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HomeMy WebLinkAboutOrdinance 21203-04-2014 Ord iomouNo. 2 11,21,031-04-120 14 AN ORDINANCE INCREASING THE ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE 0NTRACTSTREET MAINTENANCE FUND INTHE AMOUNT OF $11,263,735.00, FROM AVAILABLE FUNDS, FOR THE PURPOSE OF FUNDING A PORTION OF THE FISCAL YEAR 2014 STREET MAINTENANCE PROGRAM; PROVIDING FOR. A 8EV6AA8]L|7Y CLAUSE; MAKING THIS ORDINANCE CUINfDLAT|VB OF PRIOR ORDINANCES; REPEALING ALL O&D[NANCE8 IN CONFLICT' HEREWITH; AND PROVIDING AN EFFECTIVE DATE. 8E |T ORDAINED BY THE CITY COUNCIL OF THE CITY OFF0RTVVORTH, TC}U\3: SECTION 1. That in addition to those amounts allocated to the various City departments for Fiscal Year 20 13-20 14 in the Budget of the City Manager, there ohu|| also be increased cadnzatod receipts and appropriations in the Contract Street Maintenance Fund in the amount of$11,263,735.00, from available funds, for the purpose of funding a portion ofthe Fiscal Year 2014 Street Maintenance Program. SECTION 2. That should any portion, section or part ofs section of this ordinance be declared invalid, inoperative or void for any reason bya Court of competent jurisdiction, such decision, opinion or judgoeotshall in no way impair the remaining portions, auxbonu, or pmts of aeodoua of this ordinance, which said remaining provisions shall be and remain in full force and effect. SECTION 3. That this oo]iouooe shW| be oumu|aib/e of Ordinance No. 20952-09-2013 and all other ordinances and appropriations amending the same except iothose 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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 LE{&L]TY: CITY SECRETARY e,A,4�jslfa`nt C'ity Attorney /M y ADOPTED AND EFFECTIVE: -__�, City of Fort (North, Texas Mayor and Council Communication ......... COUNCIL ACTION: Approved on 4/15/2014 - Ordinance No. 21203-04-2014 DATE: Tuesday, April 15, 2014 REFERENCE NO.: G-18182 LOG NAME: 20TRANSFER OF FUNDS STREET MAINTENANCE 2013-14 SUBJECT: Authorize Transfer of Funds in the Amount of $11,263,735.00 from the General Fund to the Contract Street Maintenance Fund for Fiscal Year 2014 Contract Street Maintenance Program and Adopt Appropriation Ordinance (ALL COUNCIL DISTRICTS) RECOMMENDATION: It is recommended that the City Council: 1. Authorize the transfer in the amount of$11,263,735.00 from the General Fund to the Contract Street Maintenance Fund; and 2, Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the Contract Street Maintenance Fund in the amount of$11,263,735.00 from the available funds to fund a portion of the Fiscal Year 2014 Contract Street Maintenance Program. DISCUSSION: Each year funds for major maintenance contracts are transferred from the General Fund and other funding sources to the Contract Street Maintenance Fund to keep track of annual expenditures. As contracts are developed and bids received, Staff will request City Council approval to award contracts for major maintenance for streets using the Contract Street Maintenance Fund. 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/capital budget, as appropriated, of the General Fund and Contract Street Maintenance Fund. FUND CENTERS: TO Fund/Account/Centers FROM Fund/Account/Centers 0293 541200 201629990100 $11,263,735.00 GG01 538070 0202002 X11,263,735.00 0293 472001 201629990100 $11,263,735.00 GG01 537110 0202002 $11,263,735,00 CERTIFICATIONS: Submitted for City Manager's Office by: Fernando Costa (6122) Originating Department Head: Douglas W. Wiersig (7801) Additional Information Contact: Andy Anderson (8648) Logname: 20TRANSFER OF FUNDS STREET MAINTENANCE 2013-1.4 Page 1 of].