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HomeMy WebLinkAboutOrdinances (O-04-1438)-01/20/2004 ORDINANCE 0-04-1438 AN ORDINANCE AMENDING SECTION 2 OF ORDINANCE 0-03-1431 RELATING TO THE FISCAL YEAR 2003-2004 BUDGET, TO AUTHORIZE THE EXPENDITURE OF UP TO $378,063 OF UNAPPROPRIATED FUND BALANCE OF THE GENERAL FUND FOR THE CONSTRUCTION OF SNEED PARK PRACTICE FIELDS; PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the City Council desires that additional funding be added to the Parks Department budget (line item Account 001-32-6625) in the amount of $378,063 for the City's participation in the construction of Sneed Park practice fields and the source of the funding is the unappropriated fund balance; 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 0-03-1431 are amended to read as follows: General Fund Utility Fund (Water & Wastewater) Debt Service Fund Drainage Utility Fund $13,724,719 $ 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. Sec.4. THAT the effective date of this ordinance shall be immediate upon its passage. AND IT IS SO ORDERED. Ordinance 0-04-1438 Page 2 of 2 (pJtj ~}tj T e first reading and public hearing being conducted on the 2004. f!-lC<Jnd reading and public hearing being conducted on the u DAr..J 2004. Cynthia Singleton, TRMC City Secretary APPROVED AS TO FORM AND LEGALITY: fftts. Ross 1. Foster City Attorney day of day of