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HomeMy WebLinkAboutOrdinance 10702' Y -' .i b~ . ~ ORDINANCE N0. row AN ORDINANCE INCREASING THE ESTIMATED RECEIPTS IN THE SPECIAL ASSESSMENT FUND, FUND GS87, FORT WORTH IMPROVEMENT DISTRICT NO 1 OF THE CITY OF FORT WORTH FOR THE FISCAL REAR 1990-91 BY THE SUM OF 5689,677.00 AND APPROPRIATING SAID $689,677.00 TO THE SP1'sCIAL ASSESSMENT FUND, FUND GS87, FORT WORTH IMPROVEMENT DISTRICT N0. 1, FOR FUNDING OF THE FORT WORTH IMPROVEMENT DISTRICT N0. 1, 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 1990-91 and in the Budget of the City Manager, there shall also be increased estimated receipts in the Special Assessment Fund, Fund GS87, Fort Worth Improvement District No. 1, by the sum of $689,677.00 and appropriating said $689,677..00 to the Special Assessment Fund, Fund GS87, Fort Worth Improvement District No. 1, for funding of the Fort Worth Improvement District No 1. SECTION 2. 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 oar judgement 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. 10652 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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 The City Secretary of the City of Fort Worth is hereby directed to engross and enroll this ordinance by copying the caption and effective date into the minutes of the City Council and by filing this ordinance in the ordinance records of the City of Fort Worth. r r 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 ~ ~ City Attorney Date•lb _t'~-~0 Adopted • /~ "~ 3 ~d Effective:_/'t~ °~~ ' q !~ +a~srEa F~ce.a ACCOUNTINO•x ~2t~ ~f JL' ®9°~ 'V~V ®~"t~~ c~-'~.7~~~ lRAry5PORTA710N(PUBL-C MI~~\\~\RYK//B/~//.!!4~ 1,f//7/I, //M/1/~~(/~///7/,/ \!/1/'~-, /-~f. ///7(/. ~I'~-~I ~-~1-~11 ~1 ~ ~1V1) ~) ~f1~'1 /n/. HATER AOMINISTRATrtiH t~ " - ~~®~ "- ° °"~"~ v ®~~~`~~W ~®U U lVl/ Il l~ (L~IVU (V /Ll~,~l(,(j~lL~®~ fhITY MANAGER. a DATE REFERENCE SUBJECT FY 1990-91 FORT WORTH PAGE ~~ NUMBER IMPROVEMENT DISTRICT N0. 1 FUNDING I 2 10-23-90 **G-8872 Hof RECOMMENDATION: - -- ~-~, _-It i s recommended that the City Counci 1 1. Adopt the attached appropriations ordinance increasing estimated receipts and appropriations by $689,677 in Special Assessment Fund GS87, Center No. 002100091000, Fort Worth Improvement District No. 1 ($546,677 from private property assessments, $50,916 from City property assessments, $10,000 from interest earnings and $82,084 transfer from Non-Departmental, Downtown Assessment District); and 2. Approve the transfers to Special Assessment District Fund GS87 as follows: rom To Amo n ut GG01 0905803 GS87 002100091000 $ 38,000 Park and Rec Fort Worth Improve- Contribution ment District No. 1 Account 538070 Account 472222 GGO1 0905802 GS87 002100091000 $ 22,000 City Services Fort Worth Improve- Contribution ment Diistrict No. 1 Account 538070 Account: 472172 GGO1 0905804 GS87 002100091000 $ 22,084 Contribution Fort Worth Improve- Over Assessments ment District No. 1 Account 538070 Account 488282 3. Authorize the City Manager to pay the City's contractual payments of $82,084. DISCUSSION: On September 25, 1990, M&C G-8820, tFie City Council approved the 1990-91 Bud- get and Plan of Services for Fort Worth Improvement District No. 1. The District's budget included $82,084 in contractual payments by the City. This $82,084 includes $60,000 as payment in lieu of services previously pro- vided by the City :($38,000 for planter box maintenance, and $22,000 far side- walk cleaning and garbage pick-up along Main Street). In addition, $22,084 is to be paid to the District for contractual maintenance of planter boxes and sidewalk cleaning along Houston and Throckmorton Streets. State law requires the City to pay an assessment against its property within the District. The proposed assessment against City property for 1990-91 is $50,916. This amount will be transferred to Special Assessments Fund GS87, r- S ~' DATE REFERENCE SUBJECT FY 1990-91 FORT WORTH PAGE NUMBER IMPROVEMENT DISTRICT N0. 1 FUNDING f 2 '`2 10-23-90 *G_8872 o Center No. 002100091000 after the City Council approves all the assessments for the District. The public hearing to consider assessments will be held at a`future City Council meeting. FINANCING: Sufficient funds are available to transfer from Non-Departmental Centers 0905802 ($22,000), City Services Contribution, 0905803 ($38,000), Park and Rec Contribution, and 0905804 ($22,084) Contribution Over Assessment. Upon approval and completion of recommendations #1 and 2, sufficient funds will be available in Downtown Assessment. District Fund GS87, Center No. 002100091000, Fort Worth Improvement District No. 1. DAI:c 02fund0l APPROV U~CIL CITY CO ~ ~- City 5eczetazy cf ~~ • ~Vorth.Texaa City of ~oz SUBMITTED .FOR THE OFFICEABY GER'S Ruth Ann McKinney 6125 DISPOSITION BY COUNCIL: ^ APPROVED PROCESSED 8Y ORIGINATING ^ OTHER (DESCRIBE) DEPARTMENT HEAD: Ruth Ann MCKI nney 6125 a CITY SECRETARY FOR ADDITIONAL INFOR~`'~ATr~O 6102 ~ d l- u trtunc ~~uw w'o ~„~.o • DATE CONTACT I\IrK e nar r,,,: