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HomeMy WebLinkAboutOrdinance 17471-04-2007Ordinance No 17471-04-2007 AN ORDINANCE INCREASING ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE SPECIAL ASSESSMENTS FUND IN THE AMOUNT OF $66 600 FROM AVAILABLE FUNDS FOR THE PURPOSE OF FUNDING A TRANSFER TO THE STREET IMPROVEMENTS FUND TO EXECUTE AN INTERLOCAL AGREEMENT WITH THE NORTH CENTRAL TEXAS COUNCIL OF GOVERNMENTS FOR THE TOWER 55 RAIL RELIEVER STUDY MAKING THIS ORDINANCE CUMULATIVE OF PRIOR 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 2006- 2007 in the Budget of the City Manager there shall also be increased estimated receipts and appropriations in the Special Assessments Fund in the amount of $66 600 from available funds for the purpose of funding a transfer to the Street Improvements Fund to execute an Interlocal Agreement with the North Central Texas Council of Governments for the Tower 55 Rail Reliever Study 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 17142 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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 APPR E AS TO~ ND L ITY A ' tant A [ney ADOPTED AND EFFECTIVE. Aoril 3, 2007 City of Fort Worth, Texas Mayor and Council Communication COUNCIL ACTION Approved on 4/3/2007 Ordinance No 17471-04-2007 8~ 17472-04-2007 DATE Tuesday April 03 2007 LOG NAME 20TOWER55 REFERENCE NO *C-22033 1 Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the Special Assessments Fund in the amount of $66 600 from available funds, 2. Authorize the transfer of $66 600 from the Special Assessments Fund to the Street Improvements Fund 3 Adopt the attached appropriation ordinance increasing estimated receipts and appropriation in the Street Improvements Fund in the amount of $66 600 from available funds and 4 Authorize the City Manager to enter into an Interlocal Agreement with the North Central Texas Council of Governments for the Tower 55 Rail Reliever Study in the amount of $66 600 DISCUSSION The Tower 55 freight rail intersection in downtown Fort Worth is one of the most congested rail intersections in the nation A solution at Tower 55 will reduce locomotive idling reduce vehicle congestion at roadway crossings and improve air quality Improving mobility and air quality is one of the City Council's seven strategic goals. A congressional earmark of $1 6 million was set aside in the last federal transportation bill (SAFETEA-LU) for purposes of conducting a study of Tower 55 in order to identify a solution to this freight bottleneck. The total cost estimate for the study is $2 million To move forward with the study a shared local match of $400 000 is required from participating entities. The participating entities include Burlington Northern Santa Fe Railroad City of Arlington City of Fort Worth Fort Worth Transportation Authority Tarrant County and Union Pacific Railroad The City of Fort Worth s portion of the shared local match is $66 600 This study should be completed within two years. FISCAL INFORMATION/CERTIFICATION The Finance 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 Fund TO Fund/Account/Centers GS94 488032 020940099050 $66.600.00 GS94 538070 020940099050 $66,600.00 FROM Fund/AccountlCenters GS94 538070 020940099050 C115 541200 020115136526 $66:600.00 $66,600.00 Logname 20TOWER55 Page 1 of 2 C115 472094 020115136526 $66,600.00 C115 541200 020115136526 $66,600.00 Submitted for City Manager's Office by Marc Ott (8476) Originating Department Head. Robert Goode (7804) Additional Information Contact: Jim Walker (8009) Mark Rauscher (2446) Logname 20TOWER55 Page 2 of 2