HomeMy WebLinkAboutOrdinance 13189Ordinance No.
AN ORDINANCE INCREASING THE ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE
SEWER COMMERCIAL PAPER FUND IN THE AMOUNT OF $6,654,838.65 FROM THE SALE OF
BONDS BY THE TRINITY RIVER AUTHORITY FOR THE PURPOSE OF FUNDING THE DESIGN
AND CONSTRUCTION OF THE FORCE MAIN AND LIFT STATION SYSTEM FOR THE
TRANSPORTATION AND PROCESSING OF WATER FROM THE INTEL SITE, PROVIDING FOR A
SEVERABILITY CLAUSE, MAKING THIS ORDINANCE CUMULATIVE OF PRIOR ORDINANCES,
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 in the Sewer Commercial Paper Fund in
the amount of $6,654,838.65 from the sale of bonds by the Trinity River Authority for the purpose of funding the design and
construction of the force main and lift station system for the transportation and processing of water from the Intel site.
SECTION 2.
That 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. 13111 and all other ordinances and appropriations amending the
same except in those instances where the provisions of this ordinance are in duect 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repealed.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
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Assistant i Attorney
Date
Adopted
Effective
City of Fort Worth Texas
Mayor and Council Communication
DATE REP'ER.ENCB NQNlBER LOG NAME PAGE
10/14/97 **G-12029 60BOND 1 of 1
SUBJECT APPROPRIATION ORDINANCE FOR THE DESIGN AND CONSTRUCTION OF WHITE'S
BRANCH SANITARY SEWER FORCE MAIN CONTRACT
RECOMMENDATION
It is recommended that the City Council adopt the attached appropriation ordinance increasing
estimated receipts and appropriations by 56,654,838 65 in the Commercial Paper-Sewer Fund
from the sale of bonds by Trinity River Authority of Texas (TRA)
DISCUSSION
On May 6, 1997, the City Council authorized IM&C C-16038) an agreement with TRA for
financing the design and construction of the force main and lift station system to transport the
process water from the Intel site in the Denton Creek Wastewater Drainage basin to the
Village Creek and TRA Central Wastewater drainage basins
On August 19, 1997, the City Council adopted (M&C C-16236) a resolution authorizing
execution of the Trinity River Authority of Texas-White's Branch Sanitary Sewer Force Main
Contract
The contract provided for TRA to issue bonds. to finance construction of the Whites Branch
Force Main TRA has sold these bonds and has provided the proceeds to the City, which will
be used for the payment of the costs and expenses in connection with the project The City
will make payments to TRA, as specified, until the bonds have been paid in full and are no
longer outstanding It is anticipated that the City will pay approximately 5630,000 00
annually from wastewater revenues
FISCAL INFORMATION/CERTIFICATION
The Director of Fiscal Services certifies that upon adoption of the attached appropriation
ordinance funds will be available in the current capital budget, as appropriated, of the
Commercial Paper-Sewer Fund
MGf
Submitted for City Manager's FUND ACCOUNT CENTER AMOUNT CITY SECRETARY
Office by: (to)
PS46 486197 070460140130 $834,996.52
Mike Groomet 6140 PS46 486197 070460140140 $3,232,106.02
APP
Originating Department Head: PS46 486197 070460280010 $2,587,736.11 ROVE
PS46 541200 070460140130 $834,996.52 C ITY COUNCIL.
PS46 541200 070460140140 $3,232,106.02
PS46 541200 070460280010 $2,587,736.11 OI.T ~4 ~~~h
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Lee Bradley, Jr 8207 (from) '
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For Additional Information
Contact:
Lee Bradley, Jr 8207
A~natad Qrd~~ance ~FCI, .~j
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