HomeMy WebLinkAboutOrdinance 14180.. ,. .,
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Ordinance No. ~ [ ~~
AN ORDINANCE INCREASING THE ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE
GRANTS FUND IN THE AMOUNT OF $738,000 SUBJECT TO THE RECEIPT OF THE GRANT
FROM THE ECONOMIC DEVELOPMENT ADMINISTRATION FOR THE PURPOSE OF FUNDING
THE ESTABLISHMENT OF THE BUSINESS RECOVERY 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 appropnations in the Grants Fund in the amount of
$738,000 for the purpose of funding the establishment of the Business Recovery Center, subject to the receipt of the grant from
the Economic Development Administration.
SECTION 2.
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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repealed.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
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This ordinance shall take effect and be in full force after the date of its passage, and it is so ordained.
APP OVED AS TO FORM ANb LEGALITY
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t City Attorney
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Date
---~J- 02"0
Adopted
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Effective
City of Fort Worth, Texas
M„~Ayor and C,aancil Commun~cAt°ian
DATE REFERENCE NUMBER LOG NAME PAGE
5/2/00 G-12906 13RECOVER 1 of 2
SUBJECT APPLICATION FOR AN ECONOMIC DEVELOPMENT ADMINISTRATION GRANT FOR
ESTABLISHMENT OF THE BUSINESS RECOVERY CENTER
RECOMMENDATION
It is recommended that the City Council
Authorize the City Manager to apply for, and accept if awarded, a grant in the amount of $738,000
from the Economic Development Administration (EDA) for the purpose of establishing a Business
Recovery Center; and
2. Adopt the attached appropriation ordinance increasing the estimated receipts and appropriations in
the Grants Fund by $738,000, subject to receipt of the grant.
DISCUSSION
On March 28, 2000, a tornado struck Fort Worth's central business district, resulting in property losses
of over $400 million and leaving an estimated 300 businesses displaced or otherwise negatively
impacted by the storm These businesses have lost their customer base, losing business to
competitors outside the downtown community
In order to minimize business closings and relocation outside the downtown area, EDA funds will be
used to establish a Business Recovery Center (BRC) that will assist in the overall economic recovery of
downtown Fort Worth This center will house an estimated 50 businesses that may require interim
office space for a period of 10 to 12 months For a nominal fee, businesses can relocate to the BRC
and access all the equipment and services necessary for daily operations The Business Recovery
Center will encourage a commitment from affected businesses to remain in the downtown area and
restore the retail and service commerce that existed prior to the tornado
After approval of this Mayor and Council Communication, it is the intent of the City staff to submit an
application for a grant from the Economic Development Administration in the amount of $738,000 The
award date for this grant is as yet undetermined
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City of Fort Worth, Texas
~11~A~ar And Caunc~l Can~i»un~cA~ian
DATE
5/2/00 REFERENCE NUMBER
G-12906 LOG NAME
13RECOVER PAGE
2 of 2
SUBJECT APPLICATION FOR AN ECONOMIC DEVELOPMENT ADMINISTRATION GRANT FOR
ESTABLISHMENT OF THE BUSINESS RECOVERY CENTER
FISCAL INFORMATION/CERTIFICATION
The Finance Director certifies that upon approval of the above recommendations and adoption of the
attached appropriation ordinance, funds will be available in the current operating budget, as
appropriated, of the Grants Fund
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Submitted for City Manager's FUND ACCOUNT CENTER AMOUNT CITY SECRETARY
Office by: (to)
GR76 $738,000.00 Qy~~
Ramon Guajardo 6191 ' COUNCIL
Originating Department Head: ~w;
MAY ~ 7000
Joe Paniagua 6168 (from)
Additional Information Contact:
City S~cretssy of tM
City o! Fort Vt-orth
Cristal Galvazl 6357 ,
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