HomeMy WebLinkAboutOrdinance 13073W'' T
Ordinance No. ~.~ ~ 7~
AN ORDINANCE INCREASING THE ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE
WATER CAPITAL PROJECTS FUND IN THE AMOUNT OF 1,000,000 00 AND IN THE SEWER
CAPITAL PROJECTS FUND IN THE AMOUNT OF $2,000,000.00 FROM INCREASED REVENUE
FROM INTEREST EARNINGS FOR THE PURPOSE FUNDING PRELIMINARY WORK PRIOR TO
AWARD OF DESIGN AND CONSTRUCTION CONTRACTS, 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 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 1,000,000 00 and in the Sewer Capital Projects Fund in the amount of $2,000,000 00 from increased revenue from
interest earnings for the purpose funding preliminary work prior to award of design and construction contracts.
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 judgement 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 ordmance 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 pnor 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repealed.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
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Assistan Attorney
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Date
Adopted
Effective
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City of Fort Worth, Texas
Mayor and Council Communication
DATE REFERENCE NUMBER LOG NAME PAGE
07/08/97 **G-11937 60FUNDS 1 of 1
SUBJECT APPROPRIATIONS ORDINANCE FOR WATER AND SEWER INTEREST FUNDS
RECOMMENDATION
It is recommended that the City Council adopt the attached appropriations ordinance
increasing estimated receipts and appropriations by 51,000,000 00 in the Water Capital
Projects Fund and 52,000,000 OOin the Sewer Capital Projects Fund from increased revenues
from interest earnings _
DISCUSSION
These funds are recommended for appropriation into Unspecified Projects The Water
Department uses the balances in Unspecified Projects to provide for the preliminary work prior
to the award of design and construction contracts for specific projects These funds may also
be used to cash finance water and sewer rehabilitation projects that will be competitively bid
and presented to 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 Director of Fiscal Services certifies that upon adoption of the attached appropriations
ordinance, sufficient funds will be available in the Water and Sewer Capital Projects Funds
MG m
Submitted for City Manager's FUND ACCOUNT CENTER AMOUNT CITY SECRETARY
Office by: (to)
PW53 441012 060530159010 $1,000,000.00 pppROVED
Mike Groomer 6140 PS58 441012 070580139010 $2,000,000.00 ITY CpU NCI L
Originating Department Head: PW53 541200 060530159010 $1,000,000 00 C
PS58 541200 070580139010 $2,000,000 00 ~~~ ~ T~~
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Lee Bradley, Jr 8207 (from)
For Additional Information ~~, ghat
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ontact:
Lee Bradley, Jr 8207
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