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HomeMy WebLinkAboutORD 93-04 - Wastewater Capital Fund41 ORDINANCE NO. Ib` • iMy Jim'• THEREWITH. WHEREAS, we budgeted to incur certain construction expenses in the fiscal year 1992/93; and WHEREAS, the actual cost will exceed the amount budgeted in fiscal year 1992/93; and WHEREAS, unappropriated funds were determined to be available in the Wastewater Capital Projects Fund; and WHEREAS, the cost increase 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 ORDAINEDY THE CITY COUNCIL OF THE CITY OF GEORGETOWN, TEXAS, THATe 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 Environmental and Resource Conservation Policy, which states "The City will develop a water resources system that provides a sufficient water supply of high quality to meet future city needs, economic development and recreational requirements, and to conserve wildlife", 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 r, o 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, !! • ending Septemberj 1993.copy of - amendment ' and incorporated by SECTION 3. The total of $270,000 of unbudgeted Wastewater Capital Projects fund balance is hereby appropriated for payments of expenditures and payments of the fund. SECTION 4. All ordinances and resolutions, or parts of ordinances and resolutions, in conflict with this Ordinance are hereby repealed, and are no longer of any force and effect.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, shalt 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. SECTION 6. 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 26th day of January, 1993, i, i ... i R • • • �. • - •! ATTEST: TIDE CITY OF Elizabeth Gray By: Leo Wood City Secretary Mayor Marianne Landers Banks City Attorney Budget Amendment No. a Page 2 of 3 Wastewater Capital Projects Fund: Revenue Fund balance roll forward Expenditures Capital Projects Excess revenue over expenditures Budget Amendment No. Page 3 of 3 E