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HomeMy WebLinkAboutOrdinance 16950-05-2006~icr.-~_7~ICe; ~~~ 16950-OS-2006 AN ~'fiF~IP;~",hd:.E PFv`~.~~~? ~hfG f=5"3h~~f~i~G R~CE~PTS- .~i~1~ ~"~PP'~~~F~'.I/~Ttt_`='~1~ C11f T~~IE Sr-F~.a~,LlY Ft.1h,?C~E'~ ~fi+E-'IT~,L f'F;~.JF_.~TS L;Rd~ i~d i`f~iE At~1t~l~NT C~~ ~~!~0.;~~~ F,C~f'4`1 r"-~'~1~~~1L.~LE FiJ'~IDs: FnF~ 1`ii~ f'1.~E=°~,~, CAF ~'.31v'USi'~1.~ Ti} ~'fi'vE~ TIFF ~'Ufuih4i~~2~,I~.L ?f?~P%i?TY ih<St~(F~;~1VCE [~~~:;Ui, T E LE FOP ~~?, •;~,F Slj~ T~;If~~iED Tfl. ~IT'Y PRt~i=ERTY RESU~TIFf; F~Gtf~9 '~~[tv~~ L~,~`:";GE TH- F1f-ZST '~"~rEEi. ~::= Mu;Y ~{ltf6. F'R~'+>~aGl~v~ (~~;(~ r't ~E`•rEFZ~$It_ITY C.~.~U~~, 1v9t"et{1f~G Tt-(iS Ct~JI~~:I~P~3~~~' GU~:7l1Ls.Tl'~~E- GF I,RIC~R C~?-~,[~f;dG',N.~.ES If4 CG'?~I~TCivT FI~F'~~,~~,'Il"N;, ;~fitilG Af`J ~FFE~Ti~J'E Cyr. T E ~'~Q~1C)1~+1~ ~E 11' ~RC~s-tlf`-AEG ~Y TF~?E C:'rTY ~CJItJe~,il_ [`F r TYE ~6T'1' :~F ~ t~F~T ~fiti~~JFcTN, TE}C;~::~. SE~Tf~~(~ 1 Tai C7i It. C: C~'~ .I U'l '~';~':~Sr.' F1?T103.Jflt' z7 ;C~u3.G~0:.iQ ti':~ W`u~-'.fiC7 CF.S Clt'p~ C:FU~f3.fT'~f".RS {f7f ~~'ISC ~I ~'Qclf GuQ.^i~. `L1~.~Ei I;? fF~',. Pudci,=t ~t ilie pity P~4.-~~a~~e t'iN i; Ct~~~:i ~Isd by ncrc~~~u est m~~~:d r~~ w;pts ~r?c~ t:~;,r~;~ iatini-~s in f31~ ~'IJ~I,IH~°'G~' !"~~I~IdB^ ~,?31121 P(C1(eC S ~JRrf t?"t jfi° c i ~C•l;S'11 G{ ~2:~!}.CQQ {~Q'fl c'v`c`~.(=2.~~~ t{3rlfzy i:)( ±11F ~IJ,`~S752r #lil>; ~IQ I,~ rf.}'ill?~t;~~.J21 ~^(GF7~li5j I.1St:'c.°1C~ C:E~u,..~f:;~ 1©J ~ fT~~C,,,?E::s'~tiful.lC;~ t:3} Glt.;e' F''~GIJ°(t~ (fSli1R" 1(~ {SUS vv~rd dUr'a~~e tar frrsf ~.;,;V,~: of f~ri~}y, 2~„~, ~~TI()~E 1, That sn~~~d ~r}` pcf3 c,n„, p ~ , ~ ' J~~Ci€ C`f ~h`i i~~u St'~iJ 'i 'J ~tl~ C17C~tR3IlC~ ~7° C'"~..IE3~G':i Tali IG;7~ c:fw'@ ~P VJ=C~ t~1r ~C'J ~`~a'~Ofi .`~` a ~C)lrtC ;.3~ C~Ut ~Dc'~Fhc ,{lifl~t'jl u,"r`T~_ ~E1..:1 Ci':.?C,i$;QI"r; OpIi,,O.r ~f jLid~f'lk"l,i ~_tal~ 1(~ t`~1 cJ,:2')1 `tT'.yacz t tilf.' "~'11e1131Ff?~ f~%tf i~(j"15, ~£' It;~f1S G; 1~ .`: C7f SE'G.ICi:~ Of ,.. , Q"i;jtle"iCr•, ~119~1"t fair; "~,'~,a1'6cilf~?'1Cj p"~Vlsi~i,:~JS -i~:if,t~~ ~a1+'~Ce°~1~r1 rt I.JII ,~~€,::~ ~•n;t '. k,~`t, ~~~TiG~t r3. Tf~~S ihls ~sr`tt;n~3r~> sht,ll "~~ eum JI~~` a c. ~~# ~~ ~~r~ ~,~ ~ `" ct~e, 1 ~ ~1 v i ~ ''lc>; tt ,: `G'!~ ,.!1L~ ~, E ° {~, r'~ 1~; r1CP^~ 2i,G ~T (;(i t it ~(i3i s".f~~(l~tYl~' `:f r? Sc:'Tlr r).rF;,;•~j II? PI.~F: (f..'.. X1..:;:3. ~~vf'~E;(? E.' F~?t)'J.°~`I~i1~S` ;'i °I~IS l'.rC71r~IfiQ~ cryaE til G.'6Ct f;QC1~IIG{ t'Viii- SU~".!l OtrlE:' Qr`f1G`?ea5 ~:Tld c~^(J'~ufs2Ii0iva I1 1'i''llJ{7 111513RC~' SCI.; ~t1~lA'~tlf:C 'ari7V35iD~~ •{?