HomeMy WebLinkAboutOrdinance 21747-05-2015 I
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Ordinance No.21747-05-2015
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AN ORDINANCE INCREASING THE ESTIMATED RECEIPTS AND
APPROPRIATIONS IN THE GENERAL FUND IN THE AMOUNT OF $32,500.00,
FROM AVAILABLE FUNDS,FOR THE PURPOSE OF FUNDING REVENUE SHARE
COMMITMENTS FROM REVENUES GENERATED FROM SPONSORSHIP FEES
FROM COCA-COLA BOTTLING COMPANY; PROVIDING FOR A SEVERABILITY
CLAUSE; MAKING THIS ORDINANCE CUMULATIVE OF PRIOR ORDINANCES;
REPEALING ALL ORDINANCES IN CONFLICT HEREWITH;AND PROVIDING AN
EFFECTIVE DATE.
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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 2014-2015 in the
Budget of the City Manager, there shall also be increased estimated receipts and appropriations in the
General Fund in the amount of$32,500.00, from available funds, for the purpose of funding revenue share
commitments from revenues generated from sponsorship fees from Coca-Cola Bottling Company.
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SECTION 2.
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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.
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SECTION 3.
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That this ordinance shall be cumulative of Ordinance No. 21457-09-2014 and all other ordinances and
j 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of said prior ordinances and appropriations are hereby expressly repealed.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: CITY SECRET
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Assistant City Attorney aPJ.KayW
ADOPTED AND EFFECTIVE: May 19,2015
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City of Fort Worth, Texas
Mayor and Council Communication
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" COU,NCIL;ACTION: Approved on 5/1`9/2015 , Ordinance`No 21747=05-2015- .
DATE: Tuesday, May 19, 2015 REFERENCE NO.: **G-18481
LOG NAME: 25REV_SHARE BEVERAGE 2015
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)
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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;
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2. Authorize a payment to The Active Network in the amount of$6,000.00; and
3. Authorize a payment to Fort Worth Parks and Community Services Sports Advisory Council, Inc., in the
amount of$26,500.00.
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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 i
that time, PEG has changed its name to The Active Network. i
Coca-Cola Bottling Company (Coca-Cola) has paid the contracted sponsorship fee for Fiscal Year 2014- j
2015 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, 2014 through May 15, 2015.
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 $700.00 will be deposited into the General Fund.
The distribution of funding is based on the loss of revenue from other Beverage Agreements the various
departments experienced as a result of the exclusive Agreement with Coca-Cola.
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Logname: 25REV_SHARE BEVERAGE 2015 Page 1 of 2
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Recap of the revenue distribution:
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$ 6,000.00 The Active Network
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$26,500.00 PACS Sports Advisory Council, Inc., for the period of May 16, 2013 to May 15, 2014
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$10,000.00 Municipal Golf Fund
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$ 6,800.00 Culture and Tourism Fund
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$ 700.00 General Fund
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$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 to make the associated payments to The Active Network and the Fort Worth Parks and
Community Services Sports Advisory Council, Inc.
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FUND CENTERS:
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TO F u nd/Accou nt/C enters FROM F u nd/Accou nt/C enters
1) GG01 481306 0909103 $32.500.00 2 3) GG01 539120 0909103 $32.500.00
1) GG01 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)
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