HomeMy WebLinkAboutOrdinance 13628
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ORDINANCE NO ~~ ~S
AN ORDINANCE INCREASING THE ESTIMATED RECEIPTS AND
APPROPRIATIONS BY $2.2 MILLION 1N THE SPECIAL ASSESSMENTS FUND
AND IN THE STREET IMPROVEMENTS FROM AVAILABLE FUNDS FOR THE
PURPOSE OF FUNDING 1990 AND 1993 CENTRAL CITY STREET PROJECTS,
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 1998/99 and in the
Budget of the City Manager, there shall also be increased estimated receipts and appropriations by $2.2 million in
the Special Assessments Fund and in the Street Improvements Fund from available funds for the purpose of
funding 1990 and 1993 central city street projects.
SECTION 2.
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. 13540 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and appropriations are hereby expressly repealed.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 from and after the date of its passage, and it is so
ordained.
APPROVED AS TO FORM AND LEGALITY
~~
Assistan Attorney
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Date
-
9
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Adopted
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Effective
City of Fort Worth, Texas
~1-~Ayar And ~aunc~l ~c~mmun~cAt~an
DATE REFERENCE NUMBER LOG NAME PAGE
10/27/98 G-12366 20STREET 1 of 2
SUBJECT ADOPTION. OF APPROPRIATION ORDINANCE AND TRANSFER OF FUNDS TO 1990
AND 1993 CENTRAL CITY STREET PROJECTS
RECOMMENDATION
It is recommended that the City Council
Adopt the attached appropriation ordinance increasing estimated receipts and appropriations by
$2.2 million in the Special Assessments Fund and in the Street Improvements Fund from available
funds, and
2. Approve the transfer of $2.2 million from the Special Assessments Fund to the Street Improvements
Fund, and
3 Approve the deletion of the following projects by finding that conditions have materially changed so
that the projects, as originally proposed, are unwise or unnecessary; and
Purchase of Flood Prone Property
Residential Flood Proofing
Railroad Crossings
Protective ROW Purchases
Street Lighting
Signals/Signal System
$ 846,894
$ 999,675
$ 250,000
$ 100,000
$ 450,000
TOTAL $3,096,569
4 Authorize the City Manager to reallocate $3,096,569 from the above deleted projects to 1993 Capital
Improvement Program (CIP) Central City Street projects.
Conditions which existed at the time the 1993 CIP was approved by the voters have changed, in that
the costs to reconstruct central city streets have significantly exceeded bond estimates. Therefore, it
would be unwise and unnecessary to fully expend bonds for the projects noted in recommendation 3
above, to the detriment of central city streets proposed for reconstruction in both the 1990 and 1993
CIP's. Furthermore, additional funding for drainage improvements in the recently approved 1998 CIP
will alleviate the need for funding to purchase flood prone property, or development of a residential
flood proofing program Finally, 1998 CIP funding for railroad crossings, street lights, and traffic signals
eliminates the need to expend remaining 1993 CIP funds for this purpose.
The purpose of the above recommendations is to provide funding to cover a projected $5 74 million
shortfall in funding to complete 1990 and 1993 CIP central city (neighborhood) street projects Staff
briefed the City Council on this shortfall during the October 20, 1998 Pre-Council session
City of Fort Worth, Texas
~1-~Ayar And Caunc~l ammun~cAt~an
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DATE REFERENCE NUMBER LOG NAME PAGE
10/27/98 G-12356 20STREET 2 of 2
SUBJECT ADOPTION OF APPROPRIATION ORDINANCE AND TRANSFER OF FUNDS TO 1990
AND 1993 CENTRAL CITY STREET PROJECTS
To date, all available funding has been expended or encumbered for projects completed (84) and under
contract (123) There are no funds available to award construction contracts for the 16 projects ($5.74
million) remaining in the 1990 and 1993 CIP's. Therefore, the shortfall is $5 74 million
A number of factors have contributed to the funding shortfall• (1) construction costs 13% over bond
approved amounts, (2) under budgeting for Engineering services, (3) loss of funding (CDBG,
Assessments, Council District Undesignated funds), and (4) significant project expansions and
additions.
The City Council adopted "Policies and Alternative Uses for the Special Assessment Fund" (M&C G-
10979, 2/14/95) required that a balance of $3 million be retained in the fund at all times "to cover paving
assessments" Due to the elimination of assessments on inner City street projects, there is no longer
any need to maintain this significant balance. As of this date, the fund has just over $2.7 million in
outstanding assessments which, once received, will more than offset the transfer recommended above.
Following transfer of the $5 3 million above, the remaining $438,500 shortfall will be addressed by
utilizing asphalt rather than concrete for construction on selected streets Any remaining shortfall will
be addressed via anticipated savings from contingencies reserved for projects under contract.
FISCAL INFORMATION/CERTIFICATION
The Finance Director certifies that, upon adoption of the attached appropriation ordinance, funds will be
available in the current capital budget, as appropriated, of the Street Improvements Fund
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Submitted for City Manager's FUND ACCOUNT CENTER AMOUNT CITY SECRETARY
Office by: (to)
1) GS94 488032 020940099050_ $2,200,000 APPRQVE~
Mike Groomer 6140 2) GS11 488093 020110040901 $2,200,000 CI TY COUNCI L
Originating Department Head: 1 &2) GS94 538070 020940099050 $2,200.,000
2) GS11 541200 020110040901 $2,200,000 ~~j 27
Hugo Malanga 7801 (from)
2) GS94 538070 020940099050 $2,200,000
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Additional Information Contact: ~
°
~ C1ty Ss~retarp of the
Citq of Fort Worth
TAxas
Hugo Malanga 7801 ;
Adopted Ordinance ova. ~~~