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Home My WebLink AboutResolution 4346-08-2014 A Resolution NO. 4346-08-2014 APPROVING AN INITIAL IMPLEMENTATION PLAN FOR THE 2014 BOND PROGRAM WHEREAS, since early 2012, (..ity staff has been engaged in an on-going process to identify, analyze, and prioritize the City's capital improvement needs, which resulted in development and voter approval oft e 2014 Bond Pro grarn, which funds high-priority capital improvements within realistic financing and delivery limitations-, and WHEREAS, taking into account existing conditions, community needs, citizen feedback, and of available and projected resources, staff developed an initial implementation plan fort 2014 Bond Program that is feasible from both a financial and delivery-capacity perspective-, and WHEREAS, on July 17, 2014, staff presented the City Council with its recommended initial 2014 Bond Program Implementation Plan, outlining the projected annual schedule and spending plan for full implementation of the 2014 Bond Program, beginning in late Fiscal Year 2014 and concluding during Fiscal Year 2019, and WHEREAS, City Council wishes to formalize the proposed initial implementation plan and to also allow staff to make and report back to the City Council deviations in projected versus actual implementation progress, and to reserve the ability for staff and the City Cotincil to periodically make formal revisions tote plan to respond to changing circumstances. NOW, THEREFORE, BE IT RESOLVED BY THE CITY' COUNCIL OF THE CITY OF FORT WORTH, TEXAS: 1. That the 2014 Bond Program Initial Implementation Plan (the "Plan"), attached hereto as Exhibit A and made a part hereof, is approved for execution by staff, reflecting estimated fiscal year expenditures as follows, with each year's actual expenditures subJect to review and approval as part oft e City's annual budget process: Fiscal Year 2013-14 $32949,000.00 Fiscal Year 2014-15 $53,394,178.00 Fiscal Year 201516 $85,497',217.00 Resolution No. 4346-08-2014 Fiscal Year 2016-17 $51,561,25000 Fiscal Year 2017-18 $59,281,175.00 Fiscal Year 2018-19 Ij L38 980.0Q L_ ® $292,075,000.00 I That City staff is directed to provide the City Council with. regular updates regarding the progress of implementing the Plan-, and 3. That City staff' is authorized, in the actual implenienta lion process, to deviate from the Plan to respond to changing; circumstances, provided, however, that such deviations (i) all be reported as part of staffs periodic updates under Section 2; (ii) may not result in total expenditures within! any bond proposition exceeding the voter-approved total dollar amount, unless another funding source is identified and appropriated to cover such excess'. and (iii) may not result in expenditures within any fiscal year exceeding the total dollar amount appropriated by the City, Council in the annual budget, unless the City Council approves a supplemental appropriation ordinance; and 4. That staff is directed, as part of the annual budget process, to revise the Plan to reflect and memorialize any deviations that have occurred during the then-current fiscal year and to recommend possible revisions t o t he Plan going forward to respond to changing circumstances. Adopted this 12 Ih day of August, 2014, X�t ATTEST-. 