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HomeMy WebLinkAboutOrdinance 16264-01-2005Ordinance No. ~UfUdc~~ ~1 '° AN ORDINANCE INCREASING APPROPRIATIONS AND DECREASING THE UNRESERVED, UNDESIGNATED FUND BALANCE OF THE CULTURE AND TOURISM FUND IN THE AMOUNT OF $65,000, FOR THI= PURPOSE OF FUNDING A REIMBURSEMENT TO THE FORT WORTH CONVENTION AND VISITORS BUREAU; MAKING THIS ORDINANCE CUMULATIVE OF PRIOR ORDINANCES IN CONFLICT HEREWITH; AND PROVIDING AN EFFECTIVE DATE. BE IT ORDAINED BY TH1= CITY COUNCIL DF THE CITY OF FORT WORTH, TEXAS: SECTION 1. That in addition to those amounts allocated to the various City departments far Fiscal Year 200~k- 2005 in the Budget of the City Manager, there shall also be increased appropriations and a decrease in the unreserved, undesignated fund balance of the Culture and Tourism Fund in the amount of $65,000, for the purpose of funding a reimbursement to the Fort Worth Convention and Visitors Bureau. SECTION 2. That should any portion, section ar 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 ar 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 shat[ be cumulative of Ordinance Na. 16061 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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. A~'tbVED AS TO FORM AND LEGALITY: ~~-aJ~ ~~" Assistant City At rney ADOPTED AND EFFECTIVE: pity of I~®~ VVor~h, l'e~as r ~ ~~nc~1 ~rr~rnu~i~~®r~ COUNCIL ACTION: Approved on 1!1812005 -Ordinance No. 16264 DATE. Tuesday, January 18, 2005 LOG NAME: 11CVB REIM REFERENCE N®,. G-14654 SUBJECT: Adopt Supplemental Appropriations frdinance and Transfer of Funds for Payment to Fort Worth Convention and Visitors Bureau RECDMMENDATION: It is recommended that the City Council: 1. Adopt the attached supplemental appropriations ordinance increasing appropriations and decreasing the unreserved, undesignated fund balance of the Culture and Tourism Fund by $65,000; and 2. Authorize a payment of $66,000 to the Fort Worth Convention and Visitors Bureau. DISCUSSION: Based an prior budget discussions and subsequent City staff agreements with the Fort Worth Convention and Visitors Bureau {CVB), the City will reimburse the CVB $65,000, which represents co-sponsorship of the 2004 Sister Cities International Conference held in July. At a budget meeting held in 2003 during the annual budget process, members of the City Council suggested that the City utilize the Culture & Tourism Fund or fnd a method to assist with funding for this conference. This M&C transfers the funds to the Culture and Tourism Fund for this purpose and authorizes a payment of $65,000 to the CVB. FISCAL INIFDRMATIDNICERTIiFICATIDN: The Finance Director certifies upon approval of the supplemental appropriation ordinance, funds will be available in the current operating budget, as appropriated, of the Culture and Tourism Fund. TO FundlAccountlCenters FROM IMundlAccountlCenters GG04 539120 024'[000 X65,000.00 GG04 539120 0241000 65 000.00 Submitted for Git Mara er's Office b : Joe Paniagua {6191) Ori inatin De artment Head: Joe Paniagua (6199) Additional Inf©rmation Cnr~tact: Shirley Little (6910) Logname: i1CVB REIM Page 1 c,f 1