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HomeMy WebLinkAboutOrdinances (O-09-1732)-10/20/2009ORDINANCE 0-09-1732 AN ORDINANCE BY THE CITY COUNCIL OF THE CITY OF COLLEYVILLE, TEXAS, AMENDING SECTION 3 OF ORDINANCE 0-09-1727 OF THE FISCAL YEAR 2010 (FY 2010) GENERAL FUND BUDGET WHEREAS, the Fire Department can receive apre-payment discount of $43,738 on a fire apparatus which will be financed by a 10-year secured loan upon delivery and the City Council desires to receive the pre-payment discount by utilizing General Fund available cash in the amount of $981,238, it is necessary to amend the FY 2010 budget in the amount of $981,238 for Fire Department's line item (001-22-6650) making the amended total of the FY 2010 General Fund budget $19,963,208; 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 appropriation amounts for the FY 2010 budget as adopted by Ordinance 0-09-1727 for the different funds of the City of Colleyville are amended to read as follows: General Fund $19,963,208 Utility Fund (Water and Wastewater) $10,510,469 Debt Service Fund $ 2,480,396 Drainage Utility Fund $ 803,149 Sec. 2. THAT the City Manager is hereby authorized to execute all contracts and documents for which funding is appropriated in the aforementioned budgets. Sec. 3. THAT the effective date of this ordinance shall be immediate upon passage. AND IT IS SO ORDERED. The fi t r din an public hearing being conducted on the day of G-~P~'J 2009. The sec re ing and public hearing being 2009. conducted on the c~~0 ~~`~' day of Ordinance 0-09-1732 Page 2 of 2 ATTES . . ~~ ynthia ingleton, TRMC, CMC City Secretary CITY OF COLLEYVILLE ,` _ ~~~~~~~ David Kelly Mayor APPROVED AS TO FORM AND LEGALITY: ^C~~ ~ . ~~ Matthew C.G. Boyce City Attorney