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Home My WebLink About26-6354 - City Council - Resolution (2)RESOLUTION 26-6354 STATEMENT EXPRESSING OFFICIAL INTENT TO REIMBURSE EXPENDITURES WITH PROCEEDS OF FUTURE DEBT FOR THE WSM-E WATER AND SANITARY SEWER REPLACEMENT 2025 RIDGLEA PHASE 4 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 WSM-E Water and Sanitary Sewer Replacement 2025 Ridgle Phase 4 Project (the "Project") prior to the issuance of obligations by the City in connection with the financing of the Project from available fund; 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 $2,000,000.00 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. This resolution shall be effective from and after its passage by the City Council. Adopted this August 11, 2026. ATTEST: By: Li Jannette S. Goodall, City Secretary YO*oOOO 0OR0 k ° °_� dOOO �a TEX Asap MAYOR AND COUNCIL COMMUNICATION MAP 60WSSC25WSME-SHIELD GARLAND ., � �p G�Ss , ;y O��•� I A � �.w„y;I1L GPMQ JQ �� I'. RIDGLEA�?Tjj L PLACE _ LI 4 I. PJ�__ n_74LT'__ �Q HILLDALE O Opp, COURT\%y y �. a - #' I I 0 '4lijjjj TR F a IT' SHARON ROAD EDGEHILL FORT WORTHo SEALANDS 'r ;.e4 r LANE R, FORT WORTH. MAYOR AND COUNCIL COMMUNICATION 7.5.26SHIELD ENGINEERING GROUP, LLC ENGINEERING AGREEMENT FOR WSM-E WATER AND SEWER REPLACEMENT IN RIDGLEA DATE: 08/11/26 M&C FILE NUMBER: M&C 26-0737 DEPARTMENT: WATER SUBJECT (CD 3) Authorize Execution of an Engineering Agreement with Shield Engineering Group, LLC in the Amount of $1,089,424.00 for the WSM-E Water and Sewer Replacement Contract 2025, Ridglea Phase 4 Project, 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 Fiscal Years 2026-2030 Capital Improvement Program RECOMMENDATION It is recommended that the City Council: 1. Authorize execution of an engineering agreement with Shield Engineering Group, LLC, in the amount of $1,089,424.00, for the WSM-E Water and Sewer Replacement Contract 2025 Ridglea Phase 4 project; 2. Adopt the attached resolution expressing official intent to reimburse expenditures with proceeds from future debt for WSM-E Water and Sewer Replacement Contract 2025 Ridglea Phase 4 project; and 3. Adopt the attached appropriation ordinance adjusting appropriations in the Water & Sewer Commercial Paper Fund in the amount of $1,593,685.00 by increasing appropriations in the WSM-E Water and Sewer Replacement Contract 2025 Ridglea Phase 4 project (City Project No. 106910) and decreasing appropriations in the Water & Sewer Commercial Paper project (City Project No. UCMLPR) by the same amount, to effect a portion of Water's contribution to the Fiscal Years 2026-2030 Capital Improvement Program. DISCUSSION This Mayor and Council Communication (MSC) is to authorize execution of an engineering agreement with Shield Engineering Group, LLC, in the amount of $1,089,424.00 for the WSM-E Water and Sewer Replacement Contract 2025, Ridglea Phase 4 project for the preparation of plans and specifications for sanitary sewer and water main replacements on the following streets and easements: 1 of 5 FORT WORTH„ Street From To Scope of Work Bernie Anderson Camp Bowie Boulevard Clayton Road east Water Avenue 200 feet west of Easement west of Edgehill Camp Bowie south 600 feet Sewer Road Boulevard/ Edgehill Road intersection 625 feet south of Easement south of Camp Camp Bowie Bowie Boulevard Boulevard/ Edgehill west 350 feet Sewer Road intersection Hilldale Road Camp Bowie Waverly way Water/Sewer Boulevard Hilldale Court Hilldale Road southeast 250 feet Water Easement east of Hilldale Waverly Way south 220 feet Hilldale Court Road 400 feet east and 130 Easement south of feet south of Waverly Waverly Way Way/ Hilldale Road east 140 feet Sewer intersection Edgehill Road Camp Bowie Hildale Road Water/Sewer Boulevard Kirkwood Road Edgehill Road Clayton Road Sewer