Ord. 1076-2 04-28-03ORDINANCE NO. 1076-2
AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF
PEARLAND, TEXAS, AMENDING ORDINANCE NO. 1076, THE 2002-
2003 ANNUAL BUDGET ORDINANCE, BY AUTHORIZING CERTAIN
ADDITIONS TO THE MOBILITY BOND FUND, THE 2001 CERTIFICATE
OF OBLIGATION FUND AND THE ROAD AND BRIDGE FUND FOR
MUNICIPAL PURPOSES; AUTHORIZING THE CITY MANAGER OR HIS
DESIGNEE TO TAKE ALL ACTIONS NECESSARY TO FACILITATE
THE CHANGES IDENTIFIED HEREIN WITHOUT FURTHER
APPROVAL OF CITY COUNCIL; PROVIDING A SAVINGS CLAUSE, A
SEVERABILITY CLAUSE, A REPEALER CLAUSE, AND AN
EFFECTIVE DATE; AND DECLARING AN EMERGENCY BECAUSE
THE NEED TO ADJUST THE CITY BUDGET INURES TO THE BENEFIT
OF THE PUBLIC AND, THEREFORE, BEARS DIRECTLY UPON THE
HEALTH, SAFETY AND WELFARE OF THE CITIZENRY.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF PEARLAND, TEXAS:
Section 1. That the City Manager or his designee is authorized to make the
additions to the Mobility Bond Fund, the 2001 Certificate of Obligation Fund and the
Road and Bridge Fund as set out in Exhibit "A," attached hereto and incorporated
herein by reference for all purposes, as authorized by law for municipal purposes.
Section 2. That the City Manager or his designee is authorized to take all
actions necessary to facilitate the changes identified herein without further approval of
City Council.
Section 3. Declaration of Emergency. The Council finds and determines
that the need to adjust the City budget inures to the benefit of the public and, therefore,
bears directly upon the health, safety and welfare of the citizenry; and that this
Ordinance shall be adopted as an emergency measure, and that the rule requiring this
Ordinance to be read on two (2) separate occasions be, and the same is hereby
waived.
Section 4. Savings. All rights and remedies which have accrued in favor of
the City under this Chapter and amendments thereto shall be and are preserved for the
benefit of the City.
ORDINANCE NO. 1076-2
Section 5. Severability. If any section, subsection, sentence, clause, phrase
or portion of this Ordinance is for any reason held invalid, unconstitutional or otherwise
unenforceable by any court of competent jurisdiction, such portion shall be deemed a
separate, distinct, and independent provision and such holding shall not affect the
validity of the remaining portions thereof.
Section 6. Repealer. All ordinances and parts of ordinances in conflict
herewith are hereby repealed, but only to the extent of such conflict.
Section 7. Effective Date. This Ordinance shall become effective
immediately upon its passage and approval by the City Council.
PASSED and APPROVED on First and Only Reading this the 28th day of
Apri 1 , A.D., 2003.
ATTEST:
APPROVED AS TO FORM:
Ode,
DARRIN M. COKER
CITY ATTORNEY
TOM REID
MAYOR
2
EXHIBIT
n"
CITY OF PEARLAND
ALL CAPITAL PROJECTS
Combined Statements of Revenues, Expenditures and Changes in Fund Balances
For The Five Months Ended 02/28/2003
32 34 35 36 37
St Assess St Assess St Assess St Assess St Assess
Gardeu/FM518 Broadway CO RD 58 Fite Road Ma -lard
Sources
Interest $ - $ 46 $ 40 $ 21 $ 163
Proceed from builders 1,575 4,296 -
From overpass -
From TDOT
Bond
Proceed from leases -
Total revenues 1,575 46 4,336 2l 163
Use of sources
Capital outlays
Capital improvements
Bond issue expenses
Miscellaneous
Total expenses
Other Financing Sources (Uses)
Transfer from 2001 Revenue Bond
Transfer from General fund
Transfer out to General Fund
Total Other Financing Sources and (Uses)
Net Revenues 1,575 46 4,336 21 163
Fund balance at beginning 54,016 42,911 25,081 363,896
Fund balance at ending $ 1,575 $ 54,062 $ 47,247 $ 25,102 $ 364,059
38
St Assess
Southfork
39 40 41 50 51 53 54
St Assess St Assess St Assess Capital St Impvt Road Library
Hook Road Hughes/Cullen Various Projects 92' Bridge
16 $ 134 $
11 $ 270 $ 617 $ $ 41 $
16 134 11 270 617 41
31,649 2,478
31,649 2,478
41,667
41,667
16
134 11 270 10,635 (2,437)
137,629
203,969 12,803 (49,772) 1,360,352
49,398 10,845
$ 137,645 $
204,102 $ L 12,814 J$ (49,502) S 1,370,987 $ - $ 46,961 $ 10,845
CITY OF PEARLAND
ALL CAPITAL PROJECTS
Combined Statements of Revenues, Expenditures and Changes in Fund Balances
For The Five Months Ended 02/28/2003
58 61 68 70 71 72 Total
Capital Mobility Drainage Vehicles All Funds
Impvt 97 CO 97 A CO 2001 CO 2001 CO 2001 CO 2001
56 $ 56 $ - $ 66,253 $ 32,323 $ - $ 100,046
- - 5,871
321,304 321,304
56 56 321,304 66,253 32,323 427,221
6,867 2,784,165
781,574 1,037,077
4,643,810
6,867 2,784,165
(329,000)
781,574 1,037,077 4,643,810
41,667
(329,000)
(329,000)
(287,333)
56 (6,811) (2,791,861)
(715,321) (1,004,754)
(4,503,922)
128,866 4,231,670
14,166,767 7,986,414 223,219 28,948,063
$ 56 $ 111.72:0-531 $ 1,439,809 $ 13,451,446 $ 6,981,660 $ 223,219 $ 24,444,139
Projected Fund Balance
October 1, 2002
. Revenues & Sources
Total Available
Expenditures
Projected Fund Balance
September 30, 2003
CITY OF PEARLAND
CAPITAL IMPROVEMENTS PLAN SUMMARY
FISCAL YEAR 2002-2003
Capital Roads & 1999 W&S 2001
Projects Bridges SWEC 1998 COs tevenue Bond CO's
Fund Fund Fund Fund Fund Fund
1,660,134 63,408 2,062,631 5,995,783 4,087,865 1,200,000
101,200 1,800 60,030 707,323 60,200 15,150,060
1,761,334 65,208 2,122,661 6,703,106 4,148,065 16,350,060
1,100,000
860,000 4,417,908 12,669,717 28,873,504
661,334 65,208 , 1,262,661 2,285,198 (8,5216, 52) (12,523,444Z
- 202 -
Exhibit A
Road &
Bridge Fund
Projected Fund Balance
October 1, 2002
Revenues & Sources
$ 63,408
$ 1,800
Total Available $ 65,208
Expenditures $ 48,697
Projected Fund Balance
September 30, 2003
$ 16,511