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HomeMy WebLinkAboutOrdinances (O-07-1636)-09/18/2007ORDINANCE 0-07-1636 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, 2007 THROUGH SEPTEMBER 30, 2008, A COPY OF SAME BEING ON FILE IN THE OFFICE OF THE CITY SECRETARY, TO BECOME EFFECTIVE ON OCTOBER 1, 2007 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, 2007, and ending September 30, 2008, 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 Meetings 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, 2007, and ending September 30, 2008, 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 f olle ville hereby approved and adopted by the City Council of the City o C y li Texas, as the official budget for the fiscal year beginning October 1, 2007, and ending September 30, 2008. Sec. 3. THAT appropriation amounts for the Fiscal Year 2008 budget for the different funds of the City of Colleyville are hereby fixed as follows: General Fund $17,814,731 Utility Fund (Water & Wastewater) $10,090,389 Debt Service Fund $ 3,162,417 Drainage Utility Fund $ 1,210,767 Sec. 4. THAT the City Manager is hereby authorized to execute all contracts and documents for which funding is appropriated in the aforementioned budgets. AND IT IS SO ORDERED. Ordinance 0-07-1636 Page 2 of 2 The first reading and public hearing being conducted on September 4, 2007. The second reading and public hearing being conducted on September 18, 2007. Passed, approved and adopted b the City Council of the City of Colleyvilfe, Texas, this the day a~!?~ 2007, by the following vote: David Kelly ~_'e-- Carol Wollin ~'~ Tony Licata ~~_•e. Rich Hendlera Se~c.L~ Jon Ayers ~,sc,v~ Tom Hart ~•~. Mike Taylor ~~ ATTEST• ' Cynthia Singleton, TRMC, CMC City Secretary CITY OF COLLEYVILLE David Kell Y Mayor APPROVED AS TO FORM AND LEGALITY: ~'C~ a, u~. ~, Matthew C. G. Boyle City Attorney