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HomeMy WebLinkAboutOrdinance 23203-05-2018 Ordinance No. 23203-05-2018 AN ORDINANCE INCREASING THE ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE AMOUNT OF $39,265.36 IN THE MUNICIPAL AIRPORTS GRANTS FUND, FROM INTEREST EARNED ON FEDERAL AVIATION ADMINISTRATION GRANT FUNDS, FOR THE ALLIANCE RUNWAY EXTENSION PROJECT; 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$39,265.36 in the Municipal Airports Grants Fund, from interest earned on Federal Aviation Administration Grant Funds, for the Alliance Runway Extension Project. 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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 Leann u m1W v k#y J. Kays r ). Sr. Assistant City Attorney ADOPTED AND EFFECTIVE: May 8, 2018 City of Fort Worth, Texas Mayor and Council Communication COUNCIL ACTION: Approved on 5/8/2018 - Ordinance No. 23203-05-2018 DATE: Tuesday, May 8, 2018 REFERENCE NO.: **G-19276 LOG NAME: 55RNY EXT GRANT FUND INTEREST SUBJECT: Adopt Appropriation Ordinance in the Amount of$39,265.36 for Interest Earned on Federal Aviation Administration Grant Funds to be Used on the Alliance Runway Extension Project(COUNCIL DISTRICT 7) RECOMMENDATION: It is recommended that the City Council adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the Municipal Airports Grants Fund in the amount of$39,265.36 in interest earned on Federal Aviation Administration grant funds to be used on the Alliance Runway Extension Project. DISCUSSION: There are interest earnings in the Municipal Airports Grant Fund that the Aviation Department is requesting to be appropriated in order to be used for the Alliance Runway Extension Project. The Aviation Department has permission from the Federal Aviation Administration to utilize these funds for project costs such as construction management services or construction. The Alliance Runway Extension Project is substantially completed, but there is some outstanding work being done such as sodding. 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 recommendation, funds are available in the current budget, as appropriated of the Municipal Airport Grant Fund. FUND IDENTIFIERS (FIDs): TO Fund Department ccoun Project Program ctivity Budget Reference # moun I ID Year Chartfield 2 FROM T Department cc oun Project Program ctivity Budget Reference #�l moun ID ID Year Chartfield 2 CERTIFICATIONS: Submitted for City Manager's Office by: Fernando Costa (6122) Originating Department Head: Bill Welstead (5402) Additional Information Contact: Aya Ealy (5403) Logname: 55RNY EXT GRANT FUND INTEREST Page 1 of 1