HomeMy WebLinkAboutOrdinance 12037ORDINANCE NO /oCy~~
AS AMENDED
AN ORDINANCE INCREASING THE ESTIMATED RECEIPTS AND
APPROPRIATIONS IN THE GRANTS FUND IN AN AMOUNT UP TO
$150,000 00 FROM INCREASED REVENUE FOR THE PURPOSE OF
FUNDING STUDIES RELATED TO DISCRIMINATION IN MORTGAGE
LENDING; 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 1994-95 and in
the Budget of the City Manager, there shall also be increased estimated receipts and appropriations in the
Grants Fund in an amount up to $150,000.00 from increased revenue for the purpose of funding studies relaed to
discrimination in mortgage lending.
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. 11645 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and appropriations are hereby expressly repealed.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
~.~iEity torney ,
_~l I ~~ ~`7 ~'.
Date
7 1 ~- ~~
Adopted
Effective
City of Fort Worth, Texas
1~Iayor and Council Communication
07/18/95 ~ **G-11159 ~ 07GRANT ~ 1 of 2
3UBJ8CT GRANT APPLICATION TO U S DEPT OF HOUSING AND URBAN DEVELOPMENT FOR
STUDIES RELATED TO DISCRIMINATION 1N MORTGAGE LENDING AND INSURANCE
REDLINING
RECOMMENDATION
It is recommended that the City Council authorize the City Manager to
Submit a grant application to the U S Department of Housing and Urban Development
(HUD) for funding in the amount of up to 5150,000 00 for the performance of Fair
Housing-related studies under HUD's Fair Housing Initiatives Program (FHIP) The activities
proposed under the grant are (1) the performance of a testing program in which the
practices of major mortgage tending institutions are examined with respect to applicable
housing discrimination laws, and (2) the performance of a study of the practices of
providers of homeowners insurance with respect to applicable housing discrimination laws,
and
2 Adopt the attached appropriations ordinance increasing estimated receipts and
appropriations in the Grants Fund up to 5150,000 00 from increased revenue, contingent
upon receipt and deposit of funds, and
3 Authorize the Accounting Division of the Fiscal Services Department, subject to approval
by the U S Dept of Housing and Urban Development and the City Manager's acceptance
of the grant, to establish the Fair Housing Initiatives Program project accounts in the City
of Fort Worth's financial accounting system
DISCUSSION
Each year the U S Dept of Housing and Urban Development (HUD) solicits proposals for Fair
Housing activities under its Fair Housing Initiatives Program (FHIP) The FHIP program is
designed to provide funding of special projects in the area of Fair Housing State and local Fair
Housing enforcement agencies, such as the Fort Worth Human Relations Commission (FWHRC),
are eligible to apply for the funding of such projects
Of late, HUD has made the addressing of discrimination in mortgage lending and insurance
"redlining" its first priority The FWHRC will propose the conducting of a testing program in
which lthe pre-application practices of local mortgage lending institutions are tested for
compliance with Fair Housing laws The FWHRC will also propose the conducting of a statistical
study of patterns of sales of homeowner's insurance within Fort Worth Studies of this kind
have never been performed in Fort Worth
This project will apply equally to all council districts
City of Fort Worth, Texas
Mayor and Council Communication
DATE
07/18/95 REFERENCE NUbIBBR *'kG-11159 LOG NAMB
07GRANT PAGE
2 of 2
StTBJECT GRANT APPLICATION TO U S DEPT OF HOUSING AND URBAN DEVELOPMENT FOR
STUDIES RELATED TO DISCRIMINATION IN MORTGAGE LENDING AND INSURANCE
REDLINING
FISCAL INFORMATION/CERTIFICATION
The Director of Fiscal Services certifies that upon execution of the grant agreement with the U S
Department of Housing and Urban Development and the adoption of the attached appropriation
ordinance, funds will be available in the current budget of the Grants Fund
The Director of Fiscal Services certifies that the Human Relations Commission will. be responsible
for the collection of the funds due the City under this agreement
CB a
Submitted for City Manager's FUND ACCOUNT CENTER AMOUNT CITY SECRETARY
Office by: (to)
Ramon Guajardo 6140 APP~O~f ~p
Originating Department Head: (~
~~~~ ~~C~~
Michael D Ivey 7525 (from) ~~'~ ~~
For Additional Information ~~
~caa,o,~ ~~
Contact: City ffiearataarg of the
City of Fbgt f~ortty Texas
Michael D Ivey 7525