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HomeMy WebLinkAboutOrdinances (ORDINANCE O-15-1967)-09/15/2015 ORDINANCE 0-15-1967 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, 2015 THROUGH SEPTEMBER 30, 2016, A COPY OF SAME BEING ON FILE IN THE OFFICE OF THE CITY SECRETARY, TO BECOME EFFECTIVE ON OCTOBER 1, 2015 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, 2015, and ending September 30, 2016, 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, 2015, and ending September 30, 2016, 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, 2015, and ending September 30, 2016. Sec. 3. THAT appropriation amounts for the Fiscal Year 2016 budget for the different funds of the City of Colleyville are hereby fixed as follows: Ordinance 0-15-1967 Page 2o 3 General Fund $23,977,370 Utility Fund (Water & Wastewater) $15,886,362 Debt Service Fund $ 1,461,593 Drainage Utility Fund $ 917,997 Sec. 4. THAT the expenditure budget for the Fiscal Year 2016 Capital Improvement Program (CIP) of the City of Colleyville is hereby approved as follows: Fiscal Year 2016 CIP $41,935,940 Sec. 5. THAT the city manager is hereby authorized toexecute 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 1st day of September 2015. The second reading and public hearing being conducted on the 15th day of September 2015. PASSED, APPROVED and ADOPTED BY THE CITY COUNCIL OF THE CITY OF COLLEYVILLE, TEXAS, THIS THE t5-1=. DAY OF e.e..bef- 2015, BY THE FOLLOWING VOTE: David Kelly Nit Carol Wollin NC. Chuck Mogged Pme. Chris Putnam -- AIstT- Jody Short P�� Nancy Coplen ( .G Mike Taylor itsme, ATTEST: CITY OF COLLEYVILLE Amy helley, !MC David Kelly 6 City Secretary Mayor Ordinance 0-15-1967 Page 3 of 3 APPROVED AS TO FORM AND LEGALITY: iii Matthew C. G. Boyle 13evi L. stool ll City Attorney ,4i 't it AffOrny r eo le�Cz.�yLLP ,