HomeMy WebLinkAbout6304-05-2026 - City Council - ResolutionA Resolution
NO.6304-05-2026
STATEMENT EXPRESSING OFFICIAL INTENT TO REIMBURSE
EXPENDITURES WITH PROCEEDS OF FUTURE DEBT FOR THE 16 TO
36-INCH CAST IRON WATER MAIN REPLACEMENT AT HOLLY TO
NORTHSIDE PUMP STATION
WHEREAS, the City of Fort Worth, Texas (the "City") is a home -rule municipality and
political subdivision of the State of Texas; and
WHEREAS, the City expects to pay expenditures in connection with the design,
planning, acquisition and construction for the 16 to 36-inch Cast Iron Water Main Replacement
at Holly to Northside Pump Station Project (the "Project") prior to the issuance of obligations by
the City in connection with the financing of the Project from available funds; and
WHEREAS, the City finds, considers, and declares that the reimbursement of the City
for the payment of such expenditures will be appropriate and consistent with the lawful
objectives of the City and, as such, chooses to declare its intention, in accordance with the
provisions of Section 1.150-2 of the Treasury Regulations, to reimburse itself for such payments
at such time as it issues obligations to finance the Project.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF FORT WORTH, TEXAS, THAT:
1. The City reasonably expects debt, as one or more series of obligations, may be
issued or incurred by the City with an aggregate maximum principal amount not
to exceed $25,200,000.00 for the purpose of paying the aggregate costs of the
Project.
2. All costs to be reimbursed pursuant hereto will be capital expenditures. No
obligations will be issued by the City in furtherance of this Statement after a date
which is later than 18 months after the later of (1) the date the expenditures are
paid or (2) the date on which the property, with respect to which such expenditures
were made, is placed in service.
3. The foregoing notwithstanding, no obligation will be issued pursuant to this
Statement more than three years after the date any expenditure which is to be
reimbursed is paid.
4. This resolution shall be effective from and after its passage by the City Council.
Adopted this 12TH day of May 2026.
ATTEST:
By:
A _)&$c,--QJ
Jannette S. Goodall, City Secretary
1S gONgININOO N
'Lm1SeNIVIN wri
3AV SS021
• •—• s
C•1
,OAV
3AV 11z1V3d ,
3AV in NIS3Ho'
'.311139
Os,
sY 4b-d,
_ ,
City of Fort Worth, Texas
Mayor and Council Communication
DATE: 05/12/26 M&C FILE NUMBER: M&C 26-0353
LOG NAME: 60NSIDE CASTIRON WMREPLACEPARTI-SYBANDFNI
SUBJECT
(CD 2) Authorize Execution of a Contract with S.Y.B. Construction Co., Inc. in the Amount of $19,608,045.85 for 16-36 Inch Cast Iron Water Main
Replacement in Holly -North Side Pump Station, Part 1, Authorize Execution of Amendment No.1, in the Amount of $320,000.00, to an Engineering
Agreement with Freese and Nichols, Inc. for the 16-36 Inch Cast Iron Water Main Replacement in Holly -North Side Pump Station Project Part 1 for
a Revised Contract Amount of $1,754,070.00, Adopt Resolution Expressing Official Intent to Reimburse Expenditures from Proceeds of Future
Debt Project, and Adopt Appropriation Ordinance to Effect a Portion of Water's Contribution to the Fiscal Years 2026-2030 Capital Improvement
Program
RECOMMENDATION:
It is recommended that the City Council:
1. Authorize execution of a contract with S.Y.B. Construction Co., Inc. in the amount of $19,608,045.85 for the 16-36 inch Cast Iron Water Main
Replacement in Holly -North Side Pump Station project Part 1;
2. Authorize execution of Amendment No.1, in the amount of $320,000.00, to City Secretary Contract No. 61078, an Engineering Agreement
with Freese and Nichols, Inc., for construction support services for the 16-36 inch Cast Iron Water Main Replacement in Holly -North Side
Pump Station project Part 1 for a revised contract amount of $1,754,070.00;
3. Adopt the attached resolution expressing official intent to reimburse expenditures with proceeds of future enterprise fund debt for the 16-36-
inch Cast Iron Water Main Replacement in Holly -North Side Pump Station Project Part 1; and
4. Adopt the attached appropriation ordinance adjusting estimated appropriations in the Water and Sewer Commercial Paper Fund by
decreasing estimated appropriations in the Commercial Paper Project (City Project No. UCMLPR) in the amount of $20,994,394.00 and
increasing estimated appropriations in the 16-36 inch Cast Iron Water Main Replacement in Holly -North Side Pump Station project (City
Project No. 105068) by the same amount and to effect a portion of Water's contribution to the Fiscal Years 2026-2030 Capital Improvement
Program.
