HomeMy WebLinkAboutOrdinance No. 02-1370 CITY OF THE COLONY, TEXAS
ORDINANCE NO. ~/3 '7 O
AN ORDINANCE OF THE CITY OF THE COLONY, TEXAS AMENDING
ORDINANCE NO. 01-1311 PASSED AND APPROVED ON SEPTEMBER 17,
2001; APPROVING AND ADOPTING A BUDGET FOR THE CITY FOR THE
FISCAL YEAR BEGINNING OCTOBER 1, 2001, THROUGH SEPTEMBER
30, 2002; PROVIDING FOR THE INTRA AND INTER-DEPARTMENT
FUND TRANSFERS; PROVIDING FOR THE INVESTMENT OF CERTAIN
FUNDS; PROVIDING THAT EXPENDITURES FOR SAID FISCAL YEAR
SHALL BE MADE IN ACCORDANCE WITH SAID BUDGET; AND
DECLARING AN EFFECTIVE DATE.
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY
OF THE COLONY, TEXAS:
Section 1. That Section 3 of Ordinance 01-1311 passed and approved on September 17,
2001, approving and adopting a budget for the City of the Colony for the fiscal year beginning
October 1, 2001 and ending September 30, 2002 be amended in the following particulars:
Section 3 shall read as follows:
"That the City Manager and/or Budget Officer, unless expressly prohibited by
law, or unless it is in contravention of any Depository Contract, may direct the City Finance Director
or her designee to invest funds in accordance with the Investment Policy".
Section 2. That this ordinance is effective from and after its passage and adoption.
PASSED AND APPROVED this 6th day of May 2002.
~ .~ ~ Bemetta Henville-Shannon, Mayor Patti A. Hicks, TRMC, City Secretary
Gor~l~ikel, Cit~t-t/omey ~
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