLC, in the amount of $4,629,948.24 for construction of park improvements at Ciquio Vasquez Park. The project was advertised for bid on November 20 and November 27, 2024, in the Fort Worth Star -Telegram. On December 19, 2024, the following bids were received and tabulated. BIDDER BASE BID L.J. Design & $4,629,948.24 Construction LLC A&C Construction $4,787,500.00 CGC General $4,931,837.14 Contractors Inc. Millis Development and Construction - $5,277,355.54 Dallas, LLC The Fain Group, Inc. $5,916,943.30 NorthStar $6,003,887.78 Construction. LLC C Green Scaping, LP $6,267.024.94 Base bid improvements include the following: realigned access drive turn in from Interstate Highway 35, 2 baseball fields and plaza complex, memorial overlook area for Mr. Ciquio Vasquez, walking loop path, playground, picnic pavilion and asphalt paving improvements. Contract time is 275 days, and construction is anticipated to commence in June 2025 and be completed by July 2026. As part of the Fiscal Year (FY) 2024 year-end process, the City Manager assigned $56,507,497.00 from the FY 2024 fund balance to address future capital shortfalls and library capital projects, as authorized by M&C 25-0003. This assigned amount exceeds the General Fund reserve requirements and is composed of the following sources: $9,472,519.00 from the sale of library property residuals, $14,627,444.00 from capital project shortfalls funded by the remaining assigned fund balance from FY2023, $7,690,534.00 from FY2024 budgetary savings, and $24,717,000.00 from one-time interest earnings. This action in the M&C will amend the Fiscal Year 2025 Adopted Budget, as approved in connection with Ordinance 27107-09-2024. Funding for this project was not included in the FY2025-2029 Capital Improvement Program due to cost overruns resulting from inflation and rising construction expenses. This M&C action will also amend the FY2025-2029 Capital Improvement Program, as approved in connection with Ordinance 27107- 09-2024. General Fund FY2024 Assigned Fund Balance for This M&C Revised Assigned Fund j Capital Balance Assigned Fund Balance - Capital Project $47,034,978.00 ($1,500,000.00) $45,534,978.00 Shortfalls Assigned Fund Balance - Library Capital $9 472,519.00 $0.00 I$9,472,519.00 JProjects _ `` Total Assigned Fund Balance for Capital $56,507,497.00 ($1,500,000.00) $55,007,497.00 This project is included in the 2022 Bond Program. The City's Extendable Commercial Paper (ECP) (M&C 22-0607; Ordinance 25675-08-2022) provides liquidity to support the appropriation. Available resources will be used to make any interim progress payments until debt is issued. Once debt associated with a project is sold, debt proceeds will reimburse the interim financing source in accordance with the statement expressing official Intent to Reimburse that was adopted as part of the ordinance canvassing the bond election (Ordinance 25515-05-2022). Funding is available in the 2022 Bond Program Fund and Assigned Fund balance within the General Fund for the purpose of funding park improvements at Ciquio Vasquez Park. The park improvements at Ciquio Vasquez Park are estimated to increase the department's annual maintenance cost by $113,637.62 beginning in Fiscal Year 2026. The Business Equity Division placed a 12.51 % business equity goal on this solicitation/contract. L.J. Design and Construction LLC, will be exceeding the goal at 13.13%, meeting the City's Business Equity Ordinance. Any changes in subcontractors will be reviewed by the Business Equity Division. Ciquio Vasquez Park is located in COUNCIL DISTRICT 11. FISCAL INFORMATION / CERTIFICATION: The Director of Finance certifies that funds are currently available in the 2022 Bond Ciquio Vasquez Park project within the 2022 Bond Program Fund and in the General Fund and upon approval of the above recommendations and adoption of the attached appropriation ordinances, funds will be available in the 2022 Bond Program Fund and General Capital Projects Fund for the 2022 Bond Ciquio Vasquez Park project to support the approval of the above recommendations and execution of the contract. Prior to any expenditure being incurred, the Park & Recreation Department is responsible for validating the availability of funds. Submitted for Citv Manaaer's Office bv: Dana Burghdoff 8018 Oriainatina Business Unit Head: Dave Lewis 5717 Additional Information Contact: Scott Penn 5750