HomeMy WebLinkAboutOrdinance 14575Ordmance No. /6~y~
AN ORDINANCE APPROPRIATING $171,120 TO INSURANCE FUND AND DECREASING
THE UNRESERVED, UNDESIGNATED INSURANCE FUND BALANCE BY THE SAME
AMOUNT FOR PURPOSE OF PROVIDING FUNDING FOR OUTSTANDING REPAIR
CONTRACT OBLIGATIONS RELATING TO THE HAIL STROM OF 1995, PROVIDING FOR
A 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 m addition to those amounts allocated to the various City departments for the Fiscal Year 2000-01 and m the
Budget of the City Manager, there shall also be increased appropriations in Insurance Fund in the amount of $171,120;
thereby decreasing the unreserved, undesignated Fund balance by the same amount for the purpose of providing
funding for outstanding repair contract obligations relating to the hail storm of 1995
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 ~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. 14286 and all other ordinances and appropriations amending
the same except in those mstances where the provisions of this ordmance are m 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are hereby expressly repealed.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 ordmance shall take effect and be m full force and effect and after the date of its passage, and it is so ordained.
APPROVED A O F AND LEGALITY
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Assis t City rney
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Date
c3 ~ ZOo~
Adopted
-3- aoDl
Effective
APPROVED
CITY COUNCIL
APR 3 2001
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City Secretary of the
Citq of Fort Worth, Te~cas
City of Fort Worth, Texas
agar And Caunc;l ~,a~ntun~cAt~un
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DATE
4/3/01 REFERENCE NUMBER
**G-13192 LOG NAME
15STORM PAGE
1 of 1
SUBJECT SUPPLEMENTAL APPROPRIATION ORDINANCE INCREASING APPROPRIATIONS
IN THE INSURANCE FUND FOR HAIL STORM REPAIR
RECOMMENDATION
It is recommended that the City Council adopt the attached supplemental appropriation ordinance
increasing appropriations in the Insurance Fund by $171,120 and decreasing the unreserved,
undesignated fund balance by the same amount.
DISCUSSION
Staff inadvertently failed to include an appropriation at year-end to finance outstanding repair contract
obligations relating to the Hail Storm Repair Center [0157150/539120] that are currently encumbered
and for which commercial insurance recovery has been received
FISCAL INFORMATION/CERTIFICATION
The Finance Director certifies that upon adoption of the attached supplemental appropriation ordinance,
funds will be available in the current operating budget, as appropriated of the Insurance Fund Upon
approval of the appropriation ordinance, the unreserved fund balance of the Insurance Fund will be
$6,374,967
CB k
Submitted for City Manager's FUND ACCOUNT CENTER AMOUNT CITY SECRETARY
Office by: (to)
F E 71 539120 0157150 $171,120.00
Charles Boswell 8511 APPROVED
Originating Department Head: C'TY COUNCj'L
Susan Bulla 8513 (from) APR `3 20~~
Additional Information Contact: ~(
Sscsetary of the
C1t
Susan Bulla 8513 q
Ci of Fori North. Texas
Adopted Ord;Hance No. /~~~"