Fortune Road Edgehill Road Tamworth Road Sewer 160 feet south then Easement east of Clayton Kirkwood road 150 feet west, then Sewer Road east south Fortune Road Woodstock Woodstock Road Road/Pelham Road east 250 feet Sewer Intersection 2 of 5 FORT WORTH. Ridglea Place Westridge Avenue roundabout Water Easement south of 130 feet south of 630 feet southwest Sewer Waverly Way roundabout Ridgehaven Road roundabout Cal -de -sac Water Ridgehaven Road court Ridgehaven Road Cal -de -sac Water 400 feet south of Easement Between Ridgehaven Road/ south 1250 feet then Ridgehaven Court/ Sewer Ridgehaven court 275 feet southeast Ridgehaven Road Intersection west 500 feet of Floyd Floyd Drive Drive/ Edgehill Road west 300 feet Sewer Intersection 400 feet south of Easement south of Crestmore Crestmore Road Road/Edgehill Road east 200 feet intersection 350 feet north and west 140 feet Easement East of Ridgehaven Road/ south 3700 feet Sewer Ridgehaven Court Ridgehaven Court Intersection west 200 Feet of Easement West of Westridge Avenue/ southwest 350 feet Sewer Westridge Avenue Sharon Road Intersection Edgehill Road/ Edgehill Road Crestmore Road Sealands Lane Water/Sewer Intersection Easement east of Edgehill Edgehill Road south 2650 feet Sewer Road 3 of 5 FORT WORTH. Easement east of Edgehill Road Easement west of Ridgehaven Road Woodstock Road /Edgehill Road intersection 360 feet west of Ridgehaven Road/Ridgehaven Court south 250 feet Sewer Southwest 450 feet Sewer *Water main in inaccessible easement at rear of residences will be relocated in public right- of-way as shown on the attached location map. In addition to the contract amount of $504,261.00 (Water $214,251.00; Sewer $290,010.00) is required for project management, real property acquisition, utility coordination, and material testing. This project will have no impact on the Water Department's operating budget when completed. The sewer component of the project is part of the Water Department's Sanitary Sewer Overflow Initiative Program. 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 of this project is sold, bonds 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, 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 Capital Improvement Program (CIP) plan throughout the Fiscal Year (FY), 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 appropriate funds in support of the Water's portion of the City of Fort Worth's Fiscal Years 2026-2030 Capital Improvement Program. Funding is budgeted in the Commercial Paper project within the W&S Commercial Paper Fund for the Water Department for the purpose of funding the WSM-E W/S REPL 2025RidgleaPH4 project. Appropriations for the WSM-E W/S REPL 2025RidgleaPH4 project are as depicted below: Fund Existing Additional Project Total* Appropriations Appropriations 4 of 5 FORT WORTH. W&S Commercial $0.00 $1,593,685.00 Paper - Fund 56032 Project Total $0.00 $1,593,685.00 *Numbers rounded for presentation purposes. The project is located in COUNCIL DISTRICT 3. This contract requires a Form 1295. FISCAL INFORMATION/CERTIFICATION $1,593,685.00 $1,593,685.00 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 WSM-E W/S REPL 2025RidgleaPH4 project to support the execution of the agreement. Prior to an expenditure being incurred, the Water Department has the responsibility of verifying the availability of funds. SUBMITTED FOR CITY MANAGER'S OFFICE BY: Jesica L. McEachern, # 5804 ORIGINATING BUSINESS UNIT HEAD: Chris Harder, # 5020 ADDITIONAL INFORMATION CONTACT: Jaikson Jacob, # 7866 ATTACHMENTS 1. Map - WSM-E Water and Sewer Replacement Contract 2025 [7.5.26.1 - 1 page] 2. Resolution Reimburse (R2) - WSM-E Water and Sewer Replacement Contract 2025 [7.5.26.3 - 2 pages] 3. Ordinance Approp (R3) - WSM-E Water and Sewer Replacement Contract 2025 [7.5.26.4 - 2 pages] 5 of 5