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HomeMy WebLinkAboutOrdinance 21942-09-2015 ORDINANCE NO. 21942-09-2015 AN ORDINANCE INCREASING THE ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE PARKS GAS LEASE CAPITAL PROJECT FUND IN THE AMOUNT OF $1,515,847.85, FROM AVAILABLE FUNDS, FOR THE PURPOSE OF FUNDING THE PARK AND RECREATION DEPARTMENT'S FISCAL YEAR 2016 GAS-RELATED REVENUE AND PARK MITIGATION FEES PROJECT EXPENDITURE PLAN INCLUDING A TRANSFER TO THE GENERAL FUND TO OFFSET COSTS FOR PROJECT OVERSIGHT AND ADMINISTRATION; PROVIDING FOR A SEVERABILITY CLAUSE; MAKING THIS ORDINANCE CUMULATIVE OF PRIOR ORDINANCES; REPEALING ALL 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 2015-2016 in the Budget of the City Manager, there shall also be increased estimated receipts and appropriations in the Parks Gas Lease Capital Project Fund in the amount of$1,515,847.85, from available funds, for the purpose of funding the Park and Recreation Department's Fiscal Year 2016 Gas-Related Revenue and Park Mitigation Fees Project Expenditure Plan, including$141,268.00 being transferred to the General Fund to offset costs for project oversight and administration. 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. 21873-09-2015 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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 on October 1,2015. APPROVED AS TO FORM AND LEGALITY: , w� , s Tyler Walla , Assistaff City Attorney Mary J. K r, eity cretary ADOPTED: September 29, 2015 EFFECTIVE: October 1, 2015 Ordinance No. 21942-09-2015 Page 1 of 1 0 0 0 0 O N N W n 0 0 0 0 ci O -i 0 0 0 m m O O O O m N N N N O O O m N 0 0 0 0 r n W �!1 0 0 0 0 cV N 7 W tD M m 0 0 0 N m 0'1 t\ O H O CO C9 W b n O 00 O O ll m q tt] m V o N 0 N V m 0 O N m V V O o 1p m 0 0 0 H(ri l0 V N N a W ro ni ti m m v �+i m I ri '-i I N O N N N VT V}LT i/}iR LT lR(h (R to M N o ro o n m �n v a o ro o ri ro m ai o � ri n o m o c M c a m m o m L v o ro o0 - N O Q1 vt N ttj m M m N UT i/} .-I VY N Vf 1l1 N W ¢ O a a` o o ° of o u o 0 0 v m m °m o ai m m o m m O O O O O O O O O U O W a0 DD c O O O 0 o m m m M M N uT O N O O O 0 0 O O D 0 0 0 0 0 m O C O O 0 0 p7 m N r 7 N V1 V1 N M � 000 m � N N O A N N ih cl r n N V4 VF i/} d O O O lOD O 0 o n c c o r o .-+ o N o n n O [il N n'1 a N N N n CO 00 - an iA W v1 LT VT VV O O A l9 O � vt O O Iq t0 o yy 4Y W N N �(1 tll y a c a` Q i CO CO O N a N n O N O O N N > N n N N ci N m I O O O CO 00 O M M W 6 I� a op m W a m m 't v o o m o m om Q) C7 1/F �W N N V� VT Ul Vf Vf � 00 m y 0 0 0 N O 1p N O l0 tp O tG i O O O c-1 O Q7 N N O N CO O O N M V V �fl t0 N @ O O O M N N m In O0 M N N v! O O O O n � � i m a o a o `n E E E a � j a E m E a` E E E E E °; E E E E o E Y a ` A c a EE F= a a a a a a a o H 4'f usi m E E a a E E a a n E U « w o 0 a E v o E E E E E E 5. E E E E c 2 E o` - a - m E o a o c E m o o m m m Y m m o m . - ° .o E E a m z o a N E � a z a o Y a ¢ ° a E Q °- o in Y E o a a E _a a a o -Q o n IS m w a m F- �. �° % ^' °' >' 3 a m Y a w a o Y o Z z z w .E _ > °a E m m o �°-O y o m « " `m r j "' u x > E cs LL u F = o w e F = z2i ti o City of Fort Worth, Texas Mayor and Council Communication COUNCIL ACTION: Approved on 9/29/2015 -Ordinance No. 21942-09-2015 DATE: Tuesday, September 29, 2015 REFERENCE NO.: G-18586 LOG NAME: 80GAS PLAN FY2016 SUBJECT: Approve Park and Recreation Department's Fiscal Year 2016 Gas-Related Revenue and Park Mitigation Fees Project Expenditure Plan in the Amount of$1,515,847.85 and Adopt Appropriation Ordinance (ALL COUNCIL DISTRICTS) RECOMMENDATION: It is recommended that the City Council: 1. Approve the Park and Recreation Department's Fiscal Year 2016 Gas-Related Revenue and Park Mitigation Fees Project Expenditure Plan; 2. