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HomeMy WebLinkAboutOrdinance 22917-09-2017 Ordinance No. 22917-09-2017 AN ORDINANCE INCREASING THE ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE CULTURE AND TOURISM CAPITAL PROJECT FUND IN THE AMOUNT OF $1,800,000.00, FROM AVAILABLE FUNDS, IN SUPPORT OF THE DICKIES ARENA PROJECT; 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 Culture and Tourism Capital Project Fund in the amount of $1,800,000.00, from available funds, in support of the Dickies Arena Project. 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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. P OVE AS TO FORM AND LEGALITY: CITY ECRETARY - Denis C. MT,, Senior Assistant City Attorney Mary J. Kayser ADOPTED AND EFFECTIVE: September 26, 2017 City of Fort Worth, Texas Mayor and Council Communication COUNCIL ACTION: Approved on 9/26/2017 - Ordinance No. 22917-09-2017 DATE: Tuesday, September 26, 2017 REFERENCE NO.: **G-19112 LOG NAME: 25TRANSFERFUNDSFY2017DICKIES ARENA SUBJECT: Adopt Ordinance Increasing Receipts and Appropriations in the Culture and Tourism Capital Project Fund by $1,800,000.00, from a Transfer from Operating, for the Dickies Arena Project (ALL COUNCIL DISTRICTS) RECOMMENDATION: It is recommended that the City Council adopt the attached ordinance increasing Fiscal Year 2017 receipts and appropriations in the Culture and Tourism Capital Project Fund (30101) in the amount of $1,800,000.00, from a transfer from previously appropriated operating dollars, in support of the Dickies Arena Project. DISCUSSION: The purpose of this Mayor and Council Communication (M&C) is to appropriate money in the Culture and Tourism Capital Project Fund 30101 in support of the Dickies Arena Project from previously appropriated operating-budget funds. This action is in accordance with the adopted funding plan for the Venue project that includes the Dickies Arena adjacent to the Will Rogers Memorial Center (Resolution No. 4498-08- 2015). The Fiscal Year 2017 Culture and Tourism Operating Fund (20101) budget included an appropriation of$1,800,000.00 for a capital transfer out in support of the Dickies Arena, which was also reflected in the adopted Capital Improvement Plan for the Public Events Department (M&C G-18914). Section 2 of the adopted operating budget ordinance (Ordinance 22393-09-2016) delegated authority to the City Manager or his designee to effect transfers of funds "designated in the budget for transfer between and among departments and funds of the City." Staff can use the delegated authority to move the budgeted transfer to the capital fund, but an appropriation in the capital fund is needed to fully implement this part of the current year's approved funding plan. Approval of this M&C and adoption of the attached ordinance will provide the final necessary step. The project is physically located in COUNCIL DISTRICT 7, but will serve Fort Worth residents in ALL COUNCIL DISTRICTS. This M&C does not request approval of a contract with a business entity. FISCAL INFORMATION /CERTIFICATION: The Director of Finance certifies that upon approval of the above recommendations and adoption of the attached ordinance, funds will be available in the current capital budget, as appropriated, of the Culture and Tourism Capital Project Fund. Logname: 25TRANSFERFLNDSFY2017DICKIES ARENA Page 1 of 2 FUND IDENTIFIERS (FIDs): TO Fund Department ccoun Project Program ctivity Budget Reference # �mounl 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: Kirk Slaughter (2501) Additional Information Contact: Stacey Church (2502) Logname: 25TRANSFERFLNDSFY2017DICKIES ARENA Page 2 of 2