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HomeMy WebLinkAboutOrdinance 16286-02-2005Ordinance No. 1 ~~~~~ ~~' ~ "~~~~ AN ORDINANCE INCREASING ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE SPECIAL ASSESSMENTS FUND IN THE AMOUNT OF $1,000,000 FROM AVAILABLE FUNDS FOR THE PURPOSE OF FUNDING A TRANSFER OF FUNDS TO THE CONTRACT STREET MAINTENANCE FUND; MAKING THIS ORDINANCE CUMULATIVE OF PRIOR ORDINANCES IN CONFLICT HEREWITH; AND PROVIDING AN I~FFECTIVI= DATE. BE IT ORDAINED BY THE CITY COUNCIL OF THE C1TY OF FORT WORTH, TEXAS: SECTION 1. That in addition to those amounts allocated to the various City departments for Fiscal Year 200A-- 2005 in the Budget of the City Manager, there shall also be increased estimated receipts and appropriations in the Special Assessments Fund in the amount of $1,000,000 from available funds for the purpose of funding a transfer of funds for the Contract Street Maintenance Fund. 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 No. 16061 and all ether 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in which instance said conflicting provisions of said prier ordinances and appropriations are hereby expressly repealed. S1;CTION 4. This ordinance shall take effect upon adoption. APPR D AS O FO M ND L ITI~---~--~ As ~ tant Cit Atto ADOPTED AND EFFECTIVE: ~, I ~~~ ~~ fy o f F~a-~ 1 ~Iort~, Texas Mayor and Council Communication COUNCIL ACTION; Approved on 2l81200v - Urdlnance Nos. 16286-02-2005 and 16287-02-2005 DATE: Tuesday, February 08, 2005 LUG NAIVIE: 2QTRANSFER REFERENCE NU.: G-14fi77 SUBJECT: • Adopt Appropriation ordinances and Authorize Transfer of Funds from the Special Assessm~;nts Fund and the Contract Street Maintenance Fund for the 1='Y2Q04~2005 Street Maintenance Prag~ram REC©iVIMEN©ATION: It is recommended that the City Council 1. Authorize the Gity Manager to transfer $9,966,113.00 from the General Fund to the Contract Street Maintenance Fund; 2. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the Special Assessmen#s Fund in the amount of $1,000,000.00 from available funds; 3. Au#horize the transfer of $1,000,000.00 from the Special Assessments Fund to the Contract Street Maintenance Fund; and 4. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the Contract Street Maintenance Fund in the amount of 10,966,113.00 from available funds to fund a portion of the FY2004-2005 Street Maintenance program. ©ISCUSSIUN: In the FY2004-2005 budget cycle, $9,958,113 was allocated for the Contract Major Maintenance Program from the General Fund and $1,000,000 from the Special Assessments Fund. Each year funds for major maintenance contracts are consolidated from the General Fund and other funding sources to the Contract Street Maintenance Fund to keep track of annual expenditures. As contracts are developed and bids received, staff will be coming to Council to award approximately 20 contracts for major maintenance fnr streets, bridges and drainage using the Contract Street Maintenance Fund. FISCAL INFURMATIUNlCERTIFICATI(3N: The Finance Director certifies that upon completion of the above recommendations and adoption of the attached appropriation ordinances, funds will be available in the Contract Street Maintenance Fund for the Contract Major Maintenance Program projects. TU FundlAccountlCenters 114}G5S3 472aa1 02n93n578D1q $9,986.113.Oa 2~GSSa 4saoa2,,,,,,oa€~~~ogssosn ~i.nao.aoa.oa z Gssa 53aa7a a2ag4nassosa $1,naa.aao.oa 3&4 GS93 472x84 a2a93a578nia $1.aaa.Q00.aa FRUIIA FundlAcc€~untlCenters 1)GGai 538a7a, fl202002, i~G~ni ~3sn7n a2nzoos ~~~ ~3aa~n a2azaa4 3}GS84 b38n7a a2a84aa89a5a ~s.asa.313.aa ~7~a.oan.aa ~331.ann.aa 1 aaa nan.na Tnrrw,amc~•')!1'r'1?A~TC~R1? n r., 4)G593 472001 020830578010 $9,966,113.00 4)GS93 541200 020930578010 10 866 113.00 Submitted for City Manager's Office I,y: Marc Ott (847'6) Ori inatin De artment Head: i~obert Goode (7804) Additionai Information Contact: George i3ehrnanesh (7914) ;'~ '. .