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HomeMy WebLinkAboutOrdinance 8510r •- _ _ - ~- ORDINANCE NO. ~.<> / AN ORDINANCE' APPROPRIATING THE ADDITIONAL SUM OF $10,000, FROM THE WATER AND SEWER FUND UNAPPROPRIATED RETAINED EARNINGS TO ACCOUNT NO. 60-90-10, FOR PAYMENT OF CONSULTANT FEES FOR EXTENSIVE REVIEW OF PAST VdATER STUDIES OF THE CIT Y AND THE TARRANT COUNTY WATER DIS- TRICT AND FOR EXTENSIVE PREPARATION FOR THE HEARING ON THE ARLINGTON RATE CASE; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the City Council appropriated the sum of $25,000.00, as a maximum fee for the services to be rendered by FINCAP, Inc.; and WHEREAS, because of the unanticipated review of past water studies and other preparation regarding the Arlington Rate Case hearingl the fee to FINCAP, Inc. was therafter raised by the sum of $10,000.00; and WHEREAS, additional consulting time occasioned by the unan- ticipated complexity of such litigation requires the expenditure of an additional $10,000.00 over and above that previously authorized; NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH, TEXAS: SECTION 1. That there is hereby appropriated from the Water and Sewer Fund Unappropriated Retained Earnings to Account No. 60-90-10, the additional sum of $10,000.00 for the purpose of paying addi- tional consultant fees to FINCAP, Inc. to review past water studies of the City and Tarrant County Water District and for extensive preparation for the hearing on the Arlington Rate Case. SECTION 2. Should any portion, section or part of a section of this Ordinance be declared invalid, inoperative, or void for any rea- son by a court of competent jurisdiction, such decision, opinion or judgment shall in no way impair the remaining portions, sec- tions or parts of sections of this Ordinance, which said remain- ing provisions shall be and remain in full force and effect. ~ w v t l,r, ~ .. r .!- qyr `} SECTION 3. 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: • l/V City Attorney ADOPTED: EFFECTIVE: -2- ~Er~'~F"~_;'°~ _ fit o Fort ~®rth, ~'exas `.~~`..,~ y f PITY MANAGER:11 ~q~6UNfiINB.~ .1D~11a ®~° aid ~®at~~a~ ~®~D~~?1"t~~~~~®~ TRAygppRY,~TICN~PUBLIC WCRKS•~ - VaATFN f I~~~~AT~0N•.4 REFERENCE SUBJECT Additional Appropriation for PAGE _..NUMBER Rate Consultants in Arlington 1/19/82 ~*C-6110 Water Rate Case 1of 1 "- Qn ~un e _30,_ _1981 .(M&C G-5032) , the City Gouneil authorized the hiring of FTNCAP, _ ~Inc,r,~.a-rate-consultant to testify in the City of Arlington Water Rate Case before _ T,...the-~T-exams~.~3at-fir Commise.i>oi~ and appropriated $25, 000 from Water and Sewer --Un~app~op~iated Retained Earnings to pay for such consultant fees. On November 3, - -1-98~ZM&C_G-5..41), the City Council authorized an additional $10,000 and set ma~cmum_f-ee-a-~ $35,OOOo -As-a-~esu7=t -;of the extensive rev~.ew of past water studies of the City and the _ ~'Tarra`rit-Count~,Water Control and Improvement District Noe 1 and the extensive `~ wo'rk-_required--a.n the proposed settlement, it is nece~~ary to raise the maximum _. f_ee rb-y-$30,-OOfl~ to $~5, 000. -R-acommendations _ ~:t._•is- r~eeomme-rrded that the City Council 1. ~u~horiz the City?Mamager to execute an amendment to the contract with FINCAP `~~Inc, o,,~~t, ~a.ACrease the maximum fee from $35,000 to $45,000, and ..~2 ~-Ord°opt the ~tached supplemental appropriation ordinance appropriating $10, 000 from~,~nd Sewer Fund Unappropriated Retained Earning to Account No. x.90-LQ -..,~,-_ WRH:plg Attachment APPROVED 8Y CITY COUNCIL ` JRN 19 1982 .~ ~~~ SUBMITTED FOR TMt CITY MANAGER'S ' -°-" DISPOSITION BY COUNCIL'°"f 0~ ~Oxt W0; ~ ~~+~+ ' eP~C.~~SED BY OFFICE BY: ^ APPROVED ~ ORIGINATING ^~~I~t B) ~~ ®~ ~ n~ S DEPARTMENT HEAD 4/lVVii 66 iV v ~ : ~e ~. Robinson CITY S E CRETARY FOR ADDITIONAL INFO RMATION T CONTACT .1 0 ~. Robinson, Ext a 8220 DATE J