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HomeMy WebLinkAboutOrdinance 12353ORDINANCE NO: ~~~ AN ORDINANCE INCREASING THE ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE ENVIRONMENTAL MANAGEMENT FUND IN THE AMOUNT OF $157,540.10 FOR THE PURPOSE OF FUNDING PRIOR YEAR REIMBURSEMENTS AND INTEREST EARNINGS; 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 Environmental Management Fund in the amount of $157,540.10 for the purpose of funding prior year reimbursements and interest earnings. 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. 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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 from and after the date of its passage, and it is so ordained. APPROVED AS TO FORM AND LEGALITY Adopted Effective City of Fort Worth, Texas Mayor and Council Communication DATE REFERENCE NUMBER LOG NAME PAGE 01 /16/96 **G-11365 52EARN 1 of 1 SUBJECT APPROPRIATION FOR THE ENVIRONMENTAL MANAGEMENT FUND FROM PRIOR YEAR REIMBURSEMENTS AND INTEREST EARNINGS RECOMMENDATION It is recommended that the City Council adopt the attached appropriations ordinance increasing estimated receipts and appropriations in the Environmental Management Fund by 5157,540 10 from prior year reimbursements and interest earnings DISCUSSION With the adoption of the FY 1992-93 budget, the City Council created the Environmental Management Fund as a better way to identify the true cost of environmental projects undertaken by the Department of Environmental Management Revenue for this fund comes from the 50 cent Environmental Protection Fee, state reimbursements for underground storage tank remediations, and interest earnings of the fund During FY 1994-95, reimbursements totaling 519,389 36 were received from the state for underground storage tank remediations Interest earnings for FY 1993-94 in the amount of 563,275 33 and for FY 1994-95 in the amount of 574,875 41 were received and deposited into the Environmental Management Fund, but have not been appropriated for use The revenue will be used to help fund various environmental projects during FY 1995-96 including the installation of equipment upgrades on underground storage tanks (UST's), City generated hazardous waste disposal and emergency spill clean-up City Council approval will be required prior to the awarding of any contracts for these types of projects FISCAL INFORMATION/CERTIFICATION The Director of Fiscal Services certifies that upon adoption of the attached appropriations ordinance, funds will be available for future environmental projects in the current operating budget of the Environmental Management Fund MG a Submitted for City Manager's FUND ACCOUNT CENTER AMOUNT CITY SECRETARY Office by: (to) R101 539120 052011000000 $138,150 74 APPRO Charles Boswell 8511 R101 539120 052021000000 $19,389.36 VED i ti O i D rt t H d 01 R 4410 2 20 10 000 3 CITY GGUNCIL r g na ng epa men ea : 1 1 05 1 0 0 $1 8,150 74 R101 488200 052021000000 $19,389.36 Ed d Si 8079 g6 1~~~ ~A~ war erra (from) """w ~"~ For Additional Information CiE Secre4a~ry of idte Contact: y Citylof Fort'OVo:!!t, Tsxati Edward Sierra 8079 Printed on Bagdad Paper Adopted Ordinance No.