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HomeMy WebLinkAboutOrdinance 17650-07-2007Ordinance No. 17650-07-2007 AN ORDINANCE INCREASING ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE GRANTS FUND IN THE AMOUNT OF $15,343.10 FROM AVAILABLE FUNDS FOR THE PURPOSE OF PROVIDING ADDITIONAL FUNDING TO AN EXISTING FAIR HOUSING ASSISTANCE PROGRAM COOPERATIVE AGREEMENT BETWEEN THE FORT WORTH COMMUNITY RELATIONS DEPARTMENT AND THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT; MAKING THIS ORDINANCE CUMULATIVE OF 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 Fiscal Year 2006- 2007 and in the Budget of the City Manager, there shall also be increased estimated receipts and appropriations in the Grants Fund in the amount of $15,343.10 from available funds for the purpose providing additional funding to an existing Fair Housing Assistance Program Cooperative Agreement between the Fort Worth Community Relations Department and the U.S. Department of Housing and Urban Development. 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. 17142 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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 ADOPTED AND EFFECTIVE: July 17, 2007 Page 1 City of Fort Worth, Texas Mayor and Council Communication COUNCIL ACTION: Approved on 7/17/2007 -Ordinance #17650-07-2007 DATE: Tuesday, July 17, 2007 LOG NAME: 07FHAPINTACC REFERENCE NO.: **G-15780 SUBJECT: Acknowledge and Acceptance of Interest Earnings Derived from Fair Housing Assistance Program Funds and Adopt Appropriation Ordinance Increasing Estimated Receipts and Appropriations in Program Funds REGOMMENDATION: It is recommended that the City Council: 1. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the amount of $15,343.10 from available funds; and 2. Authorize the expenditure of $15,343.10 in accordance with eligible grant activities. DISCUSSION: Bank interest is generated from the positive cash balance of the Fair Housing Assistance Program. The U.S. Department of Housing and Urban Development Office of Fair Housing and Equal Opportunity (HUD) has authorized the use of funds earned from bank interest on eligible activities of the Fair Housing program. These activities affirmatively promote fair and equal housing opportunity throughout the City of Fort Worth in support of the City's Strategic Goal of becoming the "Safest Major US City." FISCAL INFORMATION/CERTIFICATION: The Finance Director certifies that upon approval of the above recommendations and adoption of the attached appropriation ordinance, funds will be available in the current operating budget, as appropriated, of the Fair Housing Assistance Program Fund. TO Fund/AccountlCenters FROM Fund/AccountlCenters GR76 441012 013206882000 887.62 GR76 539120 007206979060 831.10 GR76 441012 013206979000 831.10 GR76 539120 007206882030 887.62 GR76 441012 013206047000 $13,624.38 GR76 539120 007206047050 $13,624.38 Submitted for City Manager's Office by: Libby Watson (6183) Originating- Department Head: Vanessa Ruiz Boling (7534) Additional Information Contact: Patrick Elfrink (7562) http://www.cfwnet.org/council~acket/Reports/mc~rint.asp 7/17/2007