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HomeMy WebLinkAboutOrdinances (Ordinance O-18-2059)-09/18/2018ORDINANCE 0-18-2059 AN ORDINANCE APPROVING AND ADOPTING THE ANNUAL BUDGET FOR THE CITY OF COLLEYVILLE, TEXAS, FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2018 THROUGH SEPTEMBER 30, 2019 WHEREAS, a notice of public hearing on the annual budget for the City of Colleyville, Texas, for the fiscal year beginning October 1, 2018 through September 30, 2019, was heretofore published in a newspaper of general circulation; and WHEREAS, said public hearing on said budget was duly held and all interested persons were given the opportunity to be heard for or against any item therein; 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, 2018, and ending September 30, 2019, 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, 2018, and ending September 30, 2019. Sec. 3. THAT appropriation amounts for the Fiscal Year 2019 budget for the different funds of the City of Colleyville are hereby fixed as follows: General Fund $24,044,488 Utility Fund (Water & Wastewater) $16,405,604 Debt Service Fund $ 1,859,940 Drainage Utility Fund $ 771,136 Ordinance 0-18-2059 Page 2 of 2 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. The first reading and public hearing being conducted on the 4th day of September 2018. The second reading and public hearing being conducted on the 18th day of September 2018. APPROVED BY A VOTE OF 7 AYES, 0 NAYS, AND 0 ABSTENTIONS ON THIS THE 18TH DAY OF SEPTEMBER 2018. Mayor Richard Newton Aye Mayor Pro Tern Bobby Lindamood Aye Place 1, Tammy Nakamura Aye Place 5, Chuck Kelley Aye Place 3, Kathy Wheat Aye Place 6, Callie Rigney Aye Place 4, George Dodson Aye ATTEST: �`a� � Christine Loven, TRMC City Secretary APPROVED Whitt L. i City Attorney C7OF COLLEYVILLE 10AZZ_3� Richard Newton Mayor M AND LEGALITY: