HomeMy WebLinkAbout340 09-24-1968ORDINANCE NO. 340
AN ORDINANCE ADOPTING THE OFFICIAL BUDGET FOR THE CITY
OF EULESS FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 1968,
AND ENDING SEPTEMBER 30, 1969; PROVIDING FOR THE INVEST -
MEN OF FUNDS; PROVIDING FOR PUBLICATION; DECLARING AN
EMERGENCY AND PROVIDING AN EFFECTIVE DATE.
WHEREAS, ON SEPTEMBER 24, 1968, THE EULESS CITY COUNCIL HELD
A PUBLIC HEARING ON ITS PROPOSED BUDGET FOR THE FISCAL YEAR BEGINNING
OCTOBER 1, 1968, AND ENDING SEPTEMBER 30, 1969, AND
WHEREAS, ALL CITIZENS AND INTERESTED PERSONS WERE GIVEN AN
OPPORTUNITY TO BE HEARD REGARDING THE PROPOSED BUDGET, AND
WHEREAS, THE PROPOSED BUDGET WAS ON FILE IN THE OFFICE OF THE
CITY SECRETARY OF THE CITY OF EULESS, AVAILABLE TO THE CITIZENS AND THE
PUBLIC FOR THEIR INSPECTION, AND
WHEREAS, DUE NOTICE OF SUCH HEARING ON THE BUDGET WAS DULY
PUBLISHED AS REQUIRED BY THE EULESS CITY CHARTER AND THE LAWS OF THE
STATE OF TEXAS, AND
WHEREAS, AT THE CONCLUSION OF SUCH HEARING IT WAS DETERMINED
THAT SUCH BUDGET SHOULD BE ADOPTED;
NOW THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY
OF EULESS, TEXAS:
SECTION I
THAT THE OFFICIAL BUDGET FOR THE CITY OF EULESS FOR THE FISCAL
YEAR BEGINNING OCTOBER 1, 1968, AND ENDING SEPTEMBER 30, 1969, BE, AND
THE SAME IS HEREBY ADOPTED BY THE EULESS CITY COUNCIL AND THE EULESS
CITY SECRETARY IS DIRECTED TO KEEP AND MAINTAIN A COPY OF SUCH OFFICIAL
BUDGET ON FILE IN THE OFFICE OF THE CITY SECRETARY AVAILABLE FOR IN-
SPECTION BY CITIZENS AND THE GENERAL PUBLIC.
SECTION II
THAT ALL FUNDS SO 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 ACCORDINGLY.
ITEM II
Council Minutes
September 24, 1968
SECTION III
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, IN UNITED STATES TREASURY BILLS OR
IN CERTIFICATES OF DEPOSIT, TIME DEPOSITS AND SAVINGS ACCOUNTS IN
OFFICIAL CITY DEPOSITORIES. ALL INTEREST EARNED AND ACCRUED FROM
INVESTMENTS SHALL BE DEPOSITED IN THE GENERAL FUND.
SECTION IV
THE FACT THAT THE FISCAL YEAR BEGINS ON OCTOBER 1, 1968,
REQUIRES THAT THIS ORDINANCE BE EFFECTIVE UPON ITS PASSAGE AND
ADOPTION TO PRESERVE THE PUBLIC PEACE, PROPERTY, HEALTH AND SAFETY,
AND THE RULES REQUIRING ORDINANCES TO BE READ AND PASSED ON TWO
SEPARATE DATES IS HEREBY SUSPENDED AND THIS ORDINANCE SHALL BE IN
FULL FORCE AND EFFECT FROM AND AFTER ITS PASSAGE AND ADOPTION, AND
PUBLICATION AS REQUIRED BY LAW.
PASSED AND APPROVED THIS THE 24th DAY OF SEPTEMBER , 1968.
APPROVED:
ATTEST:
MAYOR
CITY SECRETARY
TO FOR
a_
CITY ATTORNEY