000 49 A. Pot B y . '... .r S.. a r y4a y e i retary ...... 1 u4&U-20-0 1 m W� EXHIBIT 2014 Bond Program Initial Implementation Plan ......................--................................... ......... ............ 2014 BOND ESTIMATED PRIMARY PROJE CTS U CO NCIL FISCAL YEAR CAPITAL PROJECT FUNDING PROJECTIONS OPERATING COSTS LOCATION DESCRIPTION TOTAL PROJECT APPROVED2014 (1st Year Only) BEPT. APPROVED DISTRICTS} EXPENDITURES BONDFUNDING FOR FUNDING 2013-14---T-- FL-1 Year y^Amt..Mmmm pi- psitign I ........... ...... -----sia�wiw- 1h qhl, I.—arv4Urev rehabilira¢lan ........ ....... Rd,W, qaF 5"; l"! Sli �J -ql-Mll in r j,,,,r- li,- a-, �,v,,vm q, T/- r/`w ........... . .. ....... EXHIBIT A ........ 21114 Bond Pmg,arri W11,1 Implornont,V,m Plan .......... 2014 BOND 014 BOND ESTIMATED PRIMARY PROJECTS COUNCIL FISCAL YEAR CAPITAL PROJECT FUNDING PROJECTIONS TOTAL PROJECT APPROVED 2014 OPERATING COSTS CTS DEPT. APPROVED DISTRICT(S) LOCATION DF-.SCRR,TION "t Year Only) EXPENDITURES BOND FUNDING FOR FUNDING 2016-- 20131-14- 2014,15 �2015-16�27 201'7-18 2010-29 Fl-1Y111 All. -;V-91(Aft Th,, -4—nutwr:aidm new Crawl d. 4t, 114 RO. ............ YF IW $'v 1 al rfrrM! iiv c,,rl"'Zq -5, �m�60- - -,xaano 11- T,11Y"—R—f so w ;,w g, —Mll........... q p, m— 'c'"M EXHIBIT 2,014 11,"d P,,,,a,"Initial Inmplmenlallon Plan .......... ....................... ..................... ............... ............—",-............... PROJECTS COUNCIL I TOTAL PROJECT APPROVED 2014 ESTIMATED PRIMARY 2014 BOND I, FISCALYEAR CAPITAL PROJECT FUNDING PROJECTIONS OPERATING COSTS DEPT. APPROVED DISTRICT(S) DESCRIPTION EXPENDITURES BOND FUNDING (19 Year Only) FOR FUNDING 20Y3-Y4 2DY4-Y§ 20Y§-Y6 2046-17 20Y7-Y8 2DY6-19 Flul Year A t. —fdl —71-4K4K" —,,W d6 --W h—'g rw.ha&ifilokrn ...........P'- r al Ir s, 5t tt $42,902,433 $23,273,9661 $35,7m,"It s19,W,Ywj $14%,404,300 $148,N,700 ............ ............... ...............................................--....... _4� ...........— ...................-............... v'.m EXHIBIT A 2014 Bond Prograrcf Initial ImuVementatinn Plan ESTIMATED 2014 BOND PRIMARY PROJECTS COUNCIL FISCAL YEAR CAPITAL PROJECT FUNDING PROJECTIONS OPERATING COSTS TOTAL PROJECT APPROVED 2014 (1st Year Only( DEPT. APPROVED 6157RIC'F(Sj LOCATION DESCRIPTION _ EXPENDITURES BOND FUNDING __ FORFUNDING .-___.,......_...._..._...._._..__...__...._..._............._....__ .__....._.._._._.._ 2013-14- -'2014-15 2015.16 2016-17 2017-18 2018-19 H-1 Year1_. Amt. v3i4,WU $315,Ua zxo,gNl —5xN!1AU'uY�_._�e .__..._L.