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HomeMy WebLinkAboutORD 2014-061ORDINANCE NO. 2014-61 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF GRAPEVINE, TEXAS, REVISING THE ADOPTED CAPITAL IMPROVEMENTS BUDGET FOR THE FISCAL YEAR ENDING IN 2015, PROVIDING FOR THE TRANSFER OF THE FUNDS; DECLARING AN EMERGENCY AND PROVIDING AN EFFECTIVE DATE WHEREAS, the City Council of the City of Grapevine desires to identify capacity improvements needed for Bass Pro Drive between State Highway 121 and State Highway 26; and WHEREAS, funding for Bass Pro Drive, including engineering and construction, is programmed in current General Obligation Bonds; and WHEREAS, funding for Bass Pro Drive is not currently included in the FY 2014- 2015 Capital Improvements Plan Budget. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF GRAPEVINE, TEXAS: Section 1. That all matters stated in the preamble of this ordinance are true and correct and are hereby incorporated into the body of this ordinance as if copied in their entirety. Section 2. That the amount of $50,000.00 be appropriated from General Obligation Bonds currently programmed for Bass Pro Drive in Account #178-78376-011 for the capacity study. Section 3. That a copy of the revised FY 2014-2015 CIP budget document shall be kept on file in the office of the City Secretary and on the City of Grapevine website. Section 4. That the terms and provisions of this ordinance shall be deemed to be severable, and that if the validity of any section, subsection, word, sentence or phrase shall be held to be invalid, it shall not affect the remaining part of this ordinance. Section 5. That 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 inhabitants of the City of Grapevine, Texas, creates an emergency for the immediate preservation of the public business, property, health, safety, and general welfare which requires that this ordinance shall take effect immediately from and after its passage and it is accordingly so ordained. PASSED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF GRAPEVINE, TEXAS on this the 21 st day of October, 2014. William 'D. T -at -e Mayor /� ATTEST: C bJ12d&XL Tara Brooks Assistant City Secretary John F. Boyle, Jr. City Attorney ORD. RO. 2014-61 2