HomeMy WebLinkAboutORD 2021-005 ORDINANCE NO. 2021-005
AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF
GRAPEVINE, TEXAS,AUTHORIZING THE APPROPRIATION
OF $262,000 IN THE ECONOMIC DEVELOPMENT FUND;
TRANSFERRING $262,000 TO THE CAPITAL PROJECTS
STREETS FUND AND APPROPRIATING $350,000 IN THE
CAPITAL PROJECTS STREET FUND; DECLARING AN
EMERGENCY AND PROVIDING AN EFFECTIVE DATE
WHEREAS, the City Council of the City of Grapevine desires to install a traffic signal
at the Grapevine Mills Boulevard and Kubota Drive intersection; and
WHEREAS, funding is available in the Economic Development Fund in the amount
of$262,000; and
WHEREAS, funding was escrowed by Billingsley Property Services, Inc. and is
available in the amount of $88,000 in the Capital Projects Streets Fund; and
WHEREAS, the City desires to transferthe$262,000 into the Capital Projects Street
Fund 178; and
WHEREAS, all constitutional and statutory prerequisites for the approval of this
ordinance have been met, including but not limited to the Open Meetings Act and Chapter
211 of the Local Government Code, and
WHEREAS, the City Council deems the adoption of this ordinance to be in the best
interests of the health, safety, and welfare of the public.
NOW THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF
GRAPEVINE, TEXAS:
Section 1. That all matters stated hereinabove are found to be true and correct
and are incorporated herein by reference as if copied in their entirety.
Section 2. That the City Council hereby authorizes $262,000 be appropriated in
the Economic Development Fund.
Section 3. That the City Council hereby authorizes$262,000 be transferred to the
Capital Projects Streets Fund.
Section 4. That the City Council hereby authorizes $350,000 be appropriated in
the Capital Projects Streets Fund to install a traffic signal at the Grapevine Mills Boulevard
and Kubota Drive intersection.
Section 5. That a copy of the revised FY 2020-2021 Capital Improvements Plan
budget document shall be kept on file in the office of the City Secretary and on the City of
Grapevine website.
Section 6. 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 7. 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 of the public which requires that this ordinance shall become effective
from and after the date of its final passage, and it is accordingly so ordained.
PASSED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF
GRAPEVINE, TEXAS on this the 2nd day of February, 2021.
APPROVED:
William D(-Tate
Mayor
ATTEST:
Tara Brooks LU
City Secretary Y ��l ` �� Co
APPROVED AS TO FORM:
Matth w .G. Boyle
City Attorney
Ordinance No. 2021-005 2