HomeMy WebLinkAboutOrdinance 16998-06-2006Ordinance No 16998-06-2006
AN ORDINANCE INCREASING ESTIMATED RECEIPTS AND
APPROPRIATIONS IN THE GRANTS FUND IN THE AMOUNT OF $3 000 000
FROM AVAILABLE FUNDS FOR THE PURPOSE OF FUNDING THE WEST
BERRY STREET-GRAND MARC 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 sha11 also be increased estimated receipts and
appropriations in the Grants Fund in the amount of $3 000 000 from available funds, for the
purpose of funding the West Berry Street-Grand Marc 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conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed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
ssistant City ttorney
ADOPTED AND EFFECTIVE. June 20. 2006
City of Fort Worth, Texas
Mayor and Council Communication
SUBJECT
Adopt Resolution Authorizing an Interlocal Agreement with the North Central Texas Council of
Governments for the West Berry Street-Grand Marc Sustainable Development Project, Accept
Funds from NCTCOG Texas Christian University and Phoenix Property Inc Authorize. a
Memorandum of Understanding with Texas Christian University Authorize Transfer of $305 100
from the New Development Fund to the Grants Fund Adopt Appropriation Ordinance Authorize a
Non-interest Bearing Loan of $600 000 from the General Fund to the Grants Fund and Authorize
Payment to NCTCOG
RECOMMENDATION
It is recommended that the City Council
1 Adopt the attached resolution to authorize entering into an interlocal agreement (ILA) with the North
Central Texas Council of Governments (NCTCOG) for the West Berry Street-Grand Marc Sustainable
Development project (Project)
2. Authorize the City Manager to accept Sustainable Development funds in the amount of $2 400 000
from NCTCOG
3 Authorize acceptance of funds from Phoenix Property Inc. in the amount of $95 430 towards the local
match authorize the execution of a Memorandum of Understanding or an Enhanced Community Facilities
Agreement with Texas Christian University (TCU) as appropriate and accept funds from TCU in the amount
of $199 470 towards the local match
4 Authorize the transfer of $305 100 from the New Development Fund to the Grants Fund to use as
matching funds for the Project;
5 Adopt the attached appropriation ordinance increasing the estimated receipts and appropriations in the
Grants Fund by $3 000 000
6 Authorize anon-interest bearing loan from the General Fund in the amount of $600 000 to the Grants
Fund and
7 Authorize payment of $600 000 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
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Regional Transportation Council approved funding in the amount of $2 400 000 for the West Berry Street
Grand Marc Project. This grant amount requires a focal match of $600 000 which brings the total Project
amount to $3 000 000
TCU has committed to provide $199 470 towards this local match requirement. The remaining local match
will come from an approved Enhanced Community Facilities Agreement, to which Phoenix Property Inc.
has committed $95 430 and the City has committed $305 100
{n lieu of charging administrative fees NCTCOG requires that the local match of $600 000 be paid before
they will issue a Notice to Proceed on the Project. NCTCOG will return these funds to the City when
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
and work with TCU to execute a Memorandum of Understanding or an Enhanced Community Facilities
Agreement as appropriate
Submit payment of $600 000 to NCTCOG which will be reimbursed in entirety upon completion of the
Project.
After receipt of a Notice to Proceed issue a request for qualifications from appropriate engineering
firms
This project is located in COUNCIL DISTRICT 9
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/Account/Centers
GR76 220001 000203110000 $600,000.00
GR76 5(VARIOUS) 022203110010 $3,000,000.00
GR76 488395 .022203110000 $199,470.00
GR76 488395 022203110000 $95,430.00
GR76 472202 022203110000 $305,100.00
GR76 159000 000203110000 $600,000.00
GR76 451409 022203110000 $2,400,000.00
FROM Fund/Account/Centers
GG01 136076 0000000
C202 538070 179770040783
$soo,ooo.oo
$305,100.00
Submitted for Cit~Manager's Office bv. Libby Watson (6183)
Originating Department Head. Fernando Costa (8042)
Additional Information Contact: Scott Bellen (6942)
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