Loading...
HomeMy WebLinkAboutOrdinance 15366;~ - e !-' 'k _. ~ Ordinance No /`~~~ AN ORDINANCE INCREASING ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE SPECIAL TRUST FUND IN THE AMOUNT OF $11,387.80 FROM AVAILABLE FUNDS, FOR THE PURPOSE OF FUNDING THE REPAIR AND REPLACEMENT OF FESTIVAL EQUIPMENT, 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 various City departments for Fiscal Year 2002- 2003 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 $11,387 80 from available funds for the purpose of funding the repair and replacement of festival equipment. 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 15184 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed SECTION 4 This ordinance shall take effect upon adoption APP VED AS O FORM AND LEGALITY ~ic~t. ssistant Cit A orney ADOPTED AND EFFECTIVE. ~ ~'~ 1 -D~, City of Fort Worth, Texas Mayor and Council Communication DATE REFERENCE NUMBER LOG NAME PAGE 12/17/02 *~G-'13832 800RD 1 of 1 sua,lECT APPROPRIATION ORDINANCE FOR EXPENDITURE OF FUNDS FROM THE FESTIVAL EQUIPMENT DEPRECIATION ACCOUNT RECOMMENDATION It is recommended that the City Council 1 Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the Special Trust Fund by $11,387 80 from .available funds, and 2 Authorize the expenditure of these funds for the repair and replacement of festival equipment. DISCUSSION On July 6, 1993 (M&C G-10230), the City Council adopted the Parks and Community Services Department's policy on reservations, special events and festival equipment policy and fees Included in that policy were adjustments to the festival equipment rental fees in order to establish a full cost recovery program A portion of the fees collected for festival equipment rental are set aside as depreciation in a Special Trust Fund Currently, there is $11.,387 80 in this account. The department is requesting appropriation of these funds for repair and replacement of the current inventory of festival equipment. This equipment includes a foldout stage, ticket booths and concession trailers. The funds would be used to purchase materials and supplies for repair and replacement of equipment. Besides Mayfest, the equipment is utilized for various events throughout the community, including the Main Street Arts Festival, Juneteenth Celebrations, Cinco de Mayo, Concerts in the Gardens, Stockyards events, etc. FISCAL INFORMATIONlCERTIFICATION The Finance Director certifies that upon approval of recommendation No. 1 and adoption of the attached appropriation ordinance, funds will be available in the current operating budget, as appropriated, of the Special Trust Fund JP k Submitted for City Manager's FUND ACCOUNT CENTER AMOUNT CITY SECRETARY Office by: (to) FE72 5 Various 080502192000 $11,387.80 Toe Paniagua 6140 FE72 481182 080502192000 $11,387.80 Originating Department Head: Richard Zavala 5704 (from) APPROVED 12117!02 FE72 SVarious 080502192000 $11,387.80 ORDINANCEN015366 Additional Information Contact: Harold Pitchford 5728