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HomeMy WebLinkAboutOrdinance 13128 Ordinance No. ~ ~ a AN ORDINANCE INCREASING THE ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE WATER CAPITAL PROJECTS FUND IN THE AMOUNT OF $5,000,000.00 AND IN THE SEWER CAPITAL PROJECTS FUND IN THE AMOUNT OF $4,000,000.00 FROM AVAILABLE FUNDS FOR THE PURPOSE OF FUNDING MISCELLANEOUS WATER AND SEWER REHABILITATION 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 I That in addition to those amounts allocated to the various City departments for the Fiscal Year 1996-97 and in the Budget of the City Manager, there shall also be increased estimated receipts and appropriations in the Water Capital Projects Fund in the amount of $5,000,000.00 and in the Sewer Capital Projects Fund in the amount of $4,000,000.00 from available funds for the purpose of funding miscellaneous water and sewer rehabilitation 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, 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. 12629 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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 / ~_ Assistan ty Attorney ~~ir/P ~- Date ~=/ ~- ~ °7 Adopted ~3'/y_~7 Effective City of Fort Worth, Texas Mayor and Councal Communication DATE LOG 08/19/97 **G-11971 60CASH 1 of 2 SUBJECT SUPPLEMENTAL APPROPRIATION ORDINANCES TO CASH FINANCE MISCELLANEOUS WATER AND SEWER PROJECTS RECOMMENDATION It is recommended that the City Council 1 Adopt the attached supplemental appropriation ordinance increasing the Water and Sewer Operating Fund appropriations by 510,000,000 and decreasing the unreserved, undesignated Retained Earnings of the Water and Sewer Operating Fund by the same amount, and 2 Transfer 59,000,OOOfrom the Water and Sewer Operating Fund to the Water and Sewer Capital Project Funds, and 3 Adopt the attached appropriation ordinance increasing estimated receipts and appropriations by $5,000,000 in the Water Capital Project Fund and 54,000,000 in the Sewer Capital Project Fund from available funds DISCUSSION The proposed transfer would allow the Water Department to cash finance additional Capital Improvement projects as opposed to debt financing These funds will be used to finance rehabilitation projects including facilities replacement in advance of the T/PW Capital Improvements Program and those in relation to the Environmental Protection Agency Administrative Order These projects will be competitively bid and presented to the City Council before contracts are awarded A portion of the supplemental appropriation is being retained in the operating budget Raw water charges are exceeding the amount budgeted as a result of the drought conditeons experienced last year The City is only now beginning to see relief in the settle-up calculations through reduced payments for the remainder of the year Absorption of salary increases and compensation adjustments which have occurred this year have strained budgets Overtime related to numerous main breaks, and subsequent street repairs, during the winter months have also caused some shortfall Printed on Recyded Paper City of Fort Worth, Texas Mayor and Council Communication DATE REFERENCE NUMBER LOG NAME PAGE 08/19/97 **G-11971 60CASH 2 of 2 SUBJECT SUPPLEMENTAL APPROPRIATION ORDINANCES TO CASH FINANCE MISCELLANEOUS WATER AND SEWER PROJECTS FISCAL INFORMATION/CERTIFICATION The Director of Fiscal Services certifies that upon adoption of the supplemental appropriation ordinance, approval of the funds transfer, and adoption of the appropriation ordinance, funds will be available in the current capital budgets, as appropriated, of the Water and Sewer Capital Project Funds Upon completion of this recommendation, the unreserved, undesignated Retained Earnings of the Water and Sewer Operating Fund will be 5284,902,666 MGf Submitted for City Manager's FUND ACCOUNT' CENTER AMOUNT CITY SECRETARY Office by: (to) PE45 539120 06025004 $ 1,000,00.00 PE45 538070 0709020 $4,000,000.00 APPROVLL~ Mike Groomer 6140 PE45 538070 0609020 $5,000,000.00 C~~ i ~®~~G~ i~ Originating Department Head: PS58 541200 070580139010 $4,000,000.00 PW53 541200 060530159010 $5,000,000.00 1~ri:J~,~j ~~ `~~ Lee Bradley, Jr 8207 (from) PE45 538070 0709020 $4,000,000 00 ~~~~ ~'~"~' For Additional Information PE45 538070 0609020 $5,000,000.00 ~i.kg ~~'''"~ o"{ ~; Contact: Lee Bradley, Jr 8207 Printed on Recyded Paper Adopted Ordinance Noo '~~~ 7 r~ ,QPteG QrGIR~~~t." ~Qn 13 ~~ i _______