HomeMy WebLinkAboutOrdinance 14201Ordinance No./ / ~ ~~
AN ORDINANCE INCREASING THE ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE
GENERAL FUND IN THE AMOUNT OF $77,000.00 FROM AVAILABLE FUNDS FOR THE
PURPOSE OF FUNDING THE OPERATIONS OF THE BUSINESS ASSISTANCE CENTER,
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 in addition to those amounts allocated to the various City departments for the Fiscal Year 1999-00 and in the Budget of
the City Manager, there shall also be increased estimated receipts and appropriations in the General Fund in the amount of
$77,000.00 from available funds for the purpose of funding the operations of the Business Assistance Center.
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 m full force and effect.
SECTION 3
That this ordinance shall be cumulative of Ordmance No. 13886 and all other ordinances and appropriations amending the
same except in those mstances 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repealed.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 and be in full force after the date of its passage, and it is so ordained.
APP VED AS TO FORM AND LEGALITY
•' ~~:~ _
`'°^~ity Attorney
5~~3-00
Date
Adopted
o2~-CCU
Effective
05-79-OOAOB 1~ RCVD
City of Fort T~'orth, Texas
~11~Ayar And C,aun~l ~,an~~un~cA~~on
DATE REFERENCE NUMBER LOG NAME PAGE
5/23/00 **G-12919 02WOMEN 1 of 1
SUBJECT ADOPTION OF SUPPLEMENTAL APPROPRfATiON ORDINANCE FOR THE FORT
WORTH BUSINESS ASSISTANCE CENTER
RECOMMENDATION
It is recommended that the City Council
1 Adopt the attached appropriation ordinance increasing estimated revenue and appropriations in the
General Fund by $77,000 00, and
2 Authorize the transfer of $77,000 00 to the Business Assistance Center (BAC) operations accounts
in the General Fund
DISCUSSION
On April 4, 2000 (M&C G-12876), the City Council approved the acceptance of funds in the amount of
$90,568 45 from various sources on behalf of the BAC Of that amount, $32,500 00 was authorized to
be transferred to the BAC's cash match account for its contract with the Small Business Administration
to operate a Women's Business Center
The remainder of the funds received in M&C G-12876 was $58,068 45 $6,000 00 of that amount is
rent paid by a tenant at the BAC Since approval of M&C G-12876 by the City Council, the BAC has
generated additional revenue, therefore, it is recommended that $77,000 00 be appropriated into a BAC
operations account to meet its total budget.
FISCAL INFORMATION/CERTIFICATION
The Finance Director certifies that upon approval of the above recommendations, adoption of the
attached appropriation ordinance, and receipt of the funds, funds will be available in the General Fund
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Submitted for City Manager's FUND ACCOUNT CENTER AMOUNT CITY SECRETARY
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