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HomeMy WebLinkAboutOrdinance 10457z • rr - +J' Y °. ©1~/ ORDINANCE N O AN ORDINANCE INCREASING THE ESTIMATED RECEIPTS {N THE GENERAL FUND Oi, OF THE CITY OF FORT WORTH FOR THE FISCAL YEAR 1989-90 BY TRANSFERRING THE SUM OF $12,000 FROM THE SPECIAL TRUST FUND 72, PROJECT NO 504000-00, ADDIE LEVY TRUST, AND APPROPRIATING SAID $12,000 TO THE GENERAL FUND 01, LIBRARY DEPARTMENT,SUPPORT SERVICES ACCOUNT NO 84-20-01, FOR THE PURPOSE OF PURCHASING LIBRARY MATERIALS UNDER THE GUIDELINES OF THE TRUST, 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 1989-90 and in the Budget of the City Manager, there shall also be increased estimated receipts in the General Fund 01, by transferring the sum of $12,000 from the Special Trust Fund 72, Project No 504000-00, Addie Levy Trust, and appropriating said $12,000 to the General Fund 01, Library Department, Support Services Account No 84-20-01 for the purpose of purchasing library materials under the guidelines of the trust. 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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 'fhe 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. APPR ED AS TO FORM AND LEGALITY ,i 1 ~+~~I~-ter col .L~ li;i&jr attorney ~t' c, Date ___~U "~/ Adopted Effective ~~ ~~ NAS~ER i14E•S ACCOUNTIMG•2 ~~ ®~ 'l.W~~ ~®(Li1V U (li(l/~~ ~®~!l !1 l!i (L~/~ (LI~~I.W~ (L® U lL JIdANSFORTATION~PUBLIC WORKS•® MATER AONINI LIBRARY 1 MANAGEMENT ~LAn~~ • 1 ~ `~ Y~9A~t ~ REFERENCE SuB~ECT SUPPLEMENTAL APPROPRIATION PAGE NUMBER OF FUNDS FROM ADDIE LEVY TRUST 1 12-12-89 **G-8347 ACCOUNT TO LIBRARY GENERAL 1 of ~__ FUND :R~'ICLS• 1 RECOP1MENDATION It is recommended that the City Council 1. Adopt the attached supplemental appropriations ordinance increasing estimated receipts by $12,000 in the General Fund O1 and appropriations by a like amount in the General Fund O1, Library Department Support Services Account No. 84-20-01 from increased revenues, 2. Transfer $12,000 from Special Trust Fund 72, Project No. 504000-00, Addie Levy Trust, to the General Fund O1, and 3. Approve the expenditure of $12,000 for the purchase of library materials under the guidelines of the trust. DISCUSSION On 15 June 1956, Fort Worth Public Library was named as one of 6 institutions entitled to receive either directly or in trust, one-sixth of one-half of the net residuary of P1r. Levy's estate. The share was placed in Trust with the P1Bank of Fort Worth. Each year interest earned from the Trust is deposited in a special trust fund with the City. The provision of P1r. Levy's will requires interest earned from the Trust be used for the purchase of technological, business and scientific books and periodicals in memory of his mother, Addie Levy. In 1989, the amount received was $12,003.72. FINANCING Upon adoption of the supplemental appropriations ordinance, sufficient funds will be available in the General Fund O1, Library Department Support Services Account No. 84-20-01 for purchase of the books per the terms of the trust. Expenditures will be made from Index Code 321034. RAM b/6 APPROVED BY CITY COUNCIL DEC 12 1989 ~~ SUBMITTED FOR Iltt CITY MANAGER'S DISPOSITION BY COUNCIIC:ity of Foci Wot' , TR~~~ESSED BY OFFICE BY Sob Terrel 1 ^ APPROVED ORIGINATING [, OTHER (DE5CRIBE) DEPARTMENT HEAD• Linda Allmdnd CITY SECRETARY FOR ADDITIONAL INFORMATION O qdo CONTACT C, Dixon 7700 P ed Ordinance No. DATE