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HomeMy WebLinkAboutOrdinance 11704ORDINANCE NO ~ O~ AN ORDINANCE INCREASING THE ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE SPECIAL TRUST FUND IN THE AMOUNT OF $10,000.00 FOR THE PURPOSE OF ACCEPTING A DONATION FROM UNION PACIFIC RESOURCES FOR THE CASH MATCH TO THE ECONOMIC DEVELOPMENT ADMINISTRATION GRANT FOR SUDDEN AND SEVERE ECONOMIC DISLOCATIONS, 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 Special Trust Fund in the amount of $10,000 00 for the purpose of accepting a donation from Union Pacific Resources for the cash match to the Economic Development Administration Grant for Sudden and Severe Economic Dislocations. 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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 .~ ~~ ity orney ~ '` lO(~ 4¢ Date ~-~/- ~~ Adopted ~~ ~~' ~~ Effective City of Fort Worth, 7"exas Mayor anal Council Communication DATE REFERSNCS NUMBER LOG NAME PAGE 10/11/94 G10838 13PACIF 1 of 1 SUBJECT DONATION FROM UNION PACIFIC RESOURCES FOR THE CASH MATCH TO THE ECONOMIC DEVELOPMENT ADMINISTRATION GRANT FOR SUDDEN AND SEVERE ECONOMIC DISLOCATIONS RECOMMENDATION It is recommended that the City Council authorize the City Manager to 1 Accept a donation of S 10,000 00 from Union Pacific Resources, and 2 Adopt the attached appropriations ordinance increasing by S 10,000 00 estimated receipts ~ and appropriations in the Special Trust Fund from increased revenue, and 3 Approve the expenditure of S 10,000 00 in the Special Trust Fund for a portion of the cash match required to qualify for the Economic Development Administration grant for sudden and severe economic dislocations DISCUSSION On September 27, 1994, the City Council approved a resolution authorizing applications to the Economic Development Administration for financial assistance under Title IX, Special Economic Development and Adjustment Assistance Program -Sudden and Severe Economic Dislocations for funding of the Business Assistance Center The amount of funds applied for is S 1,184,497 00 Union Pacific Resources has donated S 10,000 00 toward the fulfillment of the required cash match FISCAL INFORMATION/CERTIFICATION The Director of Fiscal Services certifies that upon adoption of the attached appropriations ordinance, the donated funds will be available for expenditure in the current operating budget of the Special Trust Fund CB I Submitted for City Manager's FUND ACCOUNT CENTER AMOUNT CITY SECRETARX Office by: (to) FE72 488100 002525000000 $10,000.00 AT1~~VVGA! Charles Boswell 8soo CITY C0~?{'t~'L Originating Department Head: OCT 11 1994 Charles Boswell 8500 (from) FE72 539120 0025250000 $10,000.00 ~~ ~~,~„/ For Additional Information +~t1 ~iaty of tltA 'f Contact: eRas (`,tt7 OS pp;t WOCII4 Charles Boswell 8500 =~? Printed on recycletl paper