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HomeMy WebLinkAbout2020/12/01-Attachments-Rec 5 FY21 AO 40103.PDFOrdinance No. AN ORDINANCE REALLOCATING RECEIPTS AND APPROPRIATIONS IN THE VENUE DEBT SERVICE FUND TO REFLECT REVISED SOURCE OF TRANSFER IN OF $2,219,021.00; 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 the budget of the City of Fort Worth for Fiscal Year 2020-2021, as enacted by Ordinance 24446-09- 2020, is hereby further amended to make the following adjustments to the Culture and Tourism Debt Service Fund: revise transfers in to reflect that $2,219,021.00 is coming from DFW Revenue Share Fund instead of the Venue Operating Fund to address financial impacts of COVID-19 pandemic. 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 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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 Denis C. McElroy, Asst City Attorney Mary J. Kayser ADOPTED AND EFFECTIVE: