HomeMy WebLinkAboutOrdinance 15679Ordinance No.
AN ORDINANCE APPROPRIATING $9,015.54 IN THE WATER AND SEWER FUND AND
DECREASING THE UNRESERVED UNDESIGNATED RETAINED EARNINGS BY THE
SAME AMOUNT FOR THE PURPOSE OF TRANSFERRING SAID FUNDS TO THE
GRANTS FUND TO MEET MATCHING REVENUE REQUIREMENTS RELATED TO
RECOVERY FROM THE STORM OF MARCH 28, 2000; PROVIDING FOR A
SEVERABILITY CLAUSE; 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 thaw amounts allocated to the various City departments for Fiscal Year 2002-2003 in the
Budget of the City Manager, there shall also be appropriations in the amount of $9,015.54 in the Water and
Sewer Fund and a decrease in the unreserved undesignated retained earnings by the same amount, for the
purpose of transferring said funds to the Grants Fund to meet matching revenue requirements related to
recovery from the storm of March 28, 2000.
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ordinances and appropriations are hereby expressly repealed.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.
APPROVED AS TO FORM AND LEGALITY
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~i<3r; C~~rty Attorney
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pity of Fort T~o~t~i, .Texas
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DATE REFERENCE NUMBER LQG NAME PAGE
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9/9/43 **(,~_~ 4082 42STORMRECON 1 of 2
SUBJECT FINAL RECONCILIATION OF CITY FUNDS FOR RECOVERY EFFORTS REBATED TO
THE STORM OF MARCN 28, 2004
RECOMMENDATION:
It is recommended that the City Council:
1. Adopt the attached appropriation ordinance increasing appropriations and decreasing retained
earnings in the Water and Sewer Fund by $9,415.54 for the purpose of providing the City's
matching revenue requirements for the storm of March 28, 2444; and
2. Adopt the attached appropriation ordinance increasing appropriations and decreasing retained
earnings in the Solid Waste Fund by $52,296.46 for the purpose of providing the City's matching
revenue requirements for the storm of March 28, 2044; and
3. Adapt the attached appropriation ordinance increasing appropriations and decreasing fund balance
in the Genera! Fund by $338,735.44 far the purpose of providing the City's matching revenue
requirements far the storm of March 28, 2404; and
4. Approve a transfer to the Grants Fund in the amount of $338,735.04 from the General Fund,
$9,415.54 from the Water and Sewer Fund, and $52,296.46 from the Solid Waste Fund.
DISCUSSION:
Immediately following the storm of March 28, 2404, City staff began undertaking actions to restore the
community to normal operations as quickly as possible. This included clearing debris from public
rights-of-way and private property, where the debris represented an immediate hazard; undertaking
emergency operations such as search and rescue, traffic control and security of high-hazard areas; and
making emergency repairs to City property andlor equipment to protect the property from further
damage.
On May 16, 2044, City Council approved M&C G-12918, which authorized the City Manager to apply for
all federal, state, andlor ofher funding sources available to the City of Fart Worth for storm recovery.
One of the most imporfanf sources of funding eventually obtained by the City was the Federal
Emergency Management Agency (FNMA) Public Assistance Program Under the program. FEMA
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On July 25. 2000, City Council approved M&C C-18163, which detailed the City~s intent to pay for non-
~~ir~~h~;~~nble storr~r costs out of the operating funds incurring the r_os`s, The ~ ~o:;ntina C.- v~sicr~~
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~'ity of .Fart T~'o~~lr, Texas
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DATE REFERENCE NtJME3ER LOG [TAME PAGE
919103 *~`G-14082 02STORMREG(JN 2 of 2
Su~~EC-r FINAL REGC7NGl~IATIC~N {~F GITY FUNDS FC}R REGt~VERY EFFORTS REBATED TC,}
THE STORM C?F MARGN 28, 2000
FlSGA~ 1NFORMATI{~N/GERTIFIGATI(~N:
The Finance Director certifies that upon approve! of the above recommendations and adoption of the
attached appropriation ordinances, funds will be available in the current operating budgets of the Water
and Sewer Fund, Solid Waste Fund, and General Fund. Sufficient estimated receipts previously had
been established in the Grants Fund (M&G G-12918, approved May 16, 2000}.
The Finance Director further certifies that upon the transfer of funds as noted in Recommendation No.
3, the undesignated unreserved fund balance in the Genera! Fund will be $31,668,209.
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