HomeMy WebLinkAbout(0028) 60WATERIFTRANSFERFY2021_56003_R1 revised.PDFOrdinance No.
AN ORDINANCE INCREASING ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE
WATER IMPACT FEE FUND IN THE AMOUNT OF $13,563,825.00 FROM AVAILABLE
FUNDS FROM THE WATER/WASTEWATER WHOLESALE IMPACT FEES AND
WATER/WASTEWATER RETAIL IMPACT FEES PROJECTS FOR THE PURPOSE OF
TRANSFERRING TO THE WATER PRIORITY LIEN DEBT SERVICE FUND TO
REIMBURSE IMPACT FEE ELIGIBLE DEBT PAYMENTS; 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 Water
Impact Fee Fund in the amount of $13,563,825.00 from available funds from the Water/Wastewater
Wholesale Impact Fees and Water/Wastewater Retail Impact Fee projects for the purpose of transferring to
the Water Priority Lien Debt Service Fund to reimburse impact fee eligible debt payments made from other
system revenues..
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said prior ordinances and appropriations are hereby expressly repealed.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:
Douglas W Black
Sr Assistant City Attorney
Mary J. Kayser
City Secretary
ADOPTED AND EFFECTIVE: