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HomeMy WebLinkAboutORD 1990-066 ORDINANCE N0. 90-66 AN ORDINANCE OF THE CITY OF GRAPEVINE, TEXAS, � AMENDING ORDINANCE NO. 90-57 , RELATING TO THE FISCAL YEAR 1990-91 BUDGET BY AMENDING SECTION 1; DECLARING AN EMERGENCY AND PROVIDING AN EFFECTIVE DATE WHEREAS, on July 3, 1990 the City Council approved the allocation of $248 , 000 from the General Fund fund balance for the purpose of a Street Overlay Program; and WHEREAS, $78 , 165 was actually expended as of September 30 , 1990 leaving a balance of $169 ,835 in the General Fund fund balance for the Fiscal Year 1989-90 Budget; and WHEREAS , $148 ,000 of the $169 ,835 was appropriated in the Capital Projects Construction Fund for the Street Overlay Program in the Fiscal Year 1990-91 Budget "FY91 Budget" ; and WHEREAS, it is necessary to appropriate the entire $169 ,835 to the General Fund in the FY91 Budget by reducing the Capital Projects Construction Fund appropriations by $148 ,000 for the FY91 Budget and reclassifying the � � appropriation as a General Fund appropriation for the FY91 Budget and appropriating the remaining $21 ,835 to the General ,,� Fund for the FY91 Budget. 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. 90-57 is hereby amended to read as follows: "Section l. That the appropriation amounts for the FY91 budget for different funds of the City of Grapevine are hereby fixed as follows: General Fund $14 , 751 , 079 Utility (Water & Wastewater Fund $ 8 , 798, 078 Debt Service Fund $ 3 ,422 ,830 Golf Course Fund $ 1 , 026 , 009 �'"' CVB Fund $ 2 ,141 ,211 � �� Insurance Fund $ 775,580 Fireman' s Relief & Retirement Fund $ 4 ,000 Capital Projects �"` Construction Fund $ 7 , 219 , 000 " 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 1990-91 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: Li da Huff City Secretary APPROVED AS TO FORM: � � � Adrienne C. Leonard City Attorney