�m,._ rP� %B.vsJce.UerxaSVaus,Bxs. CJ6yrvwide. aeyu,rdw-ynrloyY, nayw.dm hma�onu<,rr,aeum<.vtln Sa $ x,zsa.aaa d.w.uticroz ivArauvrr;mtuvw,ivmiwbivp,h14e Imrta,umtrenx, slar,nin,siprvnae,and rttfwr Cri yv1e r rrrnGbmrlmna. n n> vywxan c v s rwal a .f rwMl eml rmr Sa 3a :$o( 5rr SnpW wn 5hswn,6uxr 9�,�mAW�S xa, �o I say¢fG r,day Ifen ::lnllry KmA cwywuo:- rcu'a c v m� I _ _:' r _-- _C1n5aD]. r.<rtc orra Pm siq Po a n e mw :a,oaa,rl¢uo Sa yz,ana,ow $xo6oetto � mum"CVf�BIk�, C I � P Ausanet!tain4E91 ,:uroa a 4neeA anum»r+ reAmwelux mn ,.nwr P+'mlwrtx,oval rn^vt�PUW,.irrerwswvcxuro-,ut '~*rv.vy x uPrwra xtrwr,.orrrPr�rrrmP,.,rr.na:.. es,udryrwlx,ziPor'raym.,mnd mv9rar hlegirJla mrrtdd'nGions. 4 aanrv, rt f#X l,tlW A.¢WiG 0Y1P1 yA,fN➢pl}IXY $Yplfl.f ra 'wA k31,d9U I i-196 $5paaaU11$ 4,�lI,tlWJ �� mPruvfi rr.tvftiv¢rnmatvonv LRa@L19IISfF1Y,k.C. luyvndn I`[ywa n Id II fl[smA v.rnikaY 'Sq 591Dt1.OM! $d,.W,PYfYti� !+'rJ6A95Y +'';SU6,6WG a0 $6,Wp,0aU i 6,aW,OW J.6C1Mi4kdft.M]lY.11l... V U:.Hiwrm f rc PI 0— no I IvAC. d uV 11 1 Ilpktlrigy .Mr;ry Paelary},114 I lanrlxcayWeiYG vuayhirm9frvgagxtmnlro,vnh Mrirxr InnpruvemrerNn',u:.'rvY.rfarrrVrrOwr», Y(PW [lrvplrrwvd,Gpg,try gf Cil,,,r0a q at C y IASI (I wtl/ G f ifY $A,NilCk fHM "rY[KIaYAQrCI PI—FMO $11-111. tAAaflwlo 55AW.aW $S aW L i nu IPo rvtlr I rlacen, d aifry dq eronet. TlPW $.daamaRu QAVylukw 1 IA V rl q w6r1 tl 81 Po nraW !w vi nR $G d1,nUa,(Ia4i kXti1Y,CW}a "rJ,lSU fllN) $2,ISq,1 J 61 Y t tines A IhI fflg! 1 I r vPoydA Mherwlse nPP PIxN 11lT VJ S1!§aL61PL53 (dtVw NC Ct#IA '...i yw4r4n1 DI A( PI 1 y4 $#n",.. 5a65d1 1.Yfri aL't Y-0J IMM $1 aYt N50 $5rIXw.Jna $5,No qX' nG Ilgf ft I YI y;W a a try; 1 OlgM1k mirk rm with m 1 lap °Yrgralf ('- sea cex{rvarArrvathx6lr nae.dp d 6;0 r�rm,'fd'.'tPf,�rnAing mle Cr rrrrr vakh .A rt lrta,n¢(ylm,rtlsa w.4wrlred. a EXHIBIT A 2014 Bond Program Initial implementation Plan ........... ........... .........................-........------- ............. 2014 BOND ESTIMATED N PRIMARY PROJECTS COUNCIL FISCAL YEAR CAPITAL PROJECT FUNDING PROJECTIONS OPERATING COSTS -S N' P RO LOCATION DESCRIPTION TOTAL PROJECT APPROVED 2014 (1st Year Only) DEPT. APPROVED DISTRICT(S� EXPENDITURES BOND FUNDING FOR 4FUNDING I...................... .................. 2013-14 2014-15 2015-16 2016-17 2017-18 2028-29 Fiscal Year Amt. 7-711-W —MANX.-$—jewowo T/- aw,Roalls 77'.e d lowdr,91owt $ 4,50AM RM6MI-1 1191n 1—k- T/- Magh. ............... .............. ................. V, ..........- .......... -2 Proposition I Sub-Total 9- R. ..................... .............- I $38,099,250� F-;s,.nM $217,564, 30' ........--------- 1.bk $cL 1011 INS= -Parks,Rec and Community Center Impro6-Proposition 2 .. .. .................. ..................... ........... ........ ignj kNuAw Id- ......... ............ u _.. n„,mrnw a ry cru e } ........... ................... ....... ......... ........... ........... ....... .......... .......- .......... EXHIBIT A 2014 11—d Program Initial ImPIOMO"WiOn P',, .............. 