HomeMy WebLinkAboutOrdinance 14157Ordinance No.
AN ORDINANCE INCREASING THE ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE
STATE REVOLVING FUND - SEWER IN THE AMOUNT OF $61,750,000 FROM AVAILABLE
FUNDS FOR THE PURPOSE OF FUNDING THE CONSTRUCTION OF IMPROVEMENTS TO THE
WASTEWATER COLLECTION AND TREATMENT SYSTEMS, 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 State Revolving Fund -Sewer in
the amount of $61,750,000 from available funds for the purpose of funding the construction of improvements to the
wastewater collection and treatment systems.
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. 13886 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repealed.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 and be in full force and effect and after the date of its passage, and it is so ordained.
APPROVED AS TO FO ND LEGALITY
Assist City Attorney ,
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Date
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Adopted
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Effective
City of Fort Worth, Texaco
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DATE REFERENCE NUMBER LOG NAME PAGE
4/4/00 G-12878 6060NDS 1 of 1
SUBJECT APPROPRIATION ORDINANCE FOR $61,750,000 SEWER SYSTEM SUBORDINATE
LIEN REVENUE BONDS SERIES 1999A
RECOMMENDATION
It is recommended that the City Council adopt the attached appropriation ordinance increasing
estimated receipts and appropriations by $61,750,000 in the State Revolving Fund-Sewer for the
construction of improvements to the wastewater collection and treatment systems.
DISCUSSION
On November 23, 1999 (M&C G-12744), the City Council approved Ordinance No 14009, authorizing
the sale of $61,750,000 Sewer Subordinate Lien Revenue Bonds to the Texas Water Development
Board
The $61,750,000 bond proceeds are to be used by the Water Department in the construction of
improvements to the wastewater collection system and treatment systems at the Village Creek
Wastewater Treatment Plant.
All funds are being appropriated into unspecified accounts to be transferred and used to reimburse
applicable expenses previously funded with commercial paper or identified on contracts brought before
the City Council for award
FISCAL INFORMATION/CERTIFICATION
The Finance Director certifies that funds are available in the State Revolving Fund-Sewer as a result of
the November bond sale for the recommended appropriations
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Submitted for City Manager's FUND ACCOUNT CENTER AMOUNT CITY SECRETARY
Off-ce by: (to)
PE42 488112 070420169010 $61,750,000.00 gppRpVF{~
Mike Groomer 6140 PE42 541200 070420169010 $61,750,000.00 C®Ut~l~~~
Originating Department Head: l/i l E
~.~R ~ 2000
Dale Fisseler 820"7 (from)
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Additional Information Contact:
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Dale Fisseler 8207
Adopted Ordinance No, f ~~