HomeMy WebLinkAboutOrdinance 7423 ORDINANCE NO. 7 4 Z 3
AN ORDINANCE APPROPRIATING REVENUE OF THE CITY IN
EXCESS OF ITS TOTAL ESTIMATED INCOME AS SET FORTH
IN THE ANNUAL BUDGET FOR THE PURPOSE OF CONSTRUCTING
OFFICE SPACE AT WILL ROGERS MEMORIAL COLISEUM FOR
THE USE OF FORT WORTH PROMOTIONS, INC. ; PROVIDING A
SEVERABILITY CLAUSE; MAKING THIS ORDINANCE CUMULATIVE
OF PRIOR APPROPRIATION ORDINANCES; REPEALING 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 the City Manager of the City of Fort Worth shall
be provided with such revenue as may be secured from the
various sources included in Ordinance No. 7206 and in the
Budget of the City Manager; and, in addition thereto there
is hereby appropriated the initial sum of Eight Thousand
and No/100 Dollars ($8,000.00) to construct office space
at Will Rogers Memorial Coliseum for the use of Fort Worth
Promotions, Inc.
SECTION 2.
Should any part, portion, section or part of a section
of this ordinance be declared invalid or inoperative or void
for any reason by a court of competent jurisdiction, such
decision, opinion or judgment shall in no way affect the
remaining portions, parts, sections or parts of sections of
this ordinance, which provisions shall be, remain and continue
to be in full force and effect.
SECTION 3.
That this ordinance shall be cumulative of Ordinance
No. 7206, but all other ordinances and appropriations for
which provision has been heretofore made are hereby expressly
repealed if in conflict with the provisions of this ordinance.
SECTION 4.
That this ordinance shall take effect and be in full
force and effect from and after the date of its passage, and
it is so ordained.
APPROVED AS TO FORM AND LEGALITY:
City Attorney
ADOPTED: October 4,1976
EFFECTIVE: October 4, 1976
City of Fort Worth, Texas
Mayor and Council Communication
DATE REFERENCE SUBJECT: Contract with Fort Worth PAGE
NUMBER Promotions, Inc.
10/4/76 C-3542 1
1 of
The weekly wrestling matches have moved to Will Rogers Memorial Center
effective September 27, 1976, and will remain in this building under this pro-
posed contract.
Under the agreement the City of Fort Worth will:
Furnish either the Will Rogers Coliseum at $600 per night or the Will
Rogers Auditorium at $500 per night for the presentation of wrestling
matches for 47 Monday nights annually.
Construct an office at the Coliseum for the use of Fort Worth Promo-
tions, Inc. at a cost of approximately $8,000.
Store ring and ring lights at Will Rogers Memorial Center when not in use.
Grant program sales and program ad sale rights to Fort Worth Promotions,
Inc. at no cost.
Fort Worth Promotions,Inc. will:
Pay to the City of Fort Worth approximately $27,500 annually (depending
upon which building is used). Payment will be made quarterly in advance.
Furnish insurance as required.
Recommendation
It is recommended:
1) That the City Council authorize the City Manager to execute a
contract between the City of Fort Worth and Fort Worth Promotions,
Inc. for the presentation of wrestling matches at Will Rogers
Memorial Center for one year beginning October 4, 1976;
2) Authorize the Public Works Department to proceed with construction
of the agreed upon office space at a cost of approximately $8,000; and
3) Adopt supplemental appropriations ordinance increasing General
Fund Account 001-25100-4201 in the amount of $8,000.
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Attachment
SUBMITTED BY: D18POSITIO Y COUNCIL: PFIOCE ED BY
APPROVtE�D11 [IOTHER,�(lDESCRIBE) �(S�
n rG N L,t✓ 1 v a• CITY SECRETARY
DATE
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CITY MANAGER