HomeMy WebLinkAboutOrdinance 8457,~ -~.
ORDINANCE NO 8457
AN ORDINANCE APPROPRIATING THE ADDITIONAL SUM
OF $10 000 FROM THE WATER AND SEWER FUND UN-
APPROPRIATED RETAINED EARNINGS TO ACCOUNT NO
60-90-10 FOR PAYMENT OF CONSULTANT FEES FOR
EXTENSIVE REVIEW OF PAST WATER STUDIES OF THE
CITY AND THE TARRANT COUNTY WATER DISTRICT 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 the review of past water studies and other
preparation regarding the Arlington Rate Case hearing was
not anticipated and the fee to FINCAP Inc should be raised
by the sum of $10 000 00 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 additional consultant fees to FINCAP Inc
to review past water studies of the city and the 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 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 take effect and be in
full force and effect from and after the date of its passage
and it is so ordained
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APPROVED AS TO FORP~! AND LEGALITY
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t Attorney
ADOPTED /l/ e~~~,.`~,. 3, ~ q8~
EFFECTIVE ~dytg,.,~, 3 / 9 ~ I
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IVfayor
City of Fort Worth, ?exas
and Cou~,c~l Coman.un~cat~aon
DATE REFERENCE SUBJECT Additional Appropriation for PAGE
NUMBER Rate Consultants in Arlington Water Rate ],
11 3 81
**G-5141
Case 1 of
On June 30, 1981 (M&C G-5032 the City Council authorized the hiring of FINCAP,
as rate consultants to testify in the City of Arlington Water Rate Case
Inc
,
before the Texas Water Commission and appropriated $25,000 from Water and Sewer
Unappropriated Retained Earnings to pay for such consultant fees As a result
of extensive review of past water studies of the City and the Tarrant County
Water District and ext ensive preparation for the hearing, it is necessary td
raise the maximum fee by $10 000 to $35,000
Recommendations
It is recommended that the City Council
1 Authorize the City Manager to execute an amendment to the contract with FINCAP
Inc , to increase the maximum fee from $25 000 to $35 000 and
2 Adopt the attached Supplemental Appropriation Ordinance appropriating $10,000
from the Water and Sewer Fund Unappropriated Retained Earnings to Account No
60-90-10
WRH plg
Attachment
APPROVED BY
CITY COUNCIL
NOV ~ ~g$~
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CI ecr
of th
d of Forc We>;th, TexAQ
AaOPTED ORDINANCE NO 84S
SUBMITTED FOR THt
CITY MANAGER'S ~ DISPOSITION BY COUNCIL: PROCESSED BY
OFFICE BY: ^ APPROVED
ORIGINATING ^ OTHER (DESCRIBE)
DEPARTMENT HEAD: CITY 'SECRETARY
FOR ADDITIONAL INFORMATION
CONTACT DATE