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HomeMy WebLinkAboutOrdinance 17343-01-2007Ordinance No. 17343-01-2007 AN ORDINANCE INCREASING ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE CONTRACT STREET MAINTENANCE FUND IN THE AMOUNT OF $13,305,584 FROM A GENERAL l~UND TRANSFER, FOR THE PURPOSE OF FUNDING A PORTION OF THE FISCAL YEAR 2006-2007 STREET MAINTENANCE PROGRAM; MAKING THIS ORDINANCE CUMULATIVE OF PRIOR ORDINANCES IN CONFLICT HEREWITH; AND PROVIDING AN EFFECTIVE IJATE. 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 2006- 2007 in the Budget of the City Manager, there shall also be increased estimated receipts and appropriations in the Contract Street Maintenance Fund in the amount of $13,305,564 from a General Fund transfer, for the purpose of funding a portion of the Fiscal Year 2006-2007 Street Maintenance Program. SECTION 2. That should any portion, section or part of a section of this ordinance be deciared invalid, inoperative ar void for any reason by a court of competent jurisdiction, such decision, opinion or judgmenf 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 No. 17142 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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 ardinance~hail take effect upon adoption. AS TO ADOPTED AND EFFECTIVE: Janua 9 2007 ~i ®f F®r# V~~rtfi, texas r r a ~ r rt C®UNCIL ACTION: Approved on 119/2007 -Ordinance No. 17343-01-2007 DATE: Tuesday, January 09, 2007 LOG NAME: 20TRANSi= 06-07 REFERENCE NO.. *~`G-15561 SUBJECT: Authorize Transfer of Funds from the General Fund to the Contract Street Maintenance Fund far the FY2006-20Q7 Street Maintenance Program and Adapt Appropriation Ordinance RECOMMENDATION: It is recommended that the City Council: 1. Authorize the City Manager to transfer $13,3Q5,564.Q0 from the General Fund to the Contract Street Maintenance Fund; and 2. Adapt the attached appropriation ordinance increasing estimated receipts and appropriations in the Contract Street Maintenance Fund in the amount of $13,3Q5,S64.OQ from available funds to fund a portion of the FY2QQ6-20Q7 Street Maintenance program. DISCUSSION: In the FY2QQ~-20Q7 budget cycle, $13,305,564.Q0 was allocated for the Contract Street Maintenance Program from the General Fund. Each year funds for major maintenance contracts are consolidated from the General Fund and other funding sources to the Contract Street Maintenance Fund to keep track of annual expenditures. As contracts are developed and bids received, City staff will be coming to Council to award approximately 20 contracts for major maintenance for streets and bridges using the Contract Street Maintenance Fund. FISCAL INFORMATIONICERTIFICATION: The Finance Director certifies that upon completion of the above recommendations and adoption of the attached appropriation ordinance, funds will be available in the current capital budget, as appropriated, in the Contract Street Maintenance Fund. TO FundlAccauntlCenters C293 541200 201609990100 C293 5412D4 241629990100 C293 541200 24126999414D C293 541200 201699990100 c293 472401 2D160999a1oD C293 472001 20162999010D FROM FundlAccountlCenters 700 ODO.OD GG01 53969D D2D2DD3 ~839,451.DC} 11 686113.00 0001 537110 0202002 X12,466,113.00 839 451.00 $sa.oD4.DD ~~Da,DDD.DD $1'~ 6_863.00 Logname: 20TRANSF 06-07 Page 1 of 2 0293 472001 201269990100 839 451.00 0293 472001 20169999010© $80,000.00 Submitted foe City Manager`s Office by: Marc Ott (8476) Ori inatin ©e artnnent Head: Robert Goode (78Q4) Additional Information Contact: George Behrnanesh (7914) Logname: 24TRANSF 06-07 Page 2 0~2