Ord. 0311 08-25-75ORDINANCE NO. 311
AN APPROPRIATION ORDINANCE ADOPTING A BUDGET
FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 1975,
AND ENDING SEPTEMBER 30, 1976.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF PEARLAND, TEXAS:
SECTION 1. That the City Manager's proposed budget be
adopted in compliance with provisions of Article 8 of the Home Rule
Charter of the City of Pearland, Texas, which sets forth certain very
specific requirements as to the City of Pearland.
SECTION 2. That there is hereby appropriated the sum of
$1,092,157.00 to the General Fund for the payment of operating expenses
and necessary capital outlay for the City Government.
SECTION 3. That there is hereby appropriated the sum of
$255,618.00 to the Interest and Sinking Fund for general debt service for
the purpose of paying the interest due on the General Obligation Bonds,
Certificates of Obligation, and Warrants of the City for redeeming such
Bonds, Certificates of Obligation, and Warrants as they mature.
SECTION 4. That there is hereby appropriated the sum of
$355,500.00 to the Water and Sewer Utility Funds for operating expenses
and necessary capital outlay for the Water and Sewer Departments.
SECTION 5. That this ordinance shall become effective
from and after its passage on second and final reading.
PASSED AND APPROVED on the first reading this
A. D. 1975.
ATTEST:
day of l
CITY OF PEARLAND, TEXAS
MAYOR
City Secretary
PASSED AND APPROVED ON SECOND AND FINAL READING this
, A. D. 1975.
CITY OF PEARLAND, TEXAS
day of
MAYOR
ATTEST:
City Secretary