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HomeMy WebLinkAboutORD 440 - ORD Releasing Unexpected Portion of Moneys by ORD 377 and ORD 379 in Connection to Improvments of Academy Street f'lf3 ORDINANCE, NO. Jlllo ..--J AN ORm NANCE RELEASING THE UNEXPENDED PORTION OF CERTAIN MONEYS, HERETOFORE APPROPRIATED BY ORDINAt~CES NO. 377 AND 379 IN CONNEC- TION WITH THE IMPROVEMENT OF PORTIONS OF ,ACADEMY STREET, FROM SAID APPROPRIATIONS, TRANSFERRING SAID UNEXPE11DED FUNDS TO THE GENERAL CREDIT OF STREET PAVING AND BRIDGE BONDS, 1946, AND DE- CLARING SAME AVAILABLE FOR OTHER APPROPRIATION: AND DECLARING AN EMERGENCY. WHEREAS, pursuant to. Treasurer's Certificate No. 7 and by Ordinance No. 377, passed and approved May 10, 1948, the City Commission appropriated the sum of $10,000.~but'6f the fl.lI\dsto the credit of Street Paving and Bridge Bonds, 1~46 to pay the cost ,of. paving and improving street intersections on A~Ciq~my Street from theNorth~line of University Boulevard to the South line of Richmond Road; and WHEREAS, pursuant to Treasurer's Certificate No.8, and by Ordinance No. 379, passed and approved May 10, 1948, the City Commission appropriated the sum of $4,500 out of the funds ,to the credit of Street Paving and Bridge Bonds, 1946 to pay the City's agreed contribution toward the cost of street improvements on Academy Street between the North line of,Un~versity Boulevard and the South line of Richmond Road; and, " WHEREAS, the work and the improvements under-the respective .con- tracts with reference to said portions of said street has been completed, and final settlement made thereunder, leaving unexpended out of said appropriations ~ the aggregate'sum of $41.02, with all bills paid except for legal services,- _ to cover which other funds are available and allocated; NOW, THEREFORE, BE IT ORDAINED BY THE CITY COMMISSION OF THE CITY OF WEST UNIVERSITY PLACE, TEXAS: Section 1. The City Commission does here and now find and determine that of the sum of $14,500 appropriated by Ordinances Nos. 377 and 379 the sum of $41.02 remains unexpended after the final completion of the contracts on Academy Street between University Boulevard and Ri.chmondRoad; that all bills payable by the City on the above me~tioned projects have been paid save and except that for legal services, to cover which other funds are available and allocated; and that said unexpended sum should be and is hereby released and discharged from said' earlier appropriations. Section, 2. That ,said unexpended funds should be and same are hereby transferred to the general credit of the fund to the credit of Street Paving and Bridge Bonds, 1946 in the City Treasury; and is henceforth available for appropriation for any other proper purpose. Section 3. The fact that said unexpended funds out of the said earlier appropr~ations'f!PQ~d be made available for other appropriations creates a public emergency and therefore this ordinance shall be passed finally on the date of i~s introduction and shall take effect immediately upon its passage and approval by the Mayor. PASSED this, the 4th day of January, 1949. 1'14 ATTEST: ~::I:r""1I -. , :. .~ ~. I:_.I... , ;P"'~' ,."1--. COMMISSIONERS Buschardt, Hamlett, Holman, Terry and Mayor Lanmon voting aye. NONE ~ voting no. APPROVED this, the 4th day of January, 1949. l :<,'1 ~~o;/ ,-Cit ~ry . , " r---- '-----' I~ ~ :~