HomeMy WebLinkAboutORD 2017-007 ORDINANCE NO. 2017-007
AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF
GRAPEVINE, TEXAS; APPROPRIATING $204,677.35 OF
INTEREST IN THE GENERAL FACILITIES CAPITAL
PROJECT FUND; DECLARING AN EMERGENCY; AND
PROVIDING AN EFFECTIVE DATE
WHEREAS, the City desires to appropriate bond interest for Grapevine; and
WHEREAS, funding of $204,677.35 is available in the General Facilities Capital
Project Fund; and
WHEREAS, all constitutional and statutory prerequisites for the approval of this
Resolution 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 approves the use of funds from the
General Facilities Capital Project Fund.
Section 3. That the City Council hereby appropriates the funding.
Section 4. That the City Council hereby authorizes an amount of$204,677.35 to
be appropriated in the Capital Projects Fund from available funds; and
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.
Section 6. That this ordinance shall take effect immediately upon passage by the
City Council of the City of Grapevine, Texas.
PASSED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF
GRAPEVINE, TEXAS on this the 7th day of February, 2017.
APPROVED:
William D. Tate
Mayor
ATTEST:
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Tara Brooks w � �x
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City Secretary �r .� �. �
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APPROVED AS TO FORM:
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John F. Boyle, Jr.
City Attorney
Ordinance No. 2017-007 2