Loading...
HomeMy WebLinkAboutOrdinance 15416Ordinance No._,,~~ _ AN ORDINANCE INCREASING ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE SPECIALLY FUNDED CAPITAL PROJECTS FUND IN THE AMOUNT OF $50,000.00 FROM AVAILABLE FUNDS FOR THE PURPOSE OF FUNDING BUILDING RENOVATIONS TO THE FORT WORTH . COMMUNITY ARTS CENTER; 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 for Fiscal Year 2002- 2003 in the Budget of the City Manager, there shall also be increased estimated receipts and appropriations in the Specially Funded Capital Projects Fund in the amount of $50,000.00 for the purpose of funding building renovations to the Fort Worth Community Arts Center. 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. 15184 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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. AP ROVED AS TO FORM AND LEGALITY: Assis nt City Attorney ADOPTED AND EFFECTIVE: I -- ~!I " ~~J City of Fort Worth, 7'exacs Mayor and Council Cor~munica#ion RECOMMENDATION: It is recommended that the City Council: 1. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the Capital Projects Reserve Fund by $50,000 from available funds; and 2. Authorize the transfer of $50,000 from the Capital Projects Reserve Fund to the Specially Funded Capital Projects Fund; and 3. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the Specially Funded Capital Projects Fund by $50,000, from available funds; and 4. Approve payments to the Arts Council of Fort Worth and Tarrant County for building renovations to the Fort Worth Community Arts Center for an amount not to exceed $50,000. DISCUSSION: The Arts Council of Fort Worth and Tarrant County has a lease agreement with the City of Fort Worth to manage and operate the Fort Worth Community Arts Center (former Modern Art Museum and Scott Theatre). On October 15, 2002 (M&C L-13424), the City Council approved an initial three-year lease agreement. Under the terms of the lease, the City will provide up to $50,000 in renovations to the facility. City staff, in conjunction with the Arts Council staff, have identified several minor repairs that need to be addressed in order to bring the facility back to complete working order. One of the items includes new signage for the facility. The Arts Council of Fort Worth and Tarrant County has agreed to coordinate completing the needed repairs with subsequent reimbursement from the City. All renovations and reimbursements will be subject to approval by City staff. Since this is a City-owned facility, it would be appropriate to fund improvements from the Capital Projects Reserve Fund. City of Fort Worth, a'exas Mayor and Council Communication DATE 1/28/03 REFERENCE NUMBER ~~G-13863 LOG NAME 02ART PAGE 2 of 2 SUBJECT APPROPRIATION ORDINANCE AND TRANSFER FROM CAPITAL PROJECTS RESERVE FUND TO THE SPECIALLY FUNDED CAPITAL PROJECTS FUND FOR BUILDING RENOVATIONS TO THE FORT WORTH COMMUNITY ARTS CENTER FISCAL INFORMATION/CERTIFICATION: The Finance Director certifies that upon approval of the above recommendation and adoption of the attached appropriation ordinances, funds will be available in the current capital budget, as appropriated, of the Specially Funded Capital Projects Fund. The cash balance of the Capital Projects Reserve Fund after this transfer will be $1,134,628. CB:k Submitted for City Manager's FUND ACCOUNT CENTER AMOUNT CITY SECRETARY Office by: (to) 1) GC10 488322 013010001000 $50,000.00 Charles Boswell 6183 1) GC10 538070 013010001000 $50,000.00 Originating Department Head: 2&3) GC35 472010 002024001000 $50,000.00 3) GC35 539120 002024001000 $50,000.00 Charles Boswell 6183 (from) APPROVED 1/28/03 2) GC10 538070 013010001000 $50,000.00 ORD. #15415 Additional Information Contact: 4) GC35 539120 002024001000 $50,000.00 ORD. #15416 Sandy Oliver 7371