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HomeMy WebLinkAboutOrdinance 18229-08-2008Ordinance No. 18229-08-2008 AN ORDINANCE INCREASING ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE PARK GAS LEASE PROJECT FUND IN THE AMOUNT OF $71,000 FROM GAS WELL ROYALTY REVENUES FOR THE PURPOSE OF FUNDING THE STRUCTURAL REPAIRS OF THE FOREST PARK TOWERS; PROVIDING FOR A SEVERABILITY CLAUSE; MAKING THIS ORDINANCE CUMULATIVE OF PRIOR 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 2007-2008 in the Budget of the City Manager, there shall also be increased estimated receipts and appropriations in the Park Gas Lease Project Fund in the amount of $71,000 from Gas Well Royalty Revenues for the purpose of funding the structural repairs of the Forest Park Towers. 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. 17749 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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. A VED AST ORM AND LEGALITY: Assistant Cit Attorney ADOPTED AND EFFECTIVE: August 26, 2008 Cif ®f 1~®r~ ~!/or~f~, Texas Mayor and Council Cornrr~unication COUNCIL ACTION: Approved on 8/26/2008 -Ord. No. 18229-08-2008 DATE: Tuesday, August 26, 2008 LOG NAME: 80FORESTPKTOWER REFERENCE NO.: ~~'G-16253 SUBJECT: Adopt Appropriation Ordinance for Structural Repairs of the Forest Park Towers in the Amount of $71,000.00 from the Gas Well Royalty Fund RECOMMENDATION: It is recommended that the City Council adopt the attached appropriation ordinance increasing estimated receipts and appropriations by $71,000.00 in the Park Gas Lease Project Fund from the Gas Well Royalty Revenues for the purpose of funding the structural repairs of the Forest Park Towers. DISCUSSION: The purpose of this M&C is to authorize the appropriation of gas well royalty funds from royalties received from parkland gas well drilling leases. The proposed appropriation of funds will be used to address significant structural failures of the Forest Park Towers. The allocation of the gas well royalties to underwrite this project is an eligible expense under the Gas Well Revenue Distribution Policy adopted on January 8, 2008, (M&C G16013). Built in 1918, the Forest Park Towers are located at 2300 Park Place. The towers mark the entrance to Forest Park and were constructed out of rubble limestone with a red clay the hipped roof. The second floor features three arched openings and balconies on all four sides. The walkways on the ground level pierce the towers with one central arch. The towers were restored in 1980 by the Berkeley Place Neighborhood Association. In late 2007, it was noted that the roof on the north tower had deteriorated to a point where it would not support the flag pole. Both towers were immediately secured until an evaluation of stability could be conducted. As a result of an engineering review, it has been determined that a complete demolition of the roof cover and structure is required in addition to new roof trusses, roofing, soffit and fascia board. The estimated project cost to refurbish the towers is $71,000.00 including construction, engineering and inspection. The Forest Park Towers are located in COUNCIL DISTRICT 9. FISCAL INFORMATION/CERTIFICATION: The Finance Director certifies that upon approval of the attached appropriation ordinance, funds will be available in the Gas Well Royalty Fund. Logname: 80FORESTPKTOWER Page 1 of 2 TO Fund/Account/Centers FROM Fund/Account/Centers C282 446200 801929990100 $71,000.00 C282 541200 801929990100 $71,000.00 Submitted for City Manager's Office b~ Charles W. Daniels (6183) Originating Department Head: Richard Zavala (5704) Additional Information Contact: Sandra Youngblood (5755) Logname: 80FORESTPKTOWER Page 2 of 2