HomeMy WebLinkAboutOrdinance 23077-01-2018 Ordinance No. 23077-01-2018
AN ORDINANCE INCREASING ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE
CULTURE AND TOURISM CAPITAL PROJECTS FUND IN THE AMOUNT OF
$145,000.00, TRANSFERRED FROM THE CULTURE AND TOURISM CAPITAL
PROJECTS LEGACY FUND, FOR THE PURPOSE OF ALLOWING CLEAN-UP OF
RESIDUAL PROCEEDS FROM CAPITAL IMPROVEMENTS AND EXPENDITURE OF
SUCH FUNDS ON FUTURE CAPITAL IMPROVEMENTS AT WILL ROGERS MEMORIAL
CENTER; 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 Culture
and Tourism Capital Projects Fund in the amount of$145,000,00, from residual proceeds, for the purpose of
allowing clean-up of residual proceeds from capital improvements and expenditure of such funds on future
capital improvements at Will Rogers Memorial Center.
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 22928-09-2017 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said prior ordinances and appropriations are hereby expressly repealed.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.
APPROVED AS TO FORM AND LEGALITY: CITY SECRET Y
=TIVE:
City Attorney ary J. er January 23, 2018
City of Fort Worth, Texas
Mayor and Council Communication
U CIL ACTION: Approved on 1123/2018 - Ordinance Nos. 23076-01-2018 & 23077-01-
2018
DATE: Tuesday, January 23, 2018 REFERENCE NO.: **G-19206
LOG NAME: 25UNSPECCAPITALTRANSFER
SUBJECT:
Authorize a Transfer in the Amount of$328,273.94 from the Culture and Tourism Capital Projects Legacy
Fund to the Culture and Tourism Capital Projects Fund to Allow Clean-Up of Residual Proceeds from
Capital Improvements to the Will Rogers Memorial Center and Expenditure of Such Funds on Future
Capital Improvements; and Adopt Appropriation Ordinances (COUNCIL DISTRICT 7)
RECOMMENDATION:
It is recommended that the City Council:
1. Adopt the attached ordinance increasing estimated receipts and appropriations in the Culture and
Tourism Capital Projects Legacy Fund (39201) in the amount of$328,273.94 for transfer to the Culture
and Tourism Capital Projects Fund (30101);
2. Authorize the transfer of$328,273.94 from the Culture and Tourism Capital Projects Legacy Fund
(39201) to the Culture and Tourism Capital Projects Fund (30101)to allow clean-up of residual proceeds
from capital improvements and expenditure of such funds on future capital improvements at Will Rogers
Memorial Center; and
3. Adopt the attached ordinance increasing estimated receipts and appropriations in the Culture and
Tourism Capital Projects Fund (30101) in the amount of$145,000.00 from residual proceeds.
DISCUSSION:
The purpose of this Mayor and Council Communication (M&C) is to clean-up the Culture and Tourism
Capital Projects Legacy Fund (Legacy Fund)that has residual proceeds and move $328,273.94 of such
residue to the Culture and Tourism Capital Projects Fund to pay for current, planned and future capital
improvements to the Will Rogers Memorial Center(WRMC). The Legacy Fund, which will have a
remaining balance of approximately $4,000.00 after approval of this MBC, will be cleaned up for close out
through separate M&Cs at a later date.
In 2015, the City and the Southwestern Exposition and Livestock Show cooperated on improvements to
Cattle Barn 2 at the WRMC. The City has $328,273.94 remaining from the Cattle Barn 2 project, all of
which will all be transferred as part of this M&C. Of the remaining funds, $145,000.00 have been
allocated for the following capital improvements at the WRMC: coliseum lighting ($70,000.00) and walk-in
coolers ($75,000.00). The balance of the funds ($183,273.94)will remain in the unspecified project
portion of the Culture and Tourism Capital Projects Fund to be appropriated when needed.
This project is in COUNCIL DISTRICT 7.
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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 recommendations contained within this Mayor
and Council Communications, appropriations will be made in the Culture and Tourism Capital Projects
LGC Fund and the Culture and Tourism Capital Project Fund.
FUND IDENTIFIERS (FIDs):
TO
Fund Department ccoun Project JProgram ctivity Budget Reference # moun
ID ID Year Chartfield 2
FROM
Fund Department ccoun Project JProgram ctivity Budget Reference # mount
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: Kirk Slaughter (2501)
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