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HomeMy WebLinkAboutOrdinance No. 2010-33 (Title: An Ordinance adopting Budget Amendment X to the Original General Budget of the City for Fiscal Year 2009-2010 to provide for supplemental appropriation and/or transfer of certain funds.) ORDINANCE NO. 2010-33 AN ORDINANCE AMENDING CITY OF FRIENDSWOOD, TEXAS, ORDINANCE NO. 2009-22, PASSED AND APPROVED AUGUST 2, 2010, SAME BEING AN ORDINANCE APPROVING AND ADOPTING THE CITY'S GENERAL BUDGET FOR FISCAL YEAR 2009-2010 BY APPROVING "BUDGET AMENDMENT X" TO THE "ORIGINAL GENERAL BUDGET OF THE CITY OF FRIENDSWOOD, TEXAS, FOR THE FISCAL YEAR 2009-20109); PROVIDING FOR SUPPLEMENTAL APPROPRIATION AND/OR TRANSFER OF CERTAIN FUNDS; PROVIDING FOR SEVERABILITY; AND PROVIDING OTHER MATTERS RELATED TO THE SUBJECT. WHEREAS, by Ordinance No. 2009-22, the City Council of the City of Friendswoodj Texas, adopted its "Original General Budget for Fiscal Year 2009-2010'; and WHEREAS, the City Council has determined that revenues and/or reserves are available for supplemental appropriation, and/or that the transfer of certain funds interdepartmentally isl economically feasible and in the best interest of prudent budgeting and for municipal purposes; and WHEREAS, Section 8.04 of The City Charter provides for amendments after adoption of the budget; and WHEREAS, the City Council desires to amend said Original General Budget to reflect such supplemental appropriation and/or transfer in the fiscal year 2009-2010; now, therefore, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF FRIENDSWOOD, STATE OF TEXAS: Section 1. The facts and matters set forth in the preamble of this Ordinance are hereby found to be true and correct. i (Title: An Ordinance adopting Budget Amendment X to the Original General Budget of i the City for Fiscal Year 2009-2010 to provide for supplemental appropriation and/or i transfer of certain funds.) ORDINANCE NO. T2010-33 AN ORDINANCE AMENDING CITY OF FRIENDSWOOD, TEXAS, ORDINANCE NO. 2009-22, PASSED AND APPROVED AUGUST 2, 2010, SAME BEING AN ORDINANCE APPROVING AND ADOPTING THE CITY'S GENERAL BUDGET FOR FISCAL YEAR 2009-2010 BY APPROVING "BUDGET AMENDMENT X" TO THE "ORIGINAL GENERAL BUDGET OF THE CITY OF FRIENDSWOOD, TEXAS, FOR THE FISCAL YEAR 2009-201019; PROVIDING FOR SUPPLEMENTAL APPROPRIATION AND/OR TRANSFER OF CERTAIN FUNDS; PROVIDING FOR SEVERABILITY; AND PROVIDING OTHER MATTERS RELATED TO THE SUBJECT. WHEREAS, by Ordinance No. 2009-22, the City Council of the City of Friendswood, Texas, adopted its "Original General Budget for Fiscal Year 2009-2010"; and WHEREAS, the City Council has determined that revenues and/or reserves are available for supplemental appropriation, and/or that the transfer of certain funds interdepartmentally is economically feasible and in the best interest of prudent budgeting and for municipal purposes and WHEREAS, Section 8.04 of The City Charter provides for amendments after adoption of the budget; and WHEREAS, the City Council desires to amend said Original General Budget to reflect such supplemental appropriation and/or transfer in the fiscal year 2009-2010; now,therefore, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF FRIEND SWOODI, STATE OF TEXAS: Section 1. The facts and matters set forth in the preamble of this Ordinance are hereby found to be true and correct. Section 2. The "Original General Budget of the City of Friendswood, Texas, for the Fiscal Year 2009-2010," is hereby amended for municipal purposes as shown on "Budget Amendment X" to the "Original Budget of the City of Friendswood, Texas, for the Fiscal year 2009-2010" attached hereto. Said Budget Amendment X shall be attached to and made apart of such Original General Budget by the City Secretary and shall be filed as required by state law, a true and correct copy of which is attached hereto as Exhibits "A" and `B" and made a part hereof for all purposes. I Section 3. In the event any clause,phrase, provision, sentence, or part of this ordinance or the application of the same to any person or circumstance shall for any reason be adjudged invalid or held unconstitutional by a court of competent jurisdiction, it shall not affect, impair, or invalidate this ordinance as a whole or any part or provision hereof other than the part declared to be invalid or unconstitutional; and the City Council of the City of Friendswood, Texas, declares that it would have passed each and every part of the same notwithstanding the omission of any such part thus declared to be invalid or unconstitutional,whether there be one or more parts. PASSED AND APPROVED this 1st day of November 2010. QPwi J. H. Smit Mayor ATTEST: F R�EIy0 pF S� 0 Melinda Welsh,TRMC City Secretary 114. OF .t(�b Ord.2010-33 2 Exhibit A l- (112010-33) Attachment A Page 1 City of Friendswood Budget Amendment Summary Fiscal Year 2009 — 2010 Budget Amendment X November 1, 2010 Arbitrage Rebate Liability. $105,104.35. Appropriate general fund reserves to fund arbitrage rebate liability due to interest earnings on the Series 2005 GO Bonds. The payment is due to the Internal Revenue Service on November 14, 2010. I 2010-33 Exhibit A Exhibit B (R2O1O-33) City of Friendswood 2009-10 Budget Amendment X-Attachment B BA Number I Account Number Pro ectNo. Description Amount 1 001-0000-305.00-00 General Fund Reserves (105,104) 1 001-7001-419.74-00 ODeratinq Services 105,104 1