HomeMy WebLinkAbout984 09-27-1988ORDINANCE NO. 984
AN ORDINANCE ADOPTING THE OFFICIAL BUDGET
FOR THE CITY OF EULESS FOR THE FISCAL YEAR
BEGINNING OCTOBER 1, 1988, AND ENDING
SEPTEMBER 30, 1989; PROVIDING FOR THE
INVESTMENTS OF FUNDS; PROVIDING FOR
PUBLICATION; DECLARING AN EMERGENCY AND
PROVIDING AN EFFECTIVE DATE.
WHEREAS, on September 27, 1988, the Euless City Council held a
Public Hearing on its proposed budget for the fiscal year begin-
ning October 1, 1988, and ending September 30, 1989; 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; 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 1
THAT the official budget for the city of Euless for the fiscal
year beginning October 1, 1988, and ending September 30, 1989, 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 Secre-
tary available for inspection by citizens and the general public.
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 accordingly.
THAT the City Manager may transfer an unneeded surplus in the
amount budgeted for one account to another activity in which a
deficiency exists, if and when in the judgment of the City
Manager, actual or probable receipts are less than the amount
estimated and herein appropriated for expenditures of the several
departments.
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, in United States Treasury Bills
or in Certificates of Deposit and Savings Accounts in Official
City Depositories.
SECTION 4
EMERGENCY CLAUSE. By the affirmative vote of four or more of its
members, the City Council declares that this is an ordinance for
the immediate preservation of the public peace, property, health
and safety, and is an emergency measure within the meaning of
Article II, Section 11, of the City Charter; and the requirement
that it be read at two meetings, as specified in such Section 12,
is hereby dispensed with.
SECTION 5
EFFECTIVE DATE. This ordinance shall be come effective
immediately from and after its passage as provided by the Euless
City Charter and the laws of the State of Texas.
PRESENTED AND GIVEN FIRST AND FINAL READING at a regular meeting
of the Euless City Council on the 27th day of September, 1988, by
a vote of 4 ayes, 1 nays, and 0 abstentions.
APPROVED:
Harold D. Samuels, Mayor
ATTEST
�v
Kay Gb bey Raine�j City Secr ry
AP v As
To F
C ,
b Mc rland, City Attorney
ORDINANCE NO. 984
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