Loading...
HomeMy WebLinkAboutOrdinance 24349-08-2020 Ordinance No. 24349-08-2020 AN ORDINANCE INCREASING ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE GRANTS OPERATING STATE FUND, SUBJECT TO RECEIPT OF THE GRANT, IN THE AMOUNT UP TO $455,000.00, FOR THE PURPOSE OF FUNDING OPERATION OF THE FORT WORTH BUSINESS ASSISTANCE CENTER AS WELL AS RENOVATIONS AND UPKEEP ON THE GUINN ELEMENTARY SCHOOL CAMPUS; 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 2019-2020 in the Budget of the City Manager,there shall also be increased estimated receipts and appropriations in the Grants Operating State Fund, subject to the receipt of grants, in the amount up to $455,000.00, for the purpose of funding operation of the Fort Worth Business Assistance Center as well as renovations and upkeep of buildings on the Guinn Elementary School Campus. 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 orjudgment 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 23835-09-2019 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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 T eWallach(Aug 27,202017:03 CDT) Assistant City Attorney Mary J. Kayser ADOPTED AND EFFECTIVE:August 25,2020 Q� FoRr Y �XAS.. City of Fort Worth, Texas Mayor and Council Communication DATE: 08/25/20 M&C FILE NUMBER: M&C 20-0585 LOG NAME: 17UNTHSC BAC FY21 SUBJECT (CD 8)Authorize Execution of Agreement with the University of North Texas Health Science Center at Fort Worth to Accept a Grant in the Amount of$450,000.00 from the State of Texas for Operations of the Fort Worth Business Assistance Center as Well as Renovations and Upkeep of Buildings on the Guinn Elementary School Campus,Authorize Use of Interest in the Amount Up to$5,000.00 and Adopt Appropriation Ordinance RECOMMENDATION: It is recommended that the City Council: 1.Authorize the execution of an agreement with the University of North Texas Health Science Center at Fort Worth to accept and receive grant funds from the State of Texas in the amount of$450,000.00 during the State's Fiscal Year 2020-2021 for operation of the Fort Worth Business Assistance Center as well as renovations and upkeep of buildings on the Guinn Elementary School Campus; 2.Authorize the use of interest earnings in an amount up to$5,000.00 for the purpose of the award;and 3.Adopt attached appropriation ordinance increasing estimated receipts and appropriations in the Grants Operating State fund for a total amount of$455,000.00. DISCUSSION: The purpose of this Mayor and Council Communication(M&C)is to execute an agreement with the University of North Texas Health Science Center at Fort Worth(UNTHSC)to accept and receive grant funds from the State of Texas in the amount of$450,000.00 from the FY2020-2021 fiscal year as well as interest earnings in an amount up to$5,000.00 for a total amount of$455,000.00 to be appropriated in the Grants Operating State fund for operation of the Fort Worth Business Assistance Center as well as renovations and upkeep of buildings on the Guinn Elementary School Campus. Beginning with the 79th Legislature of the State of Texas(2005),the State's Biennial General Appropriations Act has appropriated the amount of $3.1 million to the UNTHSC for joint economic development and technology commercialization activities of UNTHSC,TECH Fort Worth and the City of Fort Worth for renovations at the Guinn School Campus and Business Assistance Center operations. In the 86th Legislature of the State of Texas during its regular session as part of Senate Bill(S.B.) 1 (General Appropriations Act for the 2020-2021 Biennium),the State approved grant funding in the amount of$3,069,000.00 for the partnership between the City and UNTHSC for the two years beginning September 1,2019.Of this grant,the amount of$2,619,000.00 has been appropriated to UNTHSC and TECH Fort Worth and the remaining amount of$900,000.00 is allocated to the City during this biennium to be received in two installments. During the biennium the City will receive$450,000.00 during Fiscal Year 2020 and$450,000.00 in Fiscal Year 2021.While indirect costs were not addressed at the time the grant application was submitted,the Department is reviewing regulations and will comply with City policy on indirect costs to the extent allowed by the program guidelines. These funds will be used to administer the Fort Worth Business Assistance Center(BAC)Program,and fund the Fiscal Year 2020-2021 contract with the BAC Education Foundation for the Idea Works Business Incubator housed in the elementary building at the historic James E.Guinn Campus. The Guinn School property is located in COUNCIL DISTRICT 8. A Form 1295 is not required because:This contract will be with a governmental entity,state agency or public institution of higher education: University of North Texas Health Science Center FISCAL INFORMATION/CERTIFICATION: The Director of Finance 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,in the Grants Operating State fund.The Economic Development Department(and Financial Management Services)will be responsible for the collection and deposit of funds due to the City.Prior to an expenditure being incurred,the Economic Development Department has the responsibility to validate the availability of funds.This is an advance grant. Submitted for City Manager's Office by: Jay Chapa 5804 Originating Business Unit Head: Robert Sturns 2663 Additional Information Contact: Robert Sturns 2663