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HomeMy WebLinkAboutOrdinance 21313-07-2014 Ordinance No. 21313-07-2014 AN ORDINANCE INCREASING THE ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE GRANTS FUND BY $3,207,650.00 (FROM A FUNDING AGREEMENT WITH THE NORTH CENTRAL TEXAS COUNCIL OF GOVERNMENTS AND THE TEXAS DEPARTMENT OF TRANSPORTATION IN THE AMOUNT OF $2,566,120.00 WITH A $641,530.00 LOCAL CASH MATCH PROVIDED BY SUMMER SYCAMORE I, LTD.) FOR THE SUMMER CREEK TRANSIT-ORIENTED DEVELOPMENT SUSTAINABLE DEVELOPMENT INFRASTRUCTURE PROJECT; PROVIDING FOR A SEVERABIL,ITY 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 in addition to those amounts allocated to the various City departments for Fiscal Year 2013-2014 in the Budget of the City Manager, there shall also be increased estimated receipts and appropriations in the Grants Fund by $3,207,650.00 (from a funding Agreement with the North Central Texas Council of Governments and the Texas Department of Transportation in the Amount of $2,566,120.00 with a $641,530.00 Local Cash Match Provided by Summer Sycamore I, LTD.) for the Sumner Creek Transit- Oriented Development Sustainable Development Infrastructure Project. SECTION 2. That should any portion, section or part of a section of this ordinance be declared invalid, inoperative or void for any reason by a court of competent jurisdiction, such decision, opinion or judgment shall in no way impair the remaining portions, sections, or parts of sections of this ordinance, which said remaining provisions shall be and remain in full force and effect. SECTION 3. That this ordinance shall be cumulative of Ordinance No. 20952-09-2013 and all other ordinances and appropriations amending the same except in those instances where the provisions of this ordinance are in direct conflict with such other ordinances and appropriations, in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed. SECTION 4. This ordinance shall take effect upon adoption. APPROVED AS TO FORM AND LEGALITY: CITY SE(..RE'I Y ' Assistan t -- t City Attorney ary J. K' . ADOPTED AND EFFECTIVE: Juiv t5, 2014 Exhibit A Phase¢ -SH¢29 Enhancements MWr ,rra Phase 2a -Commercial Public Access Trail Extension n U" phase 26 -mixed Use Commercial,Street A East&South � ° raiV 4,j V phase 2c -Mixed Use Office/Retail,Street A North&"trail A if= Extension "e Phase 3a -ties'ail/'Restaaa'rant&TvaV0 improvements South Side e91 Sycamore SahIRoad ��. "• � ^•�� � Phase 3b -Mixed Use&"gall Improvements North Side of b Sycamore School Road the U ti 7A EAsting mVaadta••rer Ua3 Q4eBPfagra' Phase 4 -'B'EX•PtaiB Station Connection&'Urail t'arx RxuV Improvement Station Phase.Sa -HotelMCommerc'ial&'frail Improvements North Side of Sycamore School Road . 3b 3as � ��� Phase Sb -Petaii/R aarant&trail Improvements North Sa ;,N$ Side of Sycamore School Road W U= phase Ca -Sycamore School Rah.Extension&Trail Improvements � 6 -Project Limits f � wane. Sur_m. er_Cr_e_e_k w_C..._r_o_s_.sin T.O. .Phasin . . PI City of Fort Worth, Texas Mayor and Council Communication iwwmouummm um�mmmrmam nn i�um uu00000 mimwmu0000wirnttrrausuarnamiariaxr®uouttrauniwuui u�imuuoi COUNCIL ACTION: Approved on 7/15/2014 - Resolution No. 4329-07-2014 and Ordinance No. 21313-07-2014 DATE: Tuesday, July 15, 2014 REFERENCE NO.: G-18252 LOG NAME: 06SUMMER CREEK TOD SUSTAINABLE DEV PROJECT FUNDING AGREEMENT SUBJECT: Adopt Resolution Authorizing Execution of a Funding Agreement with the North Central Texas Council of Governments and the Texas Department of Transportation in the Amount of$2,566,120.00 with a $641,530.00 Local Cash Match Provided by Summer Sycamore I, LTD, for the Summer Creek Transit- Oriented Development Sustainable Development Infrastructure Project, Adopt Appropriation Ordinance and Authorize Execution of a Development Agreement with Summer Sycamore I, LTD, for the Vertical Construction Component of the Sustainable Development Infrastructure Project (COUNCIL DISTRICT ) RECOMMENDATION: It is recommended that the City