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HomeMy WebLinkAboutOrdinance 12884Ordinance No. ~~U AN ORDINANCE INCREASING THE ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE SPECIAL TRUST FUND IN THE AMOUNT OF $25,000 00 FROM AVAILABLE FUNDS AND TRANSFER TO THE GRANTS FUND FOR THE PURPOSE OF FUNDING STRATEGY 2000, FORT WORTH OFFICE OF ECONOMIC ADJUSTMENT, THROUGH A GRANT FROM SOUTHWESTERN BELL FOUNDATION, 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 Special Trust Fund in the amount of $25,000 00 from available funds and transfer of said amount to the Grants Fund for the purpose of funding the Strategy 2000, Fort Worth Office of Economic Adjustment, through a grant from the Southwestern Bell Foundation. 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 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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. APP D AS TO FO AND LEGALITY Assistant City Attorney ~`~~- ~~ Date Y ~- ~~ Adopted Effective City of Fort Worth, Texas Mayor and Council Communication LOG NAME PAGE 02/25/97 I **G-11770 I 02GRANT I 1 of 2 SUBJECT STRATEGY 2000, THE FORT WORTH OFFICE OF ECONOMIC ADJUSTMENT, GRANT REQUEST TO DEPARTMENT OF DEFENSE, OFFICE OF ECONOMIC ADJUSTMENT, AND APPROPRIATIONS ORDINANCES REGARDING FUNDING OF SUCH PROGRAM RECOMMENDATION It is recommended that the City Council authorize the City Manager to 1 Submit a grant application and if offered, accept the grant, and enter into a contract in the amount of 5462,212 00 with the Department of Defense, Office of Economic Adjustment of which 5185,992 00 will be the City's match, and 2 Adopt the attached appropriations ordinance increasing estimated receipts and appropriations in the Grants Fund by 5462,212 00 from available funds, and 3 Accept 525,000 00 from Southwestern Bell Foundation and in-kind donations for funds and services from the private sector, International Center and in-kind support from the City in the amount of 5160,992 00 for the City`s match, and 4 Approve the transfer of 525,000 00 from Grants fund to the Special Trust Fund for the Library, and 5 Adopt the attached appropriations ordinance increasing estimated receipts and appropriations by 525,000 00 from available funds in the Special Trust Fund, and 6 Waive the City's indirect costs of 18 73% which wili be considered part of the City's in- kind match DISCUSSION On April 12, 1994 (M&C G-10618) the City of Fort Worth accepted a 5331 000 grant from the Federal Office of Economic Adjustment to fund the establishment of a full time Fort Worth Office of Economic Adjustment to work on defense transition, a critical need in our city On July 1, 1995 (M&C G-1 1 134) the City of Fort Worth accepted an additional 5366,350 grant, also from the Federal Office of Economic Adjustment to continue to meet the need of this valuable service totF.ie,'citizens of Fort Worth With these federal funds the office has furthered the efforts of economic diversification with, among other projects, development of a medical technology business incubator, identification of emerging technologies with opportunities far business development, the Medical Industry Cluster initiative and Bio-Medical Network, the creation of an .gY.s '., .+.>. Inter`riational "Ce;nter in Fort Worth, and efforts to improve and upgrade the manufacturing infra'str'uc't'ure of our community Printed on Recyded Paper ~' City of Fort Worth, Texas Mayor and Council Communication DATE 02/25!97 REFERENCE NUMBER **G-11770 LOG NAME 02GRANT PAGE 2 of 2 suBJECT STRATEGY 2000, THE FORT WORTH OFFICE OF ECONOMIC ADJUSTMENT, GRANT REQUEST TO DEPARTMENT OF DEFENSE, OFFICE OF ECONOMIC ADJUSTMENT, AND APPROPRIATIONS ORDINANCES REGARDING FUNDING OF SUCH PROGRAM It is the intention of Strategy 2000 to sustain and further improve the initial goal of defense and technology transfer and economic growth for the City of Fort Worth FISCAL INFORMATION/CERTIFICATION The Director of Fiscal Services certifies that upon approval and acceptance of the grant, funds will be available, as appropriated, in the Grants Fund BT f Submitted for City Manager's FUND ACCOUNT CENTER AMOUNT CITY SECRETARY Office by: (to) (4&5)FE72 472076 084532000000 $ 25,000 00 Ramon Guajardo 6191 (5)FE72 539120 084532000000 $ 25,000 00 Originating Department Head: (2&3)GR76 488385 013421431000 $ 25 000^r~0 gppRa~~p (2)GR76 488199 013421431000 $160,992,.00 ~~~ COUNC (2)GR76 488926 002421431000 $276,22 .00 IL 'V (2)GR76 516010 002421431010 $276,22 00 ttn c~5 ~~`,7 ~_LY? (2)GR76 517040 013421431020 $160,99 00 (5)GR76 538070 013421431030 $ 25,OQfl 00 ~~ Ramon Guajardo 6191 (from) + >~s~tary pj }h~ ~~ 4)GR76 538070 013421431030 $25 000 00 FO><t 1Vosth, Tam For Additional Information Contact: Ramon Guajardo 6191 Printed on Recyded Paper j ~~~ X ~ ~i /~ ~~