HomeMy WebLinkAboutItem 06 - Concourse ProShopITEM #6
ORDINANCE NO. 2024-076
AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF
GRAPEVINE, TEXAS; INCREASING RECEIPTS OF
4,728,427 IN THE CONVENTION AND VISITORS BUREAU
FUND FROM FUND BALANCE, APPROPRIATING
4,728,427 IN THE CONVENTION & VISITORS BUREAU
FUND; TRANSFERRING $4,728,427 TO THE CAPITAL
PROJECTS – CVB FUND AND APPROPRIATING
4,728,427 IN THE CAPITAL PROJECTS – CVB FUND;
DECLARING AN EMERGENCY AND PROVIDING AN
EFFECTIVE DATE
WHEREAS, the City has identified the need for a Grapevine Concourse and Golf
Pro Shop Enhancements; and
WHEREAS, the City has decided to use CVB Fund Balance to cash fund the
project; and
WHEREAS, approval of this ordinance will make the total project funds available for
the Grapevine Concourse and Golf Pro Shop Enhancements in the amount of
4,728,427; 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
WHEREAS, the City Council deems the adoption of this ordinance is 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 herein above are true and correct and are
incorporated herein by reference, as if copied in their entirety.
Section 2. That the City Council hereby approves an increase of receipts from
Fund Balance in the amount of $4,728,427 in the Convention & Visitors Bureau Fund.
Section 3. That the City Council hereby approves appropriation of $4,728,427
in the Convention and Visitors Bureau Fund.
Section 4. That the City Council hereby approves the transfer of $4,728,427
from the Convention and Visitors Bureau Fund to the Capital Projects CVB Fund.
ITEM #6
Ordinance No. 2024-076 2
Section 5. That the City Council approves appropriation of $4,728,427 in the
Capital Projects Fund CVB.
Section 6. 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 3rd day of September, 2024.
APPROVED:
William D. Tate
Mayor
ATTEST:
Tara Brooks
City Secretary
APPROVED AS TO FORM:
Matthew C.G. Boyle
City Attorney
ITEM #6