Loading...
HomeMy WebLinkAboutOrdinance 11775ORDINANCE NO l/ Z~ AN ORDINANCE INCREASING THE ESTIMATED RECEIPTS AND APPROPRIATIONS iN THE SPECIALLY FUNDED CAPITAL PROJECTS FUND IN THE AMOUNT OF $170,000 00 FOR THE PURPOSE OF TRANSFERRING FUNDS FROM THE CAPITAL PROJECTS RESERVE FUND FOR UTILITY IMPROVEMENTS AT THE FORT WORTH ZOO; 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 Specially Funded Capital Projects Fund in the amount of $170,000.00 for the purpose of transferring funds from the Capital Projects Reserve Fund for Utility Improvements at the Fort Worth Zoo. 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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 ~1 ity orney ~zl~lg~ ~~ Date Adopted /~-~ -~~ Effective City of Fort Worth, Texas Mayor anc~' Council Communication DATE REFERENCE NUMBER LOG NAME PAGE 12/20/94 I G10924 I 13200 I 1 of 2 I SUBJECT I TRANSFER FROM CAPITAL PROJECTS RESERVE FUND FOR UTILITY I IMPROVEMENTS AT THE FORT WORTH ZOO RECOMMENDATION It is recommended that the City Council 1 Adopt the attached supplemental appropriations ordinance increasing estimated receipts and appropriations in the Capital Projects Reserve Fund by S 170,000 00 from increased revenues, and .2 Authorize the transfer of 5170,000 00 from the Capital Projects Reserve Fund to the Specially Funded Capital Prolects Fund, and 3 Adopt the attached supplemental appropriations ordinance increasing estimated receipts and appropriations in the Specially Funded Capital Projects Fund by 5170,000 00 from increased revenues DISCUSSION Section $ 04 of the City's contract with the Zoological Association states that the City will relocate or alter basic utilities to accommodate any construction or mod~f~cat~ons at the Zoo On August 1 1, 1994, during the presentation of the 1994-95 Zoo budget, Council was informed that the Zoological Association was planning seven construction protects during the 1994-95 fiscal year that would require basic utility modif~cat~ons A summary of each protect, the utility modification cost to be paid by the City, and the construction cost to be paid by the Zoological Association appears below Project Yellow Rose Saloon Bugs & Butterflies Maintenance Complex Front Gift Shop Train Depots Red Panda Komodo Dragon Total Utility Cost (Cityl 5 20, 000 00 10, 000 00 25,000 00 50,000 00 35,000 00 5,000 00 25,000.00 5170,000 00 Construction Cost (Zoological Association) 5225,000 00 265;000 00 200,000 00 1,000,000 00 1, 000, 000 00 50,000 00 100,000.00 5 2, 840, 000 00 •-«~ Printed on recycled paper City of Fort Worth, Texas Mayor and Council Communication DATE REFERENCE NUMBER LOG NAME PAGE 12/20/94 (i-10924 13200 2 of 2 SUBJECT TRANSFER FROM CAPITAL PROJECTS RESERVE FUND FOR UTILITY IMPROVEMENTS AT THE FORT WORTH ZOO It is recommended that the City's utility modifications costs be paid out of the Capital Projects Reserve Fund These improvements meet City financial policy requirements of having a useful life of ten years or longer Upon completion of the construction projects, the improvements will become the property of the City and the Zoological association will establish a maintenance endowment for 5 percent of the construction costs for each project Further, the Zoological association is responsible for maintaining these improvements on a day-to-day basis FISCAL INFORMATION/CERTIFICATION The Director of Fiscal Services certifies that upon approval of the above recommendations and adoption of the attached appropriations ordinances, funds required for these improvements will be available in the current capital budget of the Specially Funded Capital Projects Fund The cash balance in the Capital Projects Reserve Fund after this transfer will be 53,085,906 00 CB r Submitted for City Manager's FUND ACCOUNT CENTER AMOUNT CITY SECRETARY Office by: (to) (1) GC10 472040 013010001000 $170 000.00 Charles Boswell 8500 (1) GC10 538070 013010001000 $170 000 00 Originating Department Head: (2) GC35 472010 081018001000 $170 000 00 (3) GC35 4720]0 081018001000 $170,000 00 (3} GC35 539120 081018001000 $170 000 00 Jim Keyes $517 (from) (2) GC10 538070 013010001000 $170 000 00 For Additional Information Contact: Jim Keyes 8517 -~ Printed on recycled paper