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HomeMy WebLinkAboutOrdinance 12423 Ordinance No. /O~ AN ORDINANCE INCREASING THE ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE SPECIAL TRUST FUND IN THE AMOUNT OF $50,000 00 FOR THE PURPOSE OF FUNDING MERCHANDISE PURCHASED FOR RESALE FROM VARIOUS VENDORS FOR THE CITY STORE; 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 1995-96 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 $50,000 00 for the purpose of funding merchandise purchased for resale from various vendors for the City Store 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 12074 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed SECTION 4 This ordinance shall take effect and be in full force and effect and after the date of its passage, and it is so ordained APP OVED AS TO FORM AND LEGALITY Assi ant City ttorn Date' / /l ~~ Adopted Effective City of Fort Worth, Texas Mayor and Council Communication 02/27/96 ~~p_~gpp 13RESALE 1 of 2 SUBJECT APPROPRIATION OF REVENUES AND AGREEMENT FOR MERCHANDISE PURCHASED FOR RESALE FROM VARIOUS VENDORS FOR THE CITY STORE RECOMMENDATION It is recommended that the City Council authorize 1 Adopt the attached appropriations ordinance increasing estimated receipts and appropriations in the Special Trust Fund by 550,000 00 from increased revenues, and 2 Authorize entering into a purchase agreement, not to exceed 550,000 00, with various vendors for the purchase of merchandise for resale at the City Store, and 3 Purchases to begin March 1, 1996 and end February 28, 1997 Recommended Vendors Shamrock Advertising Specialties J&J Specialties Lone Star Specialty Advertising Special T Design Ajax Screen Graphics Signature Graphics, lnc R Olivas Custom Casting and Designs Sejawa Designs S&S Graphix Ash and Company DISCUSSION Staff requests that operating revenues from the City Store be appropriated for the purchase of logo merchandise for resale at the City Store The 550,000 00 appropriation is based on an estimate of revenues to be received through City Store sales Revenues will be closely monitored to avoid spending in excess of available revenues The preceding list of vendors is proposed as a source for annual logo merchandise purchases for the City Store; located in the south end of the Municipal Building Based on sales experience and revenue projectioris, it is estimated that the City Store will purchase approximately 550,000 00 of logo merchandise for resale during the term of this agreement {~ Printed on Regded Paper City of Fort L~orth, Texas Mayor and Council Communication DATE REFERENCE NUMBER LOG NAME PAGE 02/27/96 ~~p_'7800 13RESALE 2 of 2 SUBJECT APPROPRIATION OF REVENUES AND AGREEMENT FOR MERCHANDISE. PURCHASED FOR RESALE FROM VARIOUS VENDORS FOR THE CITY STORE In selecting the logo merchandise to be resold in the City Store, staff is primarily concerned with quality, workmanship, marketability, price, and price discount offers for orders meeting certain quantity and payment criteria Staff has identified vendors capable of supplying the City Store with the types of logo merchandise that can be successfully sold there Authority to order direct from a wide range of local suppliers will alleviate delays, expedite purchases best suited to customer needs, and guarantee the best quality of logo merchandise at the lowest possible price for the City Store A specific purchase limit per vendor has not been identified This allows the City Store to vary the purchase of items according to seasonal sales volume However, the total purchase of merchandise for resale will not exceed 550,000 00 The award of a one-year purchase agreement for purchases to be made on an "as needed" basis reduces the required volume of inventory necessary to stock the City Store for a particular season Additional vendors may be added to the list as identified through the year FISCAL INFORMATION/CERTIFICATION The Director of Fiscal Services certifies that upon adoption of the attached appropriation Ordinance, funds required for these purchase agreements will be available in the operating budget, as appropriated, of the Special Trust Fund CB a Submitted for City Manager's FUND ACCOUNT CENTER AMOUNT CITY SECRETARY Office by: (to) (1) FE72 522100 013512001000 $50,000.00 ~ Charles Boswell 8511 (1) FE72 481225 013 APPR0I~ED 512001000 $50,000.00 Originating Department Head: CITY C4U~Cf~ Charles Boswell 8511 (from) t' CB ~'~ ~; (2) FE72 522100 013512001000 For Additional Information ~Ltc ~ ~-~ Contact: City Secretary ~ iJbiQ City of Fort yirori~t, 3e~ David Bragg 8512 „... :~ :~ :,y Printed on Recyded Paper