HomeMy WebLinkAboutOrdinance 21130-02-2014 Ordinance No. 21 130-02-2014
AN ORDINANCE INCREASING THE ESTIMATED RECEIPTS AND
APPROPRIATIONS IN THE STREET IMPROVEMENTS 2008 FUND IN THE
AMOUNT OF $18,365,782.00 FROM TARRANT REGIONAL WATER. DISTRICT
FUNDS; PROVIDING FOR A SE'VERABILITY CLAUSE; MAKING THIS
ORDINANCE CUMULATIVE OF PRIOR ORDINANCES; REPEALING ALL
ORDINANCES IN CONFLICT HEREWITH; AND PROVIDING AN EFFECTIVE
DATE.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH,
TEXAS:
SECTION ].
That in addition to those amounts allocated to the various City departments for Fiscal Year 20 13-2014 in the
Budget of the City Manager, there shall also be increased estimated receipts and appropriations in the Street
Improvements 2008 Fund in the amount of$]8,365,782.00 from Tarrant Regional,Water District funds.
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 orJUdgment 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 No. 20952-09-2013 and all other ordinances and
appropriations arnending 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of said prior ordinances and appropriations are hereby expressly repealed.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: CITY SECRETARY
Assistant City Attorney
Mary J. Kays
ADOPTED AND EFFECTIVE: February 18,_2014
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City of Fort Worth, Texas
Mayor and Council Communication
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COUNCILACTION: Approved on 2118/2014 - Reoslution No. 4295-02-2014 and Ordinance
No. 21130-02-2014
DATE: Tuesday, February 18, 2014 REFERENCE NO.: C-26670
LOG NAME: 06TRV BRIDGES LAPAFA
SUBJECT:
Adopt a Resolution Authorizing Execution of Local Project Advanced Funding Agreements with the Texas
Department of Transportation in the Aggregate Amount of$73,709,317.00, Including $6,631,831.00 in City
Funds from the 2008 Capital Improvement Bond Program, for Construction of Three New Bridges
Associated with the Trinity River Vision Project on Henderson Street, North Main Street and White
Settlement Road, Consistent with the City's Limit of$26.6 Million on Expenditures for the Trinity River
Vision Project and Adopt Appropriation Ordinance (COUNCIL DISTRICTS 2 and 9)
RECOMMENDATION:
It is recommended that the City Council:
1. Adopt the attached resolution authorizing the execution of Local Project Advanced Funding
Agreements with the Texas Department of Transportation in the total estimated project construction and
construction administration phase cost amount of$73,709,317,00 for construction of the Henderson Street
Bridge, the North Main Street Bridge, and the White Settlement Road Bridge;
2. Authorize acceptance of $18,365,782.00 in construction funds from the Tarrant Regional Water District-,
3. Adopt the attached appropriation ordinance increasing the estimated receipts and appropriations in the
Street Improvements 2008 Fund in the amount of$18,365,782.00 from Tarrant Regional Water District
funds; and
4. Authorize pre-payment to Texas Department of Transportation in the amount of$18,365,782.00 from
the Street Improvements 2008 Fund for the remaining local portion of construction costs in accordance
with the Local Project Advanced Funding Agreement.
DISCUSSION:
Execution of these Local Project Advance Funding Agreements (Funding Agreements) in the amount
described above allows for federal, state, regional, and local funding participation to construct these new
bridges on Henderson Street, North Main Street and White Settlement Road which will each span the
future Trinity River by-pass Channel associated with the Trinity River Vision Central City Project. Funding
includes $33,014,573.00 in federal funds, $8,197,131.00 in state funds, $7,500,000.00 in Regional Toll
Revenue funds and $24,997,613.00 in local funds for a total amount of$73,709,317.00.
Funding for the local portion of construction will come from a combination of City and Tarrant Regional
Water District (Water District) funds. The City's portion of$6,631,831.00 in construction funds came from
the 2008 Bond Program and was previously paid to TxDOT per M&C C-25776 (August 7, 2012)
authorizing the Funding Agreement for the Henderson Street Bridge. As a result, the remaining balance
Logname: 06TRV BRIDGES LAPAFA Page I of 2
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of the local construction funds ($18,365,782.00) will come from the Water District. Per M&C C-26394
approved by the City Council on August 13, 2013, the City contracted the final remaining portion of its
Trinity River Vision commitment of$26.6 million for design and construction activities using City of Fort
Worth funds.
This project is located in COUNCIL DISTRICTS 2 and 9, Mapsco 62T, 62U and 62Y and will benefit ALL
COUNCIL DISTRICTS,
FISCAL INFORMATION / CERTIFICATION:
The Financial Management Services Director certifies that upon approval of the above recommendations
and adoption of the attached appropriation ordinance, funds will be available in the current capital budget,
as appropriated, of the Street Improvements 2008 Fund.
FUND CENTERS:
TO Fund/AccounVCenters FROM Fund/Account/Centers
2&3) 0204 451453 209260014480 $18,365,782.00 4) C204 539900 209260014480 $18,365,782.00
3) C204 539900 209260014480 $18,365,782.00
CERTIFICATIONS:
Submitted for City Manager's Office by: Fernando Costa (6122)
Originating Department Head: Randle Harwood (6101)
Additional Information Contact: Mark Rauscher (2446)
Logname: 06TRV BRIDGES LAPAFA Page 2 of 2