HomeMy WebLinkAboutOrdinance 15169
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' ORDINANCE NO rS~rp~
AN ORDINANCE INCREASING ESTIMATED RECEIPTS AND
APPROPRIATIONS IN THE STATE REVOLVING FUND -SEWER
BY $34,310,000 FOR THE PURPOSE OF CONSTRUCTION OF
IMPROVEMENTS TO THE WASTEWATER TREATMENT SYSTEM,
PROVIDING FORA SEVERABILITY CLAUSE, 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 2001/02 in
the Budget of the City Manager, there shall also be increased estimated receipts and appropriations m
State Revolving Fund -Sewer by $34,310,000 for the purpose of construction of improvements to the
wastewater treatment system.
SECTION 2
Should any portion, section or part of a section of this ordinance be declared mvahd, inoperative or void
for any reason by a court of competent ~unsdiction, such decision, opinion or judgment shall m 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 m those instances where the provisions of this ordinance are m
direct conflict with such other ordinances and appropriations, mwhich 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provisions of said prior ordinances and appropriations are hereby expressly repealed.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
Assistant City Attorney
ADOPTED AND EFFECTIVE ~/~d l~
City of Fort Worth, Texas
Mayor and Council Communication
DATE REFERENCE NUMBER LOG NAME PAGE
7/30/02 G-13684 60BONDS 1 of 1
SUBJECT APPROPRIATION ORDINANCE FOR $34,310,000 SEWER SYSTEM SUBORDINATE
LIEN REVENUE BOND SERIES 2002
RECOMMENDATION
It is recommended that the City Council adopt the attached appropriation ordinance increasing estimated
receipts and appropriations by $34,310,000 in the State Revolving Fund -Sewer for construction of
improvements to the wastewater treatment system
DISCUSSION
On May 21, 2002, the City Council adopted Ordinance No 15100 authorizing the issuance and sale of
$34,310,000 Sewer Subordinate Lien Revenue Bonds, Series 2002 to the Texas Water Development
Board
The $34,310,000 bond proceeds are to be used by the Water Department in the construction of the
Village Creek High Rate Clarification Project.
FISCAL INFORMATION/CERTIFICATION
The Finance Director certifies that funds are available in the State Revolving Fund -Sewer as a result of
the May 2002 bond sale
MO•k
Submitted for City Manager's FUND ACCOUNT CENTER AMOUNT CITY SECRETARY
Office by: (to)
PE42 488112 070420160120 $34,310,000
Marc Ott 6122 PE42 541200 070420160120 $34,310,000
Originating Department Head:
Dale Fisseler 8207 (from) APPROVED 07/30/02
ORD.# 15169
Additional Information Contact:
Dale Fisseler 8207