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HomeMy WebLinkAboutOrdinance 17799-09-2007Ordinance No. 17799-09-2007 AN ORDINANCE INCREASING ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE SPECIALLY FUNDED CAPITAL PROJECTS FUND IN THE AMOUNT OF $921,284 FROM AVAILABLE FUNDS, FOR THE PURPOSE OF PROVIDING FUNDING FOR THE FORT WORTH PUBLIC ART PROGRAM; PROVIDING FOR A SEVERABILITY CLAUSE; 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 in the Budget of the City Manager, there shall also be increased estimated receipts and appropriations in the Specially Funded Capital Projects Fund in the amount of $921,284 from available funds, for the purpose of providing funding for the Fort Worth Public Art Program. 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 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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: ~ v~2. ~~ - Assistant ity Attorney J~ ADOPTED AND EFFECTIVE: September 25, 2007 City of 1~ort VI/®r~h, Texas Mayor and Council Communication COUNCIL ACTION: Approved on 9/25/2007 -Ord. # 17799-09-2007 DATE: Tuesday, September 25, 2007 LOG NAME: 60ARTS PROGRAM REFERENCE NO.: G-15888 SUBJECT: Authorize Transfer of FY2006-07 Water and Sewer Operating Funds for the Fort Worth Public Art Program and Adopt Appropriation Ordinance RECOMMENDATION: It is recommended that the City Council: 1. Authorize the transfer of $921,284.00 from the FY2006-07 Water and Sewer Operating Fund to the Specially Funded Capital Projects Fund for the Water Department contribution to public art funding; and 2. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the Specially Funded Capital Projects Fund in the amount of $921,284.00 from available funds. DISCUSSION: On October 2, 2001, (M&C G-13396) the City Council adopted Ordinance No. 14794 creating the Fort Worth Public Art Program. The purpose of the Public Art Program is to: • create an enhanced visual environment for Fort Worth residents; • commemorate the City's rich cultural and ethnic diversity; integrate the design work of artists into the development of the City's capital infrastructure improvements; and • promote tourism and economic vitality in the City through the artistic design of public spaces. In accordance with Council policy established in that ordinance, two percent of the annual operating budget of the Water and Sewer Fund for cash financing of capital projects is allocated for public art in the city. This two percent is set aside on an annual basis for the Fort Worth Public Art Program. Public art is also funded via a two percent set aside of General Obligation (GO) bond funds. Specific art projects in the Fort Worth Art Commission (FWAC)'s Annual Work Plan, as well as projects noted in the Long-Range Public Art Plan for the 2004 Capital Improvement Program (approved by Council on May 17, 2005, M&C G-14801) and the Long-Range Public Art Plan for the Water Fund (approved by Council on May 9, 2006, M&C G-15185) are funded from that set-aside of GO bond and Water and Sewer Fund capital improvement funds. The FWAC's FY2007-08 Annual Work Plan of specific projects to be funded will be forthcoming in conjunction with the M&C for the Arts Council's FY2007-08 Fort Worth Public Art Program management contract. The Fort Worth Public Art collection represents a significant asset to the City and its citizens; therefore, the acquisition and display of art works also entails a commitment to maintain and conserve them. Bond funds cannot be used for such conservation activities. Therefore, to ensure proper stewardship of a growing City art collection, a Public Art Conservation Fund, which is to achieve a standing balance equal to 15 percent of the public art collection's value, was established in FY2005-06, using $200,000 from the Water Logname: 60ARTS PROGRAM Page 1 of 2 Department's annual contribution for Public Art. In addition to the transfer of Water and Sewer Fund monies for Public Art Program management and public art design /fabrication /installation, this M&C also serves to add to the established pool of funds for art conservation activities. The proposed FY2007-08 set- asidefor public art conservation activities is $100,000.00. 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 capital budget, as appropriated, of the Specially Funded Capital Projects Fund. TO Fund/Account/Centers 1 &2) C291 472045 031989990100 $821,284.00 C291 539120 031989990100 $521,284.00 1 &2) C291 472045 031889990100 $100,000.00 C291 541200 031889990100 $100.000.00 FROM Fund/AccountlCenters 1) PE45 538070 0709020 $921.284.00 Submitted for City Manager's Office b~ Libby Watson (6183) Marc Ott (8476) Originating Department Head: S. Frank Crumb (8207) Additional Information Contact: Melissa .Ramon (8245) Logname: 60ARTS PROGRAM Page 2 of 2