HomeMy WebLinkAboutOrdinance 10675~F ., ..
ORDINANCE N0. ,~~~
AN ORDINANCE APPROPRIATING $350,000.00 IN GENERAL FUND
GGO1, NON-DEPARTMENTAL-SPECIAL TRANSFERS CENTER NO
0909102 AND DECREASING THE UNRESERVED, UNDESIGNATED FUND
BALANCE OF THE GENERAL FUND BY THE SAME AMOUNT FOR THE
PURPOSE OF PROVIDING FUNDS TO RECORD CITY'S COMMITMENT TO
WAIVE CERTAIN FEES FROM AMERICAN AIRLINES; PROVIDING FOR A
SEVERABILITY CLAUSE; MAKING THIS ORDINANCE CUMULATIVE OF
PRIOR ORDINANCES AND REPEALING ALL PRIOR ORDINANCES IN
CONFLICT HEREWITH; PROVIDING FOR ENGROSSMENT; 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 GGO1,
Non-Departmental-Special Transfers Center No. 0909102, in the amount of
$350,000.00, thereby decreasing the unreserved, undesignated fund balance of
the General Fund by the same amount, for the purpose of providing funds to
record City's commitment to waive certain fees from American Airlines
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of said prior ordinances and appropriations are hereby expressly repealed.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
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SECTION 5.
This ordinance shall take effect and be in full force and effect from and
after the date of this passage, and it is so ordained.
APPROVED AS TO FORM AND LEGALITY:
~p~.rc f ty Attorney
Date: _ ~' -oZ0 ~G1(~
Adopted• ~ ~ ~ ~ ~~
Effective: ~ ~t~ ~ °' ~~
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DATE REFERENCE
NUMBER suB~EC~:UPPLEMENTAL APPROPRIATION FOR PAGE
9-25-90 **G-8815 AMERICAN AIRLINES DEVELOPER'S FEES tor_L__
RECOMMENDATION:
It is recommended that the City Council:
1. Adopt the attached supplemental appropriations ordinance increasing
appropriations by $350,000 in General Fund GGO1, Non-Depart-
mental-Special Transfers Center No. 0909102 and decreasing the
----.~U r served, Undesignated fund balance of the General Fund by the same
mount; and
2. Approve the transfer of $350,000 from General Fund GGO1, Non-Depart-
mental-Special Transfers Center No. 0909102 to the General Fund GGO1,
Credit Account No. 203007, American Airlines Drawing Account.
DISCUSSION:
During negotiations with American Airlines regarding its decision to locate
its maintenance base at Alliance Airport, City officials represented to
American that all landing fees, access fees, or other fees for use of
the airport would be waived. A subsequent F.A.A. ruling precluded the
waiver of airport related fees. As an alternative, the City agreed to grant
American an equal amount of building permit fees, construction or fire
inspection fees or similar fees. In M&C G-8194 dated August 29, 1989, the
City sought to establish a "special credit account" in the amount of
$2,000,000 on the City's books for the use and benefit of American.
Accordingly, during the ensuing period from August 1989 until September
1990, $338,644.94 has accumulated for construction fees with the City's
Development Department.
No provision was established in the referenced M&C for the source of the
funds for the special account. The purpose of this M&C is to correct that
oversight for the current fiscal year.
FINANCING:
Upon adoption of the attached supplemental appropriation ordinance and
Recommendation No. 2, sufficient funds will be available in General Fund
GGO1, Special Credit Account No. 203007, to pay the accumulated fees
connected with the construction of the American Airlines maintenance
facility. The General Fund Unreserved, Undesignated fund balance will be
$25,349,568 after this transfer. The dollar value of applicable fees will
be reflected in appropriate revenue accounts. When the revenue accounts are
"closed" at the end of the fiscal year, the effect will be to restore a like
amount to the General Fund Balance.
1jYROVEp gY
MG:w/6 C
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SUBMITTED FOR IHt
OFFI EABY GER'S Mike Groomer 6122
DISPOSITION BY COUNCIL.
~ APPROVED
PROCESSED BY
ORIGINATING 7
DEPARTMENT HEAD: Jud$on Bdl 1 ~ ff 8186 C OTHER (DESCRIBE) ~® ~~ 990
CITY SECRETARY
FOR ADDITIONAL INFQ(21 CT D`~ownsend 8352
CONTACT 1111 ~( Adopted OrdlnBn~e A
DATE
City Secretary of the
City .,s n_~ .__