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HomeMy WebLinkAboutOrdinance 15147.~ Ordinance No. I~ AN ORDINANCE INCREASING ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE WATER CAPITAL PROJECT FUND IN THE AMOUNT OF $1,500,000 AND IN THE SEWER CAPITAL PROJECT FUND IN THE AMOUNT OF $1,500,000 FROM AVAILABLE FUNDS FOR THE PURPOSE OF FUNDING UNSPECIFIED PROJECTS, MAKING THIS ORDINANCE CUMULATNE OF PRIOR ORDINANCES IN CONFLICT HEREWITH, AND PROVIDING AN EFFECTNE 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 2001-02 in the Budget of the City Manager, there shall also be increased estimated receipts and appropriations in the Water Capital Project Fund in the amount of $1,500,000 and in the Sewer Capital Project Fund ui the amount of $1,500,000, from available funds for the purpose of funding unspecified projects. 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. 14745 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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. A OVED S TO FORM AND LEGALITY ~. , Assistant ity Attorney ADOPTED AND EFFECTNE. O~ .,~ ;fit City of Fort Worth, Texas Mayor and Council Communication DATE REFERENCE NUMBER LOG NAME PAGE 7/9/02 **G-13666 60FUNDS 1 of 1 SUBJECT APPROPRIATION ORDINANCE FOR WATER AND SEWER INTEREST FUNDS RECOMMENDATION It is recommended that the City Council adopt the attached appropriation ordinance increasing .estimated receipts and appropriations by $1,500,000 in the Water Capital Project Fund and $1,500,000 in the Sewer Capital Project Fund from available funds from interest earnings. DISCUSSION These funds are recommended for appropriation into Unspecified Projects The Water Department uses the balances in Unspecified Projects to transfer to specific projects in order to provide for the preliminary work prior to the award of design and construction contracts. These funds may also be used to cash- finance water and sewer rehabilitation projects that will be competitively bid and presented to the City Council as contracts are to be awarded This action is necessary to continue to provide funding for the preliminary work as indicated above and for the Water Department to continue with facilities replacements in conjunction with the Transportation and Public Works Department's Capital Improvements Program FISCAL INFORMATION/CERTIFICATION The Finance Director certifies that upon adoption of the attached appropriation ordinance, funds will be available in the current capital budgets, as appropriated, of the Water and Sewer Capital Project Funds. MO k Submitted for City Manager's FUND ACCOUNT CENTER AMOUNT CITY SECRETARY Oftice by: (to) PW53 441012 060530159010 $1,500,000.00 Marc Ott 6122 PS58 441012 070580139010 $1,500,000.00 Originating Department Head: PW53 541200 060530159010 $1,500,000.00 PS58• 541200 070580139010. $1,500,000.00 Dale Fisseler 8207 (from) APPROVED 07/09/02 ORD.# 15147 Additional Information Contact: Dale Fisseler 8207