HomeMy WebLinkAboutOrdinance 13806
Ordinance No ~ G?
AN ORDINANCE INCREASING THE ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE
INSURANCE FUND IN THE AMOUNT OF $637,748.52 FROM AVAILABLE FUNDS FOR THE
PURPOSE OF FUNDING REPAIRS TO CITY BUILDINGS AND REIMBURSE FUNDS FOR INCOME
LOSS FROM THE MAY 5, 1995 HAIL STORM, 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 vanous City departments for the Fiscal Year 1998-99 and in the Budget of
the City Manager, there shall also be increased estunated receipts and appropnations in the Insurance Fund in the amount of
$637,748.52 from available funds for the purpose of funding repairs to City buildings and reimburse funds from income loss
from the May 5, 1995, hail storm.
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 remauung provisions shall be and remain in full force and effect.
SECTION 3
That this ordinance shall be cumulative of Ordinance No. 13540 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, ui 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repealed.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 after the date of its passage, and it is so ordained.
APPROVED AS TO FORM AND LEGALITY
Assist City Attorney
~f~"/ SS
Date
~-lS-~~
Adopted
Effective
City of Fort Worth, Texas
~-~A~~r And C~unc~l ~mmun~cAt~an
DATE REFERENCE NUMBER LOG NAME PAGE
5/18/99 **G-12562 15STORM 1 of 2
SUBJECT ADOPTION OF SUPPLEMENTAL APPROPRIATION ORDINANCE TO FUND REPAIRS
TO CITY BUILDINGS AND-REIMBURSE FUNDS FOR INCOME LOSS FROM THE MAY
5, 1995 HAIL STORM
RECOMMENDATION
It is recommended that the City Council
1 Adopt the attached supplemental appropriation ordinance increasing estimated receipts and
appropriations in the Insurance Fund by $637,748 52 from available funds; and
2. Approve the transfer of $19,869 76 to the General Fund, and $5,751 00 to the Municipal Golf Fund
DISCUSSION
During the hail storm on Friday, May 5, 1995, numerous City-owned buildings were damaged Repair
costs were covered by the City's commercial property insurance, less $100,000 deductible at the time
of the loss
An additional supplemental, partial claim payment was received on April 28, 1999
• Insured building repair costs $ 516,942.00
$ 55,787 00 Emergency expense
$ 61,692 00 Village Creek Wastewater Treatment Plant aboveground piping jackets
$141,539 00 Increased cost of construction/code upgrade
$257,924 00 Administration costs
• Architect fees to date. ,~ 95,185 76
• Business interruption 25,620 76
$19,869 76 Adjusted income loss at the Botanic Garden Conservatory
$ 2,093 00 At the Sycamore Creek Golf Course
$ 3,658 00 At the Meadowbrook Golf Course
Subtotal
• Frevious;fpartial claim payments received and appropriated through
M&C G-11397 (2/26/96) and M&C G-11214 (9/5/95)
;~ s
Total ree~ived to date from the Hartford Fire Insurance Company
$ 637,748 52
$9, 764,438.36
$10,402,186.88
City of Fort Worth, Texas
M'Ayar And (~aancil CammunicAtian
DATE REFERENCE NUMBER LOG NAME PAGE
5/18/99 **e;-12562 15STORM 2 of 2
suB.lECT ADOPTION OF SUPPLEMENTAL APPROPRIATION ORDINANCE TO FUND REPAIRS
TO CITY BUILDINGS AND REIMBURSE FUNDS FOR INCOME LOSS FROM THE MAY
5, 1995 HAIL STORM
Transportation and Public Works staff estimates that approximately $877,000 00 in future repairs are
necessitated by the May 5, 1995 hail storm $612,127 76 of the revenue is being appropriated to cover
these repair costs A future supplemental claim will be made for architect fees for these future repairs
and to pay for any increased cost of construction above that already paid by the Hartford Fire Insurance
Company
FISCAL INFORMATION/CERTIFICATION
The Finance Director certifies that upon approval of the attached supplemental appropriation ordinance,
funds will be available in the current operating budget, as appropriated, of the Insurance Fund
CB k
Submitted for City Manager's FUND ACCOUNT CENTER AMOUNT CITY SECRETARY
Office by: (to)
1) FE71 481152 0157150 $637,748.52
Charles Boswell 8511 1) FE71 534260 0157150 $612,127 76
Originating Department Head: 1) FE71 538070 0157150 $ 25,620 76 ~~~
2) GG01 472071 0801000 $ 19,869 76 CITY C~1~~1`
2) PE39 472071 0804310 $ 3,658.00 _ ,
2) PE39 472071 0804510 $ 2;093.00 MAY 18 199e
Susan Bulla 8513 (from)
2) FE71 538070 0157150 $ 25,620 76 (7ti.~.~
~
Additional Information Contact: °
. ~cretarq at tha
Cit
y
City of Fort Worth, xexa~
Susan Bulla 8513
~cloQte~ ~ts~lnanr~ llo, 1.