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HomeMy WebLinkAboutOrdinance 17035-07-2006Ordinance No. 17035-07-2006 AN ORDINANCE INCREASING ESTIMATER RECEIPTS AND APPROPRIATIONS IN THE SPECIALLY 1=UNDED CAPITAL PROJECTS FUND IN THE AMOUNT OF $795,536.7D 1=ROM AVAILABLE FUNDS, FOR THE PURPOSE OF FUNDING AN AGREEMENT WITH TXU ELECTRIC DELIVERY COMPANY FOR LABOR, MATERIALS AND EQUIPMENT TO PROVIDE ELECTRICAL SERVICES TO THE NEW CITY PARKING GARAGE; PROVIDING FOR A SEVERABILITY CLAUSE; MAKING THIS ORDINANCE CUMULATIVE OF PR10R ORDINANCES IN CONI=LICT HEREWITH; AND PROVID1NG AN EFI=ECTIVE DATE. i3E lT ORDAINED BY THE CITY GOUNCIL OF THE CITY OF FORT WORTH, TEXAS: SECTION 1. Tha# in addition to these amounts allocated to the various City departments for Fiscal Year 2DD5- 2©06 in the Budget of the City Manager, there shall also be increased estimated receipts and appropriations in the Specially Funded Capital Projects Fund in the amount of $795,536.7D from available funds, for the purpose of funding an agreement with TXU Electric Delivery Company for labor materials and equipment to provide electrical services to the new City Parking Garage. SECTION 2. That should any portion, section or part of a section of this ordinance be declared invalid, inoperative ar void far any reason by a court of competent jurisdiction, such decision, opinion ar 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 farce and effect. SECTION 3. That this ordinance shall be cumulative of Ordinance No. '(6582 and all other ordinances and appropriations amending the same except in these 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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. APPRO AS TO FORM AN~ALITY: ,~ ~~.~ As ' ant City me ADOPTED AND EFFECTIVE: July 11, 2006 Cii~ ®f ~`c~rt Yfi®h, ~`exas Mayor and Council Communication COUNCIL ACTION: Approved on 7'11112{306 -Ordinance No. 17034-A7-2006 & 17(}35-07-2006 DATE: Tuesday, July "l1, 2006 LOG NAIVIE: 20GARAGEPOWER REFERENCE NO.: ~~C-21546 SUBJECT: Adopt Appropriation Ordinances and Authorize Agreement with TXU Electric Delivery Company for Electrical Service to the New City Parking Garage RI=COMMENDATION: It is recommended that the City Council: 1. Adopt the attached appropriation ordinance increasing appropriations in the Culture and Tourism Fund by $795,536.70 and decreasing the unreserved, undesignated fund balance by the same amount; 2. Authorize the transfer of $795,536.70 from the Culture and Taurism Fund to the Specially Funded Capital Projects Fund; 3. Adapt the attached appropriation ordinance increasing estimated receipts and appropriations in the Specially Funded Capital Projects Fund by $795,536.70 from available funds; and 4. Authorize the City Manager to execute an agreement with TXU Electric Delivery Company, in the amount of $795,536.70 for labor, materials, and equipment to provide electrical service to the new City Parking Garage currently under design. ©ISCUSSION: On January 24, 2006, (M&C C-21271) City Council authorized a consultant agreement for the design of a new City Parking Garage immediately north of the site for the new Omni Hotel. The electrical service requirements for the garage have been determined. TXU Electric Delivery Company's price for labor, materials, and equipment necessary to provide the service is $755,536.70. This agreement needs to be executed at this time due to the long lead time associated with the delivery of the transformers needed for the new garage. The Culture and Tourism Fund is providing $5,000,000 of the financing far this projec#. Upfront payment for the cost of the electric service wi11 be made from these funds. The new garage will be physically located in COUNCIL DISTRICT 9, but will serve residents in all Council Districts. Logname: 20GARA.GE~OWER t'age 1 0~2 FISCAL iNFORMATIONlCERTIFICATION. The Finance Director certifies that upon approval of the above recommendations and adaptian of the attached appropriation ordinances, funds will be available, in the current capital budget, as appropriated, of the Specially Funded Capital Projects Fund. The unreserved, undesignated fund balance of the Culture and Tourism Fund will be $11,403,391 after this appropriation. TO 1=wndlAccountlCenters 1. G~G04 X38„_,070 024D400 795 536.70 2 3. 291 472D04 301070013680 795 535.70 ~C291 541200 301 D700136$D 795 536.7D FROM FundlAccountlCenters 2. GG04 638070 0240400 $795.536.70 4. 0291 54120D 301070013680 $795,536.70 Submitted for Cit Mana er's Office b Marc Ott (6122} ', Originating ®epartment Head: Robert Goode (7804) Additional Information Contact: Greg Simmons (7862) Logna~ne: 20GARAGEPOWER Page 2 of 2