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HomeMy WebLinkAboutOrdinance 22622-03-2017 ORDINANCE NO. 22622-03-2017 AN ORDINANCE INCREASING THE ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE PACS GAS LEASE CAPITAL PROJECT LEGACY FUND, IN THE AMOUNT OF $148,308.00, FROM AVAILABLE FUNDS, FOR THE PURPOSE OF FUNDING A TRANSFER TO THE GEIS ERAL FUND TO OFFSET COSTS ASSOCIATED WITH CAPITAL PROJECT OVERSIGHT AND ADMINISTRATION.; 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 PACS Gas Lease Capital Project Legacy Fund, in the amount of $148,308.00, from available funds, for the purpose of funding a transfer to the General Fund to offset costs associated with capital project oversight and administration. 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 22394-09-2016 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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: -� Douglas W. Black, ary J. s , Sr. Assistant City Attorney City Sec iy ADOPTED AND EFFECTIVE: March 7, 2017 Ordinance No.22622-03-2017 Page 1 of 1 City � of Fort Worth,. Texas Mayor � ��� Council CommunicationN��N���� mw�0 ��0N�� COUNCIL ACTION: Approved on 3/7/2017 - Ordinance No. 22622-03-2017 DATE: Tueoday, March 7. 2O17 REFERENCE NO.: °°G-18881 LOG NAME: @OGAGREVENUE ADM COGTGFY2O17 SUBJECT: Adopt Appropriation Ordinance Increasing Estimated Receipts and Appropriations in the PACS Gas Lease Capital Project Legacy Fund in the Amount of$148,308.00 from Available Funds and Authorize Transfer from PACS Gas Lease Capital Project LagaoyFundtotheGenana| Fundto (]ffoetP ject (]veroightCootG and Administration and Adopt Appropriation Ordinance (ALL COUNCIL [}|STF||CTG\ RECOMMENDATION: |tiorecommended that the City Council: 1. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations inthe PACS Gas Lease Capital Project LegGcyFUndinthaaRloWDt of$148.3O8.00from gas-related revenue; and 2. Authorize the transfer inthe amount of$148.3U0.00from the PACS Gas Lease Capital Project Legaoy Fund tothe General Fund to offset costs associated with project oversight mnd administration. DISCUSSION: The purpose of this Mayor and Council Communication (M&C) is to appropriate gas revenue for a transfer to the GaOe[G| Fund to offset costs for project ove[Gightand administration. |norder tOprovide necessary resources for project manage0entandaocoUDting. parWandpub|iChearingo required by the Texas Parka and Wildlife Code Chapter 26, license agreements and capital project oversight, the Department will transfer the amount 0f$148.3O8.00iOgas revenue tothe General Fund. The revenue included in this M&C from the Park Gas Well Revenue was included in the Fiscal Year 2017 appropriation ordinance that was adopted by the City Council on September 13, 2018. This M&C does not request approval ofacontract with abusiness entity. CERTIFICATION:FISCAL INFORMATION / The Director of Finance certifies that upon approval of the above recommendations, and adoption of the attached appropriation ondinaOce, available funds within the PACS Gas Lease Capital Project Legacy Fund will be transferred to the General Fund. I.ogunuze: 80GA8 REVENUE ADM COSTS l7Y2017 Page 1 of FUND IDENTIFIERS (FIDs): TO "�� artment ccoun Project Program ctivity Budget Reference # moun ID ID Year (Chartfield 2) FROM Fund Department ccoun Project Program ctivity Budget Reference # moun ID ID Year (Chartfield 2) CERTIFICATIONS: Submitted for City Manager's Office by: Susan Alanis (8180) Originating Department Head: Richard Zavala (5704) Additional Information Contact: Richard Zavala (5704) Logname: 80GAS REVENUE ADM COSTS FY2017 Page 2 of 2