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HomeMy WebLinkAboutOrdinance 10421} P ~ ;t ~;a_$ ~''' r °~ ,, ORDINANCE NO ©'To AN ORDINANCE INCREASING THE ESTIMATED RECEIPTS IN THE SPECIAL ASSESSMENTS FUND 87, PROJECT NO 100090-00, FORT WORTH IMPROVEMENT DISTRICT NO 1, BY $753,176 AND APPROPRIATING SAID AMOUNT TO SAID PROJECT FOR THE PURPOSE OF PROVIDING CONTINUED SERVICE TO THE IMPROVEMENT DISTRICT, 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 EFFECTNE 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 and in the Budget of the City Manager, there shall also be increased estimated receipts in the Special Assessments Fund 87, Project No 100090-00, Fort Worth Improvement District No 1, in the amount of $753,176, and appropriating said amount to the Special Assessments Fund 87, Project No 100090-00, Fort Worth Improvement District No 1, for the purpose of providing continued service to the improvement district. 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed SECTION 4 The City Secretary of the City of Fort Worth is hereby directed to engross and enroll this ordinance by copying the caption and effective date into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. A PROVED AS TO FORM D LEGALITY 1~.~./ City Attorney Date [° "ZC~g~ --- - ~ Adopted ~ ; ' Effective ,~ T ~~^ ~ _ w1A9~fR'FFIE 1 c~~ty ®f ' 1F®~t ~®~°th, ~C~~~~ ACC0UNTIN0•2 ]~ SRA'N~PORTATION+PUBIIC Y K~1~®rno ~j ~j ,f'// ~~rn n I~y~j ,~1/n /J ~®~~rn // ~~j ~~/ ~~®~ Yj11TER ADMINISTRATION t /I~ O l~ REFERENCE SUBJECT FY 1989-90 FORT WORTH PAGE NUMBER IMPROVEMENT DISTRICT FUNDING 2 101 4/89 C-11955 AND CONTRACT '°f RECOPIMENDATION. It is_recommended that the City Council authorize the City Planager to• 1) Adopt the attached appropriations ordinance increasing estimated receipts and appropriations by $753,176 in Special Assessment Fund 87, _ Project No. 100090, Fort Worth Improvement District No. 1 ($610,176 from private assessments, $36,675 from City property assessments, $10,000 from interest earnings and $96,325 in city of Fort Worth contractual payments), and 2) Authorize the City Manager to pay the City's assessment of $36,675 and the City's contractual payments of $96,325 by transferring $133,000 from General Fund O1, Non-Departmental Account No. 90-58-00, to Fund 87, Project No. 100090-00, and 3) Authorize the City Manager to execute a contract with Downtown Fort Worth, Inc. to provide improvements and/or services in Fort blorth Improvement District No. 1 for FY 1989-90. DISCUS.SION.l- The Five Year Plan of Services for fiscal years 1989-90 through 1993-94 of the Fort Worth Improvement District No. 1 ("District") was approved by the City Council on September 5, 1989 (P1&C C-11854), with adoption of the City's Budget occurring on September 19, 1989. This represents a continuation of the services and improvements provided during the first three years of the District. State Statute requ~res;Fci ti es which have improvement di stri cts to pay thei r share of assessments;f,.:or`city-owned land in the district. ¢ a The District is being provided funds in lieu of services previously provided by the City, $38,OOO~for planter box maintenance, and $22,000 for sidewalk cleanin and arba~"e' i•ck-u alon Plain Street to be rovided b Downtown 9 9 9~ P' P 9 P Y Fort Worth, Inc. y !. 1' s' ' a d Additional fund_s,_a•re'~provi"ded in the amount of $36,325 for contractual maintenance of plant~er`6:o~.xes and sidewalk cleaning along Houston and Throckmorton Stre,ets.as"wel'l` as the plant containers at 10th and Throckmorton adjacent to the Municipal Complex. FINANCING The budget for the Special Fund No. 87, Fort Worth Improvement District No. 1 (F.W.I.D.#1), for fiscal year 1989-90, must be adopted by ordinance. The City's expenditures as approved in the Adopted Budget needs to be transferred to the Fund 87. +~~ ~ ` ~. DATE REFERENCE SUBJECT FY 1989-90 FORT WORTH PAGE NUMBER IMPROVEMENT DISTRICT FUNDING ~ 2' or 2 10-24-89 C-11955 NT T Sufficient funds are available in General Fund O1, Non-Departmental Account No. 90-58-00 as indicated below for transfer to Special Assessment District Fund 87, Project 100090-00. TRANSFER TRANSFER OUT TRANSFER IN APIOUNT INDEX CODE TITLE INDEX CODE INDEX CODE $36,675 City's Property Assessment 902056 011077 $38,000 Park & Recreation Services 902072 071035 $22,000 City Services (Sidewalks) 902106 071027 $36,325 Contract Above Assessments 902122 087916 Upon completion of Recommendations 1 through 3, sufficient funds will be available in the Special Assessment Di strict Fund 87, Project No. 100090-00, Fort Worth Improvement District No. 1, in the amount of $753,176 to finance the 1989-90 fiscal year expenditures. The expenditures for the contract with Downtown Fort Worth, Inc. will be made from Index Code 687178. Attachment DAI.b/6 APPROVED BY CITY COUNCIL OCT 24 1989 9~fn~ CitT.Sectptc>gt ~ ~k~ ' i~xs* City of ~dtt Work. SUBMITTED FOR THE CITY MANAGER'S OFFICE BY Bob Terrell DISPOSITION BY COUNCIL. ~ APPROVED PROCESSED BY ORIGINATING ~ OTHER (DESCRIBE) DEPARTMENT HEAD David IVOry CITY SECRETARY QQQ FOR ADDITIONAL INFORMATION CONTACT W Lister 6094 Ad ~~ ted Ordinance Na• DATE