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HomeMy WebLinkAboutOrdinance 23366-09-2018 Ordinance No. 23366-09-2018 AN ORDINANCE INCREASING THE ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE AMOUNT OF $452,700.00 IN THE GRANTS OPERATING FUND, FROM GRANT RECEIPTS, FOR OPERATION OF THE FORT WORTH BUSINESS ASSISTANCE CENTER AS WELL AS RENOVATIONS AND UPKEEP OF BUILDINGS ON THE GUINN ELEMENTARY SCHOOL CAMPUS; 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$452,700.00 in the Grants Operating Fund, from grant receipts, for operation of the Fort Worth Business Assistance Center as well as renovations and upkeep of buildings on the Guinn Elementary School Campus. 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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. APP OVED AS TO FORM AND LEGALITY: CITY SECRETA 0-1 . 170 eann Guzman Wry J. Kayse Sr. Assistant City Attorney ADOPTED AND EFFECTIVE: September 11, 2018 City of Fort Worth, Texas Mayor and Council Communication COUNCIL ACTION: Approved on 9111/2018 - Ordinance No. 23366-09-2018 DATE: Tuesday, September 11, 2018 REFERENCE NO.: **C-28822 LOG NAME: 17ED UNTHSC-BAC19 SUBJECT: Authorize Execution of Agreement with the University of North Texas Health Science Center at Fort Worth to Accept a Grant in the Amount of$450,000.00 from the State of Texas for Operations of the Fort Worth Business Assistance Center as Well as Renovations and Upkeep of Buildings on the Guinn Elementary School Campus, Authorize Use of Interest in the Amount Up to $2,700.00 and Adopt Appropriation Ordinance (COUNCIL DISTRICT 8) RECOMMENDATION: It is recommended that the City Council: 1. Authorize the execution of an Agreement with the University of North Texas Health Science Center at Fort Worth to accept and receive grant funds from the State of Texas in the amount of $450,000.00 (the amount of $450,000.00 during the State's current Fiscal Year of September 1, 2018 to August 31, 2019) for operation of the Fort Worth Business Assistance Center as well as renovations and upkeep of buildings on the Guinn Elementary School Campus; 2. Authorize the use of interest earnings in an amount up to $2,700.00 for the purpose of the award; and 3. Adopt attached appropriation ordinance increasing estimated receipts and appropriations in the Grant Operating Fund for a total amount of$452,700.00. DISCUSSION: Beginning with the 79th Legislature of the State of Texas (2005), the State's Biennial General Appropriations Act has appropriated the amount of $3.1 million to the University of North Texas Health Science Center (UNTHSC) for joint economic development and technology commercialization activities of UNTHSC, TECH Fort Worth and the City of Fort Worth for renovations at the Guinn School Campus and Business Assistance Center operations. In the 85th Legislature (2017), the State approved grant funding in the amount of $3,069,000.00 for the partnership between the City and UNTHSC for the two years beginning September 1, 2017. Of this grant, the amount of$2,619,000.00 has been appropriated to UNTHSC and TECH Fort Worth and the remaining amount of $900,000.00 is allocated to the City during this biennium to be received in two installments. During the biennium the City will receive $450,000.00 during Fiscal Year 18 and $450,000.00 in Fiscal Year 19. While indirect costs were not addressed at the time the grant application was submitted, the Department is reviewing regulations and will comply with City policy on indirect costs to the extent allowed by the program guidelines. For the State's upcoming Fiscal Year, which ends August 31, 2019, the City will receive the amount of $450,000.00. This amount represents the second installment and final payment from UNTHSC to the City Logname: 17ED UNTHSC-BAC 19 Page 1 of 2 for this biennium. These funds will be used to administer the Fort Worth Business Assistance Center (BAC) Program, and fund the Fiscal Year 2018-2019 contract with the BAC Education Foundation for the Idea Works Business Incubator housed in the elementary building at the historic James E. Guinn Campus. The Guinn School property is located in COUNCIL DISTRICT 8. This contract will be with a governmental entity, state agency or public institution of higher education: University of North Texas Health Science Center (UNTHSC). 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 grant operating fund as appropriated. This is an advance grant. FUND IDENTIFIERS (FIDs): TO Fund Department ccoun Project Program ctivity Budget Reference # mount 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: Robert Sturns (2663) Additional Information Contact: Sky Williams (2645) Logname: 17ED UNTHSC-BAC19 Page 2 of 2