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HomeMy WebLinkAboutOrdinance 23102-02-2018 Ordinance No. 23102-02-2018 AN ORDINANCE REPEALING ORDINANCE 22974-10-2017 AND INCREASING ESTIMATED RECEIPTS AND APPROPRIATIONS IN FISCAL YEAR 2017 IN THE LAKE WORTH TRUST FUND IN THE AMOUNT OF $180,000.00, FROM AVAILABLE FUNDS, TO PROVIDE FUNDING FOR THE PLATTING OF CITY-OWNED LAND UNDER RESIDENTIAL LEASE WITHIN THE LAKE WORTH LEASES SUBDIVISION; 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 That Ordinance 22974-10-2017 is hereby repealed in its entirety. SECTION 2. 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 Lake Worth Trust Fund in the amount of$180,000.00, from available funds, to provide funding for the platting of city-owned land under residential lease with the Lake Worth Leases subdivision. SECTION 3. 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 4. That this ordinance shall be cumulative of Ordinance No. 22393-09-2016 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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 5. This ordinance shall take effect upon adoption. 7A7)AS TO FORM AND LEGALITY: CITY SECRETAR Denis 0. hbAlroy, 9 r Assistant City Attorney 'Wary J. K y r ADOPTED AND EFFECTIVE: February 6. 2018 City of Fort Worth, Texas Mayor and Council Communication COUNM ACTION: Approved on 2/6/2018 - Ordinance Nos. 23102-02-2018 & 23103-02- 2013 DATE: Tuesday, February 6, 2018 REFERENCE NO.: **G-19219 LOG NAME: 1313FR ORDINANCE CORRECTION SUBJECT: Adopt Corrected Appropriation Ordinances to Facilitate Closure of the Lake Worth Trust Fund as Part of Fiscal Year 2017 Closeout (ALL COUNCIL DISTRICTS) RECOMMENDATION: It is recommended that the City Council: 1. Adopt the attached ordinance, repealing Ordinance No. 22974-10-2017 and enacting a corresponding corrected appropriation, increasing estimated receipts and appropriations in Fiscal Year 2017 in the Lake Worth Trust Fund in the amount of$180,000.00; and 2. Adopt the attached ordinance, repealing Ordinance No. 22975-10-2017 and enacting a corresponding corrected appropriation, increasing estimated receipts and appropriations in Fiscal Year 2017 in the General Capital Projects Fund in the amount of$180,000.00. DISCUSSION: The purpose of this Mayor and Council Communication (M&C) is to adopt corrected appropriation ordinances to facilitate closure of the Lake Worth Trust Fund as part of the Fiscal Year 2017 closeout. On October 24, 2017, the City Council approved M&C L-16088, which authorized transfer of$180,000.00 in residual funds from the Lake Worth Trust Fund (25008)to the General Capital Fund (30100) to provide funding for the platting of certain leased City-owned land in the vicinity of Lake Worth. That M&C also adopted two ordinances (22974-10-2017 & 22975-10-2017), which increased appropriations in each of the affected Funds. Staff intended for these action to be effective for Fiscal Year 2017 so that closure of the Lake Worth Trust Fund could be accomplished as part of year-end closing efforts. Unfortunately, language to that effect was omitted from the M&C, and the ordinances that were attached incorrectly referenced the current Fiscal Year. Further action facilitating closure of the of the Lake Worth Trust Fund occurred on December 12, 2017, when the Mayor and Council approved M&C G-19183, which transferred and reappropriated other residual funds. This second M&C explicitly noted that the actions were to be effective in Fiscal Year 2017. Approval of the current M&C and adoption of the attached ordinances will correct the error and allow the Lake Worth Trust Fund to be closed effective as of the end of Fiscal Year 2017 as intended. Logname: 1313FR ORDINANCE CORRECTION Page I of 2 .,/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 attached ordinances, funds will be available in the Lake Worth Trust Fund in Fiscal Year 2017 as needed to close the fund. FUND IDENTIFIERS (FIDs): TO Fund Department ccoun Project Program ctivity Budget Reference # moun 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: Aaron Bovos (8517) Additional Information Contact: Brian Hickman (8568) Logname: 1313FR ORDINANCE CORRECTION Page 2 of 2