HomeMy WebLinkAboutORD 1998-060 ORDINANCE NO. 98-60
u AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF
GRAPEVINE AMENDING ORDINANCE NO. 98-49 RELATIVE
TO THE FISCAL YEAR 1997-98 BUDGET BY AMENDING
SECTION 1; DECLARING AN EMERGENCY AND
PROVIDING AN EFFECTIVE DATE
WHEREAS, $148,000 is needed for the acquisition of a Motor Grader; and
WHEREAS, funds are available from the Internal Capital Leasing Fund excess
revenues; and
WHEREAS, it is necessary to appropriate $148,000.00 for said equipment
acquisition.
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE
CITY OF GRAPEVINE, TEXAS:
� � Section 1. That all the above premises are true and correct and are hereby
incorporated into this Ordinance as if copied in their entirety.
Section 2. That funds in the amount of $148,000.00, authorized by this
Ordinance, will be appropriated for expenditures from the Internal Capital Leasing Fund
as described above.
Section 3. That Section 1 of Ordinance No. 98-49, as amended, is hereby
amended to read as follows:
"Section 1. That the appropriation amounts for the FY 98 budget for different funds
of Grapevine are hereby fixed as follows:
General Fund......................................................................................$28,623,254
UtilityFund ........................................................................................... 11,340,144
DebtService Fund .................................................................................7,285,342
Convention & Visitors Bureau Fund........................................................3,527,602
Lake Enterprise Fund ............................................................................. 1,643,068
Insurance Fund.......................................................................................2,390,175
Fleet Services Fund...................................................................................635,122
Internal Capital Leasing Fund.................................................................1,537,496
4e a General Government Capital Projects Fund ......................................... 10,348,593
Permanent Street Maintenance Fund........................................................682,171
�' Permanent Capital Maintenance Fund-General ........................................716,159
Utility & Lake Enterprise Capital Project Fund ........................................7,207,032
Utility Permanent Capital Maintenance Fund.......................................... 1,120,100
Lake Enterprise Permanent Capital Maintenance Fund ..............................81,000
Stormwater Drainage Utility Fund .............................................................338,449"
Section 3. That the City Manager be and is hereby authorized to make the
appropriate change to the budget to reflect the change noted above.
Section 4. A true copy of this Ordinance amending the Fiscal Year 1997-98 budget
shall be filed with the City Secretary.
Section 5. The fact that the present ordinances and regulations of the City of
Grapevine, Texas are inadequate to properly safeguard the health, safety, morals, peace
and general welfare of the public creates an emergency which requires that this Ordinance
become effective from and after the date of its passage, and it is accordingly so ordained.
PASSED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF
GRAPEVINE, TEXAS on this the �9th day of May ,
1998.
APPROVED:
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William D. Tate
Mayor
ATTEST:
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J d' Brown
A istant City Secretary
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ORD. N0. 98-60 2
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APPROVED AS TO FORM:
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John F. Boyle, Jr.
City Attorney
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ORD. NO. 98-60 3