HomeMy WebLinkAboutOrdinance 21112-02-2014 Ordinance No.21112-02-2014
AN ORDINANCE INCREASING THE ESTL\4ATED RECEIPTS AND
APPROPRIATIONS IN THE GRANTS FUND IN THE AMOUNT OF $3,347.75,
FROM AVAILABLE FUNDS, FOR THE PURPOSE OF FUNDING THE
OPERATIONS OF THE FORT WORTH BUSINESS ASSISTANCE CENTER.
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 2013-
2014 in the Budget of the City Manager, there shall also be increased estimated receipts and
appropriations in n the Grants Fund in the amount of $3,347.75, from available funds, for the
purpose of funding the operations of the Fort Worth Business Assistance Center,
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 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repealed.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 J.
Kays ty e-�c t a
ry
ADOPTED AND EFFECTIVE: February 4,_201.4
City of Fort Worth, Texas
Mayor and Council Communication
COUNCIL ACTION: Approved on 2/4/2014 - Ordinance No. 21112-02-2014
DATE: Tuesday, February 04, 2014 REFERENCE NO.: **G-18119
LOG NAME: 17GUINNTRANSFER
SUBJECT:
Authorize Use of Interest in the Amount of$3,347.75 from State Grant Funds Allocated Through the
University of North Texas Health Science Center for Operational Costs of the Fort Worth Business
Assistance Center and Adopt Appropriation Ordinance (COUNCIL DISTRICT 8)
RECOMMENDATION:
It is recommended that the City Council:
1. Authorize the use of interest in the amount of$3,347.75 from State grant funds allocated to the City of
Fort Worth through the University of North Texas Health Science Center for operational costs of the Fort
Worth Business Assistance Center;
2. Authorize the transfer of interest earned from State grant fund project Fiscal Year 2008 to Fiscal Year
2013 in the amount of$3,347.75; and
3. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the
Grants Fund in the amount of$3,347.75 for the interest earned.
DISCUSSION:
On December 15, 2009, the City Council authorized the City Manager to enter into an Agreement with the
University of North Texas Health Science Center(UNTHSC)to accept and receive $700,000.00 in grant
funds from the State of Texas pursuant to S.B. 1 (General Appropriations Act, 2009-2010), 81st
Legislature, for renovations to the historic Guinn Elementary School (City Secretary Contract No. 39724,
M&C C-24002). On August 17, 2010, the City Council authorized an amendment to the Agreement to
reduce the grants funding from $700,000.00 to $665,000.00 and to allow the City to use the grant funds
for the renovation of the Guinn Elementary School and for the Business Assistance Center (BAC)
operations (City Secretary Contract No. 39724-A1, M&C C-24403).
Deposits on the grant funding during the term of the Agreement, as amended, earned interest in the
amount of$3,347.75 that has not yet been expended. The renovation of the Guinn Elementary School
has been completed. Therefore, following adoption of the attached appropriation ordinance, the remaining
earned interest funds will be used to pay for operational costs associated with the BAC.
The Guinn School property is located in COUNCIL DISTRICT 8.
FISCAL INFORMATION / CERTIFICATION:
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 Grants Fund.
Logname: 17GUTNNTRANSFER Page 1 of 2
FUND CENTERS:
TO Fund/Account/Centers FROM Fund/Account/Centers
GR76 441012 017452286000 $3,347.75 GR76 441012 017452293000 $3,347.75
GR76 539120 017452286020 $3,347.75 GR76 539120 017452286020 $3,347.75
CERTIFICATIONS:
Submitted for City Manager's Office by: Fernando Costa (6122)
Originating Department Head: Jay Chapa (5804)
Additional Information Contact: Robert Sturns (212-2663)
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