HomeMy WebLinkAboutORD 1998-049 ORDINANCE NO. 98-49
� AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF
GRAPEVINE AMENDING ORDINANCE NO. 98-43 RELATIVE
TO THE FISCAL YEAR 1997-98 BUDGET BY AMENDING
SECTION 1; DECLARING AN EMERGENCY AND
PROVIDING AN EFFECTIVE DATE
WHEREAS, the City of Grapevine has budgeted for receipt of$30,000 from Sale
of Surplus Property in Fiscal Year 1998; and
WHEREAS, a sale of surplus property has been conducted on April 4, 1998
pursuant to City Council authorization and revenues from said sale were $117,756.57; and
WHEREAS, it is necessary to appropriate $37,957 of the excess revenues received
from the sale of surplus property for acquisition of certain computer hardware and software.
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE
- CITY OF GRAPEVINE, TEXAS:
�. h Section 1. That all the above premises are true and correct and are hereby
incorporated into this Ordinance as if copied in their entirety.
Section 2. That funds in the amount of $37,957, authorized by this Ordinance,
will be appropriated for expenditures from the Internal Capital Leasing Fund as described
above.
Section 3. That Section 1 of Ordinance No. 98-43, as amended, is hereby
amended to read as follows:
"Section 1. That the appropriation amounts for the FY 98 budget for different funds
of Grapevine are hereby fixed as follows:
General Fund..............................................................:.......................$28,623,254
UtilityFund ........................................................................................... 11,340,144
DebtService Fund .................................................................................7,285,342
Convention & Visitors Bureau Fund........................................................3,527,602
Lake Enterprise Fund ............................................................................. 1,643,068
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Insurance Fund.......................................................................................2,390,175
FleetServices Fund...................................................................................635,122
Internal Capital Leasing Fund.................................................................1,389,496
�°"� General Government Ca ital Pro ects Fund 10,348,593
p' j .........................................
�_ , Permanent Street Maintenance Fund........................................................682,171
Permanent Capital Maintenance Fund-General ........................................716,159
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Utility & Lake Enterprise Capital Project Fund ........................................7,207,032
Utility Permanent Capital Maintenance Fund.......................................... 1,120,100
Lake Enterprise Permanent Capital Maintenance Fund ..............................81,000
Stormwater Drainage Utility Fund .............................................................338,449"
Section 3. That the City Manager be and is hereby authorized to make the
appropriate change to the budget to reflect the change noted above.
Section 4. A true copy of this Ordinance amending the Fiscal Year 1997-98 budget
shall be filed with the City Secretary.
Section 5. 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 5th day of May ,
��� 1998.
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APPROVED:
�
William D. Tate
Mayor
ATTEST:
��
Lin Huff
City Secretary
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ORD. NO. 98-49 2
, APPROVED AS TO FORM:
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John F. Boyle, Jr.
City Attorney
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ORD. NO. 98-49 3