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HomeMy WebLinkAboutOrdinance 20980-10-2013 Ordinance No. 20980-10-2013 AN ORDINANCE INCREASING THE ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE RISK MANAGEMENT FUND IN THE AMOUNT OF $ 453,594.82, FROM AVAILABLE FINDS DUE TO SUBROGATION RECOVERY, FOR THE PURPOSE OF TRANSFERRING SAID FUNDS TO VARIOUS FUNDS FOR THE INSURED PROPERTY AND LIABILITY LOSSES; PROVIDING FOR A SEVERABILfTY 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 shalt also be increased estimated receipts and appropriations in the Risk Management Fund in the amount of$453,594.82, from available funds due to subrogation recovery, for the purpose of transferring said funds to various funds for the insured property and liability losses. 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. 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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, ROVED FORM AND LEGALITY-. 'z Assist City to4y Mary J.Kay C y ADOPTED AND EFFECTIVE: October 7.2013