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HomeMy WebLinkAboutORD 1990-065 ORDINANCE NO. 90-65 � AN ORDINANCE OF THE CITY OF GRAPEVINE, TEXAS, �, AMENDING ORDINANCE NO 89-61 , RELATING TO THE FISCAL YEAR 1989-90 BUDGET BY AMENDING SECTION 1; DECLARING AN EMERGENCY AND PROVIDING AN EFFECTIVE DATE WHEREAS, the financial statements for the City of Grapevine as of September 30 , 1990 indicate that the expenditures of the Convention & Visitors Bureau Fund exceed the appropriations of the Fund for Fiscal Year 1989-1990; and WHEREAS, the City Council deems it necessary to provide additional funding to the Convention & Visitors Bureau for the purpose of the Economic Development and Business Retention service; and promotion of tourism within the City of Grapevine; and WHEREAS, the City Council intends to reappropriate available Convention & Visitors Bureau fund balance to provide funding for the payment of said additional funding; and WHEREAS, it is necessary to appropriate $16,795 in additional funds to provide for the additional funding of said '"�� Convention & Visitors Bureau Fund. ,�,,, NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF GRAPEVINE, TEXAS: Section 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. Section 2. That Section 1 of Ordinance No. 89-61 is hereby amended to read as follows: "Section 1. That the appropriation amounts for the FY90 budget for different funds of the City of Grapevine are hereby fixed as follows: General Fund $13 , 486 , 459 Utility (Water & Wastewater Fund $ 6 ,593 , 898 Debt Service Fund $ 3 ,864 ,432 Golf Course Fund $ 1 , 065 , 586 CVB Fund $ 1 ,879 ,133 Insurance Fund $ 718 , 952 "'"�° Fireman' s Relief & Retirement Fund $ 4 ,000 Capital Projects �► Construction Fund $13, 866 , 806 " ,��, 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 t�e Fiscal Year 1989-90 budget shall be filed with the City Secretary and attached to the budget originally adopted and the City Manager is hereby directed to file or cause to be filed a true copy of the amendment in the office of the County Clerks of Tarrant, Dallas and Denton counties. 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 6th day of November , 1990 . APPROVED: �,.� � �- � �, William D. Tate Mayor ATTEST: � Linda Huff Mayor APPROVED AS TO FORM: < � Adrienne C. Leonard City Attorney ��� �