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HomeMy WebLinkAboutOrdinance No. 04 21 Budget ORDINANCE NO. 04/21 AN ORDINANCE OF THE CITY OF UNIVERSITY PARK, TEXAS, AMENDING THE 2003-2004 FISCAL YEAR BUDGET, ORDINANCE NO. 03/22, TO TRANSFER FUNDS FROM THE FISCAL YEAR 2004 GENERAL FUND AND UTILITY FUND INTO THE CAPITAL PROJECTS FUND; 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. 03/22 to transfer funds fi.om the fiscal year 2004 general fund and utility 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. 03/22, the 2003-2004 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 $2,200,000 and a utility fund appropriation in the amount of $1,250,000 to the capital projects fund, and to be used for the City Hall renovation project, 43700,. That Ordinance No. 03/22 be, and the same is hereby, further amended so as to give effect to such appropriations and the City Manager is directed to transfer such funds fi.om the general fund and utility fund, respectively, 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 1 st day of June, 2004. C: ~Documents and Settingstnwilson. UNIVPARK~Local Settings[Temporary lnternet FileslOLK3~Budget Amendment Ordinance May 2004 (2).doc ATTORNEY ATTEST:~ ~ C:[Docurnents and Settingslnwilson. UNlVP,4RK~ocal SettingslTemporary Internet Files~OLK3~Budget Amendment Ordinance May 2004 (2).doc