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HomeMy WebLinkAbout28564-06-2026 - City Council - OrdinanceORDINANCE NO.28564-06-2026 AN ORDINANCE INCREASING ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE GENERAL FUND, FROM TAX INCREMENT FINANCIAL DISTRICT #4 - SOUTHSIDE MEDICAL DISTRICT, IN THE AMOUNT OF $50,000.00, FOR FUNDING SECURITY SERVICES AT FIRE STATION PARK; PROVIDING FOR A SEVERABILITY CLAUSE; MAKING THIS ORDINANCE CUMULATIVE OF PRIOR ORDINANCES; REPEALING ALL ORDINANCES IN CONFLICT HEREWITH; AND PROVIDING AN EFFECTIVE DATE. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH, TEXAS THAT: SECTION 1. 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 appropriations in the General Fund in the amount of $50,000.00, from Tax Increment Financial District 44 - Southside Medical District, for the funding security services at the Fire Station Park. SECTION 2. 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 ofthis ordinance, which said remaining provisions shall be and remain in full force and effect. SECTION 3. 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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: ISa � 59 Assistant City Attorney ADOPTED: June 9 2026 EFFECTIVE: June 9 2026 Oq��FORuTTn��jj�� �OOOOO000,4 K p.�o 0 0QYY1 Jannette S. Goodall v0 �_ City Secretary 0 0 ¢�a 00 0000 a aaab � IG -oa000 a Ordinance No. 28564-06-2026 Page 1 of 2 City of Fort Worth, Texas Mayor and Council Communication DATE: 06/09/26 M&C FILE NUMBER: M&C 26-0413 LOG NAME: 80SOUTHSIDE TIF #4 SUBJECT (CD 9) Authorize Execution of a Tax Increment Funding Agreement with Tax Increment Financing District #4 (Southside/Medical District) in the Amount of $50,000.00 for Non -Routine Improvements and Operations at Fire Station Park; Authorize Acceptance of Funds in the Amount of $50,000.00 from Tax Increment Financing District #4 (South side/Medical District); and Adopt Appropriation Ordinance RECOMMENDATION: It is recommended that the City Council: Authorize execution of a Tax Increment Funding Agreement with Tax Increment Financing District #4 (Southside/Medical District) for non - routine improvements and operations at Fire Station Park in the amount of $50,000.00; Authorize acceptance of funds from Tax Increment Financing District #4 (Southside/Medical District) in the amount of $50,000.00 for non - routine improvements and operations at Fire Station Park; and Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the General Fund in the amount of $50,000.00 transferred from the Tax Increment Financing District #4 (Southside/Medical District) for the purpose of funding non -routine improvements and operations at Fire Station Park. DISCUSSION: The purpose of this Mayor and Council Communication (M&C) is to authorize execution of a Funding Agreement with Tax Increment Financing District #4 (Southside/Medical District) for security services to be provided at Fire Station Park in the amount of $50,000.00 and authorize acceptance of funding from Tax Increment Financing District #4 (Southside/Medical District) and appropriate $50,000.00 in the General Fund for the Park and Recreation Department (PARD) for security services. Funding is budgeted in the Tax Increment Financing District #4 (Southside/Medical District) Fund for PARD for the purpose of security services at Fire Station Park. Fire Station Park is located in COUNCIL DISTRICT 9. 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 funds are currently available in the Tax Increment Financing District #4 (Southside/Medical District) Fund and upon approval of the above recommendations and adoption of the attached appropriation ordinance, funds will be available in the General Fund as appropriated. Prior to an expenditure being incurred, the Park and Recreation Department has the responsibility of verifying the availability of funds. Submitted for Citv Manaaer's Office by Oriainatina Business Unit Head: Additional Information Contact: Dana Burghdoff 8018 Teresa Thomason 5708