HomeMy WebLinkAbout6318-06-2026 - City Council - ResolutionA Resolution
NO. 6318-06-2026
REQUESTING FINANCIAL ASSISTANCE FROM THE TEXAS WATER
DEVELOPMENT BOARD IN AN AMOUNT UP TO $55,000,000.00 FROM THE
WATER SUPPLY AND INFRASTRUCTURE GRANT FOR THE WATER
DEPARTMENT; AUTHORIZING APPLICATION AND RELATED ACTIONS;
DESIGNATING AUTHORIZED REPRESENTATIVE; AND MAKING CERTAIN
FINDINGS
WHEREAS, the mission of the Texas Water Development Board (TWDB)
includes providing leadership, technical services, and financial assistance to support
planning, conservation, and responsible development of water for Texas; and
WHEREAS, in 2025, House Bill (HB) 500 from the 89th Texas Legislative
Session appropriated $1,038,000,000 from the general revenue fund to the TWDB for a
one-time opportunity for "infrastructure and supply projects and grants as determined
by the [TWDB] board" with TWDB having advised that it will provide funding in the
form of a 100 percent grant because HB 500 does not provide authorization for the
TWDB to use the funding to leverage bonds; and
WHEREAS, the City of Fort Worth, Texas deems it necessary to apply to the
Texas Water Development Board for financial assistance in an amount not to exceed
$55,000,000.00 for (i) the water portion only of Part 1 of the Water and Sanitary Sewer
Line Replacement Project on Camp Bowie Boulevard from Hulen Street to Montgomery
Street (CFW Proj 105062-1) and (ii) the 36-inch Water Main Project on North Riverside
Drive (CFW Proj 105433); and
WHEREAS, in accordance with the rules and regulations for making such
application to the Texas Water Development Board, the City Council is required to
adopt a resolution to accompany such application; and
WHEREAS, consideration of this Resolution is occurring in a meeting open to
the public, and public notice of the time, place, and purpose of the meeting was given as
required by Chapter 551, Texas Government Code.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF FORT WORTH, TEXAS, THAT:
Section 1. An application is hereby approved and authorized to be filed with the
Texas Water Development Board seeking financial assistance in an amount not to exceed
$55,000,000.00 for (i) the water portion only of Part 1 of the Water and Sanitary Sewer
Line Replacement Project on Camp Bowie Boulevard from Hulen Street to Montgomery
Street (CFW Proj 105062-1) and (ii) the 36-inch Water Main Project on North Riverside
Drive (CFW Proj 105433) (collectively the Water Pipeline Replacement Project), and the
Texas Water Development Board is hereby requested to grant such financial assistance.
Section 2. The Fort Worth City Manager or his designee be and is hereby
designated the authorized representative of the City of Fort Worth and the Fort Worth
Water Department (the City) for purposes of furnishing such information and executing
such documents as may be required in connection with the preparation and filing of
such application for financial assistance and the rules of the Texas Water Development
Board.
Section 3. The Fort Worth City Manager or his designee be and is hereby
authorized to execute and submit to the Texas Water Development Board an application
for such financial assistance; and the City Manager, together with the City's Bond
Counsel, Financial Advisors, and Consulting Engineers named in such application, are
hereby authorized to appear before the Texas Water Development Board in support of
such application and project.
Section 4. The City Manager is further specifically authorized to make the
required assurances to the Texas Water Development Board in accordance with the
rules, regulations, and policies of the Texas Water Development Board.
Section 5. The following firms and individuals are hereby authorized and
directed to aid and assist in the preparation and submission of such application and
appear on behalf of and represent the City before any hearing held by the Texas Water
Development Board on such application, to wit:
Financial Advisor: PFM Financial Advisors - Karlos Allen
Tijerina Financial Consulting LLC - Esther Young
Engineer: Kimley Horn & Associates - Shelby Warchesik
(Proj 105062-1)
Dunaway Associates LLC - Bryan Sherrieb
(CFW Proj 105433)
Bond Counsel: McCall, Parkhurst & Horton LLP — Chris Settle
Kelly Hart & Hallman LLP — Brandon Hill
Section 6. It is hereby found and determined that the City cannot reasonably
finance the proposed Water Pipeline Replacement Project without financial assistance in
the amount requested, and that the nature of the improvements proposed to be financed
necessitate an immediate and urgent consideration of this application.
Section 7. A certified copy of this Resolution shall be attached to the application
for financial assistance herein authorized to be prepared and submitted to the Texas
Water Development Board.
Section 7. It is hereby officially found and determined that the meeting at which this
Resolution was considered was open to the public, and public notice of the time, place and
purpose of said meeting was given, all as required by Chapter 551, Texas Government Code.
Adopted this 9th day of June 2026.
ATTEST:
By---------- —
Jannette S. Goodall, City Secretary