HomeMy WebLinkAboutOrdinance 20971-09-2013 Ordinance No. 2097 1-09-20 1 3
AN ORDINANCE INCREASING THE APPROPRIATIONS IN THE PARKING
GARAGE CAPITAL PROJECTS FUND IN THE AMOUNT OF $1,530,000.00, FROM
AVAILABLE FUNDS, FOR IMPROVEMENTS TO COMMERCIAL SPACE IN THE
HOUSTON STREET GARAGE; PROVIDING FOR A SEVERABILITY CLAUSE;
MAKING THIS ORDINANCE CUMULATIVE OF PRIOR ORDINANCES;
REPEALING ALL 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 2012-2013 in the
Budget of the City Manager, there shall be an increase in the estimated receipts and appropriations in the
Parking Garage Capital Projects Fund in the amount of$1,530,000.00, from available funds, for the purpose
of improvements to commercial space in the Houston Street Garage.
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 remaii-fing portions, sections, or parts of sections of this ordinance, which said remab-drig
provisions shall be and remain in full force and effect.
SECTION 3.
That this ordinance shall be cumulative of Ordinance No. 20411-09-2012 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of said prior ordinances and appropriations are hereby expressly repealed.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.
APPROVED AS TO FORM AND LEGALITY:
Assistant City Attorney Mary J. Kayh i y 'ecr I-Y
ADOPTED AND EFFECTIVE: September 24,2013
..............................111111111--- -I I
City of Fort Worth, Texas
Mayor and Council Communication
COUNCIL ,ACTION: Approved on 9/24/2013 - Ordinance No. 20971-09-2013
DATE: Tuesday, September 24, 2013 REFERENCE NO.: G-18019
LOG NAME: 20HOUSTON ST GARAGE COMMERCIAL RETAIL1
SUBJECT:
Authorize Transfer in the Amount of$1,530,000.00 from the Parking Enterprise Fund Fiscal Year 2012-
2013 Budget to the Parking Garage Capital Projects Fund for Improvements to the Commercial Space in
the Houston Street Garage and Adopt Appropriation Ordinance (COUNCIL DISTRICT 9)
RECOMMENDATION:
It is recommended that the City Council:
1. Authorize a transfer in the amount of$1,530,000.00 from the Parking Enterprise Fund
Fiscal Year 2012-2013 budget to the Parking Garage Capital Projects Fund for improvements
to the commercial space on the west side of the Houston Street Garage; and
2. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the
Parking Garage Capital Projects Fund in the amount of$1,530,000.00 from available funds.
DISCUSSION:
On February 19, 2013, the City Council authorized an initial transfer in the amount of$1,530,000.00 from
unspent bond proceeds to pay debt service thus allowing the reallocation of funds within the Parking
Enterprise Fund as the first step to complete the construction of the commercial space on the west side of
the Houston Street Garage (M&C G-17813). The commercial space in the garage has been vacant since
it opened in 2009. The vacant commercial space on the first floor has basic infrastructure but no
improvements. In order to better attract tenants, the space needs to have individual heating, ventilation,
and air conditioning units, suspended ceilings, lighting, and a common restroom. These improvements will
be more attractive to potential tenants and will greatly reduce tenant move-in renovation time.
Staff recommends as the next step in completing this project that City Council authorize a transfer in the
amount of$1,530,000.00 to the Parking Garage Capital Projects Fund from the Parking Enterprise Fund
Fiscal Year 2012-2013 budget for improvements to the commercial space on the west side of the Houston
Street Garage.
FISCAL INFORMATION /CERTIFICA"T"ION:
The Financial Management Services Director certifies that upon approval of the above recommendations
and adoption of the attached appropriation ordinance, funds will be available in the current operating
budget, as appropriated, of the Parking Garage Capital Projects Fund.
FUND CENTERS:
TO Fund/Account/C enters
Lognatne: 20HOUSTON ST GARAGE COMMERCIAL RETAILI Paget of2
P259 476059 201079990100 $1,530,000.00 FROM Fund/Account/Centers
PE59 538040 0208509 $1,530,000.00
CERTIFICATIONS:
Submitted for City Manager's Office by: Fernando Costa (6122)
Originating Department Head: Douglas W. Wiersig (7801)
Additional Information Contact: Peter Elliott (7977)
Logname: 20HOUSTON ST GARAGE COMMERCIAL RETAIL 1 Page 2 of 2