DISCUSSION:
The purpose of this Mayor and Council Communication (M&C) is to authorize execution of a construction contract in the amount of $19,608,045.85
with S.Y.B. Construction Co., Inc. and the execution of Amendment No. 1 in the amount of $320,000.00 to an engineering agreement with Freese
and Nichols, Inc. for the 16-36 inch Cast Iron Water Main Replacement in Holly -North Side Pump Station project, Part 1.
On February 27, 2024, M&C 24-0174 authorized an engineering agreement with Freese and Nichols, Inc., (City Secretary Contract No. 61078) in
the amount of $1,434,070.00 for the preparation of plans and specifications for the 16-36 inch Cast Iron Water Main Replacement in Holly -North
Side Pump Station project Part 1.
Amendment No. 1 provides for construction management, resident project representative, and construction support services including shop
drawings, submittal reviews, change order review, archeological monitoring tracking, and record drawings.
The project provides for Water and/or sanitary sewer main replacements as indicated on the following streets and easement:
Street
From
To
Scope of
Work
NW 27th Street
W Long Avenue
Ephriham
Avenue
Water
NW 28th Street
Rosen Avenue
Hanna Avenue
Water
Rosen Avenue
Northside Pump
Station
NW 28th Street
Water
Rock Island
Street
NW 27th Street
NW 28th Street
Water
NW 27th Street
Roosevelt Avenue
Pearl Avenue
Water/Sewer
Pearl Avenue
NW 27th Street
NW 22nd Street
Water
NW 23rd Street
Loving Avenue
N Calhoun Street
Water
NW 28th Street
Robinson Street
Macie Avenue
Water
N Commerce
Street
NE 21st Street
NW 23rd Street
Water
NW 22nd Street
N Main Street
N Commerce
Street
Water
Construction of the project was advertised for bid on January 28, 2026 and February 4, 2026 in the Fort Worth Star -Telegram. On March 19, 2026
the following bids were received:
Bidder
Amount
Contract
Time
S.Y.B. Construction Co., Inc.
$19,608,045.85
850
Calendar
Days
Jackson Construction Ltd.
$25,387,362.00
William J. Schultz, Inc. dba Circle C
Construction Company
$30,838,141.25
S.J. Louis Construction of Texas, LTD
$32,365,000.00I
Small Business (SB) Goal - S.Y.B. Construction Co., Inc is in compliance with the small business goal.
In addition to the contract amount, $659,420.15 (Water: $592,414.15; Sewer: $67,006.00) is required for project management and inspection and
$406,928.00 (Water: $388,469.00; Sewer: $18,459.00) is provided for project contingency.
The sanitary sewer component of this project is part of the Water Department's Sanitary Sewer Overflow Initiative Program. Approximately 15,948
linear feet of cast iron water and 200 linear feet of deteriorated sanitary sewer pipe will be removed and replaced as part of this project.
It is the practice of the Water Department to appropriate its Capital Improvement Program (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.
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 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.
Funding is available in the Commercial Paper project within the Water & Sewer Commercial Paper Fund for the purpose of funding the 16-36-inch
Cast Iron Water Main Replacement in Holly -North Side Pump Station project Part 1.
Funding for the 16-36 inch Cast Iron Water Main Replacement Holly -North Side Pump Station, Part 1 project is depicted below:
Fund
Existing
Appropriations
Additional
Appropriation)
I Project Total*
W&S Capital
Projects- Fund
56002
$1,818,180.00
$0.00
$1,818,180.00
W&S Commercial
Paper — Fund
56026
$0.00
$20,994,394.00
$20,994,394.00
Project Total
$1,818,180.00
$20,994,394.00
$22,812,574.00
"Numbers rounded for presentation purposes.
The project is located in COUNCIL DISTRICT 2.
FISCAL INFORMATION / CERTIFICATION:
The Director of Finance certifies that funds are currently available in the Commercial Paper project within the W&S Commercial Paper Fund, and
upon approval of the above recommendations and adoption of the attached appropriation ordinance, funds will be available in the W&S
Commercial Paper Fund for the 16-36in CI WM REPL HOLLY-NSPS project to support the execution of the construction contract and engineering
agreement amendment. Prior to any expense being incurred, the Water Department has the responsibility of verifying the availability of funds.
Submitted for City Manager's Office by: Jesica McEachern 5804
Originating Business Unit Head:
Chris Harder 5020
Additional Information Contact:
Bijay Upreti 8909