HomeMy WebLinkAboutOrdinances (O-91-820)-04/16/1991
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ORDINANCE 0-91-820
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AN ORDINANCE OF THE CITY OF COLLEYVILLE, TEXAS, RELATING
TO FISCAL YEAR 1990-91 BUDGET BY AMENDING SECTION 1;
PROVIDING AN EFFECTIVE DATE.
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WHEREAS, on January 22, 1991, the City Council approved the sale
of $850,000 in certificates of Obligation for the purpose
of acquiring Park Land, and
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WHEREAS, on December 18, 1990 and March 26, 1991, the city Council
approved the acquisition of Park Land, and
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WHEREAS, as a source of appropriations for the park land
acquisition will be the $850,000 in proceeds, and
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WHEREAS, the $850,000 appropriation was not included in the Fiscal
Year 1990-91 Budget approved by the City Council.
12 NOW, THEREFORE BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF
COLLEYVILLE, TEXAS:
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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.
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Sec. 2.
THAT appropriations in the annual budget for Fiscal Year
1990-91 as adopted by Ordinance 0-90-791 and amended by
Resolution R-91-652 are amended to read as follows:
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General Fund
utility Fund
utility Construction Fund
General Obligation Interest
and Sinking Fund
Revenue Bond Interest and
Sinking Fund
Voluntary Park Fund
Capital Recovery Fund
Capital Projects Fund
$5,034,565
4,088,886
905,500
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335,355
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436,751
122,100
250,000
3,769,435
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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.
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Sec. 4.
THAT the effective date of this ordinance shall be
immediate upon its passage.
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The fir~Y1fead~~q and public hearing being conducted on the cLU
day 0 f :LL.{/Lk-t; K , 1991.
Ordinance 0-91-820
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AND IT IS SO ORDERED.
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CITY OF COLLEYVILLE
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Chris Haw
Mayor
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t:::1~ AND
Ross T. Foster
City Attorney
LEGALITY:
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