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HomeMy WebLinkAboutOrdinance 12397Ordinance No AN ORDINANCE INCREASING THE ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE CAPITAL PROJECTS RESERVE FUND IN THE AMOUNT OF $360,000 00 FOR THE PURPOSE OF FUNDING THE PURCHASE OF MATERIALS TO STOCK THE EAST REGIONAL LIBRARY; 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 Capital Projects Reserve Fund in the amount of $360,000 00 for the purpose of funding the purchase of materials to stock the East Regional Library 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed SECTION 4 This ordinance shall take effect and be in full force and effect and after the date of its passage, and it is so ordained APPROVED AS TO FORM AND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 ,/ ~ o Assi nt Cit ~ttorne ~~g~ Date // ~- ~ ~ ~ ~l~ Adopted Effective City of Fort Worth, Texas 1~dayor and Council Communication DATE REFERENCE NUMBER LOG NAME PAGE 02/13/96 >E>F 13FUND 1 of 1 SUBJECT TRANSFER FROM CAPITAL PROJECTS RESERVE FUND TO THE LIBRARY IMPROVEMENT FUND, THE EAST REGIONAL LIBRARY RECOMMENDATION It is recommended that the City Council authorize the City Manager to 1 Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the Capital Projects Reserve Fund by 5360,000 from increased revenue, and 2 Authorize the transfer of 5360,000 from the Capital Projects Reserve Fund to the Library Improvement Fund, East Regional Library, and 3 Authorize the purchase of library materials to stock the East Regional Library in preparation for opening day DISCUSSION On August 23, 1994 through M&C G-10781, the City Council adopted a policy to improve the Fort Worth Public Library System This policy provided a plan for the completion of the expansion project at Central Library and the design, construction and stocking of the East Regional Library through the use of funds from the Capital Projects Reserve Fund The design and construction of East Regional is being done through the use of 52,630,000 in bond funds However, these funds are not sufficient for the purchase of materials to stock the facility In order to begin the purchase of materials for the opening of this facility, funds in the amount of 5360,000 are needed FISCAL INFORMATION/CERTIFICATION The Director of Fiscal Services certifies that upon the approval of the above recommendations and adoption of the attached appropriations ordinance, funds required for this expenditure will be available in the Capital Projects Reserve Fund The balance in the Capital Projects Reserve Fund after this transfer will be 5672,127 CB a Submitted for City Manager's FUND ACCOUNT CENTER AMOUNT CITY SECRETARY Office by: (to) (2) GC65 472010 084650114000 $360,000.00 -~ GC65 521010 084650114000 $300,000.00 APPROVED Charles Boswell 8511 GC65 539120 084650114000 $60,000.00 CI TY (`~~~~QA~1~Q Originating Department Head: GC10 472040 013010001000 $360,000.00 ~+ d~ ;~~~ L GC10 538070 013010001000 $360,000.00 F~~ ~~ (from) Jim Keyes 8317 (1) GC 10 538070 013010001000 $360,000 00 ~,~~ ~,~,~ For Additional Information Cic"iy Secaetary of tlto Contact: City of Fort SWorth,'Pex~es Bridgette Garrett 8518 Printed a, Recyded Paper Adopted Ordinance No.