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HomeMy WebLinkAboutOrdinance 13776~'' ~.. Ordinance No. AN ORDINANCE INCREASING THE ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE CAPITAL PROJECTS RESERVE FUND IN THE AMOUNT OF $330,000.00 FROM AVAILABLE FUNDS FOR THE PURPOSE OF FUNDING UTILITY IMPROVEMENTS AT THE FORT WORTH ZOO; 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 estimated receipts and appropriations in the Capital Projects Reserve Fund in the amount of $330,000.00 from available funds for the purpose of funding utility improvements at the Fort Worth Zoo. 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. 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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 it is so ordained. APPROVED AS TO FORM AND LEGALITY Assistant ~ / pAttorney ~Ll !J/ Date Adopted 3-~~-~9 Effective City of Fort Worth, Texas ~l'IJ' Ayor And Counc;l CommunicAt~an DATE REFERENCE NUMBER LOG NAME PAGE 4/20/99 G-12543 8ozo0 1 of 2 SUBJECT ADOPT APPROPRIATION ORDINANCE AND TRANSFER FROM CAPITAL PROJECTS RESERVE FUND FOR UTILITY IMPROVEMENTS AT THE FORT WORTH ZOO RECOMMENDATION It is recommended that the City Council 1 Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the Capital Projects Reserve Fund by $330,000 from available funds, and 2. Authorize the transfer of $330,000 from the Capital Projects Reserve Fund to the Specially Funded Capital Projects Fund for utility improvements at the Fort Worth Zoo, and 3 Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the Specially Funded Capital Projects Fund by $330,000 from available funds. DISCUSSION Section 8 04 of the City's contract with the Zoological Association states that the City will relocate or alter basic utilities to accommodate any construction or modifications at the Zoo The Zoological Association has two construction projects scheduled for the 1998-99 fiscal year that will require basic utility modifications. A summary of each project, the utility modification cost to be paid by the City, and the construction cost by the Zoological Association appears below Utilit o t Construction Cost Project it (Zoological Association) Texas Wild! $950,000 $30,000,000 Thundering Plains 20 00 $ 200,000 Total $970,000 $30,200,000 The $330,000 requested and the current $270,439 balance of project funds for utility improvements represent the portion that will be expended during this fiscal year ($600,439) The remainder of the costs for these utility projects will be requested in FY 1999-00 It is recommended that the City's utility modifications cost be paid out of the Capital Projects Reserve Fund These improvements meet City financial policy requirements having a useful life of ten years or longer Upon completion of the construction projects, the improvements will become the property of the City and the Zoological Association will establish a maintenance endowment for 5 percent of the construction costs for each project. Further, the Zoological Association is responsible for maintaining these improvements on a day-to-day basis The project is located in COUNCIL DISTRICT 9 City of Fort Worth, Texas A ar rind Caunc~l ~°c~mmun~cc~t~an ~~ ~ DATE REFERENCE NUMBER LOG NAME PAGE 4/20/99 G-12543 sozoo 2 of 2 SUBJECT ADOPT APPROPRIATION ORDINANCE AND TRANSFER FROM CAPITAL PROJECTS RESERVE FUND FOR UTILITY IMPROVEMENTS AT THE FORT WORTH ZOO 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 capital budget, as appropriated, of the Specially Funded Capital Projects Fund The cash balance in the Capital Projects Reserve Fund after this transfer will be $2,530,774 LW.k Submitted for City Manager's FUND ACCOUNT CENTER AMOUNT CITY SECRETARY Office by: (to) 1) GC10 472001 013010001000 $330,000.00 ~~~~ Libby Watson 6183 2) GC10 538070 013010001000 $330,000.00 CIT Y COUNC~ Originating Department Head: 2&3) GC35 472010 081018001000 $330,000.00 3) GC35 539120 081018001000 $330,000.00 ~o pR ~ Richard Zavala 5704 (from) 2) GC10 538070 013010001000 $330,000.00 Y- (~ ~ Additional Information Contact: , °"' `r`""~`~ ~ Secretarq of the Toxar~ f Fort Worth Cit , y o Richard Zavala 5704