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HomeMy WebLinkAboutOrdinance 13427... Ordinance No. r,~j ~oZ AN ORDINANCE INCREASING THE ESTIMATED RECEII'TS AND APPROPRIATIONS IN THE GENERAL FUND IN THE AMOUNT OF $29,136.11 FROM AVAILABLE FUNDS FOR THE PURPOSE OF PROVIDING INTERIM FINANCING FOR THE BUSINESS ASSISTANCE CENTER, PROVIDING FOR A SEVERABILITY CLAUSE, MAKING THIS ORDINANCE CUMULATIVE OF PRIOR ORDINANCES, 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 1997-98 and in the Budget of the City Manager, there shall also be increased estimated receipts and appropriations in the General Fund in the amount of $29,136.11 from available funds for the purpose of providing interim financing for the Business Assistance Center 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 cumulafive of Ordinance No 13111 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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 and after the date of its passage, and it is so ordained. APPROVED AS TO FORM AND LEGALITY r t i r l .S Assis t City Attorney ~1~r~~ Date ~- a ~- y~ Adopted Effective City o~`'Fort Worth, Texas M'Ayar and Caunc~l Cammun~cAt;on DATE 4/28/98 REFERENCE NUMBER LOG NAME **G-12193 02BAC PAGE 1 of 1 SUBJECT ADOPTION OF SUPPLEMENTAL APPROPRIATION ORDINANCE FOR FUNDS FOR INTERIM FINANCING OF THE BUSINESS ASSISTANCE CENTER RECOMMENDATION It is recommended that the City Council adapt the attached supplemental appropriation ordinance increasing estimated receipts and appropriations in the General Fund by $29,136 11 from available funds for financing of the Business Assistance Center DISCUSSION The Business Assistance Center (BAC), under the direction of Strategy 2000, has been funded by a Grant from the U S Economic Development Administration since 1995 The Grant has ended The BAC last year conducted a workshop which was sponsored by the U S Small Business Administration The workshop resulted in a net revenue to the City of $11,13611 The DFW/Arlington Minority Business Development Center is leasing space in the BAC office which will result in $18,000 revenue to the City These funds ($29,136 11) may be used to fund the operation of the BAC until June 1, 1998 After June 1, the BAC's operation will be funded with Community Development Grant monies. FISCAL INFORMATION/CERTIFICATION The Director of Fiscal Services certifies that upon adoption of the attached supplemental appropriation ordinance, funds will be available in the current operating budget, as appropriated, of the General Fund MG•m Submitted for City Manager's FUND ACCOUNT CENTER AMOUNT CITY SECRETARY Office by: (to) GG01 488925 0028010 $18,000.00 ~~3R~~~® Ramon Guajardo 6191 GG01 537010 0028010 $29,136.11 ~ Y ~~1 iAl~~ ~ Originating Department Head: GG01 481306 0134010 $11,136.11 i i D t>J'~! D Dorothy Wing 2665 (from) APR 2i~ ~ ~~ Additional Information Contact: ' Ip~t i~ta'~ Dorothy Wing 2665 ~d~.apted O~.d..i~-~i~c~ Sao ~~ 7