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HomeMy WebLinkAboutOrdinance 25550-06-2022 ORDINANCE NO.25550-06-2022 AN ORDINANCE INCREASING ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE GRANTS OPERATING OTHER FUND,SUBJECT TO RECEIPT OF THE GRANT, IN THE AMOUNT OF $701,243.96, FOR THE PURPOSE OF FUNDING THE TXU ENERGY AID PROGRAM;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 Operating Other Fund, subject to the receipt of the grant, in the amount of$701,243.96, for the purpose of funding the TXU Energy Aid Program. 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 25073-09-2021 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which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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 Jannette S.Goodall(Jun 16,202215:01 CDT) Assistant City Attorney Jannette S. Goodall City Secretary `V Qj ADOPTED AND EFFECTIVE: June 14,2022 T �� ..... . .�-� City of Fort Worth,Texas Mayor and Council Communication DATE: 06/14/22 M&C FILE NUMBER: M&C 22-0451 LOG NAME: 19TXU ENERGY AID 2022 SUBJECT (ALL)Ratify Extension of the 2015-2020 Agreement with TXU Energy Retail Company, LLC for its Energy Aid Program to Extend the term to December 31,2021,Authorize Execution of a New Agreement in an Amount Up to$700,000.00 for the TXU Energy Aid Program from January 1, 2022 through December 31,2027, and Adopt Attached Appropriation Ordinance RECOMMENDATION: It is recommended that the City Council.- 1. Ratify the extension of the 2015-2020 Agreement with TXU Energy Retail Company, LLC for its Energy Aid Program to extend the term of the Agreement to December 31,2021; 2. Authorize the acceptance of interest earned for the advanced funds in the amount of$1,243.96; 3. Authorize the execution of a new Agreement with TXU Energy Retail Company, LLC in an amount up to$700,000.00 for the Energy Aid Program from January 1,2022 through December 31,2027;and 4. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the Grants Operating Other Fund,subject to receipt of the grant,in the amount of$701,243.96,for the purpose of funding the TXU Energy Aid Program. DISCUSSION: TXU Energy Retail Company, LLC. (TXU Energy), has developed the Energy Aid Program as a supplement to government and community aid programs designed to assist persons in financial distress to meet their energy-related costs. Since 2004,the City of Fort Worth Neighborhood Services Department's Community Action Partners Program, an Energy Aid Program recipient, has received funds from TXU Energy to assist low-income TXU Energy customers with their electric bills. On April 07,2015, (M&C C-27257)the City Council authorized an agreement with TXU Energy in an amount up to$700,000.00,which ended on December 31,2020.The Energy Aid Program has been extended through December 31,2021.Therefore,staff requests approval to extend the term of the City's arrangement with TXU Energy to December 31, 2021 to coincide with the extended term of the program.To avoid untimley agreement renewals, NSD staff will monitor the terms in PeopleSoft's reporting module. Additionally, Staff requests authorization for the execution of a new contract with TXU Energy in the amount up to$700,000.00 for the Energy Aid Program from January 1, 2022 through December 31, 2027. During the period of April 2015 to March 31, 2022, the City received a total amount of$425,000.00 from TXU Energy in the form of advanced funds.These funds earned interest earnings of$1,243.96 which need to be appropriated by the City for the program. A total of 1,319 Tarrant County households have been assisted under this program with grant funds totaling$380,002.11. It is projected that under the new agreement,up to 3,000 qualified households will receive assistance. This program serves ALL COUNCIL DISTRICTS and remaining parts of Tarrant County. A Form 1295 is not required because: This contract will be with an electric utility:TXU Energy Retail Company,LLC FISCAL INFORMATION/CERTIFICATION: The Director of Finance certifies that upon approval of the above recommendations,and adoption of the attached appropriation ordinance, funds will be available in the current operating budget,as appropriated, in the Grants Operating Other Fund.The Neighborhood Services Department(and Financial Management Services)will be responsible for the collection and deposit of funds due to the City.Prior to expenditures being incurred, Neighborhood Services has the responsibility to validate the availability of funds.This is an advance grant. Submitted for City Manager's Office by. Fernando Costa 6122 Originating Business Unit Head: Victor Turner 8187 Additional Information Contact: Sonia Singleton 5774 Benedict George 7339