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HomeMy WebLinkAboutOrdinance 21056-12-2013 Ordinance No. -21056-12-2013 AN ORDINANCE INCREASING THE ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE GRANTS FUND IN THE AMOUNT OF $1,000,000.00, SUBJECT TO RECEIPT OF A GRANT FROM THE STATE OF TEXAS THROUGH THE UNIVERSITY OF NORTH 'TEXAS HEALTH SCIENCE CENTER, FOR THE PURPOSE OF OPERATING THE FORT WORTH BUSINESS ASSISTANCE CENTER AS WELL AS RENOVATIONS AND UPKEEP OF BUILDINGS ON THE GUINN ELEMENTARY SCHOOL CAMPUS;PROVIDING FOR A SEVERABILITY CLAUSE; MAKING THIS ORDINANCE CUMULATIVE OF PRIOR ORDINANCES; REPEALING ALI.,ORDINANCES IN CONFLICT HEREWITH; AND PROVIDING AN EFFECTIVE DATE. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH, TEXAS: SECTION I That in addition to those amounts allocated to the various City departments for Fiscal Year 2013-2014 in the Budget of the City Manager, there shall also be increased estimated receipts and appropriations in the Grants Fund in the amount of $1,000,000.00, subject to receipt of a grant from the State of Texas through the University of North Texas Health Science Center, for the purpose of operating the Fort Worth Business Assistance Center as well as renovations and upkeep of'buildings on the Guinn elementary school campus. 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. 20952-09-2013 and all other ordinances and appropriations amending the same except in those u1starices 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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: x, �/-,/ty Cis( crery eta Mary J Deputy City Attorney ADOPTED AND EFFECTIVE: December 10, 2013 City of Fort worth, Texas Mayor and Council Communication !COUNCIL ACTION: Approved on 12/10/2013 - Ordinance No. 21056-12-2013 DATE: Tuesday, December 10, 2013 REFERENCE NO.: C-26595 LOG NAME: 17UNTHSC-BAC13 SUBJECT: Authorize Execution of Agreement with the University of North Texas Health Science Center at Fort Worth to Accept a Grant in the Amount of $1,000,000.00 from the State of Texas for Operations of the Fort Worth Business Assistance Center as well as Renovations and Upkeep of Buildings on the Guinn Elementary School Campus and Adopt Appropriation Ordinance (COUNCIL DISTRICT 8) RECOMMENDATION: It is recommended that the City Council: 1. Authorize the execution of an Agreement with the University of North Texas Health Science Center at Fort Worth to accept and receive grant funds from the State of Texas in the amount of $1,000,000.00 (the amount of $500,000.00 during the State's current Fiscal Year of September 1, 2013 to August 31, 2014 and the amount of$500,000.00 in the State's Fiscal Year of September 1, 2014 to August 31, 2015) for operation of the Fort Worth Business Assistance Center as well as renovations and upkeep of buildings on the Guinn Elementary School Campus; and 2. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the Grants Fund in the amount of$1,000,000.00 over the current and next fiscal years, subject to receipt of the grant funds. DISCUSSION: Beginning with the 79th Legislature of the State of Texas (2005), the State's biennial General Appropriations Act has appropriated the amount of$3.1 million to the University of North Texas Health Science Center (UNTHSC) for joint economic development and technology commercialization activities of UNTHSC, TECH Fort Worth and the City of Fort Worth for renovations at the Guinn School Campus and Business Assistance Center operations. In the 83rd Legislature (2013), the State approved grant funding in the amount of $3,410,000.00 for the partnership between the City and UNTHSC for the two years beginning September 1, 2013. Of this grant, the amount of$2,410,000.00 has been appropriated to UNTHSC and TECH Fort Worth and the remaining amount of$1,000,000.00 is allocated to the City during this biennium to be received in two installments. For the State's current fiscal year, which ends August 31, 2013, the City will receive the amount of $500,000.00. The second installment in the amount of $500,000.00 will be disbursed next year during the State's 2014 Fiscal Year. These funds will be used to administer the Fort Worth Business Assistance Center program, and fund the Fiscal Year 2014 contract with the BAC Education Board for the Idea Works Business Incubator to be housed in the elementary building at the historic James E. Guinn Campus. The Guinn School property is located in COUNCIL DISTRICT 8, Mapsco 77J. Logname: 1.7IJNTFISC-BAC13 Pagel of 2 FISCAL INFORMATION / CERTIFICATION: The Financial Management Services Director certifies that upon approval of the above recommendations, receipt of the grant and adoption of the attached appropriation ordinance, funds will be available in the current operating budget, as appropriated, of the Grants Fund. FUND CENTERS: TO Fund/Account/Centers FROM Fund/Account/Centers 2) GR76 5XXXXX 01 7452286XXX $350,000.00 2) GR76 5XXXXX 017452286XXX $450,000.00 2) GR76 451954 017452286000 $350,000M 2) GR76 451954 017452286000 $450,000.00 CERTIFICATIONS: Submitted for City Manager's Office by: Fernando Costa (6122) Originating Department Head: Jay Chapa (5804) Additional Information Contact: Robert Sturns (8172122663) Logname: 17UN'FHSC-BAC13 Page 2 of 2