HomeMy WebLinkAboutOrdinance 23154-03-2018 Ordinance No. 23154-03-2018
AN ORDINANCE INCREASING ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE
PACS GAS LEASE CAPITAL PROJECT LEGACY FUND, FROM AVAILABLE FUNDS IN
THE AMOUNT OF$165,892.00, FOR PROJECT ADMINISTRATION COSTS; 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 PACS
Gas Lease Capital Project Legacy Fund in the amount of $165,892.00, from available funds, for project
administration costs.
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 orjudgment 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said prior ordinances and appropriations are hereby expressly repealed.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
Matthew Murray (Mary J. Kay
Assistant City Attorney
ADOPTED AND EFFECTIVE: March 27, 2018
City of Fort Worth, Texas
Mayor and Council Communication
COUNCIL ACTION: Approved on 3/27/2018 - Ordinance No. 23154-03-2018
DATE: Tuesday, March 27, 2018 REFERENCE NO.: **G-19252
LOG NAME: 8080 GAS REVENUE ADM COSTS FY2018
SUBJECT:
Adopt Appropriation Ordinance Increasing Estimated Receipts and Appropriations in the PACS Gas Lease
Capital Project Legacy Fund in the Amount of$165,892.00 from Available Funds and Authorize the
Transfer from the PACS Gas Lease Capital Project Legacy Fund to the General Fund to Offset Project
Administration Costs (ALL COUNCIL DISTRICTS)
RECOMMENDATION:
It is recommended that the City Council:
1. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the
PACS Gas Lease Capital Project Legacy Fund in the amount of$165,892.00 from gas-related revenue for
purposes of offsetting costs associated with project oversight and administration; and
2. Authorize the transfer in the amount of$165,892.00 from the PACS Gas Lease Capital Project Legacy
Fund to the General Fund to offset costs associated with project oversight and administration.
DISCUSSION:
The purpose of this Mayor and Council Communication is to appropriate Park Gas Well Revenues for a
transfer to the General Fund to offset costs for project oversight and administration.
In order to provide necessary resources for project management and accounting, parkland public hearings
required by the Texas Parks and Wildlife Code Chapter 26, License Agreements and capital project
oversight, the Department will transfer the amount of$165,892.00 in royalties to the General Fund.
The Fiscal Year 2018 operating appropriation ordinance that was adopted by the City Council on
September 26, 2017 included revenue from Park gas-related funds. However, the supporting capital
appropriation within the gas-related funds was omitted from the annual capital ordinance. Approval of this
M&C and adoption of the attached ordinance will enact the supporting capital appropriation.
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, funds will be transferred from the PACS Gas Lease Capital Project
Legacy Fund to the General Fund in the amount of$165,892.00.
Logname: 8080 GAS REVENUE ADM COSTS FY2018 Page 1 of 2
FUND IDENTIFIERS (FIDS):
TO
Fund Department ccoun Project Program ctivity Budget Reference # moun
ID ID Year (Chartfield 2)
FROM
Fund Department ccoun Project JProgram ctivity Budget Reference # moun
ID ID Year Chartfield 2
CERTIFICATIONS:
Submitted for City Manager's Office by: Fernando Costa (6122)
Originating Department Head: Richard Zavala (5704)
Additional Information Contact: David Creek (5744)
Logname: 8080 GAS REVENUE ADM COSTS FY2018 Page 2 of 2