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HomeMy WebLinkAboutOrdinance 16287-02-2005Ordinance Na. G ~~ ^~~~ ~~ AN ORDINANCE INCREASING ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE CONTRACT STREET MAINTENANCE FUND IN THE AMOUNT OF $10,966,113 FROM AVAILABLE FUNDS FOR THE PURPOSE OF FUNDING A PORTION OF THE FISCAL YEAR 2004-2005 STREET MAINTENANCE PROGRAM; 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 amaunts allocated to the various City departments for Fiscal Year 2004- 2005 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 $10,965,113 from available funds for the purpose of funding a portion of the FY 2004-2005 Street Maintenance Program. sECTION x. 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 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 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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 adaptian_ APP D AS T QRM AND LEGALITY: 5sistant ~ y Att ADOPTED AND EFFECTIVE: C~t~ ®f F~r~ V~Iort~h, ~e.~~s Mayor and Council Communication COUNCIL ACTI©N: Approved on 21$12DD5 -Ordinance Nos. 16286-02-2005 and 162$7-02-2005 DATE: Tuesday, February 08, 2005 LOG NAME: 20TRANSFER REFERENCE N©,. G-14677 SUBJECT: Adopt Appropriation Ordinances and Authorize Transfer caf Funds from the Special Assessm~,rits Fund and the Contract Street Maintenance Fund for the FY2004-2005 Street Maintenance Program RECOMMEN©ATION: It is recommended that the City Council 1. Authorize the City Manager to transfer $9,968,113.00 from the General Fund to the Contract Street Maintenance Fund; 2. Adapt the attached appropriation ordinance increasing estimated receipts and appropriations in the Special Assessments Fund in the amount of $1,000,000.00 from available funds; 3. Authorize the transfer of $1,00.0,000.00 from the Special Assessments Fund to the Contract -Street Maintenance Fund; and 4. Adapt the attached appropriation ordinance increasing estimated receipts and appropriations in the Contract Street Maintenance Fund in the amount of 10,988,113.00 from available funds to fund a portion of the FY2004-2005 Street Maintenance program. DISCUSSION: In ttie FY2004-2005 budget cycle, $9,968,113 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 Stree# Maintenance Fund to keep track of annual expenditures. As contracts are developed and bids received, staff will be coming to Council to award approxima#ely 20 contracts for major maintenance for streets, bridges and drainage using the Contract Street Maintenance Fund. I~ISCAL INFORMATIONICERTIFICATION: The Finance ©irectar 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. TO FundlAccountlCenters 1 &4 GS93 472D01 D2D930578010 $9.966 113.D0 2)G594 488(132,,,,,Q20940099050 $1.000.OOOAO 2 GS94 53807D 02D940099050 $1.OQ11„D©O.flD 3&4}GS93 4720J4 D2D93057801 D $1 AOO.OOO.DO FROM 1=undlAccountlCenters 1)GG01 538070 0202002 $8.884.313.00 '!)GG01 53807 0202003 1)GG01 538070 0202004 3}GS94 538070 020940D99050 $750,000.00 331 800.00 1 000 000.00 T nrTnama• 7f1'rR S?~TCRT-1T? r+ r., ~GS93 472D01 D2093057801D ~9.966,113.DD 4?GS93 541200 D2D930a7$D10 $1D.966.113.DD 5ubrnitted for Ci Mana er's Office b M~r'c Ott (8476) ~ri4inating Department Head: Robet# Goode (78Q4) Additional Information Contact: George Behmanesh {7914} . :~~ :w Y ,. „r.,..... ~~,-... ri ,. ,. ,.