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HomeMy WebLinkAboutOrdinance 14280r, f ORDINANCE NO ~ //Z 8~ AN ORDINANCE INCREASING THE ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE AVIATION IMPROVEMENTS CAPITAL PROJECTS FUND BY ; .$76,093 00 FROM THE SALE OF BONDS FOR THE PURPOSE OF FUNDING THE AIRPORT IMPROVEMENT PROJECT AT FORT WORTH SPINKS AIRPORT, 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 Aviation Improvements Capital Projects Fund in the amount of $76,093 00 from the sale of bonds for the purpose of funding the Airport Improvement Project at Fort Worth Spinks Airport. SECTION 2. 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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 from and after the date of its passage, and it is so ordained. APPROVED AS TO FORM AND LEGALITY Assistant City Attorn ~~~ Date _ 7-~ S-p0 Adopted 7- ~. S -o a Effective City of Fort Worth, Texas ~11~A~ar And C,aunc~il Can~n~un~cAt~ian DATE REFERENCE NUMBER LOG NAME PAGE 7/25/00 **C-18162 55AIR 1 of 1 SUBJECT APPROPRIATION ORDINANCE AND ACCEPTANCE OF TEXAS DEPARTMENT OF TRANSPORTATION AIRPORT IMPROVEMENT PROJECT OFFER (FEDERALLY ASSISTED AIRPORT DEVELOPMENT AT FORT WORTH SPINKS AIRPORT RECOMMENDATION It is recommended that the City Council authorize the City Manager to 1 Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the Aviation Improvements Capital Projects Fund by $76,093 from the sale of bonds for the City's 10% share of the construction costs, and 2 Execute an Airport Development Agreement from the Texas Department of Transportation (TxDOT) for the construction phase in the amount of $757,160 DISCUSSION The Spinks Airport TxDOT Airport Improvement Project is scheduled to begin construction in early August 2000 The project will encompass several airfield upgrades including airfield signage, Precision Approach Path Indicator (PAPI) installation, runway/taxiway markings, runway/taxiway repair, relocation of airport rotating beacon, and taxiway centerline and edge reflectors TxDOT, acting as the City's agent, will receive and disburse all funds associated with this project. The total estimated project cost for design and construction is $833,877 TxDOT's share of the project is $750,489 The total estimated share to the City is $83,388, of which $7,295 has been paid (M&C C-17506) leaving a balance due of $76,093. Certificates of Obligation were sold to provide the City's share of this project. This property is located in COUNCIL DISTRICT 8 FISCAL INFORMATION/CERTIFICATION The Finance Director certifies that upon approval of the above recommendations, funds will be available in the current capital budget, as appropriated, of the Aviation Improvements Capital Project Fund RG k Submitted for City Manager's FUND ACCOUNT CENTER AMOUNT CITY SECRETARY Office by: (to) 1) GC24 485200 013240439010 $76,093 00 ~'~`rROVE~ RamonGuajardo 6140 1)GC24 539120 013240439010 $76,093.00 CIT Y COUNCIL Originating Department Head: J~L 25 200 Lisa A. Pyles 5400 (from) 3) GC24 539120 013240439010 $76,093.00 ~ Additional Information Contact: ~"` '~` `''"'~J 447- City Socr9tary of tt,o Gilq at 1'eart i~lar"~ T.zxaa Mike Feeley 8304 nrlnnfR(1 Ord~inarice No. ~ y~~o