HomeMy WebLinkAboutOrdinance 12581Ordinance No. ~~/
AN ORDINANCE INCREASING THE ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE
STATE REVOLVING FUND-SEWER IN THE AMOUNT OF $17,120,000 00 FROM AVAILABLE
FUNDS FOR THE PURPOSE OF FUNDING THE VILLAGE CREEK DIGESTER GAS UPGRADE
PROJECT, WEST FORK COLLECTOR CONTRACT 2 AND CONTRACT 3, PROVIDING FOR A
SEVERABII.TTY CLAUSE, MAKING THIS ORDINANCE CUMULATIVE OF PRIOR
ORDINANCES AND REPEALING ALL PRIOR ORDINANCES IN CONFLICT HEREWITH, AND
PROVIDING AN EFFECTIVE DATE.
BE TT 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 State Revolving Fund-
Sewer in the amount of $17,120,000.00 from available funds for the purpose of funding the Village Creek Digester Gas
Upgrade Project, West Fork Collector Contract 2 and Contract 3
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expressly repealed.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.
APPROVED AS TO FORM AND LEGALITY
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City Attorn
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Date
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Adopted
Effective
City of Fort Worth, Texas
Mayor and Council Communication
DATE REFERENCE NUMBER LOG NAME PAGE
07/16/96 **G-11518 60LIEN 1 of 1
SUBJECT APPROPRIATIONS FOR $17,120,000 WATER AND SEWER SYSTEM SUBORDINATE
LIEN REVENUE BONDS SERIES 1996
RECOMMENDATION
It is recommended that the City Council adopt the attached appropriation ordinance increasin
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estimated receipts and appropriations by 517,120,000 in the State Revolving Fund-Sewer for
Sewer System projects as follows
Village Creek Digester Gas Upgrade Phase IVC2 59,128,000 00
Unspecified 7,992,000.00
Total 517,120,000 00
DISCUSSION
On June 11, 1996, City Council approved M&C G-11494 (Ordinance #12546) authorizing the
sale of 517,120,000 00 Water and Sewer Subordinate Lien Revenue Bonds to the Texas Water
Development Board (TWDB)
The 517,120,000 00 in Revenue Bonds are to be used for the Village Creek Digester Gas
Upgrade Project, West Fork Collector Contract 2 and Contract 3 The amounts required for the
West Fork Collector contracts are being appropriated into Unspecified Projects in the State
Revolving Fund-Sewer The projects will then be competitively bid and award of contract will
be presented to the City Council at the appropriate time
FISCAL INFORMATION/CERTIFICATION
Funds are available from the TWDB as a result of the June land sale and will be released to the
City upon the TWDB's receipt of executed contracts for specific projects Therefore, the Director
of Fiscal Services certifies that funds are available for the recommended appropriations
MGf
Submitted for City Manager's FUND ACCOUNT CENTER AMOUNT CITY SECRETARY
Office by: (to)
PE42 488112 070420160090 $9 128,000 00
Mike Groomer 6140 PEa2 488112 070420169010 $7,992,000 00 APPROVED
Originating Department Head: PE42 541200 070420160090 $9,812,913 00 C ITY CQUNC p~
PE42
541200
070420169010
$7,992,000.00 .
Lee Bradley, Jr 8207 (from) J~~ 16 X996
For Additional Information ~, ,
Contact: City.Sseretary of the
Lee Bradley, Jr g2p7 City of I•ort V9orth, Texas
Printed on Recyded Paper Adopted Ord~nant;~e [~d ,~~~'~~