HomeMy WebLinkAboutOrdinance 27937-09-2025Ordinance No. 27937-09-2025
AN ORDINANCE INCREASING ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE
TAX INCREMENT REINVESTMENT ZONE - GENERAL CAPITAL FUND, IN THE AMOUNT
OF $1,500,000.00, TRANSFERRED FROM THE TAX INCREMENT REINVESTMENT ZONE
NUMBER TWO A (NO. 2A) - TEXAS MOTOR SPDWY FUND, FOR THE PURPOSE
OF FUNDING THE TRAFFIC SIGNAL AND PEDESTRIAN IMPROVEMENTS AT STATE HIGHWAY
114 AND CHAMPIONSHIP PARKWAY PROJECT (CITY PROJECT NO. 105557); 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 Tax
Increment Reinvestment Zone - General Capital Fund in the amount of $1,500,000.00, transferred from the
Tax Increment Reinvestment Zone Number Two A (No. 2A) - Texas Motor Spdwy Fund, for the purpose of
funding the traffic signal and pedestrian improvements at State Highway 114 and Championship Parkway
project (City Project No. 105557).
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said prior ordinances and appropriations are hereby expressly repealed.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 A TO FORM AND LEGALITY:
Douglas Black (Oct 2, 2025 17:51:23 CDT)
Assistant City Attorney
ADOPTED AND EFFECTIVE: September 16, 2025
CITY SECRETARY
n Goodall
City Secretary
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Data Source: CFW GIS, NearMap I Map generated November 2024
0 520 1,040 TPW Business Support Services
Copyright (0 2024 City of Fort Worth. Unauthorized reproduction is o violation of
applicuble laws. This data is to be use forgraphical representation only. The accuracy
is not to be taken/used as data produced for engineer ing pm poses or by a registered
■ Feet N professional land surveyor. The City of Fort Worth assumes no responsibility for the
�� ' accuracy of said data.
City of Fort Worth, Texas
Mayor and Council Communication
DATE: 09/16/25 M&C FILE NUMBER: M&C 25-0859
LOG NAME: 2025 SH 114 AND CHAMPIONSHIP PARKWAY FUNDING AND ICA
SUBJECT
(CD 10) Accept Funds in the Amount Up to $1,500,000.00 from Tax Increment Reinvestment Zone Number Two for Construction of State
Highway 114 and Championship Parkway Intersection Improvement Project; Authorize Execution of an Interlocal Cooperation Agreement with
Denton County for an Amount Up to $5,000,000.00, with Participation in an Amount Up to $1,500,000.00 for Design and Construction of the
Project; Adopt Appropriation Ordinances and Amend the Fiscal Years 2025-2029 Capital Improvement Program
RECOMMENDATION:
It is recommended that the City Council:
1. Accept funding in the amount of $1,500,000.00 from the Tax Increment Reinvestment Zone Number Two for the State Highway 114 and
Championship Parkway Intersection Improvement project (City Project No.105557);
2. Authorize execution of an Interlocal Cooperation Agreement with Denton County for an amount up to $5,000,000.00, with County
participation in an amount up to $3,500,000.00 and City participation in an amount up to $1,500,000.00 for design and construction of the
State Highway 114 and Championship Parkway Intersection Improvement project (City Project No. 105557);
3. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the Tax Increment Reinvestment Zone -
General Capital Fund in the amount of $1,500,000.00, transferred from the Tax Increment Reinvestment Zone Number Two A (No. 2A) -
Texas Motor Spdwy Fund, for the purpose of funding the traffic signal and pedestrian improvements at State Highway 114 and
Championship Parkway project (City Project No. 105557);
4. Adopt the attached appropriation ordinance increasing receipts and appropriations in the 2007 Critical Capital Projects Fund in the amount
of $50,000.00, from available proceeds from CO2008 within Unspecified -All Funds project (City Project No. UNSPEC), for the purpose of
funding the SH 114 and Championship Parkway Improvements project (City Project No. 105557); and
5. Amend the Fiscal Years 2025-2029 Capital Improvement Program.
DISCUSSION:
The purpose of this Mayor and Council Communication (M&C) is to accept funding from the Tax Increment Reinvestment Zone Number Two
('TIF') for the State Highway (SH) 114 and Championship Parkway Intersection Improvement project in an amount up to $1,500,000.00 subject to
the execution of the TIF Development Agreement, authorize execution of an Interlocal Cooperation Agreement (ICA) with Denton County, with
Denton County's share in an amount up to $3,500,000.00, for design and construction of the project, and appropriate $50,000.00 for management
of the project by City of Fort Worth staff.
On October 16, 2024, the Board of Directors for the TIF passed a resolution authorizing funding for the City of Fort Worth for intersection
improvements at State Highway 114 and Championship Parkway (See attached Resolution). Approval of this Mayor and Council Communication
allows the City to receive this funding for the project.
The location of this project is at the intersection of SH 114 and Championship Parkway. The scope of the project is to design and construct new
traffic and pedestrian signals to provide a protected signalized intersection, reconfigure the existing travel lane layout to provide dual through lanes
and dual left turn lanes on northbound and southbound Championship Parkway, construct Americans with Disabilities Act (ADA) compliant
sidewalks and ramps and install new pavement markings and signage.
Denton County will conduct and pay for design of the project improvements, the City will review the engineering plans, Denton County will
incorporate City of Fort Worth comments during the design process and Denton County will advertise, bid and award the construction contract and
build the project.
Funding for this project was not included in the FY2025-2029 Capital Improvement Program due to project inception after the adoption of the
Capital Improvement Program. The action in this M&C will update the FY2025-2029 Capital Improvement Program.
Funding is available in the TIRZ #2A - Texas Motor Speedway Fund and in the Unspecified -All Funds project within the 2007 Critical Capital
Projects Fund for the purpose of funding the SH 114 at Championship Pkwy project.
This program is located in COUNCIL DISTRICT 10.
A Form 1295 is not required because: This contract will be with a governmental entity, state agency or public institution of higher education: Denton
County
FISCAL INFORMATION / CERTIFICATION:
The Director of Finance certifies that funds are currently available in the TIRZ #2A — Texas Motor Spdwy Fund and in the Unspecified -All Funds
project within the 2007 Critical Capital Projects Fund and upon approval of the above recommendations and adoption of the attached
appropriation ordinances, funds will be available in the TIRZ - General Capital and 2007 Critical Capital Project Funds for the SH 114 at
Championship Pkwy project to support the approval of the above recommendations and execution of the agreement. Prior to an expenditure
being incurred, the Transportation & Public Works and Economic Development Departments have the responsibility of verifying the availability of
funds.
Submitted for Citv Manaaer's Office bv: Jesica McEachern 5804
Oriainatina Business Unit Head: Lauren Prieur 6035
Additional Information Contact: Monty Hall 8662