Loading...
HomeMy WebLinkAboutOrdinance 17232-10-2006Ordinance No. 17232-10-2006 ................ AN ORDNANCE INCREASING ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE RENTAL REHABILITATION FUND IN THE AMOUNT OF $35,569 FROM A TRANSFER FROM THE 13ANDLEY MODEL BLOCK PROGRAM GRANT FUND, FOR THE PURPOSE OF FUNDING A REIMBURSEMENT TO THE U.S. DEPARTMENT OP HOUSING AND URBAN DEVELOPMENT FOR AN INELIGIBLE EXPENDITURE; PROVIDING FOR A SEVERABILITY CLAUSE; MAKING THIS ORDINANCE CUMULATIVE OF ARIOR ORDINANCES IN CONFLICT HEREWITH; AND PROVIDING AN EFFECT[VE DATE. BE l7' ORDAINED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH, TEXAS: SECTION I. 'c'hat 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 Rental Rehabilitation Fund in the amount of $35,569 from a transfer from the Grants Fund, the Handley Model Block project, for the purpose of funding a reimbursement to the U.S. Department of blousing and Urban Development for an ineligible expenditure. SECTION 2. That should any portion, section ar part afa section of this ordinance be declared invalid, inoperative nr void for any reason by a court of competent jurisdiction, such decision, opinion or judgment shalt 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 sha31 be cumulative of Ordinance No. 16582 and alI other ordinances and appropriations amcnding.the same except in those instances where the provisions ofthis ordinance are indirect 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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 ND LEGALITY: Assistant City Attorney ADOPTED AND EFFECTIVE: October I0, 2006 --- Cif ®f F®~t 1~/®r~tfi, Texas Mayor and Council Communication COUNCIL ACTION: Approved on 10/10/2006 -Ordinance No. 17232-10-20x6 DATE: Tuesday, October 9 D, 2006 L®G NAME: 05WAGNERC REFERENCE NO.: G-16443 SUBJECT: Adapt Appropriation Ordinance and Authorize Reimbursement to the City`s Line of Credit with the U. S. Department of Housing and Urban Development from the Rental Rehabilitation Fund RECOMMEN©ATiON: It is recommended that the City Council: 9. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the Rental Rehabilitation Fund by $35,559.00 from Program Income currently available in the fund; and 2. Approve the reimbursement of $35,569.00 to the U.S. Department of Housing and Urban Development (HUD) for ineligible expenditures; and 3. Increase the appropriation of the Grants Fund by $35,569, contingent upon the HOME fine of credit being increased by the U.S. Department of Housing and Urban Development. ©1SClJSSI®N: In 2004, Deloitte and Touche LI_P, as part of that year's single audit, conducted a review of the Handfey Model Black Program which is partly funded with HOME Investment Partnership grant funds, received from the U.S. Department of Urban Development (NUD). The review revealed that a property owner participating in the Home Improvement Program (HIP) exceeded the HUD family income guidelines. Appropriate procedures have been implemented to avoid future occurrences. This amount, $35,569, will be reimbursed from the City's Rental Rehabilitation Program which is considered anon-federaf source. While this expenditure has not been deemed as an ineligible expenditure by HUD, City staff is recommending the return of these funds to ensure full compliance with the regulations. Lognazxre: 05WAGNERC Page X of 2 FISCAIw INFORMATIONICERTIFICATION: The Finance Director certifies that upon approval of the above recarnrrtendations and adnptinn of the attached appropriation ordinance, funds will be available in the current operating budgets, as appropriated, of the Rental Rehabilitation Fund and Grants Fund, and will have no impact to the General Fund. T© FundlAccountlCenters GR92 451685 005206078000 ~35,569A0 GR92 539120 00520fi07$040 $35.569.00 GR76 459727 005206772000 35 569.00 GR76 539120 005206772990 $35,569,. FROM FundlAccountlCenters GR92 539'120 005206078040 $35,569.00 Submitted for City Manager's Office bX: Daie Fisseler {5140} Orir~inating ®e~artment Head: Jerome Walker (7537) Additional Information Contact: Carl Wagner {7374} Lagname: 05WAGNi/RC Page 2 of 2