HomeMy WebLinkAboutOrdinance 21883-09-2015 ORDINANCE NO. 21883-09-2015
AN ORDINANCE INCREASING THE ESTIMATED RECEIPTS AND
APPROPRIATIONS IN THE CULTURE & TOURISM CAPITAL FUND IN THE
AMOUNT OF $165,000.00, FROM AVAILABLE FUNDS, FOR THE PURPOSE OF
FUNDING A PROFESSIONAL SERVICES AGREEMENT WITH HUNDEN
STRATEGIC PARTNERS, INC., RELATED TO THE DEVELOPMENT OF A
CONVENTION HOTEL IN DOWNTOWN FORT WORTH ADJACENT TO THE FORT
WORTH CONVENTION CENTER; PROVIDING FOR A SEVERABILITY 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 2014-2015 in the
Budget of the City Manager, there shall also be increased estimated receipts and appropriations in the Culture &
Tourism Capital Fund in the amount of $165,000.00, from available funds, for the purpose of funding a
Professional Services Agreement with Hunden Strategic Partners, Inc., related to the development of a convention
hotel in downtown Fort Worth adjacent to the Fort Worth Convention Center.
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. 21457-09-2014 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ordinances and appropriations are hereby expressly repealed.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:
Grant Jordan, Assistant Cit y Attorney Mary J. Kay c , C,i Se c, etary
ADOPTED AND EFFECTIVE: S )ternbcr 11-520 15
Ordinance No. 21883-09-2015
Page 1 of 1
City of Fort o Texas
Mayor and Council Communication
COUNCIL ACTION: Approved on 911512015 - Ordinance No, 218,83-09-2016
DATE: Tuesday, September 15, 2015 REFERENCE N .: **C-27447
LOG NAME: 25CONVENTION HOTEL 2015
SUBJECT:
Authorize Execution of a Professional Services Agreernerit with hlunden Strategic Partners„ Inc., to Provide
Developer Solicitation and Selection Services for the Development of a Convention Hotel in Downtown Fort
Worth Adjacent to the Fort Worth Convention Center in an Amount Not to Exceed $150,000.00 Plus
$15,000.00 in Reimbursable Expenses, Authorize Transfer of Funds and Adopt Appropriation Ordinance
(ALL COUNCIL DISTRICTS)
RECOMMENDATION:
It is recommended that the City Council:
1. Authorize a transfer in the amount of$105,000.00 from the Culture and Tourism Fund to the Culture
and Tourism Capital Fund;
2. Adopt the attached appropriation ordinance increasing the estimated receipts and appropriations in the
Culture and Tourism Capital Fund in the amount of$155,000.00 from available funds" and
. Authorize the execution of a Professional Cervices Agreement with Flunden Strategic Partners, Inc., to
provide developer solicitation and selection services for the development of a Convention Hotel in
downtown Fort Worth adjacent to the Fork Worth Convention Center in an amount not to exceed
150,000.00 plus $15,000.00 in reimbursable expenses..
DISCUSSION:
On October 15, 2013, (City Secretary Contract [CSCd No. 45034„ Mayor and Council Communication
[M&Cj C-25509) the City Council authorized a Professional Services Agreement with Hunden Strategic
Partners, Inc. (I-ISP), for market and feasibility analysis of Fort Worth's downtown hospitality market,
including market demand for convention type hotels and a future expansion of the Fort Worth Convention
Center. On September 14, 2014, the Professional Services Agreement (CSC No. 45034-A1) was
amended to include additional services related to analyzing, modeling, and estimating financial resources
for potential development, and preparing for the hotel developer selection processes including strategies.
On July 14„ 2014, HSP presented its findings to City Council. The -final report indicated, among other
recommendations, that a second branded headquarters hotel of 1,000 rooms be added on a site adjacent
to the Fort Wrath Convention Center,
The initial work items of preparing the developer solicitation and selection processes, including the
creation of the developer Request for Qualifications (RFC ) document and management of the RFQ
solicitation process, were included under the CSC No. 45034-A1. The purpose of this Mayor and Council
Communication is to seek authorization -to execute a Professional Services Agreement (Agreement) with
Run en Strategic Partners, Inc., to complete the Developer Solicitation and Selection Processes for the
I..,ogna me: 2 C ONVIF!,NTIO HO T°El, 2015 Page I of 2
development of a Convention Hotel in Downtown Fort Worth adjacent to the Fort Worth Convention
Center. The scope of work will include administering the RFQ and Request for Proposal processes,
evaluating and ranking the proposals, interviewing developers, and conducting Economic Development
negotiations with the top-ranked developer to construct a Convention Hotel.
The total costs are not expected to exceed:
Consultant $150,000.00
Reimbursable Expenses $ 15,000.00
Total $165,000.00
This project is located in COUNCIL DISTRICT 9, but will serve ALL COUNCIL DISTRICTS.
FISCAL INFORMATION / CERTIFICATION:
The FY2015 operating budget of the Culture and Tourism Fund, FWCC/WRMC Maintenance and
Improvements Division, includes appropriations of$1,000,000.00 in the Facility Maintenance by Outside
Vendors account. As of August 24, 2015, the amount of$355,888.00 has been expended. The Financial
Management Services Director certifies that upon approval of the abover co tions and adoption
of the attached appropriation ordinance, funds will be available in the Culture and Tourism Capital Fund.
FUND CENTERS:
TO Fund/Account/Centers FROM Fund/Account/Centers
2t M02_476004 240000400515 X1651000.00 1) GG04 536040 0240600 $165,000.00
210302 531.200 240000400515 1165x000.00 3) C302 531200 240000400515 11 a000.00
CERTIFICATIONS:
Submitted for City Manager's Office by: Susan Alanes ( 1 0)
Originating Department Head: Kirk Slaughter (2501)
Additional Information Contact: Betty Tanner (2502)
,Logname: 25CONVENTION HOTEI, 2015 Page 2 of 2