HomeMy WebLinkAboutOrdinance 15200Ordinance No / ~~~~`m° '"
AN ORDINANCE INCREASING ESTIMATED RECEIPTS AND APPROPRIATIONS
IN THE SPECIALLY FUNDED CAPITAL PROJECTS FUND IN THE AMOUNT OF
$500,000 CONTINGENT UPON RECEIPT OF FUNDS FROM INSURANCE
REIMBURSEMENT FOR THE PURPOSE OF PAYING FOR DAMAGES RESULTING
FROM THE FORT WORTH ZOO FIIZE 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 arious City departments for Fiscal Y 2001-02 in the
Budget of the City Manager there shall also be increased estimated ipts and appropriations in the
Specially Funded Capital Projects Fund in the amount of $500 000 for the purpose paying for damages
ul±ing from the Fort Worth Zoo fire.
That should any portion, ction or part of ection of this rdinance be declared invalid, inoperative id
for any on by ourt of competent jurisdiction, such decision, opinion Iudgment shall m way unpair
the emaining portions, sections, or parts of sections of this rdinance, which said emaining provisions shall
be and remain in full force and effect.
SECTION 3
That this ordinance shall be cumulative of Ordinance No. 14745 and all other ordinances nd appropriations
amending the same except in those instances where the provisions of this rdinance in direct onflict with
such other rdinances and appropriations, in which instance said onflicting provisions of id prior
rdinances and appropriations are hereby xpressly repealed.
SECTION 4
This ordinance shall take effect upon adoption.
AP ROVED O AND LEGALITY
ssis t City Attorney ~,~
ADOPTED AND EFFECTIVE. ~I c~ (~
City of Fort Worth, Texas
Mayor and Council Communication
DATE REFERENCE NUMBER LOG NAME PAGE
$/27/02 **G 13707 13FIRE 1 of 1
SUBJECT AUTHORIZE TRANSFER OF $250 000 FROM THE INSURANCE FUND TO THE
SPECIALLY FUNDED CAPITAL PROJECTS FUND TO COVER DEDUCTIBLE COSTS FOR
THE FORT WORTH ZOO FIRE, AND ADOPTION OF APPROPRIATION ORDINANCE
RECOMMENDATION
It is recommended that the City Council
1 Authorize the transfer of $250 000 from the Insurance Fund to the Specially Funded Capital
Projects Fund for the deductible portion of the recent fire costs at the Fort Worth Zoo and
2. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the
Specially Funded Capital Projects Fund by an amount up to $500 000 contingent upon receipt of
funds from insurance reimbursement.
DISCUSSION
The recent fire at the Fort Worth Zoo caused over $450 000 in damage, according to the insurance
adjuster's estimates. The City's deductible is $250 000 for this type of claim If the replacement cost
for the damage is less than the deductible any remaining funds will be returned to the Insurance Fund
(FE71) The deductible amount will be appropriated immediately upon approval of this Mayor and
Council Communication (M&C) The remaining amount will be appropriated as actual funds are
received from the insurance company
Although the appropriation ordinance is for up to $500 000 only the amount of the deductible and the
actual amount received from the insurance company will be appropriated If the total costs exceed
$500 000 an additional M&C will be submitted to authorize the additional appropriation
FISCAL INFORMATION/CERTIFICATION
The Finance Director certifies that upon approval of the above recommendations and adoption of the
attached appropriation ordinance funds will be available in the current operating budget, as
appropriated in the Specially Funded Capital Projects Fund
CB:n
Submitted for City Manager's FUND ACCOUNT CENTER AMOUNT CITY SECRETARY
Office by: (to)
1 &2) GC35 472071 080030021260 $250,000.00
Charles Bosweli 6183 2) GC35 488359 080030021260 $250,000.00
Originating Department Head: 2) GC35 5 (various) 080030021260 $500 000.00
Jim Keyes 8517 (from) APPROVED 08/27/02
1) FE71 538070 0137140 $250 000.00 ORD.# 15200
Additional Information Contact:
Sue Haupt 7761