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HomeMy WebLinkAboutOrdinances (O-14-1929)-09/16/2014 ORDINANCE 0-14-1929 AN ORDINANCE BY THE CITY COUNCIL OF THE CITY OF COLLEYVILLE, TEXAS, APPROVING AND ADOPTING THE ANNUAL BUDGET FOR THE CITY OF COLLEYVILLE, TEXAS, FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2014 THROUGH SEPTEMBER 30, 2015, A COPY OF SAME BEING ON FILE IN THE OFFICE OF THE CITY SECRETARY, TO BECOME EFFECTIVE ON OCTOBER 1, 2014 WHEREAS, in compliance with Article 689a-14, Vernon's Texas Civil Statutes, the city manager did file with the city secretary, a copy of the budget of the proposed expenditures for the fiscal year beginning October 1, 2014, and ending September 30, 2015, such filing being more than thirty (30) days prior to the date on which the City Council makes its tax levy for said fiscal year; and WHEREAS, all statutory and constitutional requirements for the passage of this ordinance have been adhered to, including but not limited to the Open Meeting Act; and WHEREAS, the City Council determines that the passage of this ordinance is in the best interests of the health, safety, and welfare of the public. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF COLLEYVILLE, TEXAS: Sec. 1. THAT all matters stated hereinabove are found to be true and correct and are incorporated herein by reference as if copied in their entirety. Sec. 2. THAT the budget of the proposed expenditures for the fiscal year beginning October 1, 2014, and ending September 30, 2015, which was prepared by the city manager, a copy of which is on file in the Office of the City Secretary, is hereby made a part of this ordinance by reference and is hereby approved and adopted by the City Council of the City of Colleyville, Texas, as the official budget for the fiscal year beginning October 1, 2014, and ending September 30, 2015. Sec. 3. THAT appropriation amounts for the Fiscal Year 2015 budget for the different funds of the City of Colleyville are hereby fixed as follows: Ordinance 0-14-1929 Page 2 of 3 General Fund $23,028,218 Utility Fund (Water & Wastewater) $14,005,640 Debt Service Fund $ 1,382,192 Drainage Utility Fund $ 1,121,825 Sec. 4. THAT the expenditure budget for the Fiscal Year 2015 Capital Improvement Program (CIP) of the City of Colleyville is hereby approved as follows: Fiscal Year 2015 CIP $24,139,048 Sec. 5. THAT the city manager is hereby authorized to execute all contracts and documents for which funding is appropriated in the aforementioned budgets. AND IT IS SO ORDERED. The first reading and public hearing being conducted on the 2"d day of September 2014. The second reading and public hearing being conducted on the 16th day of September 2014. PASSED, APPROVED and ADOPTED BY THE CITY COUNCIL OF THE CITY OF COLLEYVILLE, TEXAS, THIS THE ILQPDAY OF 6hcr 2014, BY THE FOLLOWING VOTE: David Kelly . Carol Wollin 4- Chuck Mogged L Chris Putnam $- Jody Short _ Tom Hart Mike Taylor -ATTEST: CITY OF COLLEYVILLE CIO / Ate LOP , • Arn 11-helley, M David Kelly City Secretary Mayor Ordinance 0-14-1929 Page 3 of 3 APPROVED AS TO FORM AND LEGALITY: WC (14" Matthew C. G. Boyle City Attorney