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the Park Gas Lease Capital Project Fund in the amount of$1,515,847.85 from gas-related revenue and park mitigation fees; and 3. Authorize the transfer in the amount of$141,268.00 from the Park Gas Lease Capital Project Fund to the General Fund to offset costs associated with project oversight and administration. DISCUSSION: The purpose of this Mayor and Council Communication (M&C) is to appropriate gas-related revenue (including lease bonuses, royalties, and pipeline license fees) and park mitigation fees (mitigation and surface use fees) for the Park and Recreation Department Gas-Related Revenue and Park Mitigation Fees Project Expenditure Plan (Plan) for Fiscal Year 2016. The Plan (attached to this M&C as Exhibit A) allocates the amount of$1,515,847.85 in gas and park mitigation related funds for expenditure in accordance with the City's Financial Management Policy, which includes a transfer in the amount of $141,268.00 in gas-related royalties to the General Fund to offset costs for project oversight and administration. The gas-related funds recommended for appropriation are broken down as follows: • Lease Bonus in the amount of$864,993.82 • Pipeline License Fees in the amount of$51,500.64 • Lease Royalty in the amount of$490,620.61 The park mitigation related funds recommended for appropriation are broken down as follows: • Mitigation Fees in the amount of$108,732.78 Projects were evaluated and prioritized on available gas funding and park mitigation funding, the Logname: 80GAS PLAN FY2016 Page 1 of 2 availability of other capital funds to supplement and leverage the gas-related revenue, legal mandates, health and safety concerns and the condition of existing infrastructure. The plan leverages the gas and mitigation related revenues with funding from a variety of other sources including bond funds, certificate of obligations, and previously appropriated gas revenue. The Fiscal Year 2016 direct project expenditures, including gas revenues, park mitigation fees and leveraged funds, associated with this M&C are estimated at a grand total of$3,015,148.79. In order to provide necessary resources for project management and accounting, parkland public hearings required by the Texas Parks and Wildlife Code Chapter 26, License Agreements and capital project oversight, the Department will transfer the amount of$141,268.00 (approximately 5 percent of proposed Fiscal Year 2016 project expenditures) in royalties to the General Fund. This amount brings the grand total of projects and program related expenditures (including program oversight) to the amount of$3,156,416.79. 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 Fiscal Year 2016 Capital Budget, as appropriated, in the Park Gas Lease Capital Project Fund. The current unappropriated receipts in the Park Gas Lease Capital Project Fund is $6,817,080.77. After the appropriation for the Park and Recreation Department's Fiscal Year 2016 Gas Related Revenue and Park Mitigation Fees Project Expenditure Plan in the amount of$1,515,847.85, the balance of unappropriated receipts will be $5,301,232.92. FUND CENTERS: TO Fund/Account/Centers FROM Fund/Account/Centers 2) C282 4XXXXX VARIOUS $1,515,847.85 2) C282 5XXXXX VARIOUS $1,515,847.85 CERTIFICATIONS: Submitted for City Manager's Office by: Susan Alanis (8180) Originating Department Head: Richard Zavala (5704) Additional Information Contact: David Creek (5744) Logname: 80GAS PLAN FY2016 Page 2 of 2