Ordinance No. 10,105ORDINANCE NO. 10,105
® AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF BAYTOWN, TEXAS,
AUTHORIZING TRANSFERS OF UP TO ONE MILLION AND NO /100 DOLLARS
($1,000,000.00) FROM SAVINGS REALIZED IN THE GENERAL FUND FOR
FISCAL YEAR 2004 -05 BUDGET TO THE CAPITAL IMPROVEMENT PROGRAM
FUND; AND PROVIDING FOR THE EFFECTIVE DATE THEREOF.
WHEREAS, the City Council of the City of Baytown believes that certain capital projects, which
are not funded in the Fiscal Year 2004 -05 Budget, need to be funded for municipal purposes; and
WHEREAS, one such project may include the possible demolition of structures at Taft Circle
Apartments; and
WHEREAS, it is expected that in order to cause such capital projects to be performed the City of
Baytown will need up to ONE MILLION AND NO /100 DOLLARS ($1,000,000.00); and
WHEREAS, the City Council believes that for municipal purposes, it is in the best interest of the
City of Baytown to authorize transfers of up to ONE MILLION AND NO /100 DOLLARS
($1,000,000.00) from savings realized in the General Fund for Fiscal Year 2004 -05 Budget to the Capital
Improvement Program Fund; NOW THEREFORE,
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF BAYTOWN, TEXAS:
Section I: That the City Council hereby finds that all matters and facts set forth in the
recitals above are found to be true and correct.
Section 2: That the City Council of the City of Baytown, Texas, hereby authorizes transfers
of up to ONE MILLION AND NO 1100 DOLLARS ($1,000,000.00) from budget savings realized in the
General Fund for the Fiscal Year 2004 -05 Budget to the Capital Improvement Program Fund.
Section 3: This ordinance shall take effect immediately from and after its passage by the
City Council of the City of Baytown.
INTRODUCED, READ and PASSED, by the affirmative vote of the City Council of the City of
Baytown this the 28`h day of July, 2005.
CALVIN MUNDINGER, Mayor
ATTEST:
GA,,-K GA,,-KN4 w. SMITH, City Clerk
APPROVED AS TO FORM:
;® ACIO R.AMIREZ, SR., ity Attorney
RAKaren\Files\City Councill0rdinances12005Uuly 281 Designating Funds Frorn BudgetSavings4TaftCircleDemoRevised .doc