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ORDINANCE NO . ~~j~
AN ORDINANCE TRANSFERRING $17,576 FROM THE RESTRICTED CASH
RESERVE ACCOUNT OF THE GOLF FUND TO THE ESTIMATED REVENUES
ACCRUING TO THE GENERAL FUND OF THE CITY OF FORT WORTH FOR
THE FISCAL YEAR 1983-1984, AND APPROPRIATING FROM THE IN-
CREASED ESTIMATED REVENUES OF THE GENERAL FUND THE SUM OF
$17, 576 TO THE PARK AND RECREATION DEPARTMENT BUDGET, FOR
THE PURPOSE OF FUNDING THE PURCHASE OF ADDITIONAL EQUIP-
MENT FOR THE GOLF DIVISION; PROVIDING FOR A SEVERABILITY
CLAUSE; MAKING THIS ORDINANCE CUMULATIVE OF PRIOR ORDI-
NANCES AND REPEALING ALL PRIOR ORDINANCES IN CONFLICT
HEREWITH; AND PROVIDING AN EFFECTIVE DATE.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH,
TEXAS:
SECTION 1.
That the estimated revenues accruing to the General Fund of the
City of Fort Worth for the Fiscal Year 1983-1984 are hereby in-
creased by $17,576; and that in addition to providing the City
Manager with such other revenue as may be secured from various
sources included in Ordinance No. 8886 and in the Budget of the City
Manager, there shall also be appropriated from the increased reve-
nues of the General Fund the sum of $17,576 to the Park and
Recreation Department Budget, to fund the purchase of additional
equipment for the Golf Division.
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.
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instances said conflicting provisions are hereby expressly repealed.
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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:
~~ty Attorney
Date : ~//~ ~_
ADOPTED:
EFFECTIVE:
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EQUIPMENT
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DATE REFERENCE SUBJECT Fund Transfer for Golf ~ PAGE
ECREATION.1 NUMBER Equipment Purchase 2
5/1/84 **G-5981 for
E VICES-
Background
On August 16, 1983 (M&C G-5713) , City Cc:~uncil approved the transfer of all
assets from the Equipment Services Fund to the Golf Fund. A total of $170,163
was transferred into a golf equipment reserve account to be used to replace
golf equipment formerly accounted for in the Equipment Services Fund.
In order to prepare for the coming maintenance season, the Golf Division
needs to replace several pieces of equipment which have a history of excessive
downtime and are not cost beneficial to .repair. The estimated cost of
replacement of these pieces of equipment, less the salvage value to be realized
from their sale, is $34,300. Funds currently available in the Golf Budget
total $16,724. In order to finance the remaining balance, the Golf Division
requests a supplemental appropriation of $17,576. Listed below is the
equipment to be replaced.
Index Code
Equip.No. Description to Credit
603-0024 Toro Outfront 72 314625
834-0014 Toro Outfront 72 314625
214-0001 Compact pick-up 312355
834-0010 Toro Outfront 72 312322
833-0001 Toro Triplex 312322
211-0046 Compact pick-up 313916
*serviceable, used vehicle will be purchased from Equipment Services.
Financing
When the golf equipment was transferred from the Equipment Services Fund to the
Golf Fund, the funded depreciation (cash reserves) was recorded in a restricted
cash account. Cash from this account can only be used for replacement of
equipment transferred from Equipment Services. The Golf Fund has sufficient
cash in the restricted cash account to purchase the requested equipment, Fund
39, Account 80-40-05. Unrestricted fund balance as of 9/30/83 (audited) is
$51,951.
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DATE REFERENCE SUBJECT Fund Transfer for Golf PAGE
NUMBER Equipment Purchase 2
2
5/1/84 **G-5981 at
Recommendation
It is recommended that the City Council adopt the attached Supplemental
Appropriation Ordinance, increasing Golf Fund appropriations by $17,576 and
decreasing the unrestricted balance by $17,576•
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APPROVED BY '
CeTY COUNCIL,
MAY Y 1984
A' /
City Secretary ox the _-..~
Citg of ~ ~ y~-~~ s~
SUBMITTED FOR THE DISPOSITION BY COUNCIL. PROCESSED BY
CITY MANAGER'S
OFFICE BY ["~ APPROVED
I..I OTHER (DESCRIBE)
ORIGINATING
DEPARTMENT HEAD: Charles Campbell, .Jra
CITY SECRETARY
FOR ADDITIONAL INFORMATION AaO ('~
tea dCaII18T1Ce NO.
DATE ~I
CONTACT David NiVens EX 7 2.3