HomeMy WebLinkAboutORD 93-03 - Special Revenue FundORDINANCE NO,
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CONFLICT THEREWITH.
WHEREAS, we budgeted to incur certain expenses in Fiscal Year 1991-92; and
WHEREAS, the expenses weren't actually incurred until Fiscal Year 1992-93; and
WHEREAS, the delay was unknown and unforeseeable at the time the Fiscal Year 1992-93
budget was approved; and
WHEREAS, the City Charter allows for changes in the Annual Operating Plan by a Council
of a majority plus one in emergency situations;
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY
4krF GEORGETOWN,
SECTION 1.
The facts and recitations contained in the preamble of this ordinance are hereby found and
declared to be true and correct, and are incorporated by reference herein and expressly made a part
hereof, as if copied verbatim. The City Council hereby finds that this ordinance implements many
policies of the Century Plan- Policy Plan Element and most particularly implements Economic
Development Policy 1, which states "The City will encourage diversified growth and promote
business opportunities to create jobs, broaden the tax base and minimize the impact of economic
fluctuations", and further finds that the enactment of this ordinance is not inconsistent or in conflict
with any other Century Plan Policies, as required by Section 2.03 of the Administrative Chapter
of the Policy Plan,
SECTION 2.
The amendment to the 1992-93 Annual Operating Plan Element (Budget) of the revenues
of the City of Georgetown and expenses of conducting the affairs thereof, is in all things adopted
and approved as an addition to the previously approved budget of the current revenues and
expenses as well as fixed charges against said City for the fiscal year beginning October 1, 1992,
Budget
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and ending September 30, 1993. A copy of the amendment is attached hereto as Exhibit A, and
incorporated by reference herein.
SECTION 3.
The total of $100,000 for the Grant as a Special Revenue Fund is hereby appropriated for
payments of expenditures and payments of the fund.
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All ordinances and resolutions, or parts of ordinances and resolutions, in conflict with this
Ordinance are hereby repealed, and are no longer of any force and effect.
SECTION 5.
If any provision of this ordinance or application thereof to any person or circumstance, shall
be held invalid, such invalidity shall not affect the other provisions, or application thereof, of this
ordinance which can be given effect without the invalid provision or application, and to this end
the provisions of this ordinance are hereby declared to be severable.
The Mayor is hereby authorized to sign this ordinance and the City Secretary to attest.
This ordinance shall become effective immediately
PASSED AND APPROVED on First Reading on the 12th day of January, 1993.
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ATTEST:
Elizabeth Gray
City Secretary
A
Marianne Landers Banks
City Attorney
Budget Amendment No. ,g
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Mayor
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TDHCA/TDOC Grant Special Revenue Fund:
MMUM
Cash Grant $1001000
Expenditures
Loan - Poly Resources Recycling, Inc. - 100,000
Excess revenue over expenditures 0
Budget Amendment No.
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