HomeMy WebLinkAboutOrdinance 18579-04-2009Ordinance No. 18579-44-2009
AN ORDINANCE INCREASING ESTIMATED RECEIPTS AND
APPROPRIATIONS IN THE CULTURE AND TOURISM FUND IN THE AMOUNT
OF 568,645.00 ANE} DECREASING UNAUDITED, UNRESERVED,
UNDESIGNATED FUND BALANCE BY THE SAME AMOUNT, FOR THE
PURPOSE OF AUTHORIZING AN AGREEMENT WITH THE NORTH TEXAS
CUTTING CHAMPIONS CLUB TO PROMOTE EOUESTRlAN EVENTS AT WILL
RGGERS MEMORIAL COMPLEX; PROVIDING FOR A SEVERABILITY CLAUSE;
MAKING THIS ORDINANCE CUMULATIVE OF PRIOR ORD4NANCES IN
CONFLICT HEREWITH; AND PROVIDING AN EFFECTIVE DATE.
BE IT ORDAINEC} BY THE CETY COUNCIL OF THE CITY OF FORT WORTH:
TEXAS:
SECTION 1
That in addition to those amounts alfacated to the various City departments for Fiscal Year 2048-
2009 in the Budget of the City Manager, there shall also be increased estimated receipts and
appropriations in the Culture and Tourism Fund in the amount of $68,845.04 and decreasing
unaudited, unreserved, undesignated Fund Balance by the same amount, for the purpose of
authorizing an agreement with the North Texas Cutting Champions Club to promote equestrian
events at W ill Rogers Memorial Complex.
SECTION 2.
That should any portion, section ar part of a section of this ordinance be declared invalid,
inoperative or void far any reason by a court of competent jurisdiction; such decision, opinion or
judgment shalt 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 farce and effect.
SECTION 3.
That this ordinance shall be cumulative of Ordinance No. 18283 and aII 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conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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 snail take effect upon adoption.
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City of Fort Worth, Texas
Mayor and Council Communication
COUNCM~ AGT10N; Approved on 412812009 -Ord. No. 98579-U4-2048
DATE: Tuesday, April 28, 2449
LOG NAME: 25NCHA2409
REFERENCE NO.: G-16554
SUBJECT:
Authorize Payment from the Culture and Tourism Fund in the Amount of $68,606.44 for the North Texas
Cutting Champions Club to Promote Equestrian Events at WiII Rogers Memorial Complex and Adopt
Supplemental Appropriation Ordinance
_. __. _
RECOMMENDATION:
It is recommended that the City Council authorize the City Manager to:
1. Adopt the attached supplementai appropriation ordinance increasing estimated receipts and
appropriations by $68,605.00 in the Culture and Tourism Fund from unaudited, unreserved, undesignated
funds; and
2. Authorize a payment of $68,645.00 to the North Texas Cutting Champions Club to promote Equestrian
Events at Will Rogers Memorial Complex.
DISCUSSION:
Dr. Gerald Grotto produced a study in July 2447 that outlined the economic impact that is created by the
National Cutting Horse Association Triple Crown events that are held at the Will Rogers Memorial Center.
The report indicates that the National Gutting Horse Association (NCHA} events produce approximately
$45,453,564.00 of direct spending on taxable purchases during the 62 days of events.
In 1999, an agreement was reached between the City of Fort Worth, Fort Worth Convention and Visitors
Bureau (FWCVB}, the Fort Worth Chamber of Commerce (FWCOC) and the NCHA to provide annual
cash incentives in return for the NCHA's commitment to hold the Futurity, fhe Super Stakes and the
Summer Cutting Spectacular at the Will Rogers Memorial Complex and Equestrian Center. The
agreement was for an initial term of five years and 'nos been extended for an additionalfive years through
2049. The commitment was based on the economic impact of the three prestigious events to Fort Worth.
t'hp F~~'~ICCC cc?mrnitted to make its best effi~rts tta raise a p!~rtion ctf tE~e cash incea~tiv°es theaugh tl€e North
'~'e?,x+~a:'> ~._. 'tt;nt# €">P~3t.4p:~~?lS t'I!.th °f tl sf? i,).~Sx, 3~i3ttEe E:fi^,r(tc; ,..f t~^.E? F'4'i~`~'{~~ 'tVr?rE? ur'::~tG.L"G siit't#I, thE? ;,.tjt :~t'iG}
¢T f.~.V•~^. v'~'~" "igi f~ u:a' t~ r,:ltis.,.r ~ ~"0 jrttcaii .$pr Fn ..,..~+€,. v.'.'?j..iir #Ci v ~.".',: v74#. .14 ,~.a<„,h) ..euti`i£'9. i"-t iii e;~l ai,`."k~€1€ly' ~,'t fi}r'~dx;:,
t {74~ F?,"Yl.OE:: nE^,titgf,d tt'ie ~htt;t ti3E.tt r€:>3erL'€9S °+^tE.re .iwt ..va9l;xt.?ie tr? GffSet. a.~dd.tiorrai sC,rJrtf;:il3~ =ri ti;riora's€ng
and requested that tf;e aritirltali be :C}s+F"'ed by 1hE.+ City {~( F"slit uir:.:'i1h ir!d tt ti F'w~'~'C`li~B.
Despite a more tt;an reasonable effort by the F'v'VCOC to solicit contributions for the incentives, a shortfall
of $1.37,214.44 is anticipated fcr the 2409 commitment. The FWCOC has asked that the Cihy cover one-
ha€f t?f %he £iw2t7.'°!'tCi I „1 ih:-: -'3r?1{?tEr?t 'JC .`*,°i5,f345, nt4, a~ {f~eV c'~re :.'Elcttiie t€~ E<•*~sntiP,{.Ie tr' cs.:r?pIE?"tts'7Ytt tE;.a ,Ft`}rtta'I
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~* ,S ~hE: ~"E;Pv. t_. Cc^..:<'.+ . , F+:: #;s,aC.'"i r#3c"~tt a ~.,.x Y. ~#.t t~ .:..+t.'. va#1~.%... u .. ~'r ~tl ^'f".,*. m. t~"ti` t~:} t,"t E.c.X:~~ ... ¢..t.:"t'~
t,t~~rs:une::;?5'V{=EI<r~2{t{)z> Pa<~e I of'?
Champions Club from the Culture and Tourism Fund Balance.
The WiII Rogers Memorial Complex and Equestrian Center is located in Cf3UNCI~ DISTRICT 7 and
serves the entire City.
F[SCA~ INFORMATION 1 CEI?TIFICATION:
The Financial Management Services Director certifies that upon adoption of the attached supplemental
appropriation ordinance, funds will be available in the current operating budget, as appropriated, of the
Culture and Tourism Fund.
Ft1ND CENTERS:
TO FundlAccountfCenters FROM FundlAccounttCenters
GG04 531260 0246Q00 $68,605.OQ
CERTIFICATIONS:
Tom Higgins {6575)
Submitted for City Manager's Office by:
Originating pepartment_lead Kirk Slaughter {2501 }
Additional tnformatian Contact: Kirk Slaughter {2501)
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