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HomeMy WebLinkAboutOrdinance 15999~/ q Ordinance No /' AN ORDINANCE INCREASING ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE GRANTS FUND IN THE AMOUNT OF $49 375 000 00 FROM INCREASED REVENUES TO BE RECEIVED FROM REIMBURSEMENTS FROM THE TEXAS DEPARTMENT OF TRANSPORTATION FOR THE PURPOSE OF FUNDING THE DEVELOPMENT OF STATE HIGHWAY 121 T (SOUTHWEST PARKWAY) 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 2003-2004 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 $49 375 000 00 from increased revenues to be received from reimbursements from the Texas Department of Transportation for the purpose of funding the development of State Highway 121 T (Southwest Parkway) 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 15636 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed SECTION 4 This ordinance shall take effect upon adoption.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 Attorney ADOPTED AND EFFECTIVE. ~~ • _~~ ~~V"-f' City of Fort Worth, Texas Mayor and Council Communication COUNCIL ACTION Approved on 6/8/2004 Ordinance No 15999 DATE Tuesday June 08 2004 LOG NAME 30NTTATXDOT#1 REFERENCE NO C-20112 SUBJECT Amendment #1 to the Agreement Between the City of Fort Worth the North Texas Tollway Authority and the Texas Department of Transportation for the Development of SH 121 Tollway (Southwest Parkway) RECOMMENDATION It is recommended that the City Council• 1 Authorize the City Manager to enter into Amendment #1 to the agreement between the City of Fort Worth The North Texas Tollway Authority (NTTA) and the Texas Department of Transportation (TxDOT) in the amount of $49 375 000 20% of this total in the amount of $9 875 000 is the City's match and 2. ..Approve the transfer of the City's 20% match in the amount of $9 875 000 from the SH 121 Tollway (Southwest Parkway) Fund to the Grants Fund and 3 Upon execution of the agreement, adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the Grants Fund in the amount of $49 375 000 from increased revenues to be received from reimbursements from TxDOT and the City's match and 4 Authorize payment to TxDOT in the amount of $25 000 00 'for administrative costs related to this Grant. DISCUSSION On January 8 2004 the North Central Texas Council of Governments Regional Transportation Council (RTC) approved the Transportation Implementation Plan Modification 2004-093 allocating $39 500 000 in funding to aid the City in the acquisition of right of way for the proposed Southwest Parkway Corridor The $39 500 000 is inclusive of the $20 000 000 in funding approved by the RTC finance in December of 2000 This funding is part of the overall funding strategy the City has developed to pay for its obligations under the original tri-party agreement for the Southwest Parkway This funding is in the form of an 80%/20% reimbursement agreement whereby the City will be reimbursed for 80% of all eligible Right-of Way expenses The City's match is $9 875 000 The Texas Department of Transportation (TxDOT) the City of Fort Worth and the North Texas Tollway Authority (NTTA) executed a contract on December 22, 2000 to effectuate their agreement to develop Southwest Parkway from IH 30 in the City for Fort Worth to US 67 in the City of Cleburne This agreement is the vehicle through which the three parties have developed Southwest Parkway to date.. Staff is recommending that the proposed RTC funding agreement take the form of an amendment to the existing agreement executed on December 22 2000 Amendment #1 will allow for the City to seek an 80% reimbursement for all eligible right-of-way acquisition T,~gna.me. ~ONTTATXT)(~T#1 PaoP. 1 ~f~ s expenses which include, but are not limited to appraisal services land agent services, legal services environmental site assessments, remediations, title commitments and land purchases However prior to the project obtaining environmental clearance as promulgated by the issuance of a Record of Decision all acquisitions must be approved by the State and the Federal Highway Administration prior to the expenditure of federal funds 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 SH121T Southwest. Parkway Fund and the Grants Fund TO Fund/Account/Centers {2) GR76 472221 030302943000 $9.875..000.00 {3) GR76 451942 030302943000 $39.500.000.00 {3) GR76 541100 030302943010 $45.625.000.00 (3) GR76 531200 030302943010 $3.750.000.00 FROM Fund/AccountlCenters {2) C221 538070 303210000541 $9.875.000.00 (4) C221 539120 303210000542 $25.000.00 Submitted for City Manager's Office b~ Marc Ott (8476) Originating Department Head A. Douglas Rademaker (6157) Additional Information Contact: A. Douglas Rademaker (6157) T,ngname '~gNTTATXT)(~T#1 PaaP. ~ of ~