HomeMy WebLinkAbout(0010) Rec 3 AO PE CPF 30205.pdfOrdinance No.
AN ORDINANCE ADJUSTING FISCAL YEAR 2021 RECEIPTS AND APPROPRIATIONS
IN THE PUBLIC EVENTS CAPITAL FUND TO REDUCE THE FWCC MINOR
RENOVATION & REPAIR PROGRAMMABLE PROJECT (CITY PROJECT NO. P00053)
BY $600,000.00 AND REDUCE THE WRMC MINOR RENOVATION & REPAIR
PROGRAMMABLE PROJECT (CITY PROJECT NO. P00054) BY $1,054,844.00 DUE TO
LOWER -THAN -PROJECT HOTEL TAX REVENUES AND THE ELIMINATION OF
$1,654,844.00 IN CAPITAL TRANSFERS FROM THE CULTURE AND TOURISM 2%
HOTEL FUND FOR FISCAL YEAR 2021; 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-
2020, as amended, is hereby further amended to adjust receipts and appropriations in the Public Events
Capital Fund to reduce the FWCC Minor Renovation & Repair Programmable Project (City Project No.
P00053) by $600,000.00 and reduce the WRMC Minor Renovation & Repair Project Programmable Project
(City Project No. P00054) by $1,054,844.00 due to lower -than -projected hotel tax revenues and the
elimination of $1,654,844.00 in capital transfers from the Culture and Tourism 2% Hotel Fund for Fiscal Year
2021.
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 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said prior ordinances and appropriations are hereby expressly repealed.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
Assistant City Attorney
ADOPTED AND EFFECTIVE:
Jannette S. Goodall
City Secretary