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HomeMy WebLinkAboutOrdinance 11352^~~\. ~ =~ ORDINANCE NO ~~ AN ORDINANCE APPROPRIATING $574,574 03 TO THE GENERAL FUND AND DECREASING THE UNRESERVED, UNDESIGNATED FUND BALANCE BY THE SAME AMOUNT FOR THE PURPOSE OF FUNDING THE FORT WORTH INDEPENDENT SCHOOL DISTRICT'S PRO RATA SHARE OF THE FINAL AMOUNT RECEIVED FROM SOUTHWESTERN BELL TELEPHONE COMPANY UNDER ORDINANCE NO 1933, 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 General Fund in the amount of $574,574 03, thereby decreasing the unreserved, undesignated fund balance by the same amount, for the purpose of funding the Fort Worth Independent School District's pro rata share of the final amount received from Southwestern Bell Telephone Company under Ordinance No 1933 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in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed.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 City Attorney Z - (~ --~ 3 Date Adopted Effective ,~~~~ "" MASTER F-'i.E~S ACCOUNTING 2 TRANSPORTATION~PUBLIC WORKQ~I9 City of Fort ~ortl~, Texas N~fER ADMINISTR i ~ or ~y~ Council Cannmunicati~~n ENGINEERING MP.NA f~'r~ RVIC 06/93 G-10233 12SWB loft SUBJECT I AUTHORIZATION TO PAY PORTION OF 1992 SOUTHWESTERN BELL TELEPHONE COMPANY I FRANCHISE FEES TO FORT WORTH INDEPENDENT SCHOOL DISTRICT RECOMMENDATION: It is recommended that the City Council: 1. Adopt the attached supplemental appropriations ordinance increasing General Fund appropriations by $574,574.03 and reducing, the Unreserved Undesignated General Fund Balance by the same amount, and 2. Authorize the City Manager to approve the payment of $574,574.03 to the Fort Worth Independent School District as the District's share of 1992 franchise fees paid by Southwestern Bell Telephone Company to the City. DISCUSSION: On December 23, 1.936, the City Council of the City of Fort Worth adopted Ordinance No. 1933 which granted a franchise to Southwestern Bell Telephone Company. This ordinance required the Company to pay the City an annual franchise fee equal to two percent of the Company's gross receipts. On December 30, 1936, the City Council adopted Ordinance No. 1935 which provided that the payments received by the City under Ordinance No. 1933 would be apportioned between the City and the Fort Worth Independent School District. On September 1, 1992, the City Council adopted Ordinance No. 11163, anew Southwestern Bell Telephone Company franchise ordinance. This ordinance repealed and replaced Ordinance No. 1933. To satisfy the payment due the City under Ordinance 1933 for the period from January 1, 1992 through August 31, 1992, the Telephone Company paid the City $2,298,296.09. To satisfy the City's obligation to share the 1992 franchise fee payment with the Fort Worth Independent School District, the City should pay the District $574,514.03. ~•i Printed on recycled paper r City of Fort Worth, Texas Mayor and Council C~crrr~munication DATE 07/06/93 REFERENCE NUMBER G-10233 L NAME 12SWB PAGE 2 of 2 SUBJECT AUTHORIZATION TO PAY PORTION OF 1992 SOUTHWESTERN BELL TELEPHONE COMPANY FRANCHISE FEES TO FORT WORTH INDEPENDENT SCHOOL DISTRICT FISCAL INFORMATION/CERTIFICATION: The Director of Fiscal Services certifies that upon adoption of the attached Supplemental Appropriations Ordinance, the funds required for this expenditure will be available in the current operating budget of the General Fund. CB:v Su itte for City Manager's FUND ACCOUNT CENTER AMOUNT CITY SECRETARY Office by to GGO1 539120 Charles Boswell 8500 0909101 574, 574.0 AppRpVED Originating Depart~ent Nead CITY COUNCIL Wade Adkins 7623 from JUL 6 '~~~ GGO1 539120 For A t ona In ormation 0909101 574,574 0 ~~ Contact y of e ~ ~W ~~ Wade Adkins 7623 'f xa Qri o Cikq f F dOpt2tl ~rdinancIO. ~ ~~ Printed on recycled paper