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HomeMy WebLinkAboutOrdinance 13675Ordinance No. 1,3 ~ `7 AN ORDINANCE APPROPRIATING $575,000 00 TO THE MUNICIPAL GOLF FUND AND DECREASING THE UNRESERVED, UNDESIGNATED RETAINED EARNING BY THE SAME AMOUNT AND TRANSFER OF SAID FUNDS TO THE GOLF CAPITAL IMPROVEMENTS FUND FOR THE PURPOSE OF PROVIDING FUNDING FOR THE VARIOUS IMPROVEMENTS AT THE Z-BOAZ, PECAN VALLEY, AND OTHER GOLF COURSES, 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 1998-99 and in the Budget of the City Manager, there shall also be increased appropriation in the Municipal Golf Fund in the amount of $575,000 00; thereby decreasing the unreserved, undesrgnated Fund balance by the same amount and transfer of said funds to the Golf Capital Improvements Fund for the purpose of providing funding for various improvement at the Z- Boaz, Pecan Valley and other golf courses. 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 decrsion, opinion or judgment shall in no way impair the remaining portions, sections, or parts of sections of this ordinance, which said remaining provrsions 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, in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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 after the date of its passage, and rt rs so ordained. APP~VED AS TO FORM AND LEGALITY V I ~~ ~~! Assistant City Attorney // is-a~- 9~ Date d-5-~~ Adopted .- r /_ 5-~~ EffeEffe n've City of Fort Worth, Texas A ar and ~aunc~l ~ammun~cAt~an ~~ ~ DATE REFERENCE NUMBER LOG NAME PAGE 1/5/99 G-12430 801MPROVE 1 of 2 SUBJECT APPROPRIATION ORDINANCES FOR DESIGNATED EXPENDITURES IN THE MUNICIPAL GOLF AND GOLF CAPITAL IMPROVEMENT FUNDS RECOMMENDATION It is recommended that the City Council 1 Adopt the attached supplemental appropriation ordinance increasing appropriations in the Municipal Golf Fund by $575,000 and decreasing the unreserved, undesignated Retained Earnings by a like amount; and 2. Authorize the transfer of funds in the amount of $575,000 from the Municipal Golf Fund to the Golf Capital Improvements Fund, and 3 Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the Golf Capital Improvements Fund by $575,000 from available funds. DISCUSSION Of the recommended transfer, $550,000 will be used at Z Boaz and Pecan Valley Golf Courses to make improvements that will enhance the playabifity of the golf courses and provide for additional conveniences for customers The remaining $25,000 will be used to purchase additional water fountains at each of the five golf courses. The following items have been identified for funding A. Design and construction of a continuous cart trail system at Z Boaz Golf Course to allow usage of golf carts on marginal weather days. $300,000 B Replacement of the existing deteriorated split rail fence with a 6-foot chain link at Z-Boaz Golf Course to enhance security $ 50,000 C Repairs to the parking lot and roads at Pecan Valley Golf Course $200,000 D Installation of additional water fountains at all golf courses $ 25,000 These improvements will be conducted during fiscal year 1998-99 City of Fort Worth, Texas M'Ayor and Council Cammun~cAt~an DATE 1/5/99 REFERENCE NUMBER G-12430 LOG NAME 801MPROVE PAGE 2 of 2 SUBJECT APPROPRIATION ORDINANCES FOR DESIGNATED EXPENDITURES IN THE MUNICIPAL GOLF AND GOLF CAPITAL IMPROVEMENT FUNDS FISCAL INFORMATION/CERTIFICATION The Finance Director certifies that upon adoption of the attached supplemental appropriation ordinance and approval of the fund transfer, funds will be available in the current capital budget, as appropriated, of the Golf Capital Improvements Fund The projected unreserved, undesignated retained earnings of the Golf Enterprise Fund following this supplemental appropriation will be $2,919,624 pending any audit adjustments LW:j Submitted for City Manager's FUND ACCOUNT CENTER AMOUNT CITY SECRETARY Office by: (to) 1)PE39 538070 0804005 $575,000.00 Libby Watson 6183 2,3)GC16 472039 080160520070 $300,000.00 Originating Department Head: 3)GC16 5various 080160520070 $300,000.00 2,3)GC16 472039 080160520080 $ 50,000.00 AppROyED G , ~ ® ~ ~~ 2,3 C 6 472039 080160520090 $200,000.00 C~~ v " " 3)GC16 5various 080160520090 $200,000.00 2,3)GC16 472039 080160520100 $ 25,000.00 JAN 5 3)GC16 5various 080160520100 $ 25,000.00 , Richard Zavala 5704 (from) ., l/4'~'~/' 2)PE39 538070 0804005 $575,000.00 ~~r8scxeta~ry of ~~ Texas rth tDiP Additional Information Contact: , o ~taitq of Fast Richard Zavala 5704 ~opte~ U~c~~nar~~~ ~1~~ ~ ?. ~®p DXa~~ o~ 31