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HomeMy WebLinkAboutOrdinance 27945-09-2025Ordinance No.27945-09-2025 AN ORDINANCE INCREASING ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE STORMWATER REVENUE BONDS 2020 FUND, FROM AVAILABLE PROCEEDS DRAINAGE REVENUE REF 2020 FUNDS WITHIN UNSPECIFIED - ALL FUNDS PROJECT (CITY PROJECT NO. UNSPEC), BY (I) INCREASING ESTIMATED RECEIPTS AND APPROPRIATIONS, IN THE AMOUNT OF $2,050,000.00, FOR THE PURPOSE OF FUNDING THE COMANCHE TRAIL HROM PROJECT (CITY PROJECT NO. 103396); AND (II) INCREASING ESTIMATED RECEIPTS AND APPROPRIATIONS, IN THE AMOUNT OF $723,967.00, FOR THE PURPOSE OF FUNDING THE GREENFIELD ACRES DRAINAGE PH4 PROJECT (CITY PROJECT NO. 102975); 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 Stormwater Revenue Bonds 2020 Fund, from available Proceeds Drainage Revenue Ref 2020 funds within Unspecified - All Funds project (City Project No. UNSPEC), by (i) increasing estimated receipts and appropriations, in the amount of $2,050,000.00, for the purpose of funding the Comanche Trail HROM project (City Project No. 103396); and (ii) increasing estimated receipts and appropriations, in the amount of $723,967.00, for the purpose of funding the Greenfield Acres Drainage Ph4 project (City Project No. 102975). Project # - Description Appropriation Increase/Decrease CPN: 103396 - Comanche Trail HROM Proiect $2,050,000.00 CPN: 102975 - Greenfield Acres Drainage Ph4 Proiect $723,967.00 Total Appropriation Adjustments $2,773,967.00 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 arc 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 (Oct 2, 2025 17:48:48 CDT) Assistant City Attorney ADOPTED AND EFFECTIVE: September 16, 2025 CITY SECRETARY Jannette S. Goodall City Secretary 67 O i�o o� ..° o -Fd City of Fort Worth, Texas Mayor and Council Communication DATE: 09/16/25 M&C FILE NUMBER: M&C 25-0863 LOG NAME: 20STORMWATER REV BONDS 2020 APPROPRIATION SUBJECT (CD 7 and CD 2) Adopt an Appropriation Ordinance in the Amount of $2,773,967.00, in Stormwater Rev Bonds 2020 Fund, to Provide Additional Funding for the Comanche Trail HROM and the Greenfield Acres Drainage Ph4 Projects, and Amend Fiscal Years 2025-2029 Capital Improvement Program RECOMMENDATION: 1. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the Stormwater Revenue Bonds 2020 Fund, from available Proceeds Drainage Revenue Ref 2020 funds within Unspecified - All Funds project (City Project No. UNSPEC), by (i) increasing estimated receipts and appropriations, in the amount of $2,050,000.00, for the purpose of funding the Comanche Trail HROM project (City Project No. 103396); and (ii) increasing estimated receipts and appropriations, in the amount of $723,967.00, for the purpose of funding the Greenfield Acres Drainage Ph4 project (City Project No. 102975); and 2. Amend the Fiscal Years 2025-2029 Capital Improvement Program. DISCUSSION: The purpose of this Mayor and Council Communication (M&C) is to replace existing Stormwater Capital PayGo funds in the Comanche Trail Hazardous Road Overtopping Mitigation (HROM) project (City Project No. 103396) and Phase 4 of the Greenfield Acres Flood Mitigation project (City Project No. 102975) with 2020 Stormwater Revenue Bonds funding. The 2020 Stormwater Revenue Bond funding is available for re - appropriation due to several projects being completed under budget, thus bringing about the need to reallocate the remaining bond funds. Due to the priority to fully spend out the remaining 2020 Revenue Bond funds, the Fiscal Years (FY) 2025-2029 Capital Improvement Program will be amended to reflect the replacement of Stormwater PayGo Funds with 2020 Stormwater Revenue Bond funding for the Comanche Trail HROM project and Phase 4 of the Greenfield Acres flood mitigation project. The Comanche Trail HROM project was substantially completed in fall 2024 and is currently in project closeout. Phase 4 of the Greenfield Acres flood mitigation project, the last phase of the large scale, phased improvements, was substantially complete in June 2025. Upon the adoption of the appropriation ordinance, eligible expenses in the amount of $2,773,967.00 will be funded with 2020 Stormwater Revenue Bonds and residual funding and the same amount within the Stormwater Capital Projects Fund will be transferred out of the Comanche Trail HROM and the Greenfield Acres Drainage Ph4 projects to Unspecified - All Funds project (City Project No. UNSPEC) and reprogrammed to other high priority stormwater capital projects in a future M&C. Funding is available in the Unspecified -All Funds project with the Stormwater Revenue Bonds 2020 Fund for the Transportation and Public Works Department for the purpose of funding the Comanche Trail HROM and the Greenfield Acres Drainage Ph4 projects, as appropriated. A Form 1295 is not required because: This M&C does not request approval of a contract with a business entity. FISCAL INFORMATION / CERTIFICATION: The Director of Finance certifies that funds are currently available in the Unspecified - All Funds project within the Stormwater Rev Bonds 2020 Fund and upon approval of the above recommendations and adoption of the attached appropriation ordinance, funds will be available in the Stormwater Rev Bonds 2020 Fund for the Comanche Trail HROM and the Greenfield Acres Drainage Ph4 projects. Prior to any expenditure being incurred, the Transportation and Public Works Department has the responsibility to validate 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