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HomeMy WebLinkAboutOrdinance 15658Ordinance No. AN ORDINANCE INCREASING ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE GRANTS FUND IN THE AMOUNT OF $844,735.44, UPON RECEIPT OF THE GRANT FROM THE U. S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT, FOR THE PURPOSE OF FUNDING TRINITY RIVER VISION WATERFRONT FAGI~ITIES CONSTRUCTION PROJECT; MAKING THIS ORDINANCE CUMULATIVE OF PRIOR ORDINANCES IN GONF~ICT HEREWITH; AND PROVIDING AN EFFECTIVE DATE. BE IT ORDAINED BY THE CITY GOUNCI~ OF THE CITY OF FORT WORTH, TEXAS: SECTION 1. That in addition to those amounts allocated to the various City departments for Fiscal Year 2002- 2043 in the Budget of the City Manager, there shall also be increased estimated receipts and appropriations in the Grants Fund in the amount of $804,735.40, upon receipt of the grant from the U.S. Department of Housing and Urban Development, for the purpose of funding the Trinity River Vision Waterfront Facilities Construction Project. 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 No. 15184 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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 shad take effect upon adoption. APPROVED AS TC7 FtJR~tif ANC LEGALITY: ,~,~ ~`~i ,~::tiL~ ~-SFr ;T :~- City of F©rt Worth, Texas ~~I~c~~~~ and ~:c~unci[ ~*+~mmun~ca~ic~n DATE REFERENCE NUMBER LC)G NAME PAGE 8126103 ~-14071 22TRINITY RIVER 1 of t suB.~ECT AUTHORIZATION TO APPLY FOR AND ACCEPT AN ECONOMIC DEVELOPMENT INITIATIVE {EDI} SPECIAL PROJECT GRANT FOR THE TRINITY RIVER VISION WATERFRONT FACILITIES CONSTRUCTION PROJECT, AND ADOPT THE ATTACHED APPROPRIATION ORDINANCE RECOMMENDATION: It is recommended that the City Council: 1. Authorize the City Manager to apply for and accept an Economic Development Initiative (EDI} Special Project grant in the amount of $804,735 from the U.S. Department of Housing and Urban Development (HUD} for the Trinity River Vision Waterfront Facilities Construction project; and 2. Authorize the City Manager to execute a grant agreement with HUD to fund the Trinity River Vision Waterfront Facilities Construction project; and 3. Adopt the attached appropriation ordinance increasing the estimated receipts and appropriations in the Grants Fund by $804,735 upon receipt of the grant. DISCUSSION: On June 3, 2003, the City Council adopted the Trinity River Vision Master Plan as a guide for future development along the Trinity River and its major tributaries. The Tarrant Regional Water District (TRWD}, in cooperation with Streams and Valleys, Inc., the U.S. Army Corps of Engineers, and the City of Fort Worth, led the effort to prepare the master plan. The master plan recommends altering the flow of the Trinity River at the confluence of the Clear and West Forks near downtown. The purpose of this project is to control the flow of the Trinity River so as to allow greater public access to the river and to create an urban waterfront environment. The proposed waterfront development will also reduce centraFcity flooding threats, especially the "sump areas" that still remain in the 100-year flood plain area. The waterfront concept has been endorsed by the City Council, the Tarrant County Commissioners Court, the TRWD board, and Streams and Valleys, Inc. During the Fl'2003 federai appropriations process. the Gity received an EDI Special Project earmark ire ,,, , _ r ~r,nti~,~ f,f ~~-i4 ~ t,~~ ~,.~",~ r ir.F~ r;t~~i,~~i ~,f h~ r ,~~ ~ r t~ , ~) . l <j'; t'Vlt~? ~3'' ~~~ ~'.~~fyi t~ll;~3'lt jtl ~i~.?~3!t' 1flE :)E'sIC~ll, Tilt ~'d`1!;1~1 ~ ~)E f~<3i~'il~f-'~tf ~'/I~~ ~3i~fThlll~stC'( tFlr' a(~fl', fli(~(j~, T}~is IarQject is located in COUNCIL DISTRICTS 2 and 9. pity ©f ~o~t ~o~tli, Texas ~~1~ay+~~ c~nd ~~+o~unc~i[ ~n~r~rtunic+~~~t~n A E REFEF2ENCE NUMBER LC~G NAME PAGE 8126lQ3(,~-'14071 22TRINITY RIVER 2 of 2 SUBJECT AUTHORIZATION TO APPLY FOR AND ACCEPT AN ECONOMIC DEVELOPMENT INITIATIVE {EDI} SPECIAL PROJECT GRANT FOR THE TRINITY RIVER VISION WATERFRONT FACILITIES CONSTRUCTION PROJECT, AND ADOPT THE ATTACHED APPROPRIATION ORDINANCE FISCAL INFORMATIONICERTIFICATION: The Finance Director certifies that upon approval of the above recommendations, receipt of the grant and adoption of the attached appropriation ordinance, funds will be available in the current operating budget, as appropriated, of the Grants Fund. 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