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HomeMy WebLinkAboutOrdinance 25030-09-2021 Ordinance No.25030-09-2021 AN ORDINANCE INCREASING ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE WATER AND SEWER FUND IN AN AMOUNT UP TO $545,000.00, FROM AVAILABLE FUNDS, FOR THE PURPOSE OF TRANSFERRING TO THE WATER AND SEWER CAPITAL PROJECTS FUND FOR THE FUNDING THE LAKE WORTH INFRASTRUCTURE PROGRAMMABLE PROJECT (CITY PROJECT NO. P00101), 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 and Sewer Fund in an amount up to$545,000.00, from available funds, for the purpose of transferring to the Water and Sewer Capital Projects Fund for funding the Lake Worth infrastructure programmable project(City Project No. P00101) by the same amount. 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 orjudgment 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which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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 e899r, A""P Mack(Sep 17,202116:43 CDT) Douglas W Black Ronald P.Gonzales Sr.Assistant City Attorney Acting City Secretary �� F 0RT A, ADOPTED AND EFFECTIVE: September 14,2021 U `.� � '2 �XAS e ,a rrt wdo wM waauH 3nb p �y F o 4 � 3 3 � m c a m"wi rs '1r C Q ry m $ / co U,yiEso°v rr° �°,`c vappe TA~ 0 � T,P,TO z ul Pw3 O "ti� T ➢ ty Vl aa+wNS � , � a Cl) Q �yaMgp0,0! ,� H1'F w4Y r Q � � � e . a..nF s r,lM-a Ow pii utry M.—H U y d 3 uj > g J Vl esa04.6 Q 5! Hl Ww... K Cl) LO g 0 n 9 � nf sa 2 r o�o w �.m �0 N wig _ 8� o ���.� CD U E W B J W O R Z ft _ 0 Z s N O N C $ _ °' Y 9. � y (d E f J 06 E u S '4 .. 0 CO w of `uS w o1u JN 04 3� W o 'o > m u �oyy 2 � f aLLI a � oa med w Q LL owma $ co co i r< swrc s'uQ n=�- '�•^ ��� Qom LLU o 5 A � urc o�iu _ w R #+8 y a City of Fort Worth, Texas Mayor and Council Communication DATE: 09/14/21 M&C FILE NUMBER: M&C 21-0686 LOG NAME: 602021 WTRANSFER LAKEWORTH LOT SALE REVENUES SUBJECT (CD 7)Authorize Acceptance of Funds from the Sale of Platted Lake Worth Lots in the Amount Up to$545,000.00,Authorize the Use of Funds from the Water and Sewer Fund in an Amount Up to$545,000.00 for the Purpose of Transferring to the Water and Sewer Capital Projects Fund and Adopt Attached Appropriation Ordinances RECOMMENDATION: It is recommended that the City Council: 1. Accept funds in the amount up to$545,000.00 from the sale of platted Lake Worth lots to Lessees authorized by Mayor and Council Communication L-15964; 2. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the Water and Sewer Fund in an amount up to$545,000.00,from available funds,for the purpose of transferring to the Water and Sewer Capital Projects Fund for funding the Lake Worth infrastructure programmable project;and 3. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the Water and Sewer Capital Projects Fund in an amount up to$545,000.00 transferred from available funds within the Water and Sewer Fund,for the purpose of funding the Lake Worth infrastructure programmable project(City Project No. P00101). DISCUSSION: This Mayor and Council Communication(M&C)is to authorize the use of an amount up to$545,000.00 from the Water and Sewer Fund transferred to the Water and Sewer Capital Projects Fund for funding the Lake Worth Infrastructure programmable project in and around Lake Worth.The amount of funds being transferred represents Fiscal Year(FY)2021 revenues from the sale of platted Lake Worth lots to lessees authorized by Council action on M&C L-15964 on November 8,2016. Revenue is deposited into the Trust Fund,which has since been closed, and the Lake Worth lots were recorded as an asset in the Water and Sewer Fund at the time of Lake Worth's creation. This project is located in COUNCIL DISTRICT 7. A Form 1295 is not required because:This M&C does not request approval of a contract with a business entity. FISCAL INFORMATION/CERTIFICATION: The Director of Finance certifies that upon approval of the above recommendations and adoption of the attached appropriation ordinances,funds will be deposited into the Water and Sewer Fund and transferred to the W&S Capital Projects Fund as appropriated. The Water Department(and Financial Management Services)is responsible for the collection and deposit of funds due to the City. Prior to any expense being incurred,the Water Department has the responsibility to validate the availability of funds. Submitted for City Manager's Office b. Dana Burghdoff 8018 Originating Business Unit Head: Chris Harder 5020 Additional Information Contact: Norma Naylor 2748