| Official site of the City of Fort Worth, Texas |
| City Council Agenda |
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| Official site of the City of Fort Worth, Texas |
| City Council Agenda |
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| COUNCIL ACTION: Approved on 4/18/2017 - Ordinance No. 22676-04-2017 | |||||
| DATE: | 4/18/2017 | REFERENCE NO.: | **C-28189 | LOG NAME: | 061000 - 2017 TRANSPORTATION IMPACT FEE STUDY FUNDING |
| CODE: | C | TYPE: | CONSENT | PUBLIC HEARING: | NO |
| SUBJECT: | Adopt Appropriation Ordinance in the Amount of $475,500.00 for the 2017 Transportation Impact Fee Update Study (ALL COUNCIL DISTRICTS) | ||||
| RECOMMENDATION: |
It is recommended that the City Council adopt the attached appropriation ordinance increasing the estimated receipts and appropriations in the Transportation Impact Capital Legacy Fund in the amount of $475,500.00 from available funds. |
| DISCUSSION: |
City Council authorized the execution of a Professional Agreement with Kimley-Horn and Associates on December 13, 2016, Mayor and Council Communication (M&C P-11980) to perform the 2017 Transportation Impact Fee Update Study. This M&C will provide the funding for that contract. The 2017 update study will be funded equally from all of the 19 active fee service areas. The total contract cost of $475,500.00 is less than one percent of the total impact fee revenues to date, which total $65 million. This project is located in ALL COUNCIL DISTRICTS. This M&C does not request approval of a contract with a business entity. |
| FISCAL INFORMATION/CERTIFICATION: |
The Director of Finance 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 Transportation Impact Capital Legacy Fund. |
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| Submitted for City Manager's Office by: |
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| Originating Department Head: |
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| Additional Information Contact: |
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| ATTACHMENTS |
| 061000 2017 TRANSPORTATION IMPACT FEE STUDY FUNDING_AO17r.docx |