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HomeMy WebLinkAboutOrdinance 27572-04-2025ORDINANCE NO. 27572-04-2025 AN ORDINANCE ADJUSTING APPROPRIATIONS IN THE WATER AND SEWER COMMERCIAL PAPER FUND BY DECREASING APPROPRIATIONS IN THE W&S COMMERCIAL PAPER PROJECT (CITY PROJECT NO. UCMLPR) IN THE AMOUNT OF $7,787,217.00 AND INCREASING APPROPRIATIONS IN THE WESTSIDE TREATMENT PLANT III 30" WATER TRANSMISSION MAIN PROJECT (CITY PROJECT NO. 102688) BY THE SAME AMOUNT; PROVIDING FOR A SEVERABILITV 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 the budget of the City of Fort Worth for Fiscal Year 2024-2025, as enacted by Ordinance 27107-09- 2024, as amended, is hereby further amended to make the following adjustments to appropriations in the Water and Sewer Commercial Paper Fund by decreasing appropriations in the W&S Commercial Paper project (City Project No. UCMLPR) in the amount of $7,787,217.00 and increasing appropriations in the Westside Treatment Plant 111 30" Water Transmission Main project (City Project No. 102688) by the same amount. SECTION 2. That should any portion, section or part of section of this ordinance be declared invalid, inoperative or void for any reason by a court ofcompetent 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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 AS TO FORM AND LEGALITY: Douglas Black (Oct 17, 202517:10:05 CDT) Douglas W. Black Senior Assistant City Attorney ADOPTED AND EFFECTIVE: April 8, 2025 CITY SECRETARY Jannette S. Goodall City Secretary p~rCoo ;O d� d4 MAYOR AND COUNCIL COMMUNICATION MAP 60WS11136INWATERMPHASE2-MOUNTAINC N I wiz I Westside Water _ — - �° Treatment Plant 4 I I OLD WEATHER FORD R 1; Phase 1 '. Under Construction Q x --� �Illi'11111F11 11,1111" - a Proposed Phase 2 Water Transmission Main J Worth - I G Phase 1 -_ `� NOR•(N Under Construction 1 Ln I- Water Ground — — — — — Storage Tank Site FORTWORTH® g 0 A City of Fort Worth, Texas Mayor and Council Communication DATE: 04/08/25 M&C FILE NUMBER: M&C 25-0289 LOG NAME: 60WESTSIDE III WATERMAINP2-MOUNTAINC SUBJECT (CD 3 and CD 7) Authorize Execution of a Contract with Mountain Cascade of Texas, LLC in the Amount of $7,086,991.00 for Westside Treatment Plant III 30" Water Transmission Main Project Phase 2, Adopt Resolution Expressing Official Intent to Reimburse Expenditures with Proceeds of Future Debt, and Adopt Appropriation Ordinance to Effect a Portion of Water's Contribution to the Fiscal Years 2025-2029 Capital Improvement Program RECOMMENDATION: It is recommended that the City Council: 1. Authorize execution of a contract with Mountain Cascade of Texas, LLC in the amount of $7,086,991.00 for the Westside Treatment Plant III 30" Water Transmission Main project (City Project No. 102688) Phase 2; 2. Adopt the attached resolution expressing official intent to reimburse expenditures with proceeds from future debt for the Westside Treatment Plant III 30" Water Transmission Main project; and 3. Adopt the attached appropriation ordinance adjusting appropriations in the W&S Commercial Paper Fund by decreasing appropriations in the W&S Commercial Paper project (City Project No. UCMLPR) in the amount of $7,787,217.00 and increasing appropriations in the Westside Treatment Plant III 30" Water Transmission Main project (City Project No. 102688) by the same amount to effect a portion of Water's Contribution to the 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 Mountain Cascade of Texas, LLC in the amount of $7,086,991.00 for the Westside Treatment Plant III 30" Water Transmission Main Phase 2. The project was advertised for bid on November 20 and 27, 2024, in the Fort Worth Star -Telegram. On January 9, 2025, the following bids were received: Bidders Total Bid Contract Time 430 Mountain Cascade of Texas, LLC $7,086,991.00 Calendar Days S. J. Louis Construction of Texas, Ltd. $7,741,213.00 Thalle Construction Company, Inc. $8,194,942.001 William J Schultz Inc. dba Circle C $8,229,118.00 Construction Company In addition to the contract cost, $416,746.00 is required for project management and inspection and $283,480.00 is provided for project contingency. This project will have no impact on the Water Department's operating budget when complete. This project is anticipated to be included in a future revenue bond issue for the Water & Sewer Fund. Available cash within the Water and Sewer portfolio and the City's portfolio along with the appropriation authority authorized under the Callable Commercial Paper Program (CP) will be used to provide interim financing for this project until the debt is issued. Once debt associated with this project is sold, bond proceeds will be used to reimburse the Water and Sewer portfolio and the City's portfolio in accordance with the attached reimbursement resolution. Under federal law, the debt must be issued within approximately three years in order for these expenses to be reimbursable. Adoption of the attached resolution does not obligate the City to sell bonds but preserves the ability of the City to reimburse itself from tax-exempt bond proceeds. It is the practice of the Water Department to appropriate its CIP plan throughout the Fiscal Year, instead of within the annual budget ordinance, as projects commence, additional funding needs are identified, and to comply with bond covenants. The actions in the M&C will amend the City of Fort Worth's Fiscal Year 2025-2029 Capital Improvement Program as follows: 60WESTSIDE III WATERMAINP2- MOUNTAINC Capital Revised Project FY2025 CIP Budget Change Fund Authority FY2025 Name Name Appropriations (Increase/Decrease) 9 Bud et 56023- 102688 — W&S WS Commercial Treatment $0.00 This M&C $7,787,217.00 $7,787,217.00 Paper Plant III 30 WTM Funding for the WS Treatment Plant III 30" WTM project is depicted below: Fund W&S Commercial Paper- Fund 56023 W&S Rev Bonds Series 2023 - Fund 56021 Existing Additional Appropriations Appropriations Project Total* $0.00 $7,787,217.00 $7,787,217.00 $21,125,743.00 $0.00 $21,125,743.00 W&S Rev Bonds Series 2021 - $2,845,105.00 $0.00 $2,845,105.00 Fund 56019 Project Total $23,970,848.00 $7,787,217.00 $31,758,065.00 *Numbers rounded for presentation purposes. Funding is budgeted in the W&S Commercial Paper project within the W&S Commercial Paper Fund for the purpose of funding the Westside Treatment Plant III 30" Water Transmission Main project. Business Equity: Business Equity placed a 17.46 percent business equity goal on this project. Mountain Cascade of Texas, LLC, is committing to 8.04 percent MWBE participation, and Good Faith Effort (GFE) with supporting documentation was submitted, which is in accordance with the City's Business Equity Ordinance. Any changes in subcontractors will be reviewed by the Business Equity Division. The project is located in COUNCIL DISTRICT 3 and 7. FISCAL INFORMATION / CERTIFICATION: The Director of Finance certifies that funds are currently available in the W&S Commercial Paper project within the W&S Commercial Paper Fund and upon approval of the above recommendations and adoption of the appropriation ordinance, funds will be available in the W&S Commercial Paper Fund for the WS Treatment Plant III 30 WTM project to support the approval of the above recommendations and execution of the construction contract. Prior to an expenditure being incurred, the Water Department has the responsibility of verifying the availability of funds. Submitted for Citv Manaaer's Office bv: Jesica McEachern 5804 Oriainatina Business Unit Head: Chris Harder 5020 Additional Information Contact: Walter P Norwood 5026