HomeMy WebLinkAboutORD 2017-034 ORDINANCE NO. 2017-034
AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF
GRAPEVINE, TEXAS; AUTHORIZING THE TRANSFER OF
$2,854,850 FROM THE 4B TRANSIT FUND TO THE
GENERAL FACILITIES CAPITAL PROJECTS FUND AND
APPROPRIATING A LIKE AMOUNT IN THE GENERAL
FACILITIES CAPITAL PROJECTS FUND; DECLARING AN
EMERGENCY AND PROVIDING AN EFFECTIVE DATE
WHEREAS, the City supports the Phase II Design Services with Coury Hospitality
("Coury") for the rail depot/station; a rail station hotel, interior and exterior public spaces,
and a parking garage; and
WHEREAS, funding of $2,854,850 is available in the 4B Transit Fund from the
2017 Adopted Budget; 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 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 4B
Transit Fund.
Section 3. That the City Council hereby authorizes the transfer of $2,854,850
from the 4B Transit Fund to the General Facilities Capital Projects Fund and appropriates
$2,854,850 to the General Facilities Capital Projects Fund from available funds.
Section 4. 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.
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PASSED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF
GRAPEVINE, TEXAS on this the 20th day of June, 2017.
APPROVED:
Willis D. Tate
Mayor
ATTEST: GRAPirnE
"I I/i w
Tara Brooks
City Secretary *' *�
APPROVED AS TO FORM:
John F. Boyle, Jr.
City Attorney
Ow
Ordinance No. 2017-034 2