HomeMy WebLinkAboutOrdinance 11317~~
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ORDINANCE NO ~~
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AN ORDINANCE APPROPRIATING $700,000 00 TO THE GOLF
COURSE FUND AND DECREASING THE UNRESERVED,
UNDESIGNATED RETAINED EARNINGS BY THE SAME AMOUNT FOR
THE PURPOSE OF FUNDING THE CONSTRUCTION OF SYCAMORE
CREEK GOLF COURSE CLUBHOUSE AND MAINTENANCE
COMPLEX, 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 1992-93
and in the Budget of the City Manager, there shall also be increased appropriations in the Golf Course
Fund in the amount of $700,000 00, thereby decreasing the unreserved, undesignated Retained
Earnings by the same amount, for the purpose of funding the construction of Sycamore Creek Golf
Course Clubhouse and Maintenance Complex.
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 11151 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of said prior ordinances and appropriations are hereby expressly repealed.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~ y Attorney
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~IASLER Flt£•W
ACC~UNTIPIQ•2 ~~, of Fort worth, Texas
TaAnsPORr,~r+can(tau~'tlc wbstK~t.>t ~r~j /^_
N~7ER ADrN iN1S~i1~~~ ~~ ~~IIr~~ -~~ ^ ,'~~~~~~i~
ENG~NEERiNG w "/SI v vi~V
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MAMA(
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DATE REFERENCE NUMBER LOG NAME PA E
05/11/93 C-13827 20GOLF 3 of 3
E~B~EFGI~E INC., FOR CONSTRUCTION OF SYCAMORE CREEK
•~~CONTRACT WITH CORONADO BUILDERS
.
GOLF COURSE CLUBHOUSE AND MAINTENANCE COMPLEX SUPPLEMENTAL APPROPRIATIONS
& RECREAT ORDINANCE INCREASING APPROPRIATIONS IN THE GbLF COURSE FUND AND TRANSFER OF
FUNDS FROM THE GOLF COURSE FUND TO THE PARK AND RECREATION IMPROVEMENT FUND
Total cost of improvements and project-related charges for Sycamore Creek Golf Course
project will come to $2,475,000.00. While the original bond program identified
$1,500,000.00 for this project, additional funds will be generated from the Golf
Enterprise Fund revenues. The original bond description only noted golf course
improvements and did not include a clubhouse or maintenance facility. To provide a
basic level of services ,comparable with other City golf facilities, a clubhouse and a
maintenance complex are recommended to be funded from retained earnings.
FISCAL INFORMATION/CERTIFICATION:
The Director of Fiscal Services certifies that upon adoption of the Supplemental
Appropriations Ordinance and approval of the fund transfer, funds required for this
project will be available in the capital budget of the Park and Recreation Improvement
Fund. The unreserved, undesignated retained earnings of the Golf Fund following this
supplemental appropriations will be $1,612,384.00.
MG:b
a
Su fitted for City Manager's CENTER AMOUNT
FUND ACCOUNT CITY SECRETARY
Office by: to
1 PE39 538070 0804090 700,000.0 C~'rl/ C®~JIVCO~
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Mike Groomer 6140 2 GC 5 541200 08005047001 700,000.0 ~
Originating Department Head: ~ '~ xx ,~~
,
Gary Santerre 7804 from ~~ ~~~~
2 PE39 538070 0804090 700, 000 0 Cflt
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For A t ona In ormat~on
3 GC05
541200
08005047001
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Citgof Fort Worth,3'exas
Contact: - ted Ordic~anc
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Gary Santerre 7804 p
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