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HomeMy WebLinkAboutOrdinance 10615., ! ORDINANCE NO ~~(.~~ AN ORDINANCE APPROPRIATING $50,000 TO THE GENERAL FUND 01,NON-DEPARTMENTAL ACCOUNT NO 90- 55-00 OF THE CITY OF FORT WORTH FOR FISCAL YEAR 1989-90 AND DECREASING THE UNRESERVED, UNDESIGNATED FUND BALANCE OF THE GENERAL FUND 01 BY THE SAME AMOUNT FOR PAYMENT OF LEGAL FEES RELATED TO CERTAIN RETIREMENT MATTERS, 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 1989-90 and in the Budget of the City Manager, there shall also be increased appropriations in the General Fund 01, Non-Departmental Account No 90-55-00 in the amount of $50,000, thereby decreasing the unreserved, undesignated fund balance by the same amount for payment of legal fees related to certain retirement matters. 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 or 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 10363 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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 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 LEGALITY ------------------------------------ City Attorney Date ~ ~~gJ~D Adopted 1 ~Qd Effective ~i~1~ ~ I~ :.~ 4 ~l TRANSPORTATION PU6LI0 INORKMI~~ N~TLR A DATE REFERENCE NUMBER SUBJECT RCTE(dTIGN GF GUT;IDE LEGAL PAGE 1 MINI37R0.T~ut~ y 6-19-90 G-8681 COUPdSEL ON VARIOUS RETIREMENT MATTERS ,of`_ RECOMMENDATION: It is recommended that the City Council: 1. Retain Gary B. Lawson and the law firm of Godwin, Carlton & Maxwell, pursuant to Section 3, Chapter VI of the City Charter, as outside counsel to consult with the City Council concerning proposed changes in contributions to the City Employees Retirement Fund and benefits paid by the Fund and to represent the City in any litigation concerning these matters, 2. Adopt the attached resolution fixing in advance, as far as practical, the compensation to be paid Mr. Lawson and the firm for their services, ,n an amount not to exceed $50,000, and 3. Adopt the attached supplemental appropriations ordinance increas,ng appropriation by $50,000 in the General Fund O1 - Non-Departmental Account No. 90-55-00, Consultant Fees, and decreasing the General Fund unreserved, undesignated fund balance by the same amount. DISCUSSION: The City Council has been given periodic updates concerning the status of issues regarding possible changes in contributions to the City Employees Retirement Fund and benefits paid by the Fund. It is the opinion of the City Attorney that because this matter involves a conflict in legal positions between the City Council and the Board of Trustees of the c,ty Employees Retirement Fund, that outside legal counsel should be employed to advise the City Council and to represent the City in any litigation concerning these matters. Mr. Gary B. Lawson is well recognized for his knowledge and experience in the field of employee benefits law. He and his firm have agreed to consult with the City Council and to represent the City in this matter. Mr. Lawson's hourly rate is $180. FINANCING: Upon approval of the recommendation, suff,cient funds will be available ,n the General Fund 01, Account Number 90-55-00, Consultant Fees. This expenditure will be made from Index Code 328005. Following this appropriation, the general fund unreserved, undesignated fund balance will be $26,268,921. WA.i Attachments APPR®WED RY CITY_ COUI~CiL SUBMITTED FOR IHt CITY MANAGER'S David Ivory 6116 ~~N DISPOSITION BY COUNCIL. gppROVED ypROO,~E~~S~D BY OFFICE BY ~ ORIGINATING C OTHER (DESCRIBE) ///] DEPARTMENT HEAD Wade Adkins 7623 .J.. ~ '7 ECRETARY FOR ADDITIONAL INFORMATION AdO 7623 Adki ' ted Urdi,~auce >iroe ~"'~~ -----"'' CONTACT Wade ns T~r~ G~~~ 9~ ~~ - 6 V ~ ~~ ~(~' a~ Fart ~o~,