HomeMy WebLinkAboutOrdinances (O-98-1107)-09/01/1998
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ORDINANCE 0-98-1107
AN ORDINANCE OF THE CITY OF COLLEYVILLE, TEXAS, RELATING TO
FISCAL YEAR 1997-98 BUDGET BY AMENDING SECTION 2 OF ORDINANCE
0-97-1077; PROVIDING AN EFFECTIVE DATE.
WHEREAS, additional funds are necessary to be appropriated for payment to Cline and
Schrader for development of a Tax Increment Financing District ($47,500),
and engineering fees and bid advertisement for the plans for permanent
parking at the Community Center ($19,700)
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WHEREAS, additional funds are necessary to be appropriated for payment of water
treatment expenses to Trinity River Authority ($450,000) due to drought
conditions, and
WHEREAS, the appropriation was not included in the Fiscal Year 1997-98 Budget
approved by the City Council.
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF
COLLEYVI LLE, TEXAS:
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.
Sec. 2.
THAT appropriations in the annual budget for Fiscal Year 1997-98 as
adopted by Ordinance 0-97-1077 are amended to read as follows:
General Fund
Utility Fund (Water & Wastewater)
Debt Service Fund
Drainage Utility Fund
$8,087,067
$6,241,083
$1,586,426
$ 348,116
Sec. 3.
THAT funding for the aforementioned Utility Fund expenses shall come from
the additional water and sewer revenues earned due to the drought
conditions in Fiscal Year 1997-98.
Sec. 4.
THAT the City Manager be and is hereby authorized to make the
appropriate change to the budget to reflect the changes noted above.
Ordinance 0-98-1107
Page 2
Sec. 5.
THAT the effective date of this ordinance shall be immediate upon its
passage.
AND IT IS SO ORDERED.
T7ftirst reading and public hearing being conducted on the n!!: day of
Ujll,j J.. , 1998.
:'!5eslon% reading and public hearing being conducted on the ./ ~} day of
.. '{2 P-11l if . 1998.
I ATTEST:
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CITY OF COLLEYVI LLE:
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Richard Newton
Mayor
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