HomeMy WebLinkAboutOrdinance 10090
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ORDINANCE N O ,~~~~
AN ORDINANCE IIVCREASING THE ESTIMATED RECEH'TS AND APPROPRIATIONS IN THE
SPECIAL TRUST FUND, FUND 72, PROJECT NO 504000-00, ADDIS LEVY TRUST, OF THE
~ CITY OF FORT WORTH FOR FISCAL YEAR 1988 BY $8,071.50 AND TRANSFERRING SAID
AMOUNT TO THE GENERAL FUND, FUND O1, LIBRARY DEPARTMENT, ACCOUNT NO
84-20-01, THEREBY INCREASING ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE
;~ GENERAL FUND, FUND O1, BY THE SAME AMOUNT FOR THE PURPOSE OF FUNDING THE
PURCHASE OF TECHNOLOGICAL, BUSINESS, AND SCIENTIFIC BOOKS AND PERIODICALS
FOR THE LIBRARY, PROVIDING FOR A SEVERABILTTY 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.
B E 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 1987-88 and in the Budget of the City Manager,
there shall also be increased estimated receipts and appropriations in the
Special Trust Fund, Fund 72, Project No 504000-00, Addie Levy Trust, of the City
of Fort Worth for Fiscal Year 1988 by $8,071.50 and transferring said amount to
the General Fund, Fund O1, Library Department, Account No 84-20-01, thereby
increasing estimated receipts and appropriations in the General Fund, Fund O1,
by the same amount for the purpose of funding the purchase of technological,
business, and scientific books and periodicals for the Library
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 9926 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repealed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 AND LEGALITY:
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ity Attor ey
Date - .3~ ~' 8F~ -- ----
Adopted ~/~~~~ -
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Effective _ __ ~~~~~_____
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DATE REFERENCE SUBJECT ADDIS LEVY TRUST - FORT PAGE
4 /5 /88 ~~ NUMBER WORTH PUBLIC L I BRARY 1 of 2
Recommendation
It is recommended that the City Council:
1) Accept $8,071.50 from the Addie Levy Trust and record ~t in the Special
Trust Fund 72, Project No. 504000-00, Addie Levy Trust, Index Code 088781,
and thereby increase estimated receipts by a like amount in the Special
Trust Fund 72, Project No. 504000-00;
2) Adopt the attached supplemental appropriation ordinance appropriating
$8,071.50 in
A) Special Trust Fund 72, Project No. 504000-00, Addie Levy Trust;
B) General Fund O1, Library Department, Account No. 84-20-01,
3 Transfer $8,071.50 from Special Trust Fund 72, Project No. 504000-00 to
General Fund O1, Library Department, thereby increasing General Fund O1
estimated receipts by $8,071.50; and
4) Approve the expenditure of $8,071.50 for the purchase of library materials
within the guidelines of the trust.
On June 15, 1956, the Fort Worth Public Library was named as one of six (6)
institutions entitled to receive either directly or in trust, one-sixth of
one-half of the net residuary of Mr. Levy's estate. The share was placed in
Trust with the MBank of Fort Worth. Each year interest earned from the Trust is
deposited. The provision of Mr. 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 1987, the amount
received was $8,071.50.
Financing
A supplemental appropriation ordinance in the amount of $8,071.50 will be
necessary as follows:
1) Increase appropriations in Special Trust Fund 72, Addie Levy, Project No.
504000-00.
2) Increase appropriations in General Fund O1, Library Department, Account No.
84-20-01.
DATE REFERENCE
NUMBER SUBJECT ADDIS LEVY TRUST -FORT PAGE
4/5/88 WORTH PUBLIC LIBRARY 2 2
**G-7522 -- `--
Concurrently, estimated receipts in Special Trust Fund O1, Addie Levy, Project
No. 504000-00, Index Code 088781 and in General Fund O1, Index Code 081810, will
be increased and $8,071.50 from Special Trust Fund 72, Project No. 504000-00
will be transferred to General Fund O1, Library Department 84-20-01.
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APPRtl'~EQ BY
CITY COU~C~C[L
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SUBMITTED FOR THE
CITY MANAGER'S
OFFICE BY R A McKinney
DISPOSITION BY COUNCIL:
^ APPROVED
PROCESSED BY
ORIGINATING ^ OTHER (DESCRIBE)
DEPARTMENT HEAD• L, Allmand CITY SECRETARY
FOR ADDITIONAL INFORMATION
CONTACT C
Duxi b 7735
Adopted Ordinance Na, / -
, DATE