HomeMy WebLinkAbout(0063) Rec 2 - PID Budget FY21 v3.PDFOrdinance No.
AN ORDINANCE INCREASING ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE
FORT WORTH PUBLIC IMPROVEMENT DISTRICT 17 — ROCK CREEK RANCH FUND IN
THE AMOUNT OF $1,742,840.85, FROM ANNUAL INSTALLMENT REVENUES AND
AVAILABLE FUND BALANCE, FOR THE PURPOSE OF FUNDING FISCAL YEAR 2021
OPERATING EXPENSES ASSOCIATED WITH THE DISTRICT 17; 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 2020-2021 in the
Budget of the City Manager, there shall also be increased estimated receipts and appropriations in the Fort
Worth Public Improvement District 17 — Rock Creek Ranch Fund ("Fund") in the amount of $1,742,840.85,
which consists of $1,677,000.00 in annual installment revenues and $65,840.85 in available fund balance in
the administrative expense accounts, for the purpose funding Fiscal Year 2021 operating expenses
associated with the District.
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. 24446-09-2020 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said prior ordinances and appropriations are hereby expressly repealed.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