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HomeMy WebLinkAboutOrdinance 11093r J +} }~~. 1~.~ ORDINANCE NO. ~ AN ORDINANCE APPROPRIATING $188,344.22 TO THE WATER AND WASTEWATER OPERATING FUND AND DESCREASING THE UNRESTRICTED, UNDESIGNATED RETAINED EARNINGS BY' THE SAME AMOUNT FOR THE PURPOSE OF THE FINAL PAYMENT TO VINSON AND ELKINS FOR THE PURPOSE OF PROVIDING SPECIAL EXPERTISE AND ASSISTANCE iN THE ARLINGTON RATE CASE AND LITIGATION; PROVIDING FOR A SEVERABILITY CLAUSE; MAKING THIS ORDINANCE CUMULATIVE OF PRIOR ORDINANCES AND REPEALING ALL PRIOR ORDINANCES IN CONFLICT HEREWITH; PROVIDING FOR ENGROSSMENT :AND ENROLLMENT; 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 1991-92 and in the Budget of the City Manager, there shall also be increased appropriations in the Water and Wastewater Operating Fund in the amount of $188,344.22 thereby decreasing the unrestricted, undesignated Retained Earnings by the same amount for the purpose of paying the final payment to Vinson and Elkins, Attorneys at Law for their representation in the Arlington Rate Case and litigation. _._ -1- 3' ~'. SECTION 5. 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: 1 DE~'v~rK City Attorney Date : Jr I a1 - q"o~- Adopted : r~~ I ~ 1 / V Effective: ~Jt `/ -3- MASTER FiLE~P ACCOUNTING 2 TRANSPORTATION~PUBLIC WORKS+O City of Fort i~ortl~ Texas N.OTER ADMINISIRA d ~ay~„ and Cou~-cil Ca-mmunicati~~n LAiJ 1 ~~ -DATE 05/12/92 REFERENCE NUMBER **FP-2958 L NAME 60ELKIN PA E 1 of 1 SUBJECT FINAL PAYMENT FOR VINSON AND ELKINS ATTORNEYS AT LAW RECOMMENDATION: It is recommended that the City Council: 1. Authorize the City Manager to execute final paymen Elkins, Attorneys at Law, and t of $188,344.22 to Vinson and 2. Adopt the attached supplemental appropriation ordi Wastewater appropriation by $188,344.22 and Undesignated Water and Wastewater Fund balance by nance increasing the Water and decreasing the Unreserved, the same amount. DISCUSSION: On July 24, 1990, (M&C G-8740}, the City Council authorized the employment of Vinson and Elkins to provide special expertise and assistance in the Arlington Rate Case and litigation; on November 13, 1990 (M&C G-8900), the City Council authorized the continuance with the firm. The contract was continued April 30, 1991 (M&C G-9126) in an amount not to exceed $215,000. The City has paid a total of $633,712.72 to Vinson and Elkins for these services, however, the City subsequently determined its interests are better served by the firm of Kelly, Hart and Hallman who are presently under contract. FISCAL INFORMATION/CERTIFICATION: The Director of Fiscal Services certifies that upon appropriation ordinance, funds required for this expend Water and Sewer Operating Fund. adoption of the supplemental iture will be available in the MG:j Su mitte for City Manager's Offi FUND ACCOUNT CENTER AMOUNT CITY SEC TARY ce by: to ~ ~, ~° ~~~~ ~~~~~~ Mike Groomer 6140 " Or g nat~ng Departaent Hea 6~AY $2 ~l~~2 i R chard Sawey 8207 from ~~ For Additional Information C PE45 531200 0701000 188, 344 2 ~lty S~aa~starg ®g Yt'ie City ofkoxtViforth,Tescaa ontact: Ri h c ard Sawey 8207 d Or~inan~e N6, ~~ Printed on recycled paper