2014 BOND ESTIMATED PRIMARY PROJECTS COUNCIL FISCAL YEAR CAPITAL PROJECT FUNDING PROJECTIONS TOTAL PROJECT APPROVED 2014 OPERATING COSTS A DEPT. DISTRICT( EPT. APPROVED LOCATION DESCRIPTION EXPENDITURES BOND FUNDING (1st Year Only) L FOR FUNDING 2.L FT'�'C.I Y.. Amt.7_-L. T—zoJ-�,7 2M-1. MIT-19 7-i g" r- "'T T 44?WMh1h.,,S-, a s6 Mm ow r4 Yr i lor 11 . .............. Flto- f:iilalr✓Im Yal xh 1 E IrMP Mr Mm srzv l]la YFS r.I�.W UkP hats ma'r,nary w,elvY n rfxrpUU� LF9,IX)O ...q� — 4) — —— IDUU,aGt� ^r+fGI0,0t10 YJl ,f6.9 .......... 5- yte ry; ?.)'I,il)0 r0 i _.................... ...... ...................... .......- ....... ........... ........... ................. ............. .................. 9XHIBIT.A 2014 Bond Program Initial Implementation Plan .......... ............ ................ .............. ............. ............. ........... 2014 BOND ESTIMATED PRIMARY PROJECTS COUNCIL FISCAL YEAR CAPITAL PROJECT FUNDING PROJECTIONS OPERATING COSTS A PT. APPROVED LOCATION DESCRIPTION TOTAL PROJECT APPROVED 2014 (Iq Year Only) �--DEPT.--, D DISTRICT(S� EXPENDITURES BOND FUNDING FOR FUNDING F -�A 1 2013-14 2014-15 ..IE 2016-11 2. F.'1 Year' (C.W—d) T.,wwm iwtum SO ............ V,—A� $, l vd.rcaV'nm�Y a a.r�fr er LLe � 4 tzr riY Ylv,iw l�ph nn Vni rl:�veC xsne� 1w $p ,Y,IN}i1,nr)di e�nll Uftl 6i 4? ... 4'G d( x;51.16 n01 7nro r,iw II i .. ...... ..... F G _, GU 5441,ON -551 m6 ................. ... ............ ................. ........................... ............. ....................................... ............. ......................... ................. ........... EXHIBIT A 2014 Bond Program Initial Implementation Plan 2014 BOND ESTIMATED PRIMARY PROJECTS COUNCIL FISCAL YEAR CAPITAL PROJECT FUNDING PROJECTIONS TOTALPROJECT APPROVED 2014 OPERATING COSTS DEPT. APPROVED DISTRICT(S) LOCATION DESCRIPTION EXPENDITURES BOND FUNDING list Year Only) FORFUNDING ...... . ...... .. ....... .._._ ..... . .._........-,....... _..- .......... 2013%4 2614%5 2015-I6 2 @16-17 2017-%8 2018%B F seal yea Amt P r�Y feu}iondpait Snd Car trol(COntlnued) pk. zntl cn.rserin:[iuri aP v9iavnagN env9 y1,5y,5�p wvu4iaeY ir.... .....rtv mt.tlrrerw Gdl' a.£4xtYnp,tYtV Grmukn. }I 6 I{— — r S9 a.@lU .J}� $V] `i11 S.fiLb,N1U @I $I d5001D ..... �EadsandlP k9��411£ IROtl x$ur 411AI 4fi @x iar A 0.Nrama0a andfnr I'-MIU¢,lu '. I QAkL City 4vnvk¢rux ' dP:ilM14 'N IQIm. a nt+vlrv,,m rla oar�vv {{ II rU 1 40 — n 11 1111 1 h(I I vU r ^1 �ry a — -.... — I d ry f, N4<� a 6 R„ sv.,,.ixl Sao 1� u 9, s m}a Y,l. "AC mv r➢hle n , U C. I v n 4Jh101 ?x llrr,nv __ y � Vu hn tery vu Nv.... � � 1?.I(aJ J"S,nUft ap .. ?oJ t xkR ;III.rtU I &v r Rio- N( I 10 tUi' rVPU rta I PUOI R5 T-1 fU $AfY Ull 4R23.tlA4 S4l6,lfr& $41 $!I IiEI,4SIMl C],#J:F A .,._ -_ -..._. .... _..-.... ........ I ....... ..AAA. ..... . ... .. .. .....� '"Jrve„re I arc amn.^rrvP alfnttlxt ar d,?'.r ul p P rc;Fsrv,rxr�P>nnl,rn tIXlrp ).!A rngv mt rvx h n'vficv tVArrny -ls R.arv�raaui EXHIBIT A ...... . ............ ...........2014 Bond Program Initial Implementation Plan .......... ........................................... 