HomeMy WebLinkAboutOrdinance 18294-09-2008Ordinance No. 18294-09-2008
AN ORDINANCE INCREASING ESTIMATED RECEII'TS AND APPROPRIATIONS
IN THE ERP CAPITAL PROJECT FUND IN THE AMOUNT OF $18,722,170.00, THE
NEW EQUIPMENT PURCHASES FUND ]N THE AMOUNT OF $6,182,830.00, AND
IN THE GENERAL DEBT SERVICE FUND IN THE AMOUNT OF $95,000.00 FROM
TIIE CITY'S EQUIPMENT NOTE AUTHORITY FOR THE PURPOSE OF
PURCHASING ENTERPRISE RESOURCE PLANNING SOFTWARE AND
IMPLEMENTATION SERVICES, FIRE FIGHTING EQUII'MENT AND
MISCELLANEOUS EQUIPMENT; PROVIDING A SEVERAB]LITY CLAUSE
MAKING THIS ORDINANCE CUMULATIVE OF PRIOR ORDINANCES AND
REPEALING ALL PRIOR ORDINANCES IN CONFLICT HEREWITH; AND
PROVIDING AN EFFECTIVE DATE.
BE IT ORDAIIIED 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 ERP
Capital Project Fund in the amount of $18,722,170.00, the New Equipment Purchases Fund in the amount of
$6,182,830.00, and in the General Debt Service Fund in the amount of $95,000.00 from the City's Equipment
Note Program for the purpose of purchasing Enterprise Resource Planning Software and implementation
services, fire fighting equipment, and miscellaneous equipment.
SECTION 2.
That should any portion, section or part of a section of this severability clause 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ordinances and appropriations are hereby expressly repealed.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 receipt of proceeds from the sale of the Tax Anticipation Notes.
APPROVED AS TO FORM AND LEGALITY:
~~
Assistant City orney
ADOPTED AND EFFECTIVE: September 16, 2008
City ®f ®rr~t ®-~h, T`~xas
Mayor and Council Communication
COUNCIL ACTION: Approved on 9/16/2008 -Ord. No. 18294-09-2008
m
DATE: Tuesday, September 16, 2008
LOG NAME: 13TAXNOTESAPPRO REFERENCE NO.: G-16279
SUBJECT:
Adopt Appropriation Ordinance for Proceeds from the Sale of $25,000,000.00 Equipment Tax Notes
to Fund the Enterprise Resource Planning System, Phase I, and to Reimburse the City for
Expenditures for Fire and Construction Equipment
9 -,_ a
RECOMMENDATION:
It is recommended that the City Council adopt the attached appropriation ordinance increasing estimated
receipts and appropriations in the amount of $25,000,000.00 from the sale of Equipment Tax Notes for the
purpose of funding the purchase, installation, and other related expenses for an Enterprise Resource
Planning System, Phase 1, and to reimburse the City for past purchases of fire and construction equipment.
DISCUSSION:
On August 26, 2008, the City Council approved M&C G-16255, authorizing the sale of $25,000,000.00 in
Equipment Tax Notes. The notes are being sold to fund the purchase, installation, and other related
expenses for Phase I of an Enterprise Resource Planning System (ERP), and to reimburse the City for
past purchases of fire and construction equipment that were purchased under the Equipment Note
Authority. Estimated use of the proceeds follows:
To Be Funded Amount
ERP Phase I - HR/Payroll $18,722,170.00
Fire Pumper, Aerial Ladder Apparatus, and Construction Equipment $6,182,830.00
Cost of Issuance $95,000.00
Total Tax Notes $25,000,000.00
September 30, 2008, is the anticipated date of closing for the sale and receipt of proceeds.
FISCAL INFORMATION/CERTIFICATION:
The Finance Director certifies that upon sale of the Equipment Tax Notes and approval of attached
appropriation ordinance, funds will be available in the current capital and operating budgets, as
appropriated, of the New Equipment Purchases Fund, ERP Capital Project Fund and General Debt Service
Fund.
TO Fund/AccountlCenters
GD06 485XXX VARIOUS
GD06 54XXXX VARIOUS
Logname: 13TAXN OTESAPPRO
$95,000.00
$95,000.00
FROM Fund/Account/Centers
Page 1 of 2
G193 485XXX VARIOUS $6.182,830.00
G193 54XXXX VARIOUS $6.182.830.00
C296 485XXX VARIOUS X18,722,170.00
C296 54XXXX VARIOUS $18,722,170.00
Submitted for City Manager's Office by: Karen Montgomery (6222)
Originating Department Head: Lena Ellis (8517)
Additional Information Contact: James Mauldin (2438)
Logname: 13TAXNOTESA.PPRO Page 2 of 2