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HomeMy WebLinkAboutOrdinance 23138-03-2018 Ordinance No. 23138-03-2018 AN ORDINANCE INCREASING ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE PARK DEDICATION FEES FUND, FROM AVAILABLE FUNDS IN THE AMOUNT OF $199,888.00, FOR MANAGEMENT OF NEIGHBORHOOD AND COMMUNITY PARK DEDICATION POLICY; 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 Park Dedication Fees Fund in the amount of $199,888.00, from available funds, for the management of Neighborhood and Community Park Dedication Policy. 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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 SECRETARY Matt Murray, Assist nt City Attorney Mary J. KaMil ADOPTED AND EFFECTIVE: March 20, 2018 City of Fort Worth, Texas Mayor and Council Communication C0114NPILACTIQN: Approved-pn 3/2012Q10 -,.Ord, ce 2; "'g 0 DATE: Tuesday, March 20, 2018 REFERENCE NO.: **G-19243 LOG NAME: 8080PARK DEDICATION ADM COSTS FY1 8 SUBJECT: Adopt Appropriation Ordinance Increasing Estimated Receipts and Appropriations in the Park Dedication Fees Fund in the Amount of$199,888.00 from Available Funds and Authorize Transfer from the Park Dedication Fees Fund to the General Fund to Offset Operation and Oversight Costs of Neighborhood and Community Park Dedication Policy (ALL COUNCIL DISTRICTS) RECOMMENDATION: It is recommended that the City Council: 1. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the Park Dedication Fees Fund in the amount of$199,888.00 from available funds; and 2. Authorize the transfer in the amount of$199,888.00 from the Park Dedication Fees Fund to the General Fund to offset operation and oversight costs associated with management of the Neighborhood and Community Park Dedication Policy. DISCUSSION: The purpose of this Mayor and Council Communication is to authorize the transfer of funds from the Park Dedication Fees Fund to the General Fund to offset the costs related to the management of the Neighborhood and Community Park Dedication Policy (Policy). The revenue included in this M&C from the Park Dedication Fees Fund was included in the Fiscal Year 2018 appropriation ordinance that was adopted by the City Council on September 26, 2017. The Policy ensures the provision of adequate park and recreational areas with needed facilities in the form of neighborhood and community parks to serve population increases resulting from the addition of new residential units in the City. Park development fees that are paid by the developer in lieu of making land dedications are placed in an interest bearing account and are used to achieve the Policy's objectives. Beginning with the Fiscal Year 2010 adopted budget, costs for program oversight and operation were eliminated from the General Fund. Correspondingly, these costs were identified for payment from interest income earned on the policy fees collected. Expenses associated with the operation and management of the program include salary and benefits of the Park and Recreation Department employees that administer the program. 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 appropriation ordinance, available funds within the Parks Dedication Fee Fund will be transferred Logname: 8080PARK DEDICATION ADM COSTS FYI 8 Page 1 of 2 to the General Fund in the amount of$199,888.00. FUND IDENTIFIERS (FIDs): TO Fund Department ccoun Project JProgram 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 Mana-ger's Office by: Susan Alanis (8180) Originating Department Head: Richard Zavala (5704) Additional Information Contact: David Creek (5744) Logname: 8080PARK DEDICATION ADM COSTS FYI Page 2 of 2