Council: . Adopt the attached resolution authorizing the execution of a Funding Agreement with the North Central Texas Council of ov rn t and the Texas Department of Transportation in the amount of$2,566,120.00 for the Summer Creek Transit Oriented Development Sustainable Development Project; . Authorize the acceptance of a reimbursement rant in the amount of$2,566,120.00 from the North Central Texas Council of Governments and the Texas Department of Transportation to the Grants Fund; . Authorize the acceptance of a local cash match contribution in the amount of$641,530.00 from Summer Sycamore I, LTD, to the Grants Fund; 4. Adopt the attached appropriation ordinance increasing sti t d receipts and appropriations in the Grants Fund in the amount of 0.00; and . Authorize the execution of a Development Agreement with Summer Sycamore I, LTD, for the vertical construction component of the utinl e Development Infrastructure Project. DISCUSSION: On September 15, 2009, the City Council nominated the Summer Creek Transit Oriented Development ( ) Sustainable Development Project for grant award Mayor and Council Communication (M&C - 1670 ) as part of the 2009/2010 North Central Texas Council of Governments ( CTCOG) Sustainable Development call for projects. The Regional Transportation Council subsequently selected the project to receive a grant of$2,566,120.00. The Summer Creek TOD Sustainable Development Project includes the design and construction of pedestrian amenities, bike trails, landscaping, and a new two-lane roadway between Sycamore School Road and the northern boundary of the project site, along with widening Sycamore School Road from two Lo ri c: 06SUMMER CREEK TOD SUSTAINABLE DEV PROJECT FUNDING AG E E... Page 1 of 2 to four lanes west of the Chisholm Trail Parkway right-of-way to The T's station property entrance. Pedestrian amenities include wide sidewalks, street trees, pedestrian lighting, bulb-outs for safer pedestrian crossings, and other improvements to be designed under a context sensitive approach. The attached exhibit illustrates project elements and locations. The attached resolution authorizes execution of a funding Agreement with the North Central Texas Council of Governments and the Texas Department of Transportation in the amount of$3,207,650.00, which includes $2,566,120.00 in Regional Toll Revenue grant funds and $641,530.00 in local match funds from Summer Sycamore I, LTD. In accordance with the rules of the NCTCOG Sustainable Development Program, Summer Sycamore I, LTD, will construct or cause to be constructed the required vertical construction component of the Sustainable Development project. The City of Fort Worth will be responsible for design and construction of the infrastructure project, as well as inspections and project management. The project site is located near the planned Summer Creek Station on the future extension of the TEX Rail line. The site is bounded by Summer Creek Drive on the east, Columbus Trail on the south, the Fort Worth and Western Railroad/Planned TEX Rail Transit Corridor extension on the west and Summer Meadows Drive on the North. This project is located in COUNCIL DISTRICT 6, Mapsco 102M, 102H, 102G and 102L. FISCAL INFORMATION / CERTIFICATION: The Financial Management Services Director certifies that upon approval of the above recommendations, execution of the Funding Agreement with NCTCOG and TxDOT, and adoption of the appropriation ordinance, funds will be available in the current budget, as appropriated, of the Grants Capital Fund. FUND CENTERS: TO Fund/AccounVC enters FROM Fund/Account/Centers 2 4) GR74 451942 006203657000 $2,566,120.00 3 4) GR74 488395 006203657000 $641,530.00 2 4) GR74 5 $3,207,650.00 (VARIOUS) 006203657XXX CERTIFICATIONS: Submitted for City Manager's Office by: Fernando Costa (6122) Originating Department Head: Randle Harwood (6101) Additional Information Contact: Eric Fladager (8011) Logname: 06SUMMER CREEK TOD SUSTAINABLE DEV PROJECT FUNDING AGREEME... Page 2 of 2