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0422CITY OF SOUTHLAKE, TEXAS ORDINANCE NO. 422 AN ORDINANCE OF THE CITY OF SOUTHLAKE, TEXAS AMENDING ORDINANCE NO. 364 RELATING TO THE BUDGET FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 1987 AND TERMINATING SEPTEMBER 30, 1988; AND DECLARING AN EFFECTIVE DATE WHEREAS, the City Council of the City of Southlake, Texas, (the "City"), by its Resolution No. 88-9, has authorized the execution of a contract with Lockwood, Andrews & Newnam, Inc. for professional engineering services and other technical services related to preparation of schematic design drawings, and preliminary estimates of construction and right-of-way costs for improvements to State Highway 114 within the City from Dove Road to Loop 382; and WHEREAS, performance by the City in accordance with such contract will necessitate amending the fiscal year 1987-88 budget in order to reflect a deposit of revenue to the General Fund in the amount of $55,000, and to transfer $11,000 from the General Fund (heretofore reserved to the Animal Control Participation Account) to the Public Works Fund, all as fully set forth in Exhibit "A" hereto entitled "Budget Amendment IV - 2/]6/88." NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF SOUTHLAKE: Section l. That all of the above premises be true and correct and are incorporated into the ordinance as if copied in their entirety herein. are found to body of this Section 2. That the budget of the City, as approved by Ordinance No. 334 and as amended to date, is further amended as set forth in Exhibit 'A" hereto entitled "Budget Amendment IV - 2/16/88." Section 3. That the City Manager be and is hereby authorized to make the appropriate changes to the budget to reflect the changes noted above. Section 4. A true copy of this ordinance amending the Fiscal Year of 87-88 budget shall be filed with the City Secretary and attached to the budget originally adopted, and the C~ty Manager is hereby directed to file or cause to be fi]ed a true copy of the amendments in the office of the County Clerk of Tarrant County, Texas. Section 5. That this Ordinance and after the date of approval hereof. shall be effective from Z C/E C t z o -Z- dq.t0 rpgi:W2i0 : OS SY a3A02iddv ``�an�rnnrnp ['MS] • \ , daaq.aioeg A • if 1I 44,,,,uuu%►"N r'l-xas 'axe ,u n o go, 4t. '10 '8W ‘° Nikko, ' 8861 ' i f Jo Asp -': allooas No aaAo2ia7, I aassYa • 9861 ' - Jr' . - --- go Rep 7/ stua. DNIQV321 SS?II3 NO a3AO:ddv ' a3SSIld-' F..X~T A BUDGET AMENDMENT IV Z/~6/88 CD t~ I