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HomeMy WebLinkAboutOrdinance 14178• Ordinance No AN ORDINANCE INCREASING THE ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE GRANTS FUND IN THE AMOUNT OF $1,306,500.00 FOR THE GRANT FROM THE FEDERAL HIGHWAY ADMINISTRATION FOR THE PURPOSE OF FUNDING IMPROVEMENTS TO PORTIONS OF NORTH MAIN AND BERRY STREET CORRIDORS AND TO CONDUCT A STUDY OF OTHER CENTRAL CITY COMMERCIAL CORRIDORS, PROVIDING FOR A SEVERABILITY CLAUSE, MAKING THIS ORDINANCE CUMULATIVE OF PRIOR ORDINANCES AND REPEALING ALL 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 the Fiscal Year 1999-00 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 $1,306,500 00 for the grant from the Federal Highway Administration for the purpose of funding improvements to portions of North Main and Berry Street Corridors and to conduct a study of other central city commercial corridors. 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. 13886 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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 and be in full force and effect and after the date of its passage, .and it is so ordained. APPROVED AS TO FORM AND LEGALITY ov~~~ ~ ssi taut City Attorney ~ n .~. ` ~,~ _ a ~ ~• ~~. Date Adopted 05-03-0 • Effective City of Fort Worth, Texas ~1-~Ayar And caurv~l ccre»~rtun;cA~ian DATE REFERENCE NUMBER LOG NAME PAGE 5/2/00 G-12904 221MPROVE 1 of 2 SUBJECT ADOPTION OF APPROPRIATION ORDINANCE AND AUTHORIZATION TO ACCEPT A FEDERAL GRANT TO IMPROVE PORTIONS OF THE NORTH MAIN AND BERRY STREET CORRIDORS, AND TO CONDUCT A STUDY OF OTHER CENTRAL CITY COMMERCIAL CORRIDORS RECOMMENDATION It is recommended that the City Council Authorize the City Manager to accept a Transportation and Community and System Preservation (TCSP) grant from the Federal Highway Administration in the amount of $1,306,500 for improvements to portions of the North Main and Berry Street corridors and for a study of Central City commercial corridors, and 2 Authorize the City Manager to enter into a grant agreement with the Texas Department of Transportation for use of the TCSP grant funds, and 3 Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the Grants Fund by $1,306,500, and 4 Rescind M&C (G-12771), dated December 21, 1999, with Ordinance No 14032, which estimated the grant award to be $1,500,000 DISCUSSION In December, 1999, the City Council approved M&C (G-12771), authorizing the City Manager to submit a TCSP grant proposal to the Federal Highway Administration in order to receive an earmarked TCSP grant in the amount of $1 5 million On March 17, 2000, the US Transportation Secretary announced the FY 2000 TCSP grant awards, which reduced all of the earmarked TCSP grant amounts The City's grant amount was reduced by $193,500 to $1,306,500 Accordingly, the Federal Highway Administration (FHWA) has requested that the City submit a revised grant budget proposal The City proposes to use $1 million in TCSP funds to supplement the 1998 CIP bond funds allocated to North Main Street ($1 56 million) and Berry Street ($1 5 million) The North Main Street project would receive $400,000 and the Berry Street project would receive $600,000 in TCSP funds to supplement bond funds for public improvements The City proposes to use the remaining $306,500 to provide su;p:port for the economic development of other Central City commercial corridors. The high-priority corridors would-be recommended by the City's Commercial Corridors Task Force The redevelopment plans would identify potential funding sources and development tools Appropriation Ordinance No 14032 was adopted by the City Council on December 21, 1999, increasing estimated receipts and appropriations in the amount of $1,500,000 subject to the receipt of the grant. That appropriation ordinance should be rescinded City of Fort Worth, Texas ~11~A~ar And C,aunc~l ain~rtun~cn~ian C DATE 5/2/00 REFERENCE NUMBER G-12904 LOG NAME 221MPROVE PAGE 2 of 2 SUBJECT ADOPTION OF APPROPRIATION ORDINANCE AND AUTHORIZATION TO ACCEPT A FEDERAL GRANT TO IMPROVE PORTIONS OF THE NORTH MAIN AND BERRY STREET CORRIDORS, AND TO CONDUCT A STUDY OF OTHER CENTRAL CITY COMMERCIAL CORRIDORS FISCAL INFORMATION/CERTIFICATION The Finance Director certifies that upon receipt of the grant and adoption of the attached appropriation ordinance, funds will be available in the current budget, as appropriated, in the Grants Fund RGj ~.. ~_ Submitted for City Manager's FUND ACCOUNT CENTER AMOUNT CITY SECRETARY Office by• (to) ~~DV~~ GR76 541942 022302614000 $1,306,500 00 C{TY CQUNCIL Ramon Guajardo 6140 GR76 539120 022302614010 $1,306,500 00 Originating Department Head: MAY 2 Z~~O Fernando Costa 8042 (from) Additional Information Contact: City Secretary of the Cit of Fort Worth ltizaa y , Dana Burghdoff 8018 Adopted Ordinance Nr~!,~