HomeMy WebLinkAboutORD 92-17 - Budget Recycling Grantli `.
ORDINANCE NO. 2a
AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF
GEORGETOWN, TEXAS, AMENDING THE 1991-92 ANNUAL BUDGET TO
CREATE A SPECIAL REVENUE FUND TO ACCOUNT FOR THE GRANT
THROUGH THE GOVERNOR'S SPECIAL ASSISTANCE FUND FOR SMALL
AND MINORITY BUSINESS / TEXAS COMMUNITY DEVELOPMENT
PROGRAM TO POLY RESOURCES RECYCLING, INC.; APPROPRIATING
THE VARIOUS AMOUNTS THEREOF; AND REPEALING ALL
ORDINANCES OR PARTS OF ORDINANCES IN CONFLICT THEREWITH.
WHEREAS, the City Council of the City of Georgetown passed and approved on
September 24, 1991 an ordinance appropriating for payments of expenditures of the individual
funds of the City for the fiscal year beginning October 1, 1991 and ending September 30, 1992;
and
WHEREAS, the City Council previously first amended the budget for the fiscal year
beginning October 1, 1991, and ending September 30, 1992, on second reading on April 28,
1992, and
WHEREAS, a Governors's Special Assistance Fund for Small and Minority Businesses
/ Texas Community Development Program grant has subsequently been awarded by the Texas
Department of Housing and Community Affairs (TDHCA) and the Texas Department of
Commerce (TDOC) to Poly Resources Recycling, Inc, through the City of Georgetown
(hereinafter "Grant"); and
WHEREAS, the City's receipt of Grant and requirements for expenditure of Grant funds
was not and could not have been foreseen on September 24, 1991, and therefore was not
included in the appropriations approved at that time; and
WHEREAS, the City Charter of the City of Georgetown provides that "the Council may
authorize a vote by a majority plus one on an emergency expenditure as an amendment to the
original budget only in a case of grave public necessity to meet an unusual and unforseen
condition that could not have been included in the original budget through the use of reasonable
diligent thought and attention"; and
WHEREAS, the City Council has determined that the expenditures required as a result
of the City's acceptance of Grant meet the Charter requirements to be determined as an
"emergency expenditure";
NOW, r• ORDAINED r OF
CITY OF r• r
Budget Amendment No. "
Page 1 of 4 1
SECTION 1.
The facts and recitations contained in the preamble of this ordinance are hereby found
and declared to be true and correct, and are incorporated by reference herein and expressly made
a part hereof, as if copied verbatim. The City Council hereby finds that this ordinance
implements many policies of the Century Plan- Policy Plan Element and most particularly
implements Economic Development Policy 1, which states "The City will encourage diversified
growth and promote business opportunities to create jobs, broaden the tax base and minimize
the impact of economic fluctuations", and further finds that the enactment of this ordinance is
not inconsistent or in conflict with any other Century Plan Policies, as required by Section 2.03
of the Administrative Chapter of the Policy Plan.
SECTION 2.
The amendment to the 1991-92 Annual Budget of the revenues of the City of Georgetown
and expenses of conducting the affairs thereof, is in all things adopted and approved as an
addition to the previously approved budget of the current revenues and expenses as well as fixed
charges against said City for the fiscal year beginning October 1, 1991, and ending September
30, 1992. A copy of the amendment is attached hereto as Exhibit A, and incorporated by
reference herein.
SECTION 3.
The total of $100,000 for the Grant as a Special Revenue Fund is hereby appropriated
for payments of expenditures and payments of the fund.
SECTION 4.
All ordinances and resolutions, or parts of ordinances and resolutions, in conflict with
this Ordinance are hereby repealed, and are no longer of any force and effect.
SECTION 5.
If any provision of this ordinance or application thereof to any person or circumstance,
shall be held invalid, such invalidity shall not affect the other provisions, or application thereof,
of this ordinance which can be given effect without the invalid provision or application, and to
this end the provisions of this ordinance are hereby declared to be severable.
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Budget Amendment No.
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SECTION 6.
The Mayor is hereby authorized to sign this ordinance and the City Secretary to attest.
This ordinance shall become effective and be in full force and effect in (10) ten days on and
after publication in accordance with the provisions of the Charter of the City of Georgetown.
PASSED AND APPROVED on First Reading on the day of ., _ , 1992.
PASSED AND APPROVED on Second Reading on the day of , 1992.
ATTEST:
Elizabeth Gray
City Secretary
Marianne Landers Banks
City Attorney
Budget Amendment No.
Page 3 of 4
THE CITY OF GEORGETOWN:
By: Leo Wood
Mayor
EXHIBIT A
Budget Amendment
TDHCA/TDOC Grant Special Revenue Fund:
Revenue
Cash Grant
Expenditures
Loan - Poly Resources Recycling, Inc.
Excess revenue over expenditures
Budget Amendment No,
Page 4 of 4
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