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HomeMy WebLinkAboutOrdinance 23228-06-2018 Ordinance No. 23228-06-2018 AN ORDINANCE INCREASING ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE SPECIAL PURPOSE FUND, IN THE AMOUNT OF $157,101.00 FROM AVAILABLE FUNDS, FOR THE PURPOSE OF FUNDING A TRANSFER TO THE GENERAL FUND; 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 Special Purpose Fund in the amount of$157,101.00, from available funds, for the purpose of funding a transfer to the General Fund. 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 22927-09-2017 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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 r Melinda Ramos Mary J. Kay? Senior Assistant City Attorney ADOPTED AND EFFECTIVE: June 5, 2018 Commitment Control(KK)Budget 3ournal Entries 1 PRI_REV 25002 01]0463 4640001 500105 1049.00 1 PRI P£V 15001 017D463 1600100 SOD105 156 AO 1 PRI CXD 15002 0190463 500105 157101.00 2 DPT EV 10100 019600D 1915002 176305.0 2 DPT CID 10100 01%000 5330201 45AOD.O 2 DPT CXD 10100 0609103 5990000 131,305.0 Gereral Ledger(GL)3ournal Entries 1 25002 0170463 4640001 500105 3,049.OD Leave Blank Auto Pop Leave Blank Leave Blank Contributions From Others .. -_ • _ , 1 25002 0170483 4600100 900105 167527.1 1 25000 01002 90163 4600100 500105 7728.63 1 25019DM 3900010 500105 176304.64 i 10100 0196000 49250@ 176,304.64) i 10100 0196000 5330201 45000.00 2 10100 0909103 5990000 131,304.64 Reference FIDS ave Blank Leave Blank Auto Pop a LeLeave Blank Leave Blank City of Fort Worth, Texas Mayor and Council Communication COUNCIL ACTION: Approved on 6/5/2018 - Ordinance Nos. 23227-0.6-2018 &-23228-06- 2018 DATE: Tuesday, June 5, 2018 REFERENCE NO.: **G-19292 LOG NAME: 19NEZAPPROPRIATION SUBJECT: Adopt Ordinances Increasing Estimated Receipts and Appropriations in the Amount of$157,101.00 in the Special Purpose Fund and $176,305.00 in the General Fund for the purpose of funding the Neighborhood Empowerment Zone Program (ALL COUNCIL DISTRICTS) RECOMMENDATION: It is recommended that the City Council: 1. Adopt the attached ordinance increasing appropriations in the Special Purpose Fund (25002), in the amount of$157,101.00, from available funds, for the purpose of making a transfer to the General Fund (10100); 2. Authorize the transfer in the amount of$176,305.00 from the Special Purpose Fund (25002) to the General Fund (10100), including new and existing appropriations; and 3. Adopt the attached ordinance increasing estimated receipts and appropriations in the General Fund (10100), in the amount of$45,000.00, from transferred revenues, for the purpose of funding the Neighborhood Empowerment Zone (NEZ) program study. DISCUSSION: The Neighborhood Services Department is requesting that appropriations be increased in the Special Purpose Funds to properly record program revenue received from the Neighborhood Empowerment Zone (NEZ) program and be transferred to the General Fund. Effective the approval of this action, all future program revenues will be receipted directly into the General Fund. On January 30, 2018, M&C G-19216 was approved by the City Council to appropriate $20,000.00 for operating costs and to hire a consultant for the NEZ study of FY2018 fund balance. Phase II of the NEZ program study by RickerjCunningham Consultants calls for an additional expense of$25,000.00 which will be funded by the above appropriation. On April 25, 2000, Mayor and Council Communication (M&C G-12897) approved the Policy Statement on the creation of Local Neighborhood Empowerment Zone (NEZ) and amended it on December 7, 2010 (M&C G-17133) and May 16, 2017 (M&C G-19010), in accordance with Chapter 378 of the Texas Local Government Code. The City Council also authorized the City Manager to develop administrative procedures for the NEZ Program. The NEZ Administrative Procedures were adopted by the City Council on October 3, 2000 (M&C G- 13030) and amended on May 15, 2007, December 7, 2010 and May 16, 2017 to initiate improved program requirements. Under the NEZ program, there is a $25.00 per application fee required to be paid by Lognwne: 19NEZAPPROPRIATION Page 1 of 2 applicants and tax abatement fees of$100.00 per single family home. 0.5% $200.00 minimum-$2,000.00 maximum per commercial, industrial, mixed-use and multi-family development. 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 available in the Special Purpose Fund to transfer to the General Fund for the purposes of funding a consultant for the NEZ study. Prior to an expenditure being incurred, the participating department has the responsibility to validate the availability of funds. 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: Fernando Costa (6122) Originating Department Head: Aubrey Thagard (8187) Sarah Odle (7316) Additional Information Contact: Rhonda Hinz (2573) Logname: 19NEZAPPROPRIATION Page 2 of 2