HomeMy WebLinkAboutOrdinance 20203-05-2012Ordinance No. 20203 -05 -2012
AN ORDINANCE INCREASING THE ESTIMATED RECEIPTS AND
APPROPRIATIONS IN THE RISK MANAGEMENT FUND IN THE AMOUNT OF
$168,902.00, FROM AVAILABLE FUNDS, FOR THE PURPOSE OF COMMERCIAL
INSURANCE RECOVERY PERTAINING TO THE PRIMATE BUILDING AT THE
FORT WORTH ZOO BEING DAMAGED DURING A HAIL STORM ON MAY 24,
2011; 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 2011 -2012 in the
Budget of the City Manager, there shall also be increased estimated receipts and appropriations in the Risk
Management Fund in the amount of $168,902.00, from available funds, for the purpose of commercial
insurance recovery pertaining to the primate building at the Fort Worth Zoo being damaged during a hail
storm on May 24, 2011.
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.19911 -09 -2011 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of said prior ordinances and appropriations are hereby expressly repealed.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 City Attorney
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City of Fort Worth, Texas
Mayor and Council Communication
RECOMMENDATION:
It is recommended that the City Council:
1. Authorize the payment for repairs to Eubanks Roofing in the amount of $243,200.00;
2. Authorize the payment for repairs to TDI Mechanical in the amount of $175,702.00; and
3. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the
Risk Management Fund in the amount of $168,902.00.
DISCUSSION:
During a hail storm on May 24, 2011, the primate building at the Fort Worth Zoo was damaged. Damages
are determined to total $418,902.00. Repair costs are covered by the City's commercial property
insurance, subject to a $250,000.00 deductible.
Each year, funds are budgeted in the Risk Management Fund to pay for incurred expenditures that fall
within the policy deductible for property damage claims covered by the City's commercial insurance. When
a claim exceeds the policy deductible, commercial insurance recoveries are deposited to the Risk
Management Fund for appropriation. Partial claim payment of $102,438.00 was received from RSUI
Indemnity Company on March 30, 2012. An additional payment of $66,464.00 is due to the City upon
completion of repairs. The repairs are anticipated to be completed on May 10, 2012.
The total repair cost of $418,902.00 is composed of the City's $250,000.00 deductible and $168,902.00
funded by Commercial Insurance Recovery.
FISCAL INFORMATION / CERTIFICATION:
The Financial Management Services Director certifies that upon approval of the attached appropriation
ordinance, funds will be available in the current operating budget, as appropriated, of the Risk
Management Fund.
FUND CENTERS:
TO Fund /Account/Centers
3) FE71 481082 0137100
Logname: 13 RI SKHAI LZOO
FROM Fund /Account/Centers
$168.902.00 12) FE71 534260 0137140 $250,000.00
Page 1 of 2
3) FE71 534030 0137130 $168,902.00 12) FE71 534030 0137130 $168.902.00
CERTIFICATIONS:
Submitted for City Manager's Office by:
Originating Department Head:
Additional Information Contact:
Susan Alanis (8180)
Lena Ellis (8517)
Nancy McKenzie (7744)
Logname: 13RISKHAILZOO Page 2 of 2