HomeMy WebLinkAboutORD 384 - ORD Releasing and Discharging Unexpended Funds approriated by ORD 340
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ORDINANCE NO. 384
AN ORDINANCE RELEASING AND DISCHARGING CERTAIN UNEXPENDED FUNDS HERETOFORE
APPROPRIATED BY ORDINANCE NO. 340'FOR PATING THE CITY'S PART OF THE COST OF
CERTAIN PORTIONS OF UNIVERSITY BOULEVARD, WESLAYAN STREET, RICE BOULEVARD,
AND AUDEN STREET, AND DECLARING SAME AVAILABLE FOR APPROPRIATION OUT OF THE
FUND TO THE CREDIT OF THE STREET PAVING AND BRIDGE BONDS, 1946, FOR OTHER
AUTHORIZED WORK, AND DECLARING AN EMERGENCY.
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WHEREAS, by ordinance., No. 340, duly and regularly passed and approved
April 3, '1947, .the sum of $125,000 was. appropriated out of the funds in the
City Treasury to the credit of the Street Paving and Bridge Bonds, 1946, for
the purpose of paying the City's portion of the cost of paving and improving
certain portions of. University Boulevard, Weslayan Street, Rice Botllevard, and
Auden Street, as therein set out; and contract was made and entered into of said
date between the Ci-ty' atld Holland Page, as Contractor, for such street improve-
ment; and
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WHEREAS, by subsequent ordinances various portions of the streets
theretofore ordered, improved, and to cover the City's portion of the cost of
which said funds were appropriated, were deleted from the paving program, arid
all those portions cf s~id streets actually improved under said paving program
and said April 3, 1947, contract with Holland Page, CO!ltractor, have been
completed and final settlement made with the contractor thereon, and said
portions of said streets improved have been accepted by the City by its
Ordinance No. 364, duly and regularly passed and approved March 8th, 1948; and
WHEREAS, said funds so earlier appropriated and unused in connection
with said April 3, 1948, contract have heretofore been actually released and
transferred as available funds to the credit of the Street Paving and Bridge
Bonds, 1946, but no ordinance formally so releasing and discharging said
unexpended funds from the earlier appropriation ordinance No. 340 appears of
record; NOW, THEREFOR~,
BE IT ORDAINED BY THE CITY COMMISSION OF THE CITY OF WEST UNIVERSITY
PLACE, TEXAS:,
Section 1. All that portion of the $125,000.00 appropriated by
Ordinance No. 340, passed and approved April 3, 1947, out of the funds to the
credit of the Street Paving and Bridge Bonds, 1946, in the City Treasury
unexpended in connection with said April 3, 1947, contract between the City
and Holland Page, Contractor, final settlement on Which has heretofore been
made pursuant to Ordinance No. 364, duly and regularly passed and approved
March 8th, 1948, be, and same are hereby, released and discharged from said
earlier appropriation and are hereby found and declared to be available in the
City Treasury to the credit of the Street Paving and Bridge Bonds, 1946, for
appropriation for use on another authorized projects.
Section 2. The foregoing release and discharge of said unexpended
portion of the funds earlier appropriated shall be effective from and alter
the final settlement between the City ancf'said Holland Page, Contractor,
under the April 3, 1947, contract as amended.
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Section 3. The fact that the unexpended portion of said $l25,ooo.oO
earlier appropriated, as hereinabove ,stated, is required for other street
improvements heretofore ordered, and which may hereafter be ordered, creates
a public emergency, and therefore this ordinance shall be passed finally on
the date of its introduction, this 21st day of June, 1948, and shall take
effect i.1nJnediately upon its pass~ge and approval by the Mayor.,
PASSED this 21st day of June, 1948.
APPROVED this 21st day of June, 1948.
APPROVED:
ATTEST:
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~ty Secret ' , '
City Attorney
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