HomeMy WebLinkAboutOrdinance No. 14_019 Amending the FY14 BudgetORDINANCENO. 14/019
AN ORDINANCE OF THE CITY OF UNIVERSITY PARK, TEXAS,
AMENDING THE 2013-2014 FISCAL YEAR BUDGET, ORDINANCE NO. 13/028, TO
TRANSFER FUNDS FROM THE FISCAL YEAR 2014 GENERAL FUND INTO THE
CAPITAL PROJECTS FUND; AUTHORIZING THE CITY MANAGER TO EFFECT SUCH
TRANSFER; AND PROVIDING AN EFFECTIVE DATE.
WHEREAS, the City Council of the City of University Park has determined that it is in
the public interest to amend Ordinance No. 13/028 to transfer funds from the fiscal year 2014
general fund into the capital projects fund; Now, Therefore,
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF
UNIVERSITY PARK, TEXAS:
SECTION 1. That Ordinance No. 13/028, the 2013-2014 fiscal year budget ordinance of
the City of University Park, Texas, be, and the same is hereby, amended to transfer a general fund
appropriation in the amount of $2,000,000 to the capital projects fund, to be used for future
capital projects as deemed necessary. That Ordinance No. 13/028 be, and the same is hereby,
further amended so as to give effect to such appropnations and the City Manager is directed to
transfer such funds from the general fund to the capital projects fund.
SECTION 2. This ordinance shall take effect immediately from and after its passage, as
the law and Charter in such cases provide.
DULY PASSED by the City Council of the City of University Park, Texas, on the I st day
of July, 2014.
APPRUZ -£ .
OLIN LANE, :rn.~~
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CITY ATTORNEY
ATTEST:
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CHRISTINE GREEN, CITY SECRETARY