HomeMy WebLinkAboutOrdinance 11374 ORDINANCE NO. 11-7
10
AN ORDINANCE INCREASING THE ESTIMATED RECEIPTS AND
APPROPRIATIONS IN THE SPECIAL TRUST FUND IN THE AMOUNT
OF $146,177.24 FOR THE PURPOSE OF APPROPRIATING MAYFEST
PROCEEDS; MAKING THIS ORDINANCE CUMULATIVE OF PRIOR
ORDINANCES AND REPEALING ALL PRIOR 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 the Fiscal Year 1992-93
and in the Budget of the City Manager,there shall also be increased estimated receipts and appropriations
in the Special Trust Fund in the amount of $146,177.24 for the purpose of appropriating Mayfest
proceeds.
SECTION 2.
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. 11151 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of said prior ordinances and appropriations are hereby expressly repealed.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 and be in full force and effect from and after the date of its passage, and it
is so ordained.
APPROVED AS TO FORM AND ALITY:
City Attorney
Date
g--16
Adopted J�
g --/b 74
Effective
MAS rER FII,;-1
ACCOUNTING-2
TRANSF.ik WeIGA4P,119LIC.WORKS-i City of Fort Worth, Texas
y1 a G INEERIN AOE R N R i a or and CouncilCommunicationENGI
PAR tL'r REFERENCE NUMBER LOG NAME PAGE
LAV..2 08/10/93 ••G-10282 80MAY 1 of 1
SUBJECT MANA(EMENT SLR\'1CFj-APPROPRIATION OF MAYFEST PROCEEDS
,/�l//y/MANA! FMENT SCR�'ICE -
YV -
RECOMMENDATION:
It is recommended that the City Council:
1. Adopt the attached appropriations ordinance increasing estimated receipts and
appropriations by $146,177.24 in the Special Trust Fund from increased revenues, and.
2. Authorize expenditure of $146,177.24 from the Special Trust Fund for Park and Recreation
purposes.
DISCUSSION:
Mayfest has been a popular and successful event in Trinity Park since 1973. Each year the City
of Fort Worth receives twenty percent (20%) of the net operating profits from the event.
Contractual agreements require the revenue be spent for Park and Recreation purposes, most
recently City Secretary Contract Number 19593 (M&C C-13672 of 01-19-93).
Although proceeds from Mayfest '93 are expected to be in the $20,000.00 range, due to
inclement weather, revenue has averaged approximately $50,000.00 in recent years. The
I present unappropriated balance of Mayfest revenue to the City is $146,177.24.
1M The Park and Recreation Department expects to use the Mayfest Funds to purchase mowing
equipment, as no replacement mowing equipment has been funded in recent years; to renovate
or replace festival equipment; to fund park planning efforts; and to replace playground
equipment.
FISCAL INFORMATION/CERTIFICATION:
The Director of Fiscal Services certifies that upon adoption of the attached appropriation
ordinance sufficient funds will be available in the Special Trust Fund.
LW:b
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bmitted for City Manager's FUND A UNT CENTER AM UNT CITY SECRETARY
Office by: (to) �/APPROVED
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F (1)FE 1 1 ,1 CITY COUNCIL
Libby Watson 6140 ( )FE 11
Originating Department IIead:
AUG 10 1pp3
Richard Zavala,Jr. 5700 (from)
(2)FE72 541320I1 1 ,4. ' ,
For Additional Information City se awy Of the
Contact: City of rat WoRk
F Richard Zavala,Jr. 5700
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