HomeMy WebLinkAboutOrdinance 22981-11-2017 Ordinance No. 22981-11-2017
AN ORDINANCE INCREASING THE ESTIMATED RECEIPTS AND APPROPRIATIONS IN
THE AMOUNT OF $452,700.00 IN THE GRANT OPERATING FUND, FROM GRANT
RECEIPTS, $450,000 OF WHICH WILL BE FOR OPERATIONS OF THE FORT WORTH
BUSINESS ASSISTANCE CENTER AS WELL AS RENOVATIONS AND UPKEEP OF
BUILDINGS ON THE GUINN ELEMENTARY SCHOOL CAMPUS AND $2,700.00, FROM
INTEREST EARNINGS, WHICH WILL BE USED FOR OTHER ALLOWABLE PROGRAM
EXPENSES; 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 2017-2018 in the
Budget of the City Manager,there shall also be increased estimated receipts and appropriations in the amount
of$452,700.00 in the Grant Operating Fund, from grant receipts, $450,000 of which will be for operations of
the Fort Worth Business Assistance Center as well as renovations and upkeep of buildings on the Guinn
Elementary School Campus and $2,700.00, from interest earnings, which will be used for other allowable
program expenses.
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 22927-09-2017 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said prior ordinances and appropriations are hereby expressly repealed.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.
APPF OVED A . TO FORM AND LEGALITY: CITY SECRETA Y
acka�,� tJ. (n i v►�h a J. K y r
Sr. Assistant City A orney
ADOPTED AND EFFECTIVE: November 7. 2017
City of Fort Worth, Texas
Mayor and Council Communication
COUNCIL ACTION: Approved on 11/7/2017 - Ordinance No. 22981-11-2017
DATE: Tuesday, November 7, 2017 REFERENCE NO.: **C-28456
LOG NAME: 17ED UNTHSC-BAC18
SUBJECT:
Authorize Execution of Agreement with the University of North Texas Health Science Center at Fort Worth
to Accept a Grant in the Amount of$450,000.00 from the State of Texas for Operations of the Fort Worth
Business Assistance Center as Well as Renovations and Upkeep of Buildings on the Guinn Elementary
School Campus, Authorize Use of Interest in the Amount Up to $2,700.00 and Adopt Appropriation
Ordinance (COUNCIL DISTRICT 8)
RECOMMENDATION:
It is recommended that the City Council:
1. Authorize the execution of an Agreement with the University of North Texas Health Science Center at
Fort Worth to accept and receive grant funds from the State of Texas in the amount of $450,000.00 (the
amount of $450,000.00 during the State's current Fiscal Year of September 1, 2017 to August 31, 2018)
for operation of the Fort Worth Business Assistance Center as well as renovations and upkeep of
buildings on the Guinn Elementary School Campus;
2. Authorize the use of interest earnings in an amount up to $2,700.00 for the purpose of the award; and
3. Adopt attached appropriation ordinance increasing estimated receipts and appropriations in the Grant
Operating Fund for a total amount of$452,700.00.
DISCUSSION:
Beginning with the 79th Legislature of the State of Texas (2005), the State's Biennial General
Appropriations Act has appropriated the amount of $3.1 million to the University of North Texas Health
Science Center (UNTHSC) for joint economic development and technology commercialization activities of
UNTHSC, TECH Fort Worth and the City of Fort Worth for renovations at the Guinn School Campus and
Business Assistance Center operations.
In the 85th Legislature (2017), the State approved grant funding in the amount of $3,069,000.00 for the
partnership between the City and UNTHSC for the two years beginning September 1, 2017. Of this grant,
the amount of$2,619,000.00 has been appropriated to UNTHSC and TECH Fort Worth and the remaining
amount of$450,000.00 is allocated to the City during this biennium to be received in one installment. The
total during the biennium is $900,000.00 of which the City will receive $450,000.00 during Fiscal Year 18
and $450,000.00 in Fiscal Year 19. Interim financing is necessary to provide transition from one grant
funding period to the next. No matching funds are required from the City for this program and indirect
costs are not allowed, by federal or state statute.
For the State's current Fiscal Year, which ends August 31, 2018, the City will receive the amount of
$450,000.00. These funds will be used to administer the Fort Worth Business Assistance Center (BAC)
Logname: 17ED UNTHSC-BAC 18 Page 1 of 2
Program, and fund the Fiscal Year 2017-2018 contract with the BAC Education Foundation for the Idea
Works Business Incubator housed in the elementary building at the historic James E. Guinn Campus.
The Guinn School property is located in COUNCIL DISTRICT 8.
This contract will be with a governmental entity, state agency or public institution of higher education:
University of North Texas Health Science Center (UNTHSC).
FISCAL INFORMATION / CERTIFICATION:
The Director of Finance certifies that upon approval of the above recommendations and adoption of the
attached appropriation ordinance, funds will be available in the grant operating fund as appropriated. This
is an advance grant.
FUND IDENTIFIERS (FIDs):
TO
:Fund Dep artmen - 'et P
t ccoun Pocro ram �-B-u-d et Reference # moun
ID IDYear (Chartfield 2)�
FROM _
Fund; Department Accoun Project Program ctiiviityj Budget Reference # moun
ID ID _ Year (Chartfield 2)
CERTIFICATIONS:
Submitted for City Manager's Office by: Jay Chapa (5804)
Originating Department Head: Robert Sturns (2663)
Additional Information Contact: Michael McClinton (6823196248)
Logname: 17ED L NTHSC-BAC 18 Page 2 of 2