HomeMy WebLinkAbout(0006) 17FY2021_MID-YEAR_ADJUSTMENTS_TIF__AO21 updated.PDFOrdinance No.
AN ORDINANCE ADJUSTIING THE ESTIMATED RECEIPTS AND APPROPRIATIONS IN
THE VARIOUS TAX INCREMENT REINVESTMENT ZONE (TIRZ) FUNDS IN THE
AMOUNT OF $3,641,919.00, FROM AVAILABLE FUNDS, FOR THE PURPOSE OF
BALANCING THE FUNDS, IN THE VARIOUS TAX INCREMENT FUNDS; 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 2021 in the Budget
of the City Manager, there shall also be decreased receipts and appropriations in the various Tax Increment
Reinvestment Zone (TIRZ) funds in the amount of $3,641,919.00, from available funds, for the purpose of
balancing the funds.
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 24495-10-2020 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said prior ordinances and appropriations are hereby expressly repealed.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 City Attorney
ADOPTED AND EFFECTIVE:
Mary J. Kayser