HomeMy WebLinkAboutOrdinances (O-05-1527)-06/17/2005
ORDINANCE 0-05-1527
AN ORDINANCE AMENDING SECTION 2 OF ORDINANCE 0-04-1493 RELATING TO
THE FISCAL YEAR 2004-2005 BUDGET, TO AUTHORIZE THE EXPENDITURE OF
$300,000 OF UNAPPROPRIATED FUND BALANCE OF THE GENERAL FUND FOR THE
ENGINEERING AND CONSTRUCTION COSTS FOR THE TARA SUBDIVISION
DRAINAGE WORK; AND PROVIDING FOR AN EFFECTIVE DATE
WHEREAS, the City Council desires that additional funding be added to the Street
Department budget (line item Account 001-33-6620), in the amount of
$300,000 for the engineering and construction costs for the Tara Subdivision
Division and the source of the funding is the unappropriated fund balance;
and
WHEREAS, the appropriation was not included in the Fiscal Year 2004-2005 Budget
approved by the City Council; and
WHEREAS, the City Council finds that the adoption 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 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 2004-2005 as
adopted by Ordinance 0-04-1493 are amended to read as follows:
General Fund
Utility Fund (Water & Wastewater)
Debt Service Fund
Drainage Utility Fund
$14,595,071
$ 8,468,927
$ 2,132,271
$ 672,036
The additional $300,000 being added to the General Fund shall come from
the unappropriated fund balance.
See .3.
THAT the City Manager be and is hereby authorized to make the
appropriate change to the budget to reflect the changes noted above.
See .4.
THAT the effective date of this ordinance shall be immediate upon its
passage.
Ordinance 0-05-1527
Page 2 of 2
AND IT IS SO ORDERED.
The first reading and public hearing being conducted on the
~~ 2005.
Tfecond reading and public hearing being conducted on the
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day of
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CITY OF cOLLEYVILLE
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Cynthia Singleton, TRMC
City Secretary
David Kelly
Mayor
APPROVED AS TO FORM AND LEGALITY:
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Matthew C.G. Boyle
City Attorney