Loading...
HomeMy WebLinkAboutOrdinance 16030Ordinance No AN ORDINANCE INCREASING ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE SPECIAL TRUST FUND IN THE AMOUNT OF $250,000 FROM FUNDS RECEIVED FROM TXU ENERGY FOR THE PURPOSE OF FUNDING THE ENERGY AID PROGRAM; MAKING THIS ORDINANCE CUMULATIVE OF PRIOR ORDINANCES AND REPEALING ALL 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 2003-2004 in the Budget of the City Manager there shall also be increased estimated receipts and appropriations in the Special Trust Fund in the amount of $250 000 from funds received from TXU Energy for the purpose of funding the Energy Aid 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. 15636 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed SECTION 4 This ordinance shall take effect upon adoption APPROVED AS TO FORM AND LEGALITY wk r?v`~-oe--+ Assistant City A rney ADOPTED AND EFFECTIVE. City of Fort Worth, Texas Mayor and Council Communication COUNCIL ACTION Approved on 7/6/2004 Ordinance No 16030 DATE Tuesday July 06 2004 LOG NAME. 8080TXU04 REFERENCE NO *C-20140 SUBJECT Authorization to Execute a Contract and Accept Funds from TXU Energy and Adoption of Related Appropriation Ordinance for the Energy Aid Program through December 31 2004 RECOMMENDATION It is recommended that the City Council: 1 Authorize the City Manager to execute a contract with TXU and accept funds up to $2-50 000 for the Energy Aid Program through December 31 2004 and 2. Authorize the agreement to begin upon execution of the contract, and end December 31 2004 with a two (2) year option to renew and 3 Adopt the attached Appropriation Ordinance increasing estimated receipts and appropriations in the Special Trust Fund up to $250 000 upon receipt of funds. DISCUSSION TXU has developed the Energy Aid Program as a supplement to government and community aid programs designed to assist persons in financial distress to meet their energy related costs. For several years City of Fort Worth Parks and Community Services' Community Action Partners (CAP) an Energy Aid recipient, has received funds from TXU to assist low-income customers with their utilities (electric and gas) bills. Because TXU maintained these funds in an account for CAP at their company an M&C nor City approved agreement was required Eligible customers were certified by CAP A list of qualified customers were submitted to TXU which credited their accounts. On June 17 2004 the City was notified that TXU Energy .(corporate office) is awarding $15 million to their Energy Aid Program to be expended over a period of three (3) years ($5 million per year) From this amount, the City (CAP) will receive approximately $250 000 per year over the next three (3) years in quarterly increments Because TXU is undergoing reorganization they will no longer maintain funds awarded to the Energy Aid recipients/agencies On June 21 2004 the City was awarded the first allocation of $100 000 This initial allocation must be expended by September 30 2004 in order for CAP to receive additional funds The remaining $150 000 for 2004 will be allocated in the third and fourth quarter and must be expended by December 31 2004 This program serves all COUNCIL DISTRICTS Logname: 8080TXU04 Page 1 of 2 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 current operating budget as appropriated of the Special Trust Fund The Parks and Community Services Department will be responsible for collection and depositing of funds. TO Fund/Account/Centers FROM Fund/Account/Centers FE72 488100 080537000000 $250.000.00 FE72 535020 080537000000 $250.000.00 FE72 535020 080537000000 $250.000.00 Submitted for City Manager's Office b..y• Originating Department Head Additional Information Contact• Logname• 8080TXU04 Page 2 of 2