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HomeMy WebLinkAboutItem 16 - Grapevine Links Hike and Bike Trail MEMO TO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL FROM: BRUNO RUMBELOW, CITY MANAGER D� MEETING DATE: MARCH 6, 2018 SUBJECT: CONSIDER THE TRANSFER OF FUNDS AND APPROPRIATION ORDINANCE FOR THE GRAPEVINE LINKS HIKE AND BIKE TRAIL RECOMMENDATION: City Council consider to consider an appropriation ordinance authorizing the transfer of $180,394.43 from the Capital Projects Streets Fund and appropriating funds to the Grapevine Links Trail project. FUNDING: Upon approval of the attached appropriation ordinance, funds will be available in 172- 72165-000-000-10 (Grapevine-Links Trail). BACKGROUND: On December 20, 2011 the City Council approved a Local Project Advance Funding Agreement with the Texas Department of Transportation for the construction and management of the Grapevine Links Trail Project. This agreement required a 20% local match and capped TxDOT participation at $934,795.00 based upon estimates before the final bid was accepted by TxDOT. 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). Staff recommends approval. BB February 28,2018(1:47PM) 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 D. Tate Mayor ATTEST: Tara Brooks City Secretary APPROVED AS TO FORM: City Attorney Ordinance No. 2018-022 2