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HomeMy WebLinkAboutORD 2018-022 ORDINANCE NO. 2018-022 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF GRAPEVINE, TEXAS; APPROPRIATING $180,394.43 IN THE CAPITAL PROJECTS STREETS FUND; TRANSFERRING $180,394.43 FROM THE CAPITAL PROJECTS STREETS FUND TO THE GRAPEVINE-LINKS TRAIL CAPITAL PROJECT FUND; APPROPRIATING $180,394.43 IN THE GRAPEVINE LINKS TRAIL CAPITAL PROJECT FUND; DECLARING AN EMERGENCY AND PROVIDING AN EFFECTIVE DATE WHEREAS, the City Council of the City of Grapevine approved a Local Project Advance Funding Agreement with the Texas Department of Transportation (TxDOT) for the construction and management of the Grapevine Links Trail Project on December 20, 2011; and WHEREAS, this agreement required a 20% local match and capped TxDOT participation at $934,795.00; and WHEREAS, The City has been notified that the total final project cost is $1,400,176.47 leaving a funding gap of $180,394.43 after accounting for TxDOT's contribution and the previously deposited City match of 20% ($284,987.04); and WHEREAS, approval of this ordinance will make the total project funds available for the Grapevine Links Hike and Bike Trail in the amount of $180,394.43; and WHEREAS, all constitutional and statutory prerequisites for the approval of this ordinance have been met, including but not limited to the Open Meetings Act; and WHEREAS, the City Council deems the adoption of this ordinance is in the best interests of the health, safety, and welfare of the public. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF GRAPEVINE, TEXAS: Section 1. That all matters stated herein above are true and correct and are incorporated herein by reference, as if copied in their entirety. Section 2. That the City Council hereby appropriates $180,394.43 in the Capital Projects Streets Fund and transfers the amount from the Capital Projects Streets Fund to the Grapevine Links Trail Capital Project Fund. Section 3. That the City Council hereby appropriates $180,394.43 in the Grapevine Links Trail Capital Project Fund. Section 4. The fact that the present ordinances and regulations of the City of Grapevine, Texas are inadequate to properly safeguard the health, safety, morals, peace and general welfare of the public creates an emergency which requires that this ordinance become effective from and after the date of its passage, and it is accordingly so ordained. PASSED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF GRAPEVINE, TEXAS on this the 6th day of March, 2018. APPROVED: William II. Tate Mayor ATTEST: GRAPFfi , m Tara Brooks � r' ''y City Secretary * * APPROVED AS TO FORM: City Attorney Ordinance No. 2018-022 2