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HomeMy WebLinkAboutOrdinance No. 254 AN ORDINANCE OF THE CITY OF THE COLONY, TEXAS, AUTHORIZING THE CITY MANAGER TO ENTER INTO A LEASE WITH THE COLONY JOINT VENTURE; AUTHORIZING THE APPROPRIATION OF FUNDS; ATTACHING THE APPROVED FORM OF THE CONTRACT AS EXHIBIT "A"; AND PROVIDING AN EFFECTIVE DATE. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF THE COLONY, TEXAS: SECTION 1. That the City Manager of the City of The Colony, Texas, is hereby author]zed to execute on behalf of the City a ]ease agreement with The Colony Joint Venture for office space in The Colony Square Shopping Center to be used by the Park and Recreation Department. The approved form of such contract is attached hereto as Exhibit "A", and made a part hereof for such purposes. SECTION 2. That the City Manager of the City of The Colony, Texas, Js hereby author]zed to transfer funds Jn the amount of ~2~d from the Contingency Reserve account for monthly rental fees and a common area maintenance charge for building space. This sum shall be transferred to the Park and Recreation Department Building Rental Account (05- 46). This interdepartmental transfer is an amendment to the City's budget for the 1982-83 fiscal year. SECTION 3. This ordinance shall take effect immediately from and after its passage by the City Council. PASSED AND APPROVED BY THE CITY COUNCI~OF THE CITY OF THE COLONY, TEXAS, ON THE ~---~ DaY OF ,3~_ , 1983. APPROVED: LA~P~Y D. SAMPLE, MAYOR ATTEST: JAN~CE__ CARROLL, CITY SECRETARY APPROVED AS TO FORM: C~TY ATTORNEY