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HomeMy WebLinkAboutOrdinance No. 289 ORDINANCE N0._c ��_ AN ORDINANCE APPROVING AND ADOPTING THE CITY OF FRIENDSWOOD, TEXAS, REVENU'E SHARING BUDGET FOR THE FISCAL YEAR OF 1977-1978; MAKING APPROPRIATIONS FOR THE CITY FOR SUCH FISCAL YEAR AS REFLECTED IN SAID BUDGET; AND MAKING CERTAIN FINDINGS AND CONTAIN- ING CERTAIN PROVISIONS RELATING TO TFiE 5UBJECT Whereas, on the tenth day of October, 1977, the City Manager presented to the City Council a proposed Revenue Sharing Budget of the expenditures of the City of Friendswood, for the fiscal year of 1977-1978; and Whereas, after notice as required by law, a public hearing was held in the. Council Chambers in the City Hall on the twenty-fourth day of October, 1977 , at which hearing all citizens and all tax-payers of the City had the right ta be present and to be heard and those who requested to be were heard; and Whereas, the City Council has considered the proposed budget and has made the changes therein, if any, as in the City Councils � judgement were wax'rented by law and were in the best interest of the citizens and tax-payers of the City; and Whereas, a copy of such budget has been filed with the City Secretary and the City Council desires to adopt the sam�; now, therefore, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF FRIENDSWOOD, THE STATE OF TEXAS: Section l. The facts and resitations set forth in the preamble of this Ordinance are hereby found to be true and correct. Section 2. In accordance with law, the City Council hereby approves and adopts the Revenue Sharing Budget described above, the same being on file with the City Secretary. The City Secretary is hereby directed to place on said budget and to ,��y sign an endorsement reading as follows : "The Original Revenue Sharing Budget of the City of Friendswood, Texas, for the Fiscal Year of 1977-1978 , " and to keep such budget on file in her office as a public record. Section 3. In support of said budget and by virtue of the adoption thereof, there is hereby appropriated out of Revenue Sharing Funds which will be received in the treasury during the fiscal year 1977-1978 ,and interest which will be earned on such Revenue Sharing Funds, the amounts set forth in said approved budget for the various purposes stated therein. The total amount now thus appropriated from such Revenue Sharing Funds, and the interest to be earned thereon, is $99 , 391. 00. Section 4. This Ordinance shall be passed finally on the date of its introduction and shall take effect immediately upon its passage and approval of the Mayor. PASSED, APPROVED AND ADOPTED finally this �day of %��,��h✓ . 1977. � � Ralph . Lowe, Mayor CITY OF FRIENDSWOOD, TEXAS ATTEST: � � � .� � � ,-z�� obbie C. Henry, City ecretary THE ORIGINAL REVENUE SHARING BUDGET OF THE CITY OF FRIENDSWOOD, TEXAS, FOR THE FISCAL YEAR 1977-1978 RECEIPTS Entitlement Period 8 $32, 110 . 00 Entitlement Period 9 67, 281. 00 TOTAL Revenue Sharing Receipts $99 , 391. 00 EXPENDITURES Public Works Building or Land $43, 000. 00 Gtreet Material and Street 24, 391. 00 Construction Water System Improvements 32, 000. 00 TOTAL Expenditures $99, �91. 00