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HomeMy WebLinkAboutOrdinance 16640-10-2005 Ordinance No ~~~ ~/Q /G-~,c~5 AN ORDINANCE INCREASING ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE WATER CAPITAL PROJECT FUND IN THE AMOUNT OF $1,000 000 AND THE SEWER CAPITAL PROJECT FUND IN THE AMOUNT OF $1,000 000 FROM THE WATER AND SEWER OPERATING FUND FOR THE PURPOSE OF FUNDING UNSPECIFIED CAPITAL PROJECTS, 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 2004-2005 in the Budget of the City Manager there shall also be increased estimated receipts and appropriations in the Water Capital Project Fund in the amount of $1,000 000 and the Sewer Capital Project Fund in the amount of $1 000 000 from Water and Sewer Operating funds for the purpose of funding unspecified capital projects. 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 16061 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed SECTION 4 ADOPTED AND EFFECTIVE. ~ ' ~ ~~ ~ ~ + ~CU. This ordinance shall take effect upon adoption City of Fort Worth, Texas Mayor and Council Communication COUNCIL ACTION Approved on 10/11/2005 Ordinance No. 16640-10-2005 DATE Tuesday October 11 2005 LOG NAME 60CAP1TAL REFERENCE NO *G-14954 SUBJECT Adopt Appropriation Ordinance and Authorize Transfer from the Water and Sewer Operating Fund to the Water Capital Project Fund RECOMMENDATION It is recommended that the City Council 1 Authorize the City Manager to transfer $2 000 000 00 from the Water and Sewer Operating Fund to the Water Capital Project Fund in the amount of $1 000 000 00 and to the Sewer Capital Project Fund in the amount of $1 000 000 00' and 2. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations by $1 000 000 in the Water Capital Project Fund and $1 000 000 in the Sewer Capital Project Fund from increased revenues from available funds DISCUSSION These funds will be used to fund unspecified projects. The Water Department uses the balances in unspecified funds to provide for the preliminary work prior to award of design and construction contracts of specific projects These funds may also be used to cash-finance water and sewer rehabilitation projects that will be competitively bid on and presented to the City Council as contracts are to be awarded FISCAL INFORMATION/CERTIFICATION The Finance Director certifies that upon approval of the above recommendation and adoption of the attached appropriation ordinance funds will be available in the 2004-05 capital budget, as appropriated of the Water and Sewer Capital Project Funds TO Fund/Account/Centers FROM Fund/AccountlCenters 1&2)P253 472045 601159990100 $1,000.000.00 ~PE45 538070 0609020 $2.000.000.00 1&2~P258 472045 701139990100 $1,000,000.00 .2,P253 541200 601159990100 $1,000,000.00 2)P258 541200 701139990100 $1,000,000.00 Submitted for City_ Manager's Office by: Marc Ott (8476) Originatinc~D~artment Head. S Frank Crumb (8207) Additional Information Contact: S Frank Crumb (8207) Logname• 60CAPITAL Page 1 of 1