HomeMy WebLinkAbout28086-10-2025 - City Council - OrdinanceOrdinance No.28086-10-2025
AN ORDINANCE INCREASING ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE
WATER AND SEWER FUND IN THE AMOUNT OF $72,939.50, FROM AVAILABLE NET POSITION,
FOR THE PURPOSE OF PAYING THE REMAINDER OF THE COSTS OF ISSUANCE, WITH SUCH
AMOUNT SUBJECT TO REDUCTION TO CONFORM TO FINAL FIGURES REFLECTED IN DEBT
CLOSING DOCUMENTS; PROVIDING FOR A SEVERABILITY 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 2025-2026 in
the Budget of the City Manager, there shall also be increased estimated receipts and appropriations in the
Water and Sewer Fund in the amount of $72,939.50, from available net position, for the purpose of
paying the remainder of the costs of issuance, with such amount subject to reduction to conform to final
figures reflected in debt closing documents.
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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 27979-09-2025 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provisions of said prior ordinances and appropriations are hereby expressly repealed.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:
Stephen Hines (Nov 7, 2025 09:38:04 CST)
Assistant City Attorney
ADOPTED AND EFFECTIVE: October 28, 2025
CITY SECRETARY
Jannette S. Goodall
City Secretary
City of Fort Worth, Texas
Mayor and Council Communication
DATE: 10/28/25 M&C FILE NUMBER: M&C 25-1004
LOG NAME: 13RESTATE COMBINATION TAX & REV COS SERIES 2025
SUBJECT
(ALL) Adopt Amended and Restated Appropriation Ordinance for the Water Department's Lead Service Line Replacement Project to Correct
Fiscal Year and Properly Align Project Funding
RECOMMENDATION:
It is recommended that the City Council adopt the attached amended and restated appropriation ordinance increasing estimated receipts and
appropriations in the Water and Sewer Fund in the amount of $72,939.50, from available net position, for the purpose of paying the remainder of
the costs of issuance, with such amount subject to reduction to conform to final figures reflected in debt closing documents.
DISCUSSION:
The purpose of this Mayor and Council Communication (M&C) is to amend and restate the appropriation ordinance associated with the Water
Department's Lead Service Line Replacement project in order to correct the budgeted fiscal year. The attached amended and restated ordinance
repeals and replaces the ordinance authorized by M&C 25-0918 approved on September 30, 2025, and reflects an updated appropriation
ordinance correcting the budgeted fiscal year from Fiscal Year 2025 to Fiscal Year 2026.
A Form 1295 is not required because: This M&C does not request approval of a contract with a business entity.
FISCAL INFORMATION / CERTIFICATION:
The Director of Finance certifies that upon adoption of the actions provided within this Mayor and Council Communication, the sale of the series
2025 Combination Tax and Surplus Revenue Certificates of Obligation will proceed as necessary to provide funding in the Certificate of Obligation
2025 Fund for Waterworks and Sanitary Sewer System Improvements, and Cost of Issuance projects. Prior to any expenditures being incurred, the
Water Department and Financial Management Services Departments have the responsibility to validate the availability of funds.
Submitted for Citv Manaaer's Office bv: Reginald Zeno 8517
Oriainatina Business Unit Head:
Additional Information Contact:
Expedited
Reginald Zeno 8517
Alex Laufer 2268