2'14 BOND ESTIMATED PRIMARY PROJECTS OPERATING COSTS D DESCRIPTION TAL PROTECT APPROVE 2014 PT. P 0 EXPENDITURES BOND FUNDING PRIMARY PROJECTS COUNCIL FISCAL YEAR CAPITAL PROJECT FUNDING PROJECTIONS DEPT. APPROVED DISTRICr(S) LOCATION DESCRIPTION FIO (lat Year Only) 2014 BOND R' FOR FUNDING ----------- F -;oJ1't`1- ...... 2013-14 2014- zo Fiscal Year Amt. Park jightao, $424wmo ""'S. I Y". $11�. C-1,R-1 ........... -Smm'Ii0 .11,91 I YtH IS—I I, ... .... ....... Sri "S rm I, I"U, 4 1, Nw, I 56 srj W 'A" �17,4. IJ $11", rM 7 $m11111 1 i "c" 4 56, SL/3YY SIi,YIWI I",tl ........ . .............. SO ........ .......... . .............. .... .$a . . . ......... -- ....... EXHIBIT A ......... 2014 Bond Program Initial Implementation Plan I MA. DEPT. BOND ESTIMATED OPERATING COSTS PRIMARY 'PR JECIS COUNCIL DESCRIPTION FISCAL YEAR CAPITAL PROJECT FUNDING PROJECTIONS TOTAL PROJECT APPROVED 2014 list Year Only� DEPT. APPROVED US,CRI LOCATION EXPENDITURES BOND FUNDING F ..... ...... LIZI Y. 2013-14 04-15 M11-16 2016-1; 2'017-;8 ................. ................ Ylavareundz 'A yew O.Ye,.... "al pta, is Jr r T 1AC1 ._� a,lund,v cla�,e�mr I __ i - ^P .... xx r�u�. sr.do _ _ f i sn� n �... .Im;,ax> n t�layW.rour�J Ic Y I ril n rvpmr.r vrvi� � sr Y1,dla�' r+,I..4�.a0; wmw� _ r0� ,.( $A4:.Xxla] xai+.at tJ I I'Ar MPI EXHIBIT A ............... .............. 2014 Bond Program Initial Implementation Plan ........................... 2014 BOND ESTIMATED PRIMARY PROJECTS COUNCIL FISCAL YEAR CAPITAL PROJECT FUNDING PROJECTIONS OPERATING COSTS DEPT. LOCATION DESCRIPTION (Ut Year Only EPT. TOTAL PROJECT APPROVED 2014 APPROVED DISTRICT(S) EXPENDITURES BOND FUNDING FOR FUNDING 2013-14 2014-15 2015�.262016�17 2017-38 2019-19 Fiscal Year Amt. P, Awk——rnI,1had ri—u,,, $0oolm rp -- -— ---------- 'A'I ............... ............... ..... nu AI a0 JJ($0 "d $220C, . . ......... . ...... .................. bv "'i-A, $1,A] ............... n Ii ... ....... ... ............. ---------- ",an I aw 0� .............. m,k-"1w;—,H,1 1, .... ....... P-LTS —AL w ...........—- ...... ...... .. .......... ............. ............... ....... ........................ .......... wa"— 11 EXHIBIT A 2014 Bond Program Initial Implementation Plan ............. ........—.1-.......... ...... --- ......................... .......------- ....... ............... ............ 2014'BOND ESTIMATED PRIMARY RI Pd PROJECTS COUNCIL FISCAL YEAR CAPITAL PROJECT FUNDING PROJECTIONS OPERATING COSTS T P U LOCATION DESCRIPTION TOTAL PROJECT DEPT. APPROVED APPROVED 2014 DISTRICT(S) EXPENDITURES BOND FUNDING (Ist Year Only) FOR FUNDING F.-I Y!� 2013-14 2014-15 2015-16 F 2016-17 20L;�18 roll jE,9W.W0 y" I.Ir k""' A111111-1 w r. .......... 5W ............. --—------ AM $50,000 !j1X2.1t $73,38N,289.... 13,M%2- 58,896,1171. $1,981 ....$...3...0...-...-. --------------------- --j Ublely sy�te.J.P—IonD-P,.pjoaa 3 ............... ................... ----------- w" ............. - -'..... I.v yA . I . - -------- ------------ —----- ----- "If 111. 