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HomeMy WebLinkAbout1621 01-13-2004ORDINANCE NO. 1621 AN ORDINANCE AMENDING THE BUDGET FOR FISCAL YEAR BEGINNING OCTOBER 1, 2003, AND ENDING SEPTEMBER 30, 2004, PROVIDING FOR PUBLICATION AND AN EFFECTIVE DATE. WHEREAS, on August 261h 2003, the Euless City Council adopted the official budget for the City of Euless for the fiscal year beginning October 1, 2003, and ending September 30, 2004: and WHEREAS, the FY2002 -03 adopted budget included appropriations for Athletic Complex Capital Projects in the amount of $1,650,000; and WHEREAS, a portion of these appropriations were based on anticipated contributions that may not be received; and WHEREAS, the City Council deems it to be in the best interest of the citizens to continue with the planned projects by amending the budget to provide for an additional transfer of funds from the car rental operating fund; NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF EULESS, TEXAS: SECTION 1 THAT the official operating budget for the City of Euless for the fiscal year beginning October 1, 2003, and ending September 30, 2004, be amended as follows: Car Rental Tax Fund FY 2004 Original Budget SECTION 2 $9,769,844 FY 2004 Revised Budget a,• •.• 1 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 13th day of January, 2004, by a vote of 7 ayes, 0 nays, and 0 abstentions. APPROVED: Mary Lib $jleh, Mayor ATTEST: !t_ Susan Crim, CMC, City Secretary APPROVED AS TO FORM: ze6e ww� - Bob McFarland, City Attorney Ordinance No. 1621, Page 2 of 2