Loading...
HomeMy WebLinkAboutOrdinance 21955-11-2015 ORDINANCE NO. 21955-11-2015 AN ORDINANCE INCREASING THE ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE STREET IMPROVEMENT 2008 FUND IN THE AMOUNT OF$485,358.38,FROM AVAILABLE FUNDS,FOR THE PURPOSE OF CORRECTING EXPENDITURE POSTING ERRORS; 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 Street Improvement 2008 Fund in the amount of$485,358.38, from available funds, for the purpose of correcting expenditure posting errors. 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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 upon adoption. APPROVED AS TO FORM AND LEGALITY: Peter Vaky,Deputy City, orney Ma6 J. r ity ecretary � ADOPTED AND EFFECTIVE:November 3, 2015 Ordinance No. 21955-11-2015 Page 1 of 1 City of Fort Worth, Texas Mayor and Council Communication COUNCIL ACTION: Approved on 11/312015 - Ordinance No. 21955-11-2015 DATE: Tuesday, November 03, 2015 REFERENCE NO.: **G-18597 LOG NAME: 06TRINITY RIVER VISION TRANSFER OF FUNDS SUBJECT: Authorize Transfer of Funds in the Amount of$485,358.38 Among Various Accounts and Adopt Appropriation Ordinance to Make Technical Corrections Related to the Trinity River Vision Bridge Projects, Consistent with the City's Limitation of$26.6 Million on Expenditures for the Trinity River Vision (COUNCIL DISTRICTS 2 and 9) RECOMMENDATION: It is recommended that the City Council: 1. Authorize a transfer of funds in the amount of$485,358.38 from the Arterials Reserve Project to the Henderson Street Improvements Project in the Street Improvement Fund for the 2004 Bond Program (C200); 2. Authorize a transfer in the amount of$485,358.38 from the Street Improvement Fund for the 2004 Bond Program (C200) to the Street Improvement 2008 Fund for the 2008 Bond Program (C204); and 3. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the Street Improvement 2008 Fund in the amount of$485,358.38. DISCUSSION: On December 15, 2009, the City Council approved an Engineering Services Agreement with Freese and Nichols, Inc. (FNI), in the amount of$3,764,201.00. The Agreement authorized FNI to provide final design phase services and limited construction administration services for the Henderson, North Main and White Settlement bridges in conjunction with the Trinity River Vision Central City Project. Funding for that Agreement came from both the 2004 and 2008 Capital Improvement Programs in the amounts of $2,200,000.00 (C200) and $1,564,201.00 (C204) respectively. Prior to incurring expenses, Staff prepared a Purchase Order (PO-10-00059842) in the Buy Speed Online system (BSO) which, at the time, was using top line accounting methods. When engineering services invoices 1 through 6 from FNI were processed in the BSO system, the expenditures were split by the system resulting in excess expenditures being applied to the Street Improvement 2008 Fund (C204) in the amount of$485,358.38 in lieu of the 2004 Street Improvement Fund (C200) where they should have been applied. Staff has since changed the BSO accounting methodology and subsequent engineering services invoices have been properly posted in the two funds. The improper posting of the expenditures outlined above in the amount of$485,358.38 to the Street Improvement 2008 Fund has resulted in a negative balance in that fund. Staff is requesting authorization to transfer funds in an amount of$485,358.38 from the Arterials Reserve Project to the Henderson Street Improvement Project in the 2004 Street Improvement Fund (C200). Staff is also requesting authorization to transfer the same amount of funds from the 2004 Street Improvement Fund (C200) to the Street Logname: 06TRINITY RIVER VISION TRANSFER OF FUNDS Page I of 2 Improvement 2008 Fund (C204) to clear the negative balance and allow for the payment of other pending project charges. This project is located in COUNCIL DISTRICTS 2 and 9. FISCAL INFORMATION / CERTIFICATION: The Financial Management Services Director certifies that, upon the approval of the above recommendations, funds will be available in the current capital budget, as appropriated, in the Street Improvement 2008 Fund. FUND IDENTIFIERS (FIDs): TO Fund Department Account Project ProgramActivity Budget Reference # Amount ID ID Year (Chartfield 2) 1 39403 0209910 4905100 C00144 CO2380 $485,358.3 1 39403 0209910 C00144 CO2380 $485,358.38 2&3 39407 0209910 4939403 C00144 CO2380 $485,358.38 3 39407 0209910 C00144 CO2380 $485,358.38 FROM Fund Department Account Project ProgramActivity Budget Reference # Amount ID ID Year Chartfield 2 1 39403 0209910 4905100 UNSPEC CO2300 $485,358.38 1 39403 0209910 UNSPEC CO2300 $485,358.38 2 39403 0209910 5900015 C00144 CO2380 $485,358.38 CERTIFICATIONS: Submitted for City Manager's Office by_ Fernando Costa (6122) Originating Department Head: Randle Harwood (6101) Additional Information Contact: Doug Rademaker (6157) Logname: 06TRINITY RIVER VISION TRANSFER OF FUNDS Page 2 of 2