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HomeMy WebLinkAboutOrdinance 16939-05-2006Ordinance Na. 16939-D5~2DD6 AN ORDINANCE INCREASING ESTIMATED RECEIPTS AND APPROPRIATIONS IN TWE CONTRACT STREET MAINTENANCE FUND IN THE AMOUNT OF $659,784.25 BASED ON A RECEIVABLE FROM THE FORT WORTH TRANSPORTATION AUTHORITY, FOR THE PURPOSE OF FUNDING A PORTION OF THE 1'ISCAL YEAR 2005-2006 STREET MAINTENANCE PROGRAM; PROVIDING FOR A SEVERABILITY CLAUSE; MAICWG 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 an a receivable from the Fort Worth Transpartatian Authority, for the purpose of funding a portion of the Fiscal Year 2005-2006 Street Maintenance Program. SECTIDN 2. That should any portion, section or part of a section of this ordinance be declared invalid, inoperative or void far any reason by a court of competent jurisdiction, such decision, opinion or judgment shall in no way impair the remaining portions, sections, or parks 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 No. 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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, ADOPTED AND EFFECTIVE: May 16, 2006 This ordinance shall take effect upon adoption. Gib ®f Fart W~-~h, ~ex~s yr rid un~~ r~nrnitin COUNCIL ACTION: Approved on 5!'1612006 -Ordinance No. 16939-05-2D06 DATE: Tuesday, May 16, 2006 LOG NAME: 20T TRANS06-2 REFERENCE NO.: ~'*G-'15198 SUBJECT. Adopt Appropriation Ordinance and Authorize Transfer of Funds Pram the Fort Worth Transportation Authority far the FY2005-2006 Street Maintenance Program RECOMIifIENDATION: It is recommended that the City Council adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the Contract Street Maintenance Fund in the amount of $659,784.25 based on a receivable from the Fort Worth Transportation Authority (The "T"} to fund a portion of the FY 20D5- 2006 Street Maintenance Program. DISCUSSION: The "T" allocated funding in the amount of $2,639,137.OD to the City of Fort Worth for annual street improvements for FY20D5-2046. This receivable is the second of four installments. Mach year funds for 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 streets, bridges and drainage using the Contract Street Maintenance Fund. t*ISCAL INFDRMATIONlCERTIFICATION: 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 lF€~ndlAccountlCenters I=ROt4!! FundlAccountlCenters GS93 488200 02D930578090 $659.784.?_5 GS93 649200 020930578090 $659,784.25 Sc~lsrnitted for City IVlanac~er's Office bye Marc Ott (6122} ®ri inatin De artment Head: Robert Goode (7804) Additional Inforrt~atian Contact: George Behmanesh (7914) Lagname: 20T T1tANS06T2 Page t of t