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HomeMy WebLinkAbout1368 06-22-1999ORDINANCE NO. 1368 AN ORDINANCE AMENDING ORDINANCE 1334 ADOPTING THE OFFICIAL OPERATING AND CAPITAL BUDGET FOR THE CITY OF EULESS FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 1998 AND ENDING SEPTEMBER 30,1999; PROVIDING FOR CRIME CONTROL AND PREVENTION DISTRICT AMENDED BUDGET. WHEREAS, on August 25, 1998, the Euless City council adopted a budget including the Crime Control and Prevention District for the fiscal year beginning October 1, 1998 and ending September 30, 1999, and WHEREAS, the Crime Control and Prevention District Board has recommended an amendment to Ordinance #1334 to include a transfer of $510,000 from the Crime Control and Prevention District Fund to the Police Facility Construction Fund; and WHEREAS, such funds are available from the fiscal year 1997 -98 unexpended fund balance to cover such amendment, NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF EULESS,TEXAS: SECTION 1 THAT the official budget for the City of Euless for the fiscal year beginning October 1, 1998, and ending September 30, 1999, be amended to increase total expenditures of the Crime Control and Prevention District to $1,495,000 with $510,000 thereof to be allocated to the Police Facility Construction Fund. SECTION 2 THAT all funds appropriated and allocated shall be expended and used pursuant to the provisions of such official budget and the Euless City Manager shall be directed to appropriate and expend city funds according to City Charter provisions. SECTION 3 THAT the City Manager is authorized from time to time as he may deem to be in the best interest of the City of Euless, to invest city funds not immediately required for current use, including operating funds and bond funds, as per Council adopted Investment Policy. ORDINANGE 1368, PAGE 1 OF 2 SECTION 4 EFFECTIVE DATE. This ordinance shall become effective immediately from and after its passage as provided by the Euless City Charter and the laws of the State of Texas. PRESENTED AND APPROVED on First and Final Reading at a regular meeting of the Euless City Council on the 22nd day of June, 1999, by a vote of 6 ayes, o nays, and 0 abstentions. APPROVED: Kit LiWaf�h, Mayor ATTEST: usan Crim, MC, City Secretary ..• !L • •- ORDINANGE 1368, PAGE 2 OF 2