HomeMy WebLinkAboutORD 868 Amending Ordinance # 427
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ORDINANCE NUMBER 868
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AN ORDINANCE AMENDING AN ORDINANCE ENTITLED:','
"ORDINANCE NUMBER 427"
"AN ORDINANCE PROVIDING FOR TEE ESTABLISHMENT -OF
THE CITY OF WEST UNIVERSITY PLACE, ,TEXAS, SANITARY
SEWER CAPITAL IMPROVEMENT FUND; DESIGN~TING THE
SOURCES FROM WRICH SAID FUND ,SHALL DERIVE AND LIMIT-
ING THE EXPENDITURE OF, MONIES FROM SAID ,FUND. "
PASSED ANDoAPPROVED NOvEMBER 8; 1948, BY AMENDING, SECTION 3
THEREOF, TO AUTHORIZE TRANSFER TO THE GENERAL FUND OF THE
CITY,OF ANY PORTION OR PORTIONS pF THE MONIES IN SAID CITY
OF, WEST UNIVERSITY PLACE" TEXAS ,S.ANITARY SEWER CAPITAL
IMPROVEMENT FUND FOUND TO BE SURPIDS RECEIPTS AND REVENUES
IN, EXCESS OF THE REASONABLE REQUIREMENTS AND PURPOSES FOR
WHICH SAID FUND WAS ESTABLISHED, AT THE TIME OR TIMES OF
SUCH, TRIlliS~~ QR TRANf3.FERS;' AND DECLARING AN, EMERGENCY.
BE IT ORDAINED BY THE CITY COMMISSION OF THE CITY OF WEST UNIVERSITY
PLACE, TEXAS:
Section 1. That the(,Ci;ty~"Commission of the City of West University
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Place does hereby find and determine that:
(a) On November 8, 1948, Ordinance number 427 was duly and regularly
passed by the City Commission of the City of West University Place,
Texas, and approved by the Mayor, establishing a Fund to be known as
The City of West University Place Sanitary Sewer Capital Improvement
Fund, and therein limited the expenditure of said funds as therein
set out; , ""' .. .... ,
(b) All contracts for furnishing by the City of West University Place,
Texas of its sewage facilities to projects located outside the cor-
porate limits of the city, have been completed and no further such
contracts are anticipated;
( c) The primary purposes for which said fund was established have
been accomplished and other funds are and will be available from
time to time, in reference to the continuing purposes as expressed
in said ordinance number 427;
(d) The amendment of Section 4 of Article XVIII of the City Charter
of the City of West University Place, Texas, by and pursuant to the
December 12, 1953 special election for such purpose, renders unneces- 0'
sary the limit;ation on expenditures of monies from said fund as pro-
vided in Sect-fon 3 of said Ordinance number 427, passed on November 8,
1948:
( ~) Surplus receipts and revenues have accumulated in said Fund in
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excess of the reasonable requirements and purposes for which said
'Fund was established, and it is to the best interest and benefit of
the City of West University Place that transfer of monies from said
fund to the General Fund of the City be specifically authorized.
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Section 2. That Section 3 of:Ordinance numer 427, passed and approved
on November 8, 1948, should be, and the same is hereby, amended to read as
follows:
"Section 3. Any portion or portions of the monies in
said City of West University Place Sanitary Sewer
Capital Improvement Fund'may be transferred therefrom
to the General Fund o'f the City of West University
Place; Texas, when found at ,-the time or times of such
transfer or transfers; to be surplus receipts and
revenueS in'excess of the reasonable requirements and
purposes for which said Fund was establ-ished. II'
Section ~.The fact that :surplus receipts ,and revenues have accumu-
lated in said City of West University Place, Texas Sanitary Sewer Capital
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Improvement Fund, substantially in excess of the reas.onable requirements
and purposes therefor, and the necessity that such surplus receipts and
revenues be made available to the General Fund of the City creates a public
emergency, and therefore this Ordinance shall be passed finally on the date
of its introduction this 25th day of July, 1966, and shall take effect im-
mediately upon its passage, and ,approval by the Mayor.
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PASSED this 25th day of July, 1966.
Commissioners Voting Aye:
Commissioners Voting No:
All
None
APPROVED this 25th day of July, 1966.
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Mayor
ATTEST:
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