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HomeMy WebLinkAboutOrdinance 9859 ~' J-- ORDINANCE N0. ~i~ ---~~ AN ORDINANCE DECREASING THE UNDESIGNATED FUND BALANCE OF THE GENERAL FUND OF THE CITY OF FORT WORTH FOR FISCAL YEA[1 1986-1987 BY $2,000,000 AND APPROPRIATING THAT AMOUNT TO GENERALL FUND ACCOUNT N0. 90-87-00, STREET MAINTENANCE TRANSFER, FOR THE PURPOSE OF PROVIDING FUNDS FOR STREET MAINTENANCE; PROVIDING FOR A SEVERABILITY CLAUSE; MAKING THIS ORDINANCE CUMU]:.ATIVE OF PRIOR ORDINANCES IN CONFLICT HEREWITH; PROVIDING FOR ENGROSSMENT AND ENROLLMENT; AND PROVIDING AN EFFECTIVE DATE BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH, TEXAS; SECTION 1 That the undesignated General Fund balance of the general fund of the City of Fort Worth for fiscal year 1986-87 is hereby decreased by appropriating $2,000,000 from said fund balance to general fund account number 90-87-00, Street Maintenance Transfer, to provide funds for street maintenance projects. 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 judgment 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 9690, and all other ordinances an 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with such other ordinances and appropriations, in which instances said conflicting provisions are hereby expressly repealed. ~0 -= 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 of this ordinance in the minutes of the City Council and by filing the ordinance in the ordinance records of the City. SECTION 5. That 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: ~J City Attor`r Date : ~~/ EFFECTIVE:j ~// `~~ nnaeYEr~FSL~±~ •. cC2~a ®' .~'®~°~ '~®~°~Ila ~C~~.~~~ .~ .~ accourlT:riu•~ '~ /f ~° (,'(~ ~ // (//~// (,~/'D ~'~j'~']~~j ~ // ~j'~ ~) /f~/~ ~) TRANSPOF?7RT34:''.~L~llE3LlL:)as'rJ:m:~ lLJ/ ® U ~~~ ~./® LLiIV~~~IV ~/®0 U lV0 !1 lV LL/W!/ IV ltiLL/~L.W~~®0 (L H s'"Ek AiJn11N.ATC~TitS[d ~l FIN.4IQCC:° `~' DATE REFERENCE NUMBER SUBJECT PAGE 4/14/87, " STREET MAINTENANCE FUNDING ) or ], ~ C-10226 __ - RECOMMENDA'~ION It is recommended that the City Council: 1 Adopt -the attached supplemental appropriation ordinance appropriating $2,000,000 from the Undesignated Fund Balance of the General Fund to General Fund Account N0. 90•-87-00, Street Maintenance Transfer 2 Authorize the transfer of $2,000,000 from General Fund Account No. 90-87-00, Street Maintenance Transfer, to Contract Street Maintenance Fund No 93. 3 Authorize the transfer of $1,000,000 from Capital Projects Reserve Fund No 10 to Contract Street Maintenance Fund No. 93 BACKGROUND On February 24, 1987, Councilmen Bagsby, Lancaster, Williams, Gilley, Murrin and Zapata submitted Policy Proposal C P 127 recommending additional funding for street maintenance This C.P, was continued for one week and on March 3, 1987, the Council adopted a policy to provide an additional $3,000,000 for street maintenance with the source of the funding to be proposed by staff. The Department of Transportation and Public Works' staff has now developed the expanded 1987 street maintenance program as proposed by Council to the stage where action on funding is required so that contracts to accomplish this program may be submitted to Council for approval FINANCING Sufficient funds are available in both the Undesignated Fund Balance of the General Fund and the Capital Projects Reserve Fund to provide the recommended funding for the expended 1987 street maintenance program. If the $2,000,000 is appropriated from the Undesignated Furtd Balance of the General Fund, the fund balance will be $23,596,605 after- the appropriation is recorded If the additional $1,000,000 is transferred from the Capital Projects Reserve Fund, the remaining balance available for appropriation in that fund will be $3,272,261 APPROVED BY, CITY CCU~CIL Adopted QrdFnance No..l SUBMITTED FOR II•~t CITY MANAGER'S ~y DiSPOS1T10N BY COUNCIL. ~~11 gg gg,, `PRbCESS`~ BY OFFICE BY ^ APPROVED ORIGINATING C OTHER (DESCRIBE) DEPARTMENT HEAD• A J Bai 1 i ff ETARY FOR ADDITIONAL INFORMATION CONTACT A Bai 1 i ff 8186 C`S.t $@Q2 ~ t ~~~ 3t ti1Q r~