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HomeMy WebLinkAboutOrdinance 13562.. `.~ Ordinance No. f ~ AN ORDINANCE INCREASING THE ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE SPECIAL TRUST FUND IN THE AMOUNT $40,000.00 FROM AVAILABLE FUND FOR THE PURPOSE OF FUNDING REPLACEMENT OF SOUND EQUIPMENT AND PARK TRAIL IMPROVEMENTS THROUGH DONATIONS FROM MAYFEST, INC., 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 m the Special Trust Fund in the amount of $40,000 00 from available funds for the purpose of funding replacement of sound equipment and park trail improvements through donations from Mayfest, Inc. 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, opinion or judgment shall in no way impair the remauung 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. 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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 ~~~ Assistant City Attorney ~-~3-~~ Date ~j_~~~~ Adopted Gl--/- ~~ Effective City of Fort Worth, Texas M'Ayar and Council CammunicAtion DATE REFERENCE NUMBER LOG NAME PAGE 9/1/98 G-12318 80MAYFEST 1 of 1 SUBJECT ACCEPTANCE OF DONATION FROM MAYFEST, INC AND APPROPRIATION OF PROJECT EXPENDITURES RECOMMENDATION It is recommended that City Council 1 Authorize the City Manager to accept the proceeds from Mayfest 1997 of $40,000, and 2 Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the Special Trust Fund by $40,000 from available funds. DISCUSSION Mayfest has been a popular and successful event in Trinity Park since 1973 Each year when there is a net profit from the event, the City is paid 20% of the net operating profits City Secretary Contract No 20295 (M&C C-14182, February 22, 1994) requires that the revenue be spent for park and recreation purposes These funds will be used for• (1) replacement of sound equipment used at Mayfest and other Department events ($5,000), and (2) matching funds for park trail improvements for the Clearfork/Benbrook Trail Project in City Council District 3 ($35,000) The trail funds will be matched by the Intermodel Surface Transportation Efficiency Act/Congestion Mitigation Air Quality Program, which is managed through the North Central Texas Council of Governments and the Texas Department of Transportation Additional local matching funds for this project will be contributed by Streams and Valleys, Inc In addition, during the 1998 Mayfest, Parks and Community Services Department staff overtime hours in the amount of $6,893 were charged to the Mayfest reserve funds as a budget savings measure Upon expenditure of these funds the Mayfest reserve balance will be $2,707 On February 17, 1998, the Parks and Community Services Advisory Board approved a motion to accept the Mayfest proceeds and to concur with staff's recommendation of project expenditures 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 Special Trust Fund LW k Submitted for City Manager's FUND ACCOUNT CENTER AMOUNT CITY SECRETARY Office by: (to) FE72 488100 080502110030 $40,000 00 APPROVED Libby Watson 6183 FE72 524010 080502110030 $. 5,000 00 CITY COUNCI L Originating Department Head. FE72 541200 080502110030 $35,000 00 sl:P x ~sse Richard Zavala 5704 (from) ~7 ~ Additional Information Contact: ~ /"`'"'"" " ` °r"~`~ Cite Seeretarp of the City of Fort ~lorth,'i'oxr~~: Richard Zavala 5704 .~,~~ M Ogg ~I~ Oo ~.~~°~