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HomeMy WebLinkAboutOrdinance 19781-07-2011Ordinance No. 19781 -07 -2011 AN ORDINANCE INCREASING THE ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE INFORMATION SYSTEMS FUND IN THE AMOUNT OF $42,900,000.00, FROM THE PROCEEDS OF TAX NOTES TO JP MORGAN CHASE, FOR THE PURPOSE OF TRANSFERRING SAID FUNDS TO THE INFORMATION SYSTEMS CAPITAL PROJECTS FUND FOR RADIO SYSTEM REPLACEMENT; 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 2010 -2011 in the Budget of the City Manager, there shall also be increased estimated receipts and appropriations in the Information Systems Fund in the amount of $42,900,000.00, from the proceeds of the sale of Tax Notes to JP Morgan Chase, for the purpose of transferring said funds to the Information Systems Capital Projects Fund for radio system replacement. 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 No.19355 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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: Assistant Cit Attorney ADOPTED AND EFFECTIVE: July 19. 2011 City of Fort Worth, Texas Mayor and Council Communication COUNCIL ACTION: Approved on 711912011 - Ordinance No. 19780, 19781'; and 19782 DATE: Tuesday, July 19, 2011 REFERENCE NO.: G -17327 LOG NAME: 04APPROPRIATIONS P25 INFORMATION SYSTEMS FUND SUBJECT: Adopt Supplemental Appropriation Ordinances Increasing Appropriations in the Information Systems Fund by $2,700,000.00 and Decreasing the Unaudited, Unreserved, Undesignated Information Systems Fund Balance by the Same Amount, Increase Appropriations in the Information Systems Fund by $42,900,000.00 from Proceeds of the Sale of Tax Notes and Transfer Funds to the Information Systems Capital Projects Fund for the Purpose of Upgrading the City's Public Safety Communications System (ALL COUNCIL DISTRICTS) RECOMMENDATION: It is recommended that the City Council: 1. Adopt the attached supplemental appropriation ordinance increasing appropriations in the Information Systems Fund by $2,700,000.00 and decreasing the unaudited, unreserved, undesignated Information Systems Fund balance by the same amount; 2. Adopt the attached supplemental appropriation ordinance increasing appropriations in the Information Systems Fund by $42,900,000.00 from the proceeds of the sale of Tax Notes to JP Morgan Chase as approved in M &C G- 17303; 3. Authorize the transfer of $45,600,000.00 from the Information Systems Fund to the Information Systems Capital Projects Fund for radio system replacement; and 4. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the Information Systems Capital Projects Fund by $45,600,000.00 from available funds. DISCUSSION: On June 14, 2011, Council approved M &C G -17303 authorizing execution of a system purchase agreement with Motorola Solutions, Inc., for the upgrade of the City's public safety communications system. The M &C also authorized the sale of Tax Notes to partially finance the cost of the project. As referenced in the M &C, total cost of the project is not to exceed $53,000,000.00. The purpose of this M &C is to transfer $45,600,000.00 in available funds to the Information Systems Capital Project Fund for the public safety communications system upgrade project. Funds include $42,900,000.00 from the sale of Tax Notes and $2,700,000.00 from the Information Systems Fund balance. An additional $5,000,000.00 for this project has been included in staffs proposed Fiscal Year 2012 budget for the Fort Worth Crime Prevention and Control District (CCPD). Contingent upon the CCPD Board of Director's and the City Council's approval of the Fiscal Year 2012 budget as proposed, an additional Logname: 04APPROPRIATIONS P25 INFORMATION SYSTEMS FUND Page I of 2 appropriation M &C will be submitted to Council later this year. Dispersal of project funds will begin in July 2011 and continue through the project completion scheduled for March 2015. FISCAL INFORMATION / CERTIFICATION: The Financial Management Services Director certifies that upon approval of the above recommendations and adoption of the attached appropriation ordinance, funds will be available in the current capital budget, as appropriated, of the Information Systems Capital Projects Fund. FUND CENTERS: TO Fund /Account/Centers FROM Fund /Account/Centers 1) P168 538040 0041000 $2,700,000.00 1) P168 538040 0041000 $2,700,000.00 2) P168 538040 0041000 $42,900,000.00 3 & 4) P168 538040 0041000 $45.600.000.00 3 & 4) P251 476068 041030173520 $45,600.000.00 4) P251 539120 041030173520 $45,600,000.00 CERTIFICATIONS: Submitted for City Manager's Office by: Karen Montgomery (6222) Pete Anderson (8781) Originating Department Head: Steve Streiffert (2221) Additional Information Contact: Alan Girton (8484) Logname: 04APPROPRIATIONS P25 INFORMATION SYSTEMS FUND Page 2 of 2