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HomeMy WebLinkAboutOrdinance 16884-04-2006Ordinance No. ~ 6884-04-2006 AN ORDINANCE INCREASING ESTIMATED RECElF'TS AND APPROPRIATIONS 1N THE CONTRACT STREET MAINTENANCE FUND IN THE AMOUNT OF $659,784.25 BASED ON A RECEIVABLE FROM THE FORT WORTH TRASNPORTATION AUTHORITY FOR THE PURPOSE OF FUNDING A PORTION OF THE FY 2005-2006 STREET MAINTENANCE PROGRAM; 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 2005- 2006 in the Budget of the City Manager, there shall also be increased estimated receipts and appropriations in the Contract Street Maintenance Fund in the amount of $659,784.25 based on a receivable Pram the Fart Worth Transportation Authority to fund a portion of the FY 2005-2006 Street Maintenance 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 try a court of competent jurisdiction, Sl1Gh 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. SI=CTION 3. That this ordinance shall be cumulative of Ordinance Na. 16582 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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. APP V AST OR LEGALITY: A55iSt City orney ADOPTED AND EFFECTIVE: April 11, 2006 C~ of ~o~ VII®rfl~, ?°~xa~ COtJNC1L /-ACTION: Approved ®n 41'f 112006 -Ordinance tVo. 16884-04-2006 DATE: Tuesday, Apri! 11, 2006 LOC NAME: 20T TRANS1=06 REFERENCE NO.: **G-15156 SUBJECT: Adopt Appropriation Ordinance and Authorize Transfer of Funds from the Fort Worth Transportation Authority for the FY2005-2006 Street Maintenance Program RECOMMENDATION: It is recommended that the City Council adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the Contract Street Maintenance 1=und in the amount of $559,784.25 based on a receivable from the Fort Worth Transportation Authority (The "T"} to fund a portion of the 1=Y 2005- 2006 Street Maintenance Program. DISCI,fSSION: The "T" allocated funding in the amount of $2,639,137.00 to the City of Fart Worth for annual street improvements for FY2005-2006. This receivable is the first of four installments. Each year funds far major maintenance contracts are consolidated from the General Fund, the "T" and other funding sources to the Contract Street Maintenance Fund to keep track of annual expenditures. As contracts are developed and bids received, City staff will be coming to Council to award approximately 20 contracts 'for major maintenance for stree#s, bridges and drainage using the Contract Street Maintenance l;und. FISCAL INFORMATIONICERTIFICATION: The Finance Director certifies that upon adoption of the attached appropriation ordinance, funds will be available in the current capital budget, as appropriated, of the Contract Street Maintenance Fund. TO F~andlAccountlCenters FRAM FuncllAccountlCenters GS93 488200 02D93D578D10 X659,78425 GS93 5412D0 D2D9305780~[D $659,784.26 5uhmitted for City Manager's Office h~ Marc Ott (5122} Ori inatin De artment Head: Robert Goode (7804} Additional Information Contact: George Behmanesh (7914} Lognanrze: 20T TRANS~'Q6 Page 1 of 1