HomeMy WebLinkAbout(0018) QUAIL_VALLEY_PID_FY2022 budget_AO (2).PDFOrdinance No.
AN ORDINANCE INCREASING THE ESTIMATED RECEIPTS AND APPROPRIATIONS IN
THE FISCAL YEAR 2021-2022 FORT WORTH PUBLIC IMPROVEMENT DISTRICT 16 —
WALSH RANCH/QUAIL VALLEY FUND BY A TOTAL OF $867,801.01, FROM A
COMBINATION OF ASSESSMENT REVENUE AND FUND BALANCE AS INDICATED,
FOR THE PURPOSE OF FUNDING PUBLIC IMPROVEMENT DISTRICT 16 — WALSH
RANCH/QUAIL VALLEY DURING FISCAL YEAR 2021-2022; 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 2021-2022 in the
Budget of the City Manager, there shall also be increased estimated receipts and appropriations in the Fiscal
Year 2021-2022 Fort Worth Public Improvement District 16 — Walsh Ranch/Quail Valley Fund ("Fund") in the
amount of 867,801.01, from a combination of assessment revenue and fund balance, for the purpose of
funding Public Improvement District 16 (Walsh Ranch/Quail Valley) during Fiscal Year 2021-2022, allocated
as follows:
Improvement Area
Assessment Revenue
Fund Balance
Total
No.1
$454,748.52
$10,840.00
$465,588.52
No. 2
$402,212.49
-$0-
$402,212.49
$867,801.01
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 incorporated into the ordinance effecting the budget of the municipal government
of the City of Fort Worth for the ensuing Fiscal Year beginning October 1, 2021, and ending September 30,
2022, 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instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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 Ronald P. Gonzales
ADOPTED AND EFFECTIVE: