HomeMy WebLinkAboutOrdinance 18741-08-2009Ordinance No. 18741-08-2049
AN ORDINANCE INCREASING ESTIMATED RECEIPTS AND APPROPRIATIONS IN
THE PARK GAS LEASE PROJECT FUND IN THE AMOUNT OF $188,154.07, FROM
GAS WELL ROYALTY REVENUES, FOR THE PURPOSE OF TRANSFERRING SAID
FUNDS TO THE PARK IMPROVEMENTS FUND; 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 2448-2009, there
shall also be increased appropriations in the Park Gas Lease Project Fund in the amount of $188,154.07,
from gas well royalty revenues, far the purpose of transferring said funds to the Park Improvements fund.
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. 18283 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ordinances and appropriations are hereby expressly repealed.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:
pity of Fort` UVor~h, Texas
Mayor and Council Communication
COUNCIL ACTION: Approved on 8/4/2009 -Ord. No. 18741-OS-2009 ~ 18742-08-2009
DATE: Tuesday, August 04, 2009
BOG NAME: 80YMGANORTH2
REFERENCE NO.: G-16643
SUBJECT:
Authorize Amendment No, 1 to a Lease Agreement with the YMGA of Metropolitan Fort Worth for the Joint
Use Recreation and Community Facility at Northpark to Increase the City's Funding in the Total Amount of
$188,150.07 and Adopt Appropriation Ordinances
RECOMMENDATION:
__ ___
It is recommended that the City Council authorize the City Manager to:
1. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations by
$188,150.07 in the Park Gas Lease Project Fund from gas well royalty revenues;
2. Transfer from the Park Gas Well Lease Fund to the Park Improvements Fund $188,150.07;
3. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the
Park Improvements Fund by $188,150.07;
4. Execute Amendment No. 1 to Lease Agreement Gontract No. 35235 between the Gity of Fort Worth
and the YMGA of Metropolitan Fort Worth for the joint use recreational and community facility at Narthpark
increasing the City's construction funding participation cost and reimbursement to the YMCA in the
amount of $125,450.07 and allowing payment of $62,700.00 to cover non-construction expenses.
DISCUSSION:
The purpose of this M&C is to authorize and appropriate funds necessary to reimburse the YMCA for the
City's portion of final construction costs for the Northpark Community GenterlYMGA and fund additional
expenses incurred for project administration and non contract construction activities.
The ~00~+ Cap~'a! i~~~ro~~emer~t Pr~g~a~~~ ICIPi ~Ilocaied 5~,5~}0,000 t7C~ for tF~e developr~,ent of fhe new
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February 2008, and was completed in December 2008.
Non-construction related costs for project feasibility and due diligence including a facility use survey,
project administration, constructability review and utility set up in the amount of $62,700.00 were incurred
on the project. Construction additions and structural modifications increased the final project construction
cost to $4,450,900.14, or $250,900.14 over the original construction estimate of $4,200,000.00.
To cover the final construction expenses both PACS and YMCA agreed to cost share the overage in the
amount of $125,450.07 each to make up the $250,900.14 shortfall. The $125,450.07 expense together
with the due diligence and project feasibility expenses in the amount of $62,700.00, total $188,150.07.
The final project budget is summarized as follows:
ITEM PACS YMCA TOTAL
Initial Funding Commitment $2,500,000.00 $2,500,000.00 $5,000,000.00
Design $0.00 ($400,000.00)
FF&E $0.00 ($404,000.00}
Sub-Total: Funding for Construction $2,500,000.00 $1,700,000.00 $4,200,000.00
Final Construction Amount $4,450,900.14
Deduct Estimated Gonstruction Gost ($4,200,,000.00)
Total Gonstruction Overage $125,450.07
PADS Overage Reimburse to the $125,450.07
YMCA
PADS Non-Gonstruction Expenses to
Date $62,_700.,00
Total PACS Shortfall $188,150.07
$125,450.07 $250,900.14
The proposed expenditure of park gas well royalty funds is in accordance with the City's Financial
Management Policy Statements. In addition, this expenditure enables the leveraging of gas well revenues
which meet the specified gas well revenues expenditure criteria.
Northpark is located in COUNCIL DISTRICT 2.
FISCAL INFQRMATI4N l CERTIFICATIC}N:
The Financial Management Services 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 Park improvements Fund.
f=UND CENTERS
TO Ft~ndAccaunt Centers
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4} 0280 51101fl 8Q2450012830 $14,328,Ofl
4~C280 511.060.802450012830 X2,434,00
4~ C280 51,1.01.0 °02.15t70"~ 2880 ~25,636.fl0
~} C280 511oso 8o2~5c~o1.2880 8.3000
4}C280 539120 $0245001,2880 ~3 X42 00
__ _ .
CERTIFICATIC?NS:
Submitted far City Manager"s C}ffice by; Charles W. Daniels (6183}
Richard Zavaia 5711
Originating Department_Head: ~ }
Additional Information Contact; C}avid Creek (5744)