HomeMy WebLinkAboutOrdinance No. 07-1716
CITY OF THE COLONY, TEXAS
ORDINANCE NO. 07-111 (p
AMENDING THE FISCAL YEAR 2006-2007 BUDGET
AN ORDINANCE AMENDING ORDINANCE 06-1688, ADOPTING THE
FISCAL 2006-2007 BUDGET FOR CITY OF THE COLONY, TEXAS BY
REALLOCATING FUNDS BETWEEN ACCOUNTS AS SET FORTH
HEREIN; PROVIDING FOR INCORPORATION OF PREMISES;
PROVIDING FOR THE ADOPTION OF THIS ORDINANCE AMENDING
THE FISCAL YEAR 2006-2007 BUDGET FOR THE CITY OF THE
COLONY; PROVIDING THAT THIS ORDINANCE SHALL BE
CUMULA TIVE OF ALL ORDINANCES; PROVIDING A
SEVERABILITY CLAUSE; PROVIDING FOR A SAVINGS CLAUSE;
AND NAMING AN EFFECTIVE DATE.
WHEREAS, the City of The Colony is conducting business pursuant to a budget for fiscal year
2006-2007, heretofore previously adopted by Ordinance No. 06-1688 on the 18th day of
September, 2006; and
WHEREAS, Section 102.010 of the Texas Local Government Code authorizes the governing
body of a municipality to make changes in the budget for municipal purposes; and
WHEREAS, the City of The Colony finds it in the best interest of the City to transfer $375,000
from the General Fund fund balance to the Community Development corporation for expansion of
the parking lot north of Hawaiian Falls; and
WHEREAS, the City Council has previously approved a funding agreement with the Community
Development Corporation to reimburse the City in three annual payments for the above transfer;
and
WHEREAS, the City Council has reviewed the budget and has determined that a valid municipal
purpose is served by such transfer of funds.
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF
THE COLONY, TEXAS:
SECTION 1.
INCORPORATION OF PREMISES
The above and foregoing premises are incorporated into the body of this Ordinance as if
copied herein in their entirety.
SECTION 2.
AMENDMENT AND ADOPTION
That the City's budget for the fiscal year ending September 30, 2007 heretofore previously
adopted by Ordinance 06-1688 duly enacted by the City Council of the City of The Colony on the
18th day of September, 2006, be and is hereby amended as set forth herein, which amendment is
hereby, in all respects, finally approved and adopted as so changed; and the same shall be hereby
filed with the City Secretary of the City of The Colony.
SECTION 3.
REALLOCATION
That the amount not to exceed Three Hundred and Seventy Five Thousand and Noll 00 Dollars
($375,000.00) is hereby appropriated from the General Fund fund balance as a transfer to the
Community Development Corporation for expansion of the parking lot north of Hawaiian Falls
and such action does not require any new or increased tax and is funded through a reallocation of
funds.
SECTION 4.
CUMULATIVE CLAUSE
This Ordinance shall be cumulative of all provisions of Ordinances of the City of The Colony,
Texas except where the provisions of this Ordinance are in direct conflict with the provisions of
such Ordinances, in which event the conflicting provisions of such Ordinances are hereby
repealed.
SECTION 5.
SEVERABILITY CLAUSE
It is hereby declared to be the intention of the City Council of The City of The Colony that the
phrases, clauses, sentences, paragraphs, and sections of this Ordinance are severable, and if any
phrase, clause, sentence, paragraph, or section of this Ordinance should be declared
unconstitutional by the valid judgment or decree of any court of competent jurisdiction, such
unconstitutionality shall not affect any of the remaining phrases, clauses, sentences, paragraphs, or
sections of this Ordinance, since the same would have been enacted by the City Council without
incorporation in this Ordinance of any such unconstitutional phrase, clause, sentence, paragraph,
or section.
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SECTION 6.
SAVINGS CLAUSE
All rights and remedies of the City of The Colony are expressly saved as to any and all violations
of the provisions of any Ordinances affecting budgets, budget approval or adoption, which have
accrued at the time of the effective date of this Ordinance; and, as to such accrued violations and
all pending litigation, both civil and criminal, whether pending in court or not, under such
Ordinances, same shall not be affected by this Ordinance but may be prosecuted until final
disposition by the courts.
Section 7.
EFFECTIVE DATE
This Ordinance shall be in full force and effect from and after its date of passage.
AND IT IS SO ORDAINED.
PASSED AND APPROVED, this the 7th day of Mav 2007.
n Dillard, Mayor
ty of The Colony, Texas
ATTEST:
b1J~ LJ;L~
IstIe WIlson, TRMC, CIty Secretary
S TO FORM:
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