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HomeMy WebLinkAboutOrdinances (O-03-1431)-12/02/2003 ORDINANCE 0-03-1431 AN ORDINANCE AMENDING SECTION 2 OF ORDINANCE 0-03-1430 RELATING TO THE FISCAL YEAR 2003-2004 BUDGET, TO AUTHORIZE THE EXPENDITURE OF $400,000 OF UNAPPROPRIATED FUND BALANCE OF THE GENERAL FUND FOR ADDITIONAL STREET IMPROVEMENTS ($340,000) AND THE EXTENSION OF SIDEWALKS ALONG A PORION OF GLADE ROAD ($60,000) IN FISCAL YEAR 2003- 2004; PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the City Council desires that additional funding be added to the Street Department budget for street improvements (line item Account 001-33-6319) in the amount of $340,000 and the Engineering Department budget for the extension of sidewalk along a portion of Glade Road (line item Account 001- 18-6388) in the amount of $60,000 and the source of the funding is the addition to fund balance from the Fiscal Year 2002-2003 Budget; and WHEREAS, the appropriation was not included in the Fiscal Year 2003-2004 Budget approved by the City Council. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF COLLEYVILLE, TEXAS: Sec.1. THAT all of the above premises are found to be true and correct and are hereby incorporated into the body of this ordinance as if copied in their entirety herein. Sec. 2. THAT appropriations in the annual budget for Fiscal Year 2003-2004 as adopted by Ordinance 0-03-1430 are amended to read as follows: General Fund Utility Fund (Water & Wastewater) Debt Service Fund Drainage Utility Fund $13,346,656 $ 8,304,466 $ 2,191,087 $ 630,282 Sec.3. THAT the City Manager be and is hereby authorized to make the appropriate change to the budget to reflect the changes noted above. SecA. THAT the effective date of this ordinance shall be immediate upon its passage. AND IT IS SO ORDERED. Ordinance 0-03-1431 Page 2 of 2 The first reading and public hearing being conducted on the / r?Y, day of L.wntvU 2003. he second reading and public hearing being conducted on the r::::l~ day of 2003. Cynthia Singleton, TRMC City Secretary ~tk APP~OVE~ AS TO FORM AND LEGALITY: ..f~ Ross T. Foster City Attorney