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HomeMy WebLinkAbout(0038) CFA GAP FUNDING_ 33005_AO20 v3.PDFOrdinance No AN ORDINANCE INCREASING ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE CFA BUCKET PROGRAMMABLE PROJECT OF THE GENERAL GAS LEASE CAPITAL PROJECTS FUND IN THE AMOUNT OF $900,000.00, FROM AVAILABLE TRANSFERRED FUNDS, FOR COVERING GAPS IN INSPECTION FEE COSTS; AUTHORIZING THE CITY MANAGER, ACTING DIRECTLY OR THROUGH A DESIGNEE, TO MAKE CERTAIN TRANSFERS AND ALLOCATIONS UP TO BUDGETED AMOUNTS; 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 CFA Bucket Programmable Project of the General Gas Lease Capital Projects Fund in the amount of $900,000.00, from available transferred funds, for covering gaps in inspection fee costs. SECTION 2. That, appropriations in the CFA Bucket Programmable Project of the General Gas Lease Capital Project Fund identify and allocate monies that are anticipated to be needed to cover gaps when there is insufficient funding for the inspection services needed in connection with community facility agreement ("CFA") projects funded by developers. In accordance with Chapter X of the Charter of the City of Fort Worth, Texas, by adoption of this ordinance, the City Council authorizes and delegates to City Manager, or his designee, authority, when a gap in inspection fee funding exists, to enact and make transfers and allocations of such monies in a cumulative amount not to exceed the total amount budgeted within the CFA Bucket Programmable Project, with such transfers and appropriations to be made from general bucket programmable balance to the receiving project's center/subproject within the CFA Bucket Programmable Project, provided, however, that such transfers and allocations shall be reported to the City Council in periodic financial reports. SECTION 3. 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 4. 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 5. This ordinance shall take effect upon adoption. APPROVED AS TO FORM AND LEGALITY: CITY SECRETARY Denis C. McElroy, Asst. City Attorney Mary J. Kayser ADOPTED AND EFFECTIVE: