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HomeMy WebLinkAboutOrdinance 17297-11-2006Ordinance No 17297 11 2006 AN ORDINANCE INCREASING APPROPRIATIONS IN THE CULTURE AND TOURISM FUND IN THE AMOUNT OF $12,000 AND DECREASING THE UNRESERVED DESIGNATED FUND BALANCE BY THE SAME AMOUNT FOR THE PURPOSE OF FUNDING AN AMENDMENT TO THE SOUTHWESTERN EXPOSITION AND LIVESTOCK SHOW LEASE AGREEMENT AND FUNDING FOR A PROMOTION AND MARKETING PROGRAM FOR THE STOCK SHOW AND RODEO AND WILL ROGERS MEMORIAL CENTER, 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 Culture and Tourism Fund in the amount of $12,000 and decreasing the unreserved designated fund balance by the same amount, for the purpose of funding an amendment to the Southwestern Exposition and Livestock Show Lease agreement and funding for a promotion and marketing program for the Stock Show and Rodeo and Will Rogers Memorial Center 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed SECTION 4 This ordinance shall take effect upon adoption APPROVED AS TO FORM AND LEGALITY Assistant City A orney ADOPTED AND EFFECTIVE November 28.2006 City of Fort Worth, Texas Mayor and Council Communication COUNCIL ACTION Approved on 11/28/2006 Ordinance No 17297 11 2006 & 17298-11 2006 DATE Tuesday November 28 2006 LOG NAME 25STOCKSHOW REFERENCE NO C-21870 1 Adopt the attached supplemental appropriation ordinance increasing appropriations in the Culture and Tourism Fund by $12 000 00 and decreasing the unreserved designated fund balance by the same amount; 2. Adopt the attached supplemental appropriation ordinance increasing estimated receipts and appropriations in the Culture and Tourism Fund by $60 000 00~ and 3 Authorize the City Manager to execute an amendment to the Southwestern Exposition and Livestock Show Lease Agreement for the purpose of delineating the hiring schedule and assistance by the city staff during the annual Stock Show and Rodeo and funding for a promotion and marketing program for the Stock Show and Rodeo and the Will Rogers Memorial Center from the Culture and Tourism Fund DISCUSSION The Southwestern Exposition and Livestock Show (SWELS) leases and occupies the entire WII Rogers Memorial Center complex during the annual event. Attendance at the Stock Show and Rodeo exceeded 950 000 annual visitors in 2006 and the event has a positive economic impact on the community Hiring Additional temporary workers must be hired by the Stock Show to assist with the event. The WRMC staff assists SWELS in obtaining the additional temporary workers by participating in an annual hiring fair and coordinating the payroll for the temporary workers on behalf of the Southwestern Exposition and Livestock Show The addendum will clarify the responsibilities of the parties related to the temporary workers. Marketing During the FY2005-06 and FY2006-07 budget process the City Council appropriated funds from a portion of the Hotel/Motel Occupancy Tax receipts in the amount of $500 000 for the Fort Worth Convention and Visitors Bureau for the Special Public Facilities Fund (SPFF) The SPFF is used in part to offer incentives and other types of support for events in order to attract priority groups to the City Traditionally $40 000 per year of the SPFF has been allocated for the Southwestern Exposition and Livestock Show for marketing and promotional activities on behalf of the event and WRMC The Stock Show and Rodeo directly enhances and promotes tourism to the community It is proposed that the City pay the funds directly to the Southwestern Exposition and Livestock Show In addition it is proposed that the payment be increased to $46 000 per year The funds allocated will Logname 25STOCKSHOW Page 1 of 2 continue to be used by the Southwestern Exposition and Livestock Show to market and promote activities related to the Stock Show and related equestrian events. In FY05-06 $20 000 of the $40 000 appropriation has been paid by the CVB The appropriation from the City to the CVB for each subsequent year wilt be reduced by $40 000 The CVB will reimburse the CFW the $60 000 that has already been appropriated ($20 000 from FY2005-06 and $40 000 from FY06- 07) The additional $12,000 for the two years will be funded through unreserved undesignated fund balance in the Culture and Tourism Fund FISCAL INFORMATION/CERTIFICATION The Finance Director certifies that upon approval of the above recommendations and adoption of the attached supplemental appropriation ordinances funds will be available in the current operating budget, as appropriated of the Culture and Tourism Fund TO Fund/Account/Centers FROM Fund/Account/Centers GG04 538070 0241000 $72,000.00 GG04 539120 0241000 $72,000.00 GG04 488100 0241000 $60,000.00 Submitted for City Manager's Office by Joe Paniagua (6140) Originating Department Head Kirk Slaughter (2501) Additional Information Contact: Betty Tanner (2502) Logname 25STOCKSHOW Page 2 of 2