Ord. 0432 09-14-81ORDINANCE NO. 432
AN APPROPRIATION ORDINANCE ADOPTING A BUDGET
FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 1981,
AND ENDING SEPTEMBER 30, 1982.
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
$3,832,353.00 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
$576,453.00 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 and
principal for redeeming such Bonds, Certificates of Obligation,
and Warrants as they mature.
SECTION 4. That there is *hereby appropriated the sum of
$831,726.00 to the Water and Sewer Utility Funds for operating expenses
and necessary capital outlay for the Water and Sewer Departments.
SECTION 5. That there is hereby appropriated the sum of
$260,612.00 to the Water and Sewer Utility Department Service for the
purpose of paying principal and interest on Water and Sewer Revenue
Bonds and a Bond Reserve.
SECTION 6. 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., 1981.
ATTEST:
0, z
day of
Mayor, City of Pearland, Texas
PASSED AND APPROVED on the SECOND READING on this / L° day
A.D., 1981..
ATTEST:
Mayor, City of Pearland, Texas