~ S~IF' pr3n( ~(t~t,f (',;'~& ,'.'1{ 13(Jtl~ .aE)."i3fiUr;S 31'4' ; ~'~R?'p t:5. ~~ ~5 ;lea !f'.~,r t. P=;.. SE~°~pN d ~3S ~..~; C' ~ , ~4',E' $Ilc~°~ ~~CB ~,+ffc?.:t t.`(J'~3f1 c`!G~~~•`.l Qs~: T~ ~~7C~f''i'C3'AtJt~ I=1=y E;Tt~:~E, May 23 2006 City of Fort Worth, Texas Mayor and Council Communication COUNCIL ACTION Approved on 5/23/2006 Ordinance No 16950-05-2006 DATE Tuesday May 23 2006 LOG NAME 13WIND DAMAGE REFERENCE NO *G-15204 SUBJECT Authorize Transfer of Revenue from the Risk Management Fund to the Specially Funded Capital Projects Fund to Cover the Commercial Property Insurance Deductible for Damage Sustained at Various City Properties RECOMMENDATION tt is recommended that the City Council: 1 Authorize the City Manager to transfer $250 000 from the FY 2006 Risk Management Fund to the Specially Funded Capital Projects Fund to cover the commercial property insurance deductible for damage sustained to City property resulting from wind damage the first week of May 2006 and 2. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the Specially Funded Capital Projects Fund DISCUSSION Each year funds are appropriated as revenue in the Risk Management Fund to pay for expenditures incurred for properly claims that are covered by the City's commercial insurance coverage Likewise when a claim exceeds the policy deductible money is transferred from the Risk Management Fund into the fund that sustained the loss to cover the amount of the deductible The policy's deductible amount in effect at the time of the wind damage which occurred during the first week of May 2006 is $250 000 Substantial damages were sustained at the Central Library and other City properties, as a result of this storm event. FISCAL INFORMATION/CERTIFICATION The Finance Director certifies that upon approval of the above recommendations and adoption of the attached appropriations ordinance funds will be available in the current capital budget, as appropriated of the Specially Funded Capital Projects Fund TO Fund/AccountfCenters FROM Fund/Account/Centers Logname• 13WIND DAMAGE Page 1 of 2 (1.2) GC35 472071 020030061260 $250.000.00 (1) FE71 538070 0137140 $250.000.00 (2) GC35 5 $250.000.00 VARIOUS 020030061260 Submitted for City Manager's Office b~: Richard Zavala (Acting) (6222) Originating Department Head. Jim Keyes (8517) Additional Information Contact: Sue Haupt (7761) Logname 13 WIND DAMAGE Page 2 of 2