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HomeMy WebLinkAboutOrdinance 16997-06-2006Ordinance No. 16997-06-2006 AN ORDINANCE INCREASING ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE GRANTS FUND IN THE AMOUNT OF $1 313 625 FROM AVAILABLE FUNDS FOR THE PURPOSE OF FUNDING THE TRINITY BLUFF STREETSCAPE SUSTAINABLE DEVELOPMENT PROJECT PROVIDING FOR A SEVERABILITY CLAUSE, 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 2005- 2006 and in the Budget of the City Manager there shall also be increased estimated receipts and appropriations in the Grants Fund in the amount of $1 313 625 from available funds, for the purpose of funding the Trinity Bluff Streetscape Sustainable Development 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 16582 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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 ~~ Assistant City ttorney ADOPTED AND EFFECTIVE. June 20. 2006 City of Fort Worth, Texas Mayor and Council Communication COUNCIL ACTION Approved on 6/20/2006 Resolution No 3370-06-2006 & Ordinance No 16997-06-2006 DATE Tuesday June 20 2006 LOG NAME 22SD T BLUFF SUBJECT Adopt Resolution Authorizing an Interlocal Agreement with the Governments for the Trinity Bluff Streetscape Sustainable Execution of an Enhanced Community Facilities Agreement wit Accept Funds from NCTCOG and Trinity Bluff Development, LTC and Authorize Payment to NCTCOG RECOMMENDATION It is recommended that the City Council REFERENCE NO *G-15243 North Central Texas Council of Development Project, Authorize h Trinity Bluff Development, Ltd Adopt Appropriation Ordinance 1 Adopt the attached resolution to authorize entering into an interlocal agreement (ILA) with the North Central Texas Council of Governments (NCTCOG) for the Trinity Bluff Streetscape Sustainable Development project (Project) 2 Authorize the City Manager to accept Sustainable Development funds in the amount of $1 050 900 from NCTCOG 3 Accept funds from Trinity Bluff Development, Ltd in the amount of $262,725 for the local match 4 Authorize execution of an Enhanced Community Facilities Agreement with Trinity Bluff Development, Ltd 5 Adopt the attached appropriation ordinance increasing the estimated receipts and appropriations in the Grants Fund by $1 313 625 and 6 Authorize payment of $262,725 to NCTCOG in lieu of administrative fees with the understanding that these funds will be reimbursed in full upon Project completion DISCUSSION On January 19 2006 (M&C G-15065) the City Council authorized the Planning Department to submit nominations for seven projects for funding through the Sustainable Development Program On April 13 the Regional Transportation Council approved funding in the amount of $1 050 900 for the Trinity Bluff Streetscape Project. This grant amount requires a local match of $262 725 which brings the total Project amount to $1 313 625 Trinity Bluff Development, Ltd has committed to provide $262,725 for the local match requirement. In lieu of charging administrative fees NCTCOG requires that the local match of $262 725 be paid before they will issue a Notice to Proceed on the Project. NCTCOG will return these funds to the City when Logname 22SD T BLUFF Page 1 of 2 expenditures have reached 80% of the Project total and retain the interest earned to cover administrative costs. Upon approval of this M&C staff will complete the following activities. Submit the resolution to NCTCOG on or before Friday July 14 for consideration by the Surface Transportation Technical Committee the Regional Transportation Council and the Executive Board of NCTCOG Upon approval by the aforementioned bodies, work with NCTCOG to execute an interlocal agreement. Submit payment of $262 725 00 to NCTCOG which will be reimbursed in entirety upon completion of the Project. This project is located in COUNCIL DISTRICT 9 FISCAL INFORMATION/CERTIFICATION FISCAL INFORMATION/CERTIFICATION The Finance Director certifies that upon approval of the above recommendations, receipt of the funding and adoption of the attached appropriation ordinance funds will be available in the current operating budget, as appropriated of the Grants Fund TO Fund/AccountlCenters GR76 451409 022203122000 $1,050,900.00 FROM Fund/Account/Centers GR76 488395 022203122000 $262,725.00 GR76 5NARIOUS) 02220312201'0 $1,313,625.00 GR76 159000 000203122000 $262,725.00 Submitted for CitkManager's Office by. Libby Watson (6183) Originating Department Head. Fernando Costa (8042) Additional Information Contact: Randy Hutcheson (8008) Lagname 22SD T BLUFF Page 2 of 2