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HomeMy WebLinkAboutOrdinance 17519-04-2007Ordinance No 17519-04-2007 AN ORDINANCE INCREASING APPROPRIATIONS IN THE WATER AND SEWER FUND IN THE AMOUNT OF $30 870 71 AND DECREASING THE UNRESERVED UNDESIGNATED FUND BALANCE BY THE SAME AMOUNT FOR THE PURPOSE OF EXECUTING A FIVE YEAR LEASE RENEWAL (CITY SECRETARY CONTRACT NO 27682) WITH MONROE STREET PROFESSIONAL BUILDING LIMITED FOR OFFICE SPACE AT 900 MONROE STREET FOR THE WATER DEPARTMENT PROVIDING FOR A SEVERABILITY CLAUSE, MAKING THIS ORDINANCE CUMULATIVE OF PRIOR 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 2006- 2007 in the Budget of the City Manager there shall also be increased appropriations in the Water and Sewer Fund in the amount of $30 870 71 and decreasing the unreserved undesignated fund balance by the same amount, for the purpose of executing afive-year lease renewal (City Secretary Contract No 27682) with Monroe Street Professional Building, Limited for office space at 900 Monroe Street for the Water Department. 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 17142 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed SECTION 4 This ordinance shall take effect upon adoption. APPROV AS FORM AND LEGALITY As ' "tant Ci rn ADOPTED AND EFFECTIVE. _ April 24, 2007 City of Fort Worth, Texas Mayor and Council Communication COUNCIL ACTION Approved on 4/24/2007 Ordinance No 17519-04-2007 DATE Tuesday April 24 2007 LOG NAME 60LEASE AMEND REFERENCE NO *L 14311 SUBJECT Authorize a Lease Renewal with Monroe Street Professional Building Limited of Office Space at 900 Monroe Street for the Water Department RECOMMENDATION It is recommended that the City Council 1 Adopt the attached supplemental appropriation ordinance increasing appropriations in the Water and Sewer Fund by $30 870 71 and decreasing the unreserved undesignated fund balance by the same amount; and 2. Authorize the City Manager to execute a lease renewal with Monroe Street Professional Building Limited to include an additional five years at 900 Monroe Street for the Water Department with an option to renew for one additional five year period DISCUSSION On April 30 2002, the City Council authorized the City Manager to enter into a lease with Monroe Street Professional Building Limited for Office space at 900 Monroe Street for the Water Department. (City Secretary Contract Number 27682) The original lease began on May 1 2002, and terminates on April 30 2007 Under that lease the City will lease 12,951 square feet at $12.10 per square foot for the Water IT Division and the Water Engineering Division On April 18 2006 City Secretary Contract number 33480 authorized an Amendment to the lease to increase the total square feet to 15 041 Staff recommends renewing the lease to include 15 041 square feet at $14 50 square feet with the annual cost to be $218 094 50 for the next five years. Only five months will be paid in the current fiscal year That amount will be $90 872 71 Partial funding is already appropriated in the Water and Sewer Fund the remaining will be appropriated by the approval of this M&C FISCAL INFORMATION/CERTIFICATION The Finance Director certifies that upon approval of the above recommendations and adoption of the attached supplemental appropriation ordinance funds will be available in the current operating budget, as appropriated of the Water and Sewer Fund TO Fund/AccountlCenters PE45 537010 0602501 $15,435.36 PE45 537010 0702501 $15,435.35 FROM Fund/Account/Centers PE45 537010 0602501 PE45 537010 0702501 $15,435.36 $15.435.35 Logname 60LEASE AMEND Page 1 of 2 PE45 537010 0601001 PE45.537010 0701001 Submitted for City Manager's Office by Marc Ott (8476) Originating Department Head. S Frank Crumb (8207) Additional Information Contact: S Frank Crumb (8207) Logname 60LEASE AMEND $30.001.00 $30,001.00 Page 2 of 2