HomeMy WebLinkAboutORD 2016-43 - Sidewalk IH35 Frontage RdORDINANCE NO. 01�' l
AN ORDINANCE AMENDING THE 2016 ANNUAL BUDGET DUE TO AN
APPROVED CAPITAL IMPROVEMENT PROJECT FOR THE ADDITION OF
A SIDEWALK AT IH36 SOUTHBOUND FRONTAGE ROAD THAT HAD
NOT BEEN FINALIZED WHEN THE BUDGET WAS ADOPTED, AND
REPEALING ALL ORDINANCES OR PARTS OF ORDINANCES IN
CONFLICT THEREWITH.
WHEREAS, the Council approved the addition of a Capital Improvement Project to
add a sidewalk at IH35 Southbound Frontage Road on February 9, 2016; and
WHEREAS, the changes were unknown and unforeseeable at the time the fiscal
year 2016 budget was approved; and
WHEREAS, the City Charter allows for changes in the Annual Operating Plan by a
Council majority plus one in emergency situations;
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF
GEORGETOWN, TEXAS, THAT:
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.
SECTION 2.
The amendment to the 2016 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, 2015, and ending September
30, 2016. A copy of the amendment is attached hereto as Exhibit "A" incorporated by reference
herein.
SECTION 3.
The total of $600,000 is hereby appropriated for payments of expenditures and payments
of the funds and included in the Exhibit "A".
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Ordinance are hereby repealed, and are no longer of any force and effect. This ordinance
complies with the vision statement of the Georgetown 2030 Plan.
Ordinance Number: O l to - y3
Description: Sidewalks Budget Amendment
Date Approved: May 10, 2016
Page 1 of 2
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.
SECTION 6.
The Mayor is hereby authorized to sign this ordinance and the City Secretary to attest.
This ordinance shall become effective upon adoption of its second and final reading by the City
Council of the City of Georgetown, Texas.
PASSED AND APPROVED on First Reading on the 261 day of April, 2016.
PASSED AND APPROVED on Second Reading on the 10t1 day of May, 2016.
ATTEST: S T��°JTY OF GEORGETOWN: O 6�c W
Shelley No lin By: Dale Ross
City Secreta 2r Mayor
APPROVF9.f
Charlie McNabb
City Attorney
Ordinance Number: oZ ( - Page 2 of 2
Description: Sidewalks Budget Amendment
Date Approved: May 10, 2016
EXHIBIT A
2016 Budget Amendment - Sidewalks
General Capital Proiects Fund
Proposed budget amendments include a $600,000 increase in Bond Proceeds (revenue) and Streets CIP
(expenditures) for the addition of the IH35 Southbound Frontage Road sidewalk.
Total Increase in Expenditures $ 600,000
Net Decrease in Fund Balance $
2016 Approved
Budget
Impact of
This Action
2016 Amended
Bud et
Beginning Fund Balance
$ 14,858,811
$ -
$ 14,858,811
Revenues
Bond Proceeds
29,850,000
600,000
30,450,000
All Other Revenues
5,161,899
-
5,161,899
Total Revenues
35,011,899
600,000
35,611,899
Expenditures
Streets CIP
20,675,000
600,000
21,275,000
All Other Expenditures
26,380,549
-
26,380,549
Total Ex enditures
47,055,549
600,000
47,655,549
Ending Fund Balance
$ 2,815,161
$ -
$ 2,815,161
Total Increase in Expenditures $ 600,000
Net Decrease in Fund Balance $