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HomeMy WebLinkAboutOrdinance 17176-09-2006Ordinance No. 17176-09-2006 AN ORDINANCE INCREASING ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE AVIATION IMPROVEMENTS CAPITAL PROJECTS FUND IN THE AMOUNT OF $617,150 FROM AVAILABLE FUNDS FOR THE PURPOSE OF FUNDING VARIOUS PROJECTS 1N THE AVIATION DEPARTMENT; PROVIDING FOR A SEVERABILITY CLAUSE; MAKING THIS ORDINANCE CUMULATIVE OF PRIOR ORDINANCES IN CONFLICT HEREWITH; AND PROVIDING AN EFFECTIVE DATE. BE IT ORDAINED BY THi=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 2006-2007 in the Budget of the City Manager, there shall also be increased estimated receipts and appropriations in the Aviation Improvements Capital Projects Fund in the amount ofi $617,150 from available funds for the purpose of funding various projects in the Aviation Department. SECTION 2. That should any portion, section or park of a section of this ordinance be declared invalid, inoperative or void fior any reason by a court of competent jurisdiction, such decision, opinion or judgment shall in no way impair the remaining portions, sections, or parts ofi sections of this ordinance, which said remaining provisions shall be and remain in full force and effect. SECTION 3. That this nrdinanoe 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in which instance said conflicting previsions of said prior ordinances and appropriations are hereby expressly repealed. SECTION 4. This ordinance shall take effect upon adoption. APP OVED AS TO FORM AND LEGALITY: ~~ Assistant City ttorney ADOPTED AND EFFECTIVE: September 26, 2006 .._ ~i ®f F®r~ c~h, 7ex~~ r~l r~i ~ COUNCIL ACTION: Approved on 9/26/2006 -Ordinance No. 17'176-09-2006 ®ATE: Tuesday, September 26, 2006 LOG NAME: 55APPROPR[ATION REI=ERENCE NO.: **G-15410 SUEJECT: Authorize the Use of Existing Revenue Derived from Natural Gas Well Leases on City Owned Airport Properties for Funding of Various Projects Related to the Aviation Department and Adopt Appropriation Ordinance m:,~_ ~: RECOMMENDATION: It is recommended that the City Council authorize the City Manager to: 1. Authorize the use of existing revenue derived from natural gas well leases an City awned airport properties far funding of various projects related to the Aviation Department as are identi#ied in the discussion section below; and 2. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations by $617,150.00 in the Aviation Improvements Capital Projects Fund from available funds. DISCUSSION: On December 20, 2005, City Council authorized (M&C C-21228) the acceptance of a lease agreement for natural gas drilling on City awned properties known as Fort Worth Spinks Airport located in Tarrant County with Faur Sevens Oil Company for atwo-year term. The net transfer to the City, less administrative fees, was $3,123,930 which was deposited in the City's Aviation improvements Capital Projects Fund and designated far general aviation improvements. The Department of Aviation desires to use a portion of this revenue far funding of the projects listed below: Requested Spinks ATCT Change Order $96,500.00 Aviation Vehicle Replacement: Electrical Van $26,500.00 Full Size SUV {2) $58,000.00 314 Ton Pickup (diesel) $26,500.00 1 Ton Pickup (extended cab, diesel) $34,650.00 Minor 1=quipment $25,000.00 Establishment of 10% Fund Balance 350 000.00 Total $617,'! 50.Q0 Lagzaaxne: 55APPRC3PRIATION Page 1 of 2 FISCAL INFORMATIONICERTIFICATION: The Finance ©irectnr certifies that upon approval of the above recommendations and adoptinn of the attached appropriation ordinance, funds will be available in the current capital budget, as appropriated, of the Aviation lrrrprovemenfis Capital Project Fund. TO FundlAccountlCenters FROM FundlAccountlCenters GC24 446100 055240439020 $617'.150.00 GC24 539120 055240439020 $617,150.OD Submitted for Ci Mana er's Office b Marc Ott {8476) Orig~nati~Department Flead: Mike Feeley {871-54D3) Additional Information Contact: Mike Feeley {871-54Q3) Logname: 55APPROPRIATfON Page 2 of 2