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HomeMy WebLinkAboutORD 476 - ORD Releasing the Unexpended Portion $ 36000 Appropriated by ORD 414 in Connectiion to Paving and Improving I:r.-, .. . ~.:: , - . .~ B8 ORDINANCE NO. h76 ' AN ORDINANCE RELEASING THE .UNEXPENDED PORTION OF THE $36,000 HERETOFORE APPROPRIATED BY ,ORDINANCE NO. 414 IN CONNECTION WITH THE PAVING AND IMPROVING OF PORTIONS' OF UNIV$RSITY BOULEVARD AND RICE BOULEVARD FROM SAID APPRQPRIATION; -TRANSFERRING SAID UNEX- ' PENDED FUNDS TO THE GENERAL CREDIT OF STREET IMPROVEMENT BONDS, SERIES 1948, AND DECLARING SAME AVAILABLE FOR OTHER APPROPRIATION; AND DECLARING AN EMERGENCY. I r-- WHEREAS, by its Ordinance No. h14, passed and approved October ll, 1948, the City Commission appropriated the sUI!l of $36,000 out of the fund to the credit of Street Improvement Bonds, Series 1948 to pay the City's part of the cost of paving-and improving portions of University Boulevard and Rice 'Boulevard, comprising Secti~ns 3 and ~ as in said Ordinance described; and WHEREAS, the work' and improvements under the October.I]" 1948, contract with Russ Mitchell, Inc. with reference to said sections of said UniversitYiBoulevardand Rice Boulevard has been completed and final settle- ment made with said Contractor under said contract, leaving unexpended out of said sum so appropriated the sum of $11,.3h7.35; 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 $36,000, appr015rj,;ated by Ordinance No. h14, the sum of $11,347.35 remains unexperi~ed after the final completion of the contract on thpse portions of University Boulevard and Rice, Boulevard comprising Sections ~o. J and 5 as described in said contract; that all bills payable by the City in connection with said contract have been paid; and that said unexpended sum Should be and the same is hereby released and discharged from said earlier appropriation. 'I .~I Section 2. is transferred to the in the City Treasury; other proper purpose. . I That sa~d unexpended fund should be and the same hereby general credit of Street Improvement Bonds, Series 19h8 and is henceforth available for appropriation for any .'~....z;.. Section 3. The fact that said unexpended fund out of the said eaI'lier appropriation should be made available for other appropriations creates a public emergency and therefore this ordinance shall be passed finally on the date of its introduction and shall take effect immediately upon its passage and ~pproval by the Mayor. PASSED, this, the 11th day of July, 1949. Commissioners Buschardt, Hamlett, Holman, Terry and Mayor Lanman voting aye; None - voting no. APPROVED this,. the 11th day of July, .] ATTEST: Texas