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HomeMy WebLinkAboutOrdinance 21136-03-2014 Ordinance No. AN ORDINANCE INCREASING THE ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE GENERAL FUND IN TlUE AMOUNT OF $32,500.00, FROM AVAILABLE FUNDS, FOR THE PURPOSE 0F FUNDING DBVEN-UESHARE COMMITMENTS FROM REVENUES GENERATED FROM SPONSORSHIP FEES FROM COCA-COLA BOTTLING COMPANY; PROVIDING FOR A SBVERABlL/TY CLAUSE; MAKING THIS ORDINANCE CUMULATIVE 0F PRIOR 0QTANANCES; REPEALING ACL ORDINANCES [N CONFLICT HEREWITH; AND PROVIDING &N EFFECTIVE DATE. B£1T ORDAINED Q`/THE CITY COUNCIL 0F THE CITY OF FORT WORTH, TEXAS: SECTION ]. 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 mbu)l also be increased estimated rsooipro and appropriations in the General. Fund in the unn*untof$32,500.00, from available funds, for the purpose *f funding revenue share commitments from revenues generated frorn sponsorship fees from Coca-Cola Bottling Company. SECTION 2. That should any portion, section or part of a section of this ordinance be declared invalid, inoperative or void for any reason bva court ofcompetent jurisdiction, such decision, opinion or udgruontohuU in no way impair the remaining portions, ueobwoa, or parts of sections of this ooJiounoe' which said remaining provisions shall be and remain in full force and effect. SECTION 3. That this ordinance shall be cumulative of Ordinance No. 20952'09-2013 and all other on]in000em and appropriations amending the same cxoopi in those instances wbono the provisions of this on]iuuooe are in direct conflict with xuoh other ordinances and appropriations, in which io$ooco said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed. SECTION 4. This ordinance shall take effect upon adoption. APPROVED ASTDFORM AND LEGALITY: CITY SECRET"', Assistant C-ity Attonieo- Nfar�J. K s, ADOPTED AND EFFECTIVE: March 4,2014 __ City of Fort Worth, Texas Mayor and Council Communication AW4/LIINIafF!YYMIa IMhwkffl!I I10 rfm NI R=H&90IIppRriiN!OriIICMG IRY—1( IN I lllp llr!2 MN hYBNXd I1AA/RdA//A➢!N 1 /..F,6✓//L.a< ®l2Pl Y/PY eR/A¢u,pp A/.it 1.!NIA!IUII?iifl@!I®YlfWll(/p6fl@A,.nM„V,I Pi I 1 @0 N I 1 6 111 M:.rvl I-III10%krpNYM I NW:ANTI­NW WINJfreNPit IAI W MU IUVNdN I W NJ NUNflfMM COUNCIL ACTION: Approved on 3/4/2014 - Ordinance No. 21136-03-2014 mrN,amrcrviessvlrv:unlnmMOOicvIRUUalrcmulrrmm!mlce,tacauwUrvnlnvm.loiemuArvanuAUnruurlmwriNnunrr Ml I I Ie;Airmntinrmrwu>ave+auivwumnnnwlvomirz�AMw:xmelN IrrvnuAn i Im,�mnl¢mnmren amalmuuulMa Ilrmrc�mrsr lnnrtmamiIMUn Iwalwuwumluvnallmn,;muormz,?nlnA nunvervmmuvu�rnnm.nwwnAUwrvurvvarnmunmrmmlvnrcnlmslw,NrNm;rwv dnaumuunwlmurevemluunum�o�NrrluwmimAArai�NnnnMnnmren le�rradrn DATE: Tuesday, March 04, 2014 REFERENCE NO.: **G-18133 LOG NAME: 25REV SHARE BEVERAGE 2014 SUBJECT: Authorize Payments to The Active Network in the Amount of$6,000.00 and to the Fort Worth Parks and Community Services Sports Advisory Council, Inc., in the Amount of$26,500.00 for Revenue Share Commitments Generated from Sponsorship Fees from Coca-Cola Bottling Company and Adopt Appropriation Ordinance (ALL COUNCIL DISTRICTS) RECOMMENDATION: It is recommended that the City Council: 1. Adopt the attached supplemental appropriation ordinance increasing estimated receipts and appropriations in the General Fund in the amount of$32,500.00 for revenue share commitments from revenues generated from sponsorship fees from Coca-Cola Bottling Company; 2. Authorize payment to The Active Network in the amount of$6,000.00; and 3. Authorize payment to Fort Worth Parks and Community Services Sports Advisory Council, Inc., in the amount of$26,500.00. DISCUSSION: On May 18, 2004, (M&C C-20085) the City Council authorized the City Manager to execute an Agreement with Public Enterprise Group (PEG) to assist in developing corporate partnership revenue programs. In exchange for assisting the City in identifying and negotiating any partnership Agreement, PEG would receive a 12 percent commission on all revenue received by the City as a result of such contracts. Since that time, PEG has changed its name to The Active Network. Coca-Cola Bottling Company (Coca-Cola) has paid the contracted sponsorship fee for Fiscal Year 2013- 2014 in the amount of$50,000.00. Revenue from the sponsorship fee received from Coca-Cola for the beverage services Agreement has been committed to key stakeholders for maintenance/operational costs and to match contractual Agreements in place at the time the Agreement was executed with Coca- Cola. The revenue distribution in the amount of$6,000.00 will be paid to The Active Network, $26,500.00 will be paid to the Fort Worth Parks and Community Services Sports Advisory Council, Inc. (SAC) for the period of May 16, 2013 through May 15, 2014. The remaining $17,500.00 does not require a supplemental appropriation and will be distributed as follows: $10,000.00 will be deposited in the Municipal Golf Fund, $6,800.00 will be deposited in the Cultural and Tourism Fund and the remaining $700.00 will be deposited into the General Fund. Logname: 25REV_SHARF—BEVERAGE_2014 Page 1 of 2 Recap of the revenue distribution: $ 6,000.00 The Active Network $26,500.00 PACS Sports Advisory Council, Inc., for the period of May 16, 2013 to May 15, 2014 $10,000,00 Municipal Golf Fund $ 6,800.00 Culture and Tourism Fund $ 700.00 General Fund $50,000.00 Total FISCAL INFORMATION / CERTIFICATION: The Financial Management Services Director certifies that upon adoption of the attached supplemental appropriation ordinance, funds will be available in the current operating budget, as appropriated, of the General Fund. FUND CENTERS: TO Fund/Account/Centers FROM Fund/Account/Centers 1) GG01 481306 0909103 $32,500.00 2 3) GG01 539120 0909103 $32,500.00 1) 0001 539120 0909103 $32,500.00 CERTIFICATIONS: Submitted for City Manager's Office by: Susan Alanis (8180) Originating Department Head: Kirk Slaughter (2501) Additional Information Contact: Betty Tanner (2502) Logname: 25REV—SHARE—BEVERAGE-2014 Page 2 of 2