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HomeMy WebLinkAboutOrdinance 22467-10-2016 ORDINANCE NO. 22467-10-2016 AN ORDINANCE INCREASING THE ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE ALLIANCE AIRPORT MAINTENANCE FUND, IN THE AMOUNT OF $400,000.00, FROM AVAILABLE FUNDS, FOR THE PURPOSE OF PROVIDING FOR MAINTENANCE OF THE ALLIANCE FORT WORTH MAINTENANCE FACILITY ADJACENT TO ALLIANCE AIRPORT, AS NEEDED; PROVIDING FOR A SEVERABILITY CLAUSE; MAKING THIS ORDINANCE CUMULATIVE OF PRIOR ORDINANCES; REPEALING ALL 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 in addition to those amounts allocated to the various City departments for Fiscal Year 2016-2017 in the Budget of the City Manager, there shall also be increased estimated receipts and appropriations in the Alliance Airport Maintenance Fund in the amount of$400,000.00, from available funds, for the purpose of providing for maintenance of the Alliance Fort Worth Maintenance Facility adjacent to Alliance Airport,as needed. SECTION 2. That 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. 22393-09-2016 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed. SECTION 4. This ordinance shall take effect upon adoption. APPROVED AS TO FORM AND LEGALITY: Peter Vaky, Deput ty Attorney 4ary J. Ka r, C' y Skietary ADOPTED AND EFFECTIVE: October 18, 2016 Ordinance No.22467-10-2016 Page 1 of 1 City of Fort Worth, Texas Mayor and Council Communication COUNCIL ACTION: Approved on 10/18/2016 - Ordinance No. 22467-10-2016 DATE: Tuesday, October 18, 2016 REFERENCE NO.: **G-18852 LOG NAME: 17AAADONATE2016 SUBJECT: Adopt Appropriation Ordinance and Authorize Transfer from AllianceAirport Authority, Inc., to the City of Fort Worth in the Amount of$400,000.00 to the Capital Maintenance Fund of the Alliance Fort Worth Facility Adjacent to Alliance Airport (COUNCIL DISTRICT 7) RECOMMENDATION: It is recommended that the City Council adopt the attached appropriation ordinance and accept the transfer of$400,000.00 from AllianceAirport Authority, Inc., to the City's Capital Maintenance Fund of the Alliance Fort Worth Facility adjacent to Alliance Airport. DISCUSSION: Article Eleven of AllianceAirport Authority, Inc.'s Articles of Incorporation provides that any net earnings of the Corporation that are not otherwise obligated by the Corporation shall be paid to the City. Funds for this contribution were provided from the sale of equipment from the former American Airlines, Inc., maintenance facility and gas royalty income. On September 20, 2016, the Board of the AllianceAirport Authority, Inc., approved Resolution No. AAA- 2016-03 authorizing the transfer of$400,000.00 of Corporation funds from the proceeds of the sale and gas royalty income to the City of Fort Worth . The funds will be transferred to the Capital Maintenance Fund of the Alliance Fort Worth Facility adjacent to Alliance Airport (the former American Airlines maintenance facility) to provide for maintenance of that facility as needed. This M&C does not request approval of a contract with a business entity. FISCAL INFORMATION / CERTIFICATION: The Director of Finance certifies that the Economic Development Department is responsible for receiving and recording the donated funds. FUND IDENTIFIERS (FIDO: TO Fund Department ccoun Project Program ctivity Budget Reference # Amoun ID ID Year (Chartfield 2) FROM Fund Department ccoun Project Program ctivity Budget Reference # �mounl ID ID Year Chartfield 2 CERTIFICATIONS: Lognamc: 17AAADONATE2016 Page 1 of 2 Jay Chapa (5804) Originating Department Head: Robert Sturns (212-2663) Henry Day (212-2645) Additional Information Contact: Ana Alvarado (871-6029) Logname: 17AAADONATE2016 Page 2 of 2