HomeMy WebLinkAboutOrdinance 89045 n i ~ w
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ORDINANCE NO ~ 9D
AN ORDINANCE APPROPRIATING THE SUM OF $30,410,000 FROM
THE FUND BALANCE FOR THE FISCAL YEAR 1982-1983, TO FUND
76-PROJECT 224678, ACQUISITION OF THE ROCK ISLAND RIGHT-
OF-WAY, AND APPROPRIATING THE SUM OF $190,000 FROM THE
CAPITAL PROJECTS RESERVE FUND TO FUND 76-224678, ACQUISI-
TION OF THE ROCK ISLAND RIGHT-OF-WAY, PROVIDING FOR A
SEVERABILITY CLAUSE, MAKING TfiIS ORDINANCE CUMULATIVE
OF PRIOR ORDINANCES AND REPEALING ALL PRIOR ORDINANCES
IN CONFLICT HERE~r1ITH, AND PROVIDING AN EFFECTIVE DATE
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BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH,
TEXAS
SECTION 1
That there is hereby appropriated from the fund balance for
the Fiscal Year 1982-1983, included in Ordinance No 8615, the sum
of $30,410,000 to Fund 76-Project 224678, acquisition of the Rock
Island Right-of-way, and that there is also appropriated the sum
of $190,000 from the Capital Projects Reserve Fund to Fund 76-Project
224678, acquisition of the Rock Island Right-of-way
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 8615
and all other ordinances and appropriations amending the same, ex-
cept 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
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SECTION 4
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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
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ADOPTED ~ - ~ J'~
EFFECTIVE
A ER FILE 1 i «
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CITY MANAGER ]
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DATE REFERENCE SUBJECT Ratification Of ApprOpYlatlOI]S - PAGE
NUMBER Purchase of Rock Island Railroad 1
8/30/83 G- 5739
Property ' °f---~-
The fiscal year for the State Department of Highways and Public Transportation
ends August 31 In order to insure the proper processing of Minute Order No.
80652, which authorizes the State to pay 13% of the purchase price for the
Rock Island Railroad right-of-way between the Cities of Fort Worth and
Dallas, certain actions on the part of the City of Fort Worth need to be
taken.
Recommendation
It is recommended. that the attached ordinance be adopted ratifying the appro-
priation of $30,600,000, representing the $27,200,000 funding from UMTA, the
State Department of Highways and Public Transportation grant to Fort Worth
of $2,210,000, the $1,000,000 proceeds for the sale of the City of Fort Worth
Certificates of Obligation, and the $190,000 from Capital Projects Reserve
Account No. 10-010023-00, to the Fund 76 Project Account No 224678, Purchase
of Rock Island Railroad
Rote: The UMTA grant of $27,200,000 will be initially distributed in total to
the City of Fort Worth, and one-half will immediately be distributed to Dallas
The other amounts represent Fort Worth's one-half of each source of funds
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Attachment
APPROVED BY
CITY COUNCIL
AUG ~'a' 1983
City Secretary of the
Cie of ~oz< ~~~ Texas
SUBMITTED FOR THE ~"
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CITY MANAGER'S ~ ~~ ~ /~ /
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~ DISPOSITION BY COUNCIL: PROCESSED BY
ftFFICE BY ~~.,{;/~
G'u
t,~, J APPROVED
ORIGINATING Gar Santerre
y ^' OTHER (DESCRIBE)
DEPARTMENT HEAD• CITY SECRETARY
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FOR ADDITIONAL INFORMATION D DATE
colvrncr Morris C. Matson Ext. 6143