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Ord. 0638 08-24-92ORDINANCE NO. 638 AN APPROPRIATION ORDINANCE ADOPTING A BUDGET FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 1992, AND ENDING SEPTEMBER 30, 1993. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF PEARLAND TEXAS: SECTION 1. That the City Manger's estimated 1991-92 Budget and proposed 1992-93 Budget be adopted in compliance with provi- sions of Article 8 of the Home Rule Charter of the City of Pear - land, Texas which sets forth certain very specific requirements as to the City of Pearland, SECTION 2. That there is hereby appropriated the sum of $7,455,457 to the General Fund for the payment of operating expense and necessary capital outlay for the City Government. SECTION 3. That there is hereby appropriated the sum of $2,542,558 to the Interest and Sinking Fund for the general debt service for the purpose of paying the interest due on the General Obligation Bonds and Certificates of Obligation of the City and principal for redeeming such Bonds and Certificates of Obligation as they mature. SECTION 4. That there is hereby appropriated the sum of $2,804,433 to the Water and Sewer utility Funds for operating expense and necessary capital outlay for the Water and Sewer Departments. SECTION 5. That there is hereby appropriated the sum of $224,390 to the Water and Sewer Utility Department for the pur- pose of paying principal and interest on Water and Sewer Revenue Bonds. SECTION 6. That the City Council hereby confers upon the City Manager general authority to contract for expenditures without further approval of the Council for all budgeted items the cost of which do not exceed the constitutional and statutory requirements for competitive bidding. SECTION 7. That the City Council deems the Organizational Plan contained in the 1992 - 1993 Budget to be in the best inter- est of the City and is hereby adopted. SECTION 8. That this ordinance shall become effective from and after its passage on second and final reading. PASSED, APPROVED /0 day of ATTEST: and ADOPTED on the first reading this the Pa Vitt Jones,ty Secretary A.D.. 1992. Copping€r; Mayo PASSED, APPROVED, and ADOPTED on the second and final read- ing this o2-`, day of G , A.D., 1992. ATTEST: Pa Jones,'ity Secretary APPRO D AS _TQ FORM: Lester Rorick, City Attorney V. CoW94r, Mayor 2 FMJFCir J PEARLAND CITY HALL Yc©(frfl thin /pLt0 30 11993 SECRETARY'S OFFICE Ordinance No. 638 4-,- 'mow:7 !'e.i, - 11 ! L CITY OF PEARLAND DANSBY AND MILLER ALA. ARCHITECTS FILE COPY CITY SECRETARY'S OFFICE D0 NOT REMOVE As Approved by the City Council of Pearfand, Texas PAUL GROHMAN / City Manager