4."0.",I11vd"0 ------------- .............. $3,]Si3OG0 SO ........ ft"'k., To- $0 $1) Al'$lxR EXHIBIT A 2014 Bond Program Initial Implementation Plan 2014 BOND ESTIMATED PRIMARY PROJECTS COUNCIL FISCAL YEAR CAPITAL PROJECT FUNDING PROJECTIONS OPERATING COSTS TOTAL PROJECT APPROVED 2014 (15i.Year Only} DEPT. APPROVED DI5TRICi(S) LOCATION DESCRIPTION EXPENDITURES BOND FUNDING FOR FUNDING .---...___ _. — _ _..... ——I—*'--..._. 2013-14 2014-1S 20fl5-16 2016-17 2017-18 2018-19 Fiscal Yea Arnt. Fire S4fety I:nprouernents-Proposftion 4 ...I ......_.—. .. ......... me>tf( yl,nal,cma VNtI:. i RM1t,eSli m �Fl�p�eul an NL 6 Y h uc4er'i el to 1 9 t f rM1r AVIi UUO $]5E<9]:1 �2 .li,Y19 ( 40 501 outl Not W xh iVr C nwd amP U, tl -�':urtiY Serve tltt+fmPUlluClan i myth a:s�nenr 3Ginlra Alrp:'.n't',rx.vrvli:na Awide;rv:erycv,ry reuGr+:,ue xs:ulm5 br I ireuiRV,rt.Thx frz.....dn:rxr fairUl[!r ulrl Inciudls r.ip en x+t{>,y p:vtF,tYG+�ftie nnn of aGPena7rnacely ls,000 Zquxrx teet.I 1 rm crm ne. N Yr fo 15060 ££S5],(.51 $I,Ml,J'F'l 46 40 4lCU OOO �I,[00, YU 1 4t . 1A! h Y4 i li IV V I .rµ,rpmr.t IV prYGr+t9tl rwrr Pam:!'vl w oultl lnciurle.i.:Gr L::uFl-E:rty Gruw¢YP�flre .tabu nPa .'.IY]l.,(Ill! arrc r.emt. ',, lwic Art TO IAC $U $3!1,000 $41,OSfl''�. $"I3,m3U $U $0 ^yA42,lat1 $.Y&1,T0a Municipal Court fmprove n"n,-Proposition 5 ...—...... ...... !N P:bl 4V d � ('.ty✓uidc V.: rt J I0 flI4 1411 � tir SSUPUa a iU$ '..,OU,49u 1!2,014 Mun IC:.. er.T mo f h I K I 13'IV 5 � +,0U, rvYl Uuiid rqG nar a'n t 1.,' I P r N tM �— r !! ,dr4 i yaelr m4L„e�:.�:r..erwmmF I,«ao-anloev Qtl➢A) I PROJECF-TOTAL $ns,amu 5sm,aam $345,00a $o $a $o $LSOa,aoo S2sogona PuMllc Port�TPTAL' $U $4,500 $26,.SU01 $a $(! $0 $30,000'. p3gW0 w'laP2xf r.,r 1+-"+t:rnxs¢S lUrlxcC vulxltabk lrnnRj'lxrdlni'l,sM¢ra/¢rtr,nJdlYlunni FurlrUrr@-N�Prh:h lnaY nivP P:ttva.Hevrt IfJereY/}Ted Snip-1z rmgl,rtned, t> V,A, fXkI BIT A 2014 Bond Program Initial Implementation Plan ..................... .......... .................................................... .......................... .......... .............. ...................................... 2014 BOND ESTIMATED PRIMARY PROJECTS COUNCIL FISCAL YEAR CAPITAL PROJECT FUNDING PROJECTIONS TOTAL PROJECT APPROVED 2014 OPERATING COSTS DEPT. APPROVED DISTRICT(S) LOCATION DESCRIPTION EXPENDITURES BOND FUNDING (1st Year Only) FOR FUNDING 2013-14 :i b! S 201148 2016-17 2017-18 2019-19 Fiscal Year Amt. W�'=d i:q P .......................... r—,"A V,111�1�* 1 d, K, i I —Ecr .-e $u96,0001: 11,.14,— -1 ,.bft AN TOTAL ................. ------------ Anim.1 Core and Central F-Ifity 1.pro--ts-Prp-fUn 7 .................................................... ... .... 51,llma Wmw. 111, dd y wvJ --- --------- P-l— 1— P01 s5nn... $50),000 53U,-- P,HkAet-TOTAi. $0 ....... ....... ................... TW) S51,5 $292,,07F,000 ................ ........F .....................E.- I 1h—ft"MYl I A.Wft .1