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HomeMy WebLinkAboutOrdinance 17259-11-2006Ordinance No. 1 7259-1 1-2006 AN ORDINANCE INCREASING ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE CONTRACT STREET MAINTENANCE FUND IN THE AMOUNT OF $659,784.25 BASED ON A RECEIVABLE FROM THE FORT WORTH TRASNPORTATION AUTHORITY FOR THE PURPOSE OF FUNDING A PORTION DF THE FY 2005-2{}06 STREET MAINTENANCE PRDGRAM; MAKING THIS ORDINANCE CUMULATIVE OF PRIOR 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 far Fiscal Year 2006- 2007 in the Budget of the City Manager, there shall also be increased estimated receipts and appropriations in the Contract Street Maintenance Fund in the amount of $659,784.25 based an a receivable from the Fort Worth Transportation Authority to fund a portion of the FY 2005-2006 Street Maintenance program. SECTION 2. That should any portion, section or part of a section of this ordinance be declared invaiid, 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 No. 17142 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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. ADOPTED AND EFFECTNE: November 7 2006 This ordinance shalt take effect upon adoption. City ®f F® VV~rthq Te~ras r ~~ i COUNCIL ACTI{3N: Approved on 1117!2006 -Ordinance No. 17259-11 W2Q©6 ®ATE: Tuesday, November 07, 2006 LOG NAME: 20T TRANS06-4 REFERENCE NO.. ~~G-15476 SUBJECT; Authorize Transfer of Funds from the Fort Worth Transportation Authority for the FY2005-2006 Street Maintenance Program and Adopt Appropriation Ordinance ~:._~ RECOMMENDNTION: It is recommended that the City Council adapt the attached appropriation ordinance increasing estimated receipts and appropriations in the Contract Street Maintenance Fund in the amount of $659,784.25 based an a receivable from the 1=art Worth Transportation Authority (The "T") to fund a portion of the FY 2Q05- 2006 Street Maintenance Program. DISCUSSION. The "T" allocated funding in the amount of $2,639,137.00 to the City of Fort Worth for annual street improvements for FY2005-2005. This receivable is the fourthlfinai of four installments. Each year funds for major maintenance contracts are consolidated from the General Fund, the "T" and other funding sources to the Contract Street Maintenance Fund to keep track of annual expenditures. As contracts are developed and bids received, City staff will be taming to Council to award approximately 20 contracts for major maintenance for streets and bridges using the Contract Street Maintenance Fund. FISCAL INFORMATIONICERTIFICr4,TION: The Finance Director certifies that upon adoption of the attached appropriation ordinance, funds will be available in the current capital budget, as appropriated, of the Contract Street Maintenance 1=und. T® FundlAccountlCenters FROM FundlAccountlCenters GS93 488200 D2D9305780'IO X659,784.25 GS93 5412DE} D2D93D578490 $659,784.25 Submitted for City Manager's Offiee_ ~ Marc Ott (8476) Originating ^epartment Head: Robert Goode (7804) Additional Inforrrration Contact: George Behmanesh (7914) Logr~arne; 20T TRA.NS06-4 Page 1 of 1