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HomeMy WebLinkAbout(0322) 2022_Bond_Program_-Developer_Contr_Fund_Kickoff_Fund_AORev.PDFOrdinance No. AN ORDINANCE ADJUSTING RECEIPTS AND APPROPRIATIONS IN THE DEVELOPER CONTRIBUTION FUND BY INCREASING RECEIPTS AND APPROPRIATIONS IN IDENTIFIED PROJECTS BY A TOTAL OF $9,676,676.00 AND DECREASING RECEIPTS AND APPROPRIATIONS IN THE JUMP START TRANSPORTATION AND PUBLIC WORKS AND PROPERTY MANAGEMENT DEPARTMENTS PROGRAMMABLE PROJECT (CITY PROJECT NO. P00099) BY THE SAME AMOUNT; AND INCREASING RECEIPTS AND APPROPRIATIONS IN THE EVERMAN PARKWAY - ROSEDALE SPRINGS LN TO CAMERON HILLS POINT PROJECT (CITY PROJECT NO. 103271) IN THE DEVELOPER CONTRIBUTION FUND BY $590,200.54 FROM AVAILABLE FUTURE IMPROVEMENTS AGREEMENT FUNDS; 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- 2021, as amended, is hereby further amended by adjusting appropriations in the Developer Contribution Fund to increase receipts and appropriations in identified projects by a total of $9,676,676.00 and to decrease receipts and appropriations in the Jump Start Transportation and Public Works and Property Management Departments programmable project (City Project No. P00099) by the same amount, with the specific projects and amounts being appropriated more fully identified as: Project Name Amount Trinity Boulevard - Phase 2 $250,000.00 Bonds Ranch Rd and Wagley Robertson Rd $250,000.00 W J Boaz Rd West Half $300,000.00 Park Vista Blvd $250,000.00 Ray White Rd South $400,000.00 Keller Hicks Rd $700,000.00 Ray White Rd North $1,400,000.00 Meacham Blvd - Phase 2 $700,000.00 Heritage Trace Pkwy 1 $2,700,000.00 Everman Parkway (grade separated crossing) $2,476,676.00 Intermodal Parkway $250,000.00 Total $9,676,676.00 SECTION 2. 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 increased receipts and appropriations in the Everman Parkway - Rosedale Springs Ln to Cameron Hills Point project (City Project No. 103271) of the Developer Contribution Fund in the amount of $590,200.54 from available Future Improvements Agreement funds. Ordinance-12-2016 Page 1 of 2 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 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 5. This ordinance shall take effect upon adoption. APPROVED AS TO FORM AND LEGALITY: CITY SECRETARY Douglas W. Black, Sr. Asst. City Attorney Mary J. Kayser ADOPTED AND EFFECTIVE: Ordinance-12-2016 Page 2 of 2