HomeMy WebLinkAboutOrdinance 10106~-,
ORDINANCE NO. 1/~C~~
AN ORDINANCE AUTHORIZING AN AMENDMENT TO THE CONTRACT AND
AGREEMENT BETWEEN THE CITIES OF DALLAS AND FORT WORTH TO
EXTEND THE TERM OF OFFICE OF THE TREASURER OF DALLAS-FORT
WORTH INTERNATIONAL AIRPORT TO A MAXIMUM OF FIVE YEARS, AT
THE DISCRETION OF THE AIRPORT BOARD; AND PROVIDING AN
EFFECTIVE DATE.
WHEREAS., THE Cities of Dallas and Fort Worth, by that Contract
and Agreement dated April 15, 1968, provided for the construction
and operation of Dallas-Fort Worth International Airport; and
WHEREAS, such Contract and Agreement presently limits the term
of office of the Treasurer of Dallas-Fort Worth International
Airport to two years; and
WHEREAS, it would be in the best interest of the Cities of
Dallas and Fort Worth and of the Dallas-Fort Worth International
Airport Board to extend the term of office of the Treasurer to a
maximum of five years, at the discretion of the Airport Board;
NOW THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY
OF FORT WORTH, TEXAS:
SECTION 1.
That the City Manager is hereby authorized to execute an amend-
ment to paragraph 10 of the Contract and Agreement between the
Cities of Dallas and Fort Worth, dated April 15, 1968, as amended,
authorizing the term of office of the Treasurer to be a maximum of
five years, at the discretion of the Airport Board, which amendment
shall change paragraph 10 to read as shown in Exhibit "A" which is
attached hereto and made a part hereof by reference.
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SECTION 2.
That this ordinance shall take effect and be in full force and
effect from and after its passage, and it is so ordained.
APPROVED AS TO FORM AND LEGALITY:
City Attorney
Date: ~ ~ ~ ~ g
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ADOPTED:
EFFECTIVE: ~ ~(~~ ~~~
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10.
TREASURER
In accordance with the procedures specified in this paragraph 10, the Board shall
select, appoint and contract with a person to be known as the Treasurer of the Dallas-
Fort Worth Regional Airport Board. Such Treasurer shall have the custody of all of the
moneys, funds, notes, bonds and other securities comprising a part of the Joint Airport
Fund and committed to the control and jurisdiction of the Board under this Agreement.
The contract with the Treasurer shall be let to the highest and best bidder in accordance
with detailed bidding procedures established by the Board in its discretion. The Board
shall, within ninety (90) days after the execution of this Agreement, ~;fi~ ~~~~~~#ZXl~
~~~ f ~~.~~~¢ advertise for bids for said contract, stating what said bids shall specify and
the detailed bidding procedures and the terms upon the basis of which such bids shall be
received. The Treasurer may serve for a term, not to exceed five years, as established
by the Board in its discretion. Said Treasurer shall give such bond and make such
security as the Board may require, conditioned for the faithful discharge of his duties.
The Treasurer shall receive and securely keep all monies committed to him hereunder
and make all disbursements from the same upon orders signed by such persons as may be
authorized by resolution of the Board; provided that no order shall be paid unless it shows
upon its face that the Board has ordered its issuance. He shall render to the Executive
Director and to the Board a full and correct statement of his receipts and payments on or
before the tenth (10th) day of each month and at such statements to be made in such
form as the Executive Director may prescribe. The Treasurer shall perform such other
acts and duties as the Board may prescribe.
mb708-88
E?~iIBIT "A"
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3RANSPORTATRCN~PUBLlC ,W Rt,' . ~.(L l(~/ ®~ ~(,l{i~~ ~j®~~(l.i IL~ ~~ll~ U U ll~~ IL~W~~(1/II..Ui~ (L®~
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d.A6V~, A:
DATE REFERENCE sue.tECT ORDINANCE AUTHORIZING A CONTRACT PAGE
NUMBER AMENDMENT RELATING TO THE TERM OF THE 1
4/19/88 G-10937 TREASURER OF DFW INTERNATIONAL AIRPORT '°f-____
RECOMMENDATION
It is recommended that the City Council adopt the attached ordinance autho-
rizing the City Manager to execute an amendment to the contract and agreement
between the Cities of Fort Worth and Dallas, dated April 15, 1968, to extend
the term of office of the Treasurer at DFW International Airport to a maximum
of five years, at the discretion of the Airport Board.
Rar.Kr,Rniwn•
The Finance/Audit Committee of the Dallas-Fort Worth International Airport
Board met in regular session on April 5, 1988, and at that time discussed the
advantages of extending the term of the Treasurer's office. The 1968 Contract
and Agreement between the Cities of Fort Worth and Dallas currently provides
that the Treasurer shall serve for two year terms. It was agreed during the
Committee meeting that the Board would request the Cities to extend the
authorized term from two years to five, at the discretion of the Board.
The recommended change in the term was based, in part, on the Board staff's
belief that the extension would provide for greater efficiency of operations
and permit more advantageous terms in the Treasurer's Agreement.
The Dallas City Council has already approved the proposed change in the
Treasurer's term.
WA 1 i i
APPROVED BY
CITY COUNCIL
APR 26 1888
city sew®tazy cf tie.
City of Font Wozth, TexaQ
SUBMITTED FOR Ihit
CITY MANAGER'S DISPOSITION BY COUNCIL. PROCESSED BY
OFFICE BY RaVid Ivory Q APPROVED
ORIGINATING [~ OTHER (DESCRIBE)
DEPARTMENT HEAD Wade Adkins ~j~/{~ CITY SECRETARY
FGR ADDITIONAL INFORMATION Adopted Ordinance No. L;~//
CONTACT Adkins 7606 DATE