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HomeMy WebLinkAboutOrdinance 23918-11-2019 Ordinance No.23918-11-2019 AN ORDINANCE INCREASING APPROPRIATIONS IN THE FORT WORTH PUBLIC IMPROVEMENT DISTRICT 8 —CAMP BOWIE FUND IN THE AMOUNT OF $168,519.00 AND DECREASING THE FORT WORTH PUBLIC IMPROVEMENT DISTRICT 8 —CAMP BOWIE FUND UNAUDITED, UNASSIGNED FUND BALANCE BY THE SAME AMOUNT FOR THE PURPOSE OF TRANSFERRING SAID FUNDS TO PUBLIC IMPROVEMENT DISTRICT 19 — HISTORIC CAMP BOWIE FUND; 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 2018-2019 in the Budget of the City Manager, there shall also be increased appropriations in Fort Worth Public Improvement District 8 — Camp Bowie Fund in the amount of $168,519.00 and decreasing the Fort Worth Public Improvement District 8—Camp Bowie Fund unaudited, unassigned fund balance by the same amount for the purpose of transferring said funds to Public Improvement District 19—Historic Camp Bowie Fund. 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 23392-09-2018 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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: CITY SECRETARY Assistant'y Atto ey ary J. a e .r. y AD4;i D AND EFFECTIVE: November 12 2019 ' FtT o. y 4K .BPS City of Fort Worth, Texas Mayor and Council Communication DATE: 11/12/19 M&C FILE NUMBER: M&C 19-0295 LOG NAME: 13FMS PID8 TRANSFERFY19 SUBJECT Amend Mayor and Council Communication G-19558 to(1)Adopt an Appropriation Ordinance Increasing Estimated Receipts and Appropriations in the Fort Worth Public Improvement District 8-Camp Bowie Fund in the Amount of$168,519.00,(2)Revise the Transfer Amount from Fort Worth Public Improvement District 8-Camp Bowie Fund to the Fort Worth Public Improvement District 19-Historic Camp Bowie Fund from $168,613.00 to$168,519.00,and(3)Repeal Ordinance No.23690-06-2019 and Adopt Corrected Appropriation Ordinance(COUNCIL DISTRICTS 3 and 7) RECOMMENDATION: It is recommended that the City Council amend Mayor and Council Communication G-19558 to: 1. Adopt an appropriation ordinance increasing estimated receipts and appropriations in the Fort Worth Public Improvement District 8-Camp Bowie Fund in the amount of$168,519.00; 2. Revise the transfer amount from the Fort Worth Public Improvement District 8-Camp Bowie Fund to the Fort Worth Public Improvement District 19-Historic Camp Bowie Fund from$168,613.00 to$168,519.00; 3. Repeal Ordinance No.23690-06-2019;and 4. Adopt the attached corrected appropriation ordinance increasing estimated receipts and appropriations in the Fort Worth Public Improvement District 19-Historic Camp Bowie Fund in the amount of$168,519.00. DISCUSSION: On June 19,2019(M&C G-19558),the City Council adopted a resolution approving the revised Fiscal Year 2018-2019 budget and five-year service plan for Public Improvement District 19-Historic Camp Bowie(PID 19). The revised budget and service plan required a transfer of the remaining funds in the Camp Bowie Public Improvement District 8-Camp Bowie Fund(PID 8)to fund the associated improvements and services within PID 19. M&C G-19558 authorized such a transfer in the amount of$168,613.00;however,due to a correction of over-allocated interest, staff has determined that the proper transfer amount should have been$168,519.00.Staff also determined that an additional appropriation is required to execute the transfer from the PID 8 fund to the PID 19 fund. To complete this transfer,staff is recommending that City Council revise M&C G-19558 to appropriate the necessary funds into the PID 8 fund, revise the transfer amount from$168,613.00 to 168,519.00,repeal appropriation ordinance No.23690-06-2019 in favor of a corrected appropriation ordinance reflecting the revised transfer amount. The remaining elements of M&C G-19558 remain the same. The Historic Camp Bowie PID 19 is located in COUNCIL DISTRICTS 3 and 7. A Form 1295 is not required because:This M&C does not request approval of a contract with a business entity. FISCAL INFORMATION/CERTIFICATION: The Director of Finance certifies that upon approval of the above recommendations and adoption of the attached appropriation ordinances,funds will be available in the current operating budget,as appropriated in the FWPID#8—Camp Bowie Fund and FWPID#19—Hist Camp Bowie Fund. Prior to an expenditure being incurred,the participating department is responsible to validate the availability of funds. Submitted for City Manager's Office by: Kevin Gunn 2015 Originating Business Unit Head: Reginald Zeno 8500 Additional Information Contact: Anthony Rousseau 8338 Kate Perry 2234