HomeMy WebLinkAboutOrdinance No. 600 CITY OF THE COLONY, TEXAS
ORDINANCE NO. ~C)
AN ORDINANCE AMENDING THE CITY BUDGET FOR
FISCAL YEAR OCTOBER 1, 1988 THROUGH SEPTEMBER
30, 1989 AND DECLARING AN EMERGENCY
WHEREAS, the City Council approved the city's budget for
the Fiscal Year 1988-1989 by the passage of Ordinance No. 553 on
the 12th day of September, 1988.
WHEREAS, the City Council does find the necessity to amend
said original Budget to meet unusual and unforeseen conditions
and that there is a pressing need for public expenditures to
protect the public health, safety or welfare all in accordance
with applicable State Law (Art. 689a-15 Tex. Rev. Civ. Stat.
Ann.) and the City Charter.
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE
CITY OF THE COLONY, TEXAS:
Section 1. That all of the matters cited in the preamble
are found to be true and correct and are hereby incorporated as
if copied in their entirety into the body of this ordinance.
Section 2. That said Budget for Fiscal Year 1988-1989 is
hereby amended as set out in Exhibit ""A" which is attached
hereto and incorporated herein.
Section 3. That the necessity for making and approving a
budget for the Fiscal Year as required by the laws of the State
of Texas, requires that this Ordinance shall take effect
immediately from and after its passage, as the law in such cases
provides.
PASSED AND APPROVED this / ay of , 1989.
Don ~A~ick~ Ma~ "
Patti A. Hicks, City Secretary
APPROVED AS TO FORM:
City Attorney
20LONY
PRE-COUNCIL RL~VIF. W SHEET
DATE ~REFERENCE NUMBER i SUBJECT
PAGE
~9 Finance-001 ~udget Amendment 1 OF
At the regularly scheduled City Council Meeting on August 21,
1989, the City Council approved a contract in the amount of $30,020.65
to American Striping Company to install traffic lane markings on North
Colony Boulevard. Funds for this street marking project were not
included in the 1988-89 Public Works Annual Budget.
Payment for this project can be made from the General Fund Reserv
for Contingency included in the 1988-89 Annual Budget. This
Reserve for Contingency in the amount of $213,930.00 is shown in
the General Fund Summary which is Page 2 of the 1988-89 Annual
Budget.
Our recommendation is to present a Budget Amendment to include
the cost of this traffic lane marking project in the 1988-89 Annual
Budget to the' City Council for their review and approval. This
Budget Amendment would increase the 1988-89 Public Works Department
Annual Budget from $624,862.00 to $654,883.00 to include the $30,021.00
contract amount to American Striping Company. Within the 1988-89
Public Works Department Annual Budget the Street and Drainage
Maintenance Account (90-6420) would be increased from $35,760.00
to $65,771.00 to also include the cost of the American Striping Contract
($30,021.00).
This first Budget Amendment Ordinance for the 1988-89 Budget
Year should be included on the regularly scheduled City Council
Meeting to be held on Monday, September 11, 1989, for City Council
approval.
Submitted by: SUPPORTING DOCUMENTS-
1. Ordinance
.R. EV I EWED BY:
-- City Attorney
X City Secretary
Operations Mgr./Building Of'ficial
~ Finance Director
Fire Chief
Police Chief
Other
Approved for submittal to Council:
Cit Mans ~'i~Offio~e~,' ~
nlte - City Manager, Yellow - Department'