HomeMy WebLinkAboutOrdinance 13534Ordinance No, ~ ~j S ,3~
AN ORDINANCE INCREASING THE ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE
WATER CAPITAL PROJECTS FUND IN THE AMOUNT OF $1,000,000 00 FROM AVAILABLE
FUNDS FROM INTEREST EARNINGS FOR THE PURPOSE OF FUNDING PRELIMINARY WORK
PRIOR TO THE AWARD OF DESIGN AND CONSTRUCTION CONTRACTS FOR WATER AND
SEWER PROJECTS, 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 1997-98 and in the Budget of
the City Manager, there shall also be increased estimated receipts and appropriations Water Capital Projects Fund in the mount
of $1,000,000 00 from available funds from interest earnings for the purpose of funding preliminary work pnor to the award of
design and construction contract for water and sewer projects.
SECTION 2.
Should any portion, section or part of a section of this ordinance be declared invalid, inoperative or void for any reason by a
court of competent jurisdiction, such decision, opuuon or judgment shall in no way unpair the remaining portions, sections, or
parts of sections of this ordinance, which said remaining provisions shall be and remain in full force and effect.
SECTION 3
That this ordinance shall be cumulative of Ordinance No. 13.111 and all other ordinances and appropriations amending the
same except in those instances where the provisions of this ordinance are in direct conflict with such other ordinances and
appropriations, in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly
repealed.
SECTION 4
This ordinance shall take effect and be in full force and effect and after the date of its passage, and it is so ordained.
APPROVED AS TO FORM AND LEGALITY
Assistant City Attorney
Date
Adopted
Effective
City of Fort Worth, Texas
M,'Ayor and Council CammunicAtian
DATE REFERENCE NUMBER LOG NAME PAGE
7/2$/98 **G-12287 60FUNDS 1 of 1
SUBJECT APPROPRIATION ORDINANCE FOR WATER INTEREST FUND
RECOMMENDATION
It is recommended that the City Council adopt the attached appropriation ordinance increasing estimated
receipts and appropriations by $1,000,000 in the Water Capital Project Fund
DISCUSSION
Prior transfers from the operating budget have accrued interest in the Captial Projects Funds until the
cash is actually expended These proceeds can be periodically requested to be appropriated for use.
These funds are recommended for appropriation into Unspecified Projects. The Water Department uses
the balances in Unspecified Projects to transfer to specific projects in order to provide for the preliminary
work prior to the award of design and construcfiion contracts. These funds may also be used to cash
finance water rehabilitation projects that will be competitively bid and presented to the City Council as
contracts are to be awarded
The Unspecified Project balances are low and this action is necessary to continue to provide funding for
the preliminary work as indicated above and for the Water Department to continue with facilities
replacements in conjunction with the Transportation/Public Works Capital Improvement Program
FISCAL INFORMATION/CERTIFICATION
The Finance Director certifies that upon adoption of the attached appropriation ordinance, funds will be
available in the current operating budget, as appropriated, of the Water Capital Projects Fund
MGj
Submitted for City Manager's FUND ACCOUNT CENTER AMOUNT CITY SECRETARY
Office by: (to)
PW53 441012 060530159010 $1,000,000.00 APPROVED
Mike Groomer 6140 PW53 541200 060530159010 $1,000,000.00 C{TY CC}UNCtI
Originating Department Head: .
Lee Bradley, Jr 8207 (from) JUL
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Additional Information Contact: .. l`X~Q~-••ti~
City.Socretary oS the
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Jeff Howell 8819 exas
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•City o! Fort
Adopted Ordmanc~ t~o~ 1.~.-~`~