HomeMy WebLinkAboutOrdinance 9209~--,, f;
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ORDINANCE NO. ~~~~
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AN ORDINANCE APPROPRIATING ADDITIONAL REVENUE OF THE CITY
OF FORT WORTH IN THE AMOUNT OF $50,000 FROM THE UNAPPRO-
PRIATED FUND BALANCE OF THE GENERAL FUND TO THE REAL
PROPERTY MANAGEMENT DIVISION FUND, ACCOUNT NO. 86-10-00;
PROVIDING FOR A SEVERABILITY CLAUSE; MAKING THIS ORDINANCE
CUMULATIVE OF PRIOR ORDINANCES AND REPEALING ALL PRIOR
ORDINANCES IN CONFLICT HEREWITH; AND PROVIDING AN EFFEC-
TIVE DATE.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH,
TEXAS:
SECTION 1.
That the City Manager of the City of Fort Worth is hereby
authorized to appropriate Fifty Thousand Dollars ($50,000.00) from
the Unappropriated Fund Balance of the General Fund and transfer it
to the Real Property Management Division Fund, Account No. 86-10-00.
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 judg-
ment 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. 8886,
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 instances said conflicting provisions are hereby expressly re-
pealed.
SECTION 4.
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 or-
dained.
APPROVED AS TO FORM AND LEGALITY:
ity A/t~torney
Date: '7
ADOPTED:
EFFECTIVE:
J MASTER FILE 1
CITY MAM~.+GER 1 ~2t~ of IF'~r~ . ~~orth, ~~i~~t.(~J •4 n ,
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REAL PRC
DATE REFERENCE suB~ECr SUPPLEMENTAL APPROPRIATION - PAGE
'FINANCE. NUMBER REAL PROPERTY MANAGEMENT
9/11/84 **L-8165 '°' 1
DIVISION - 19fi~/fi4
Background
Revenue from the sale of surplus real estate this year has exceeded the esti-
mated expenses budgeted by over 400 per cent. Expenses for the activity were
budgeted at the lower level based on the previous budget year expenditures.
It is necessary at this time to appropriate additional funds to cover increased
costs associated with the increased sales. There will be a net gain to the
City of approximately $224,262 for the sale of surplus property after this
additional appropriation is approved.
Real Property Management Division has also had unanticipated expenditures
resulting from the death of a long-time employee
Financing
Due to the above added costs, it is necessary that a Supplemental Appropriation
be made from the General Fund, Fund Balance to cover expenses through the end
of Budget Year 1983-84 for Real Property Management Division.
Recommendation
It is recommended that the City Council adopt the attached Supplemental Appro-
priation Ordinance appropriating $50,000 from the Unappropriated Fund Balance
of the General Fund to the Real Property Management Division Fund, Account No
86-10-00.
The Unappropriated Fund Balance after this appropriation will be $7,240,000
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APPROV~Q ~~
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ScN ~l i984
c,ty s~~>•e.cnry of ~e _____
SUBMITTED FOR THE ~(~ ~ ~ ~ ~ ////_~ /~~j~~_~_ / DISPOSITION BYBY C~OUNCfLi~~. .' PROCES5E0 SY
CITY MANAGER'S ~-~~f`/Kib(/ /-._.y~`~~O'~-~'ir4.I~/
OFFICE 8Y ' :~ APPROVED
ORIGINATING AdoptedO~lrF~~~F~~'RIE1E~•
DEPARTMENT HEAD Mi rhagl,.~.~~~~ PG U ~J~ G 1~ CITY SECRE7ARti
FOR AOOIfIONAL INFORMATION '~
CONTACT Michael E Pyles , eXt 8362 DATE