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HomeMy WebLinkAboutOrdinance 16556-08-2005Ordinance No (~S6'~~ ~©-S AN ORDINANCE INCREASING ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE CONTRACT STREET MAINTENANCE FUND IN THE AMOUNT OF $622,572 75 BASED ON A RECEIVABLE FROM THE FORT WORTH TRANSPORTATION AUTHORITY FOR THE PURPOSE OF FUNDING A PORTION OF THE FISCAL YEAR 2004-2005 STREET MAINTENANCE PROGRAM; 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 Contract Street Maintenance Fund in the amount of $622,572 75 based on a receivable from the Fort Worth Transportation Authority for the purpose of funding a portion of the FY 2004-2005 Street Maintenance Program 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed SECTION 4 ADOPTED AND EFFECTIVE. I l ~~yS'~ -3®~ ~-~~S This ordinance shall take effect upon adoption City of Fort Worth, Texas Mayor and Council Communication COUNCIL ACTION Approved on 8/30/2005 Ordinance No 16556-08-2005 DATE Tuesday August 30 2005 LOG NAME 20T TRANSFERS REFERENCE NO *G-14898 SUBJECT Adopt Appropriation Ordinance and Authorize Transfer of Funds from the Fort Worth Transportation Authority for the FY2004-2005 Street Maintenance Program RECOMMENDATION It is recommended that the City Council adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the Contract Street Maintenance Fund in the amount of $622 572.75 based on a receivable from the Fort Worth Transportation Authority (the 'T") to fund a portion of the FY 2004-2005 Street Maintenance Program DISCUSSION The 'T" allocated funding in the amount of $2,490,291 00 to the City of Fort Worth for annual street improvements for FY2004-2005 This is the third of four installments. Each year funds for major maintenance contracts are consolidated from the General Fund the 'T" and other funding sources to the Contract Street Maintenance Fund to keep track of annual expenditures. As contracts are developed and bids received City staff will be coming to Council to award approximately 20 contracts for major maintenance for streets, bridges and drainage using the Contract Street Maintenance Fund FISCAL INFORMATION/CERTIFICATION The Finance Director certifies that upon adoption of the attached appropriation ordinance funds will be available in the current capital budget, as appropriated of the Contract Street Maintenance Fund TO Fund/Account/Centers FROM Fund/Account/Centers GS93 488200 020930578010 $622,572.75 GS93 541200 020930578010 $622,572.75 Submitted for City Manager's Office b~ Marc Ott (8476) Originating Department Head. Robert Goode (7804) Additional Information Contact: George Behmanesh (7914) Logname• 20T TRANSFERS Page 1 of 1