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HomeMy WebLinkAboutOrdinance 15597Ordinance No. ~ ~`~~ AN ORDINANCE INCREASING. ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE WATER CAPITAL PROJECT FUND IN THE AMOUNT OF $900,000.00 AND THE SEWER CAPITAL PROJECT FUND IN THE AMOUNT OF $900,000.00 FROM AVAILABLE FUNDS FOR THE PURPOSE FUNDING UNSPECIFIED PROJECTS; 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 Water Capital Project Fund in the amount of $900,000.00 and the Sewer Capital Project Fund in the amount of $900,000.00 from available funds for the purpose of Unspecified Projects. 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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 O AS~ FORM AND LEGALITY: Assistant City ttorney ADOPTED AND EFFECTIVE: ~ ` ~`~ ` ~ -- :;~ , ' City of Fort Worth, Texas ~ --=~~ ~-~~:r-~- ~l'IJ' Ayor And ~'aunc;l Cammunica DATE REFERENCE NUMBER LOG NAME PAGE 6/24/03 ~`*G-140.04 601NTEREST 1 of 1 SUBJECT APPROPRIATION ORDINANCE FOR WATER AND SEWER INTEREST FUNDS RECOMMENDATION: It is recommended that the City Council adopt the attached appropriation ordinance increasing estimated receipts and appropriations by~$900,000 in the Water Capital Projects Fund and $900,000 in the Sewer Capital Projects Fund from available funds from interest earnings. DISCUSSION: These funds are recommended for appropriation into Unspecified Projects. The Water Department uses the balances in Unspecified Projects to transfer to specific projects in order to provide for the preliminary work prior to the award of design and construction. contracts. ,These funds may also be used to cash-finance water and sewer .rehabilitation projects that will be competitively bid and presented to the City Council as contracts are awarded. FISCAL INFORMATION/CERTIFICATION: The Finance Director certifies that upon adoption of the attached appropriation ordinance, funds will be available in the current capital budget, as appropriated, of the Water and Sewer Capital Projects Fund. MO:r Submitted for City Manager's FUND ACCOUNT CENTER AMOUNT CITY SECRETARY Office by: (to) PW53 441012 060530159010 $900,000.00 Marc Ott 8476 PS58 441012 070580139010 $900,000.00 Originating Department Head: PW53 541200 060530159010 $900,000.00 PS58 541200 070580139010 $900,000.00 Maebell Brown (Acting) 8207 (from) . APPROVED 06/24/03 ORD.# 15597 Additional Information Contact: Maebell Brown (Acting} 8207