Ord. 0702 1995-08-28ORDINANCE NO. 702
AN APPROPRIATION ORDINANCE APPROVING THE ADOPTION OF THE
PEARLAND ECONOMIC DEVELOPMENT CORPORATION ESTIMATED
BUDGET FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 1994 AND
ENDING SEPTEMBER 30, 1995, AND THE PROPOSED BUDGET FOR
THE FISCAL YEAR BEGINNING OCTOBER 1, 1995, AND ENDING
SEPTEMBER 30, 1996, AND AUTHORIZING EXPENDITURES IN
ACCORDANCE WITH THE CORPORATE BYLAWS OF THE PEARLAND
ECONOMIC DEVELOPMENT CORPORATION.
WHEREAS, the City of Pearland, Texas, adopted an additional
one-half of one percent (1/2) Sales and Use Tax to be used by a
city industrial development corporation for the promotion and
development of new and expanded business enterprises and any other
purpose authorized by Section 4B, Article 5190.6, V.T.C.S., as
amended (The Development Corporation Act of 1979), ("the Act"); and
WHEREAS, the City of Pearland created the Pearland Economic
Development Corporation ("PEDC") pursuant to the Act and shall
deliver to the PEDC, proceeds of the additional Sales and Use Tax
received by the City for appropriation by the PEDC as authorized by
the Act; and
WHEREAS, the PEDC has adopted Corporate Bylaws to govern its
affairs, which require the City Council's approval of its budget;
now, therefore,
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF PEARLAND, TEXAS:
Section 1. That the estimated budget for the fiscal year
beginning October 1, 1994 and ending September 30, 1995, in the
total amount of $60,500.00, adopted by the PEDC, be approved in
compliance with Article III, Section 3.02e, of the Corporate Bylaws
of the PFnC.
Section 2. That the proposed budget for the fiscal year
beginning October 1, 1995 and ending September 30, 1996, in the
total amount of $1,200,000.00, adopted by the PEDC, be approved in
compliance with Article III, Section 3.02e, of the Corporate Bylaws
of the PEDC.
Section 3. That the City Council hereby authorizes the PEDC
to expend funds for all budgeted items pursuant to the Act without
further approval of the City Council, in accordance with
Article III, Section 3.02e, of the Corporate Bylaws of the PEDC.
-1-
Section 4. That said budgets are attached hereto as
Exhibit "A" and incorporated herein for all purposes. �j
PASSED and APPROVED ON FIRST READING this the �Cf4 day of
, A. D., 1995.
ATTEST:
YOL;: 1• C. BENI'r Z
CITSECRETARY
day o
TOM REID
MAYOR
PASSED and APPROVED ON SECOND AND FINAL READING this the rii/
ATTEST:
MLKNIDA C. BE"NIT
CITY SECRETARY
EZ
APPROVED AS TO FORM:
ES Mac
ORNEY
A. D., 1995.
-2-
03,
TOM REID
MAYOR
EXHIBIT "A"
Economic Development
ACTUAL BUDGET ESTIMATE➢ PROPOSED
1993-1994 1994-1995 1994-1995 1995-1996
EXPENSE ACCOUNT
3100 SALARIES & WAGES
3101 Executive 2 15,400 128,000
3103 Clerical 2 - 7,800 52,000
3109 Overtime 200 1,200
3110 Incentive 0 5,000
3115 Social Security 1,790 14,250
3116 Retirement 1,610 12,810
TOTAL 0 0 26,800 213,260
4200 SUPPLIES
4203 Office Supplies 300 1,000
4214 Fuel 200 2,000
4235 Programs 3,750 60,000
TOTAL 0 0 4,250 63,000
5300 MAINTENANCE OF BUILDINGS
& GROUN➢S
5301 Buildings & Grounds 500 500
TOTAL 0 0 500 500
5400 MAINTENANCE OF EQUIPMENT
5401 Furniture & Office
Equipment
1,000
5402 Vehicle
500
5403 Radio
150
TOTAL 0 0 0 1,650
EXPENSE ACCOUNT
5500 MISCELLANEOUS SERVICES
5506 Auto Allowance
5507 Advertising/Public Notice
5509 Rental of Equipment
5511 Special Service
5519 Telephone
5524 Printing
5525 Postage
5533 Professional Development
TOTAL
5600 SUNDRY CHARGES
5607 Medical Exams
5618 Transfer to General Fund
TOTAL
TOTAL EXPENSE
6000 DEBT SERVICE REQUIREMENT
6001 Debt Service
TOTAL
6500 CAPITAL OUTLAY
6536 Grants
Economic Development
ACTUAL BUDGET ESTIMATED PROPOSED
1993-1994 1994-1995 1994-1995 1995-1996
0
0
0
300 3,600
1,800 12,000
950 9,900
5,000 10,000
600 6,000
0 5,000
0 1,200
5,000 12,000
0 13,650 59,700
300 150
0 76,000
0 300 76,150
0 45,500 414,260
0
0 0
0 780,740
Economic Development
ACTUAL BUDGET ESTIMATED PROPOSED
1993-1994 1994-1995 1994-1995 1995-1996
EXPENSE ACCOUNT
6571 Office Equipment 10,000 2,000
6583 Miscellaneous (computer) 5,000 3,000
TOTAL CAPITAL OUTLAY 0 0 15,000 785,740
TOTAL DEPARTMENT 0 0 60,500 1,200,000
,r,
GENERAL FUND COST ALLOCATION TO PEDC FUND
Acct.
Department
1010 City Council
1020 City Manager
1030
1040
1050
1060
1070
1080
1090
1110
1120
2210
2220
2230
2240
2250
2260
2270
2290
Public Works
Personnel
City Secretary
Finance
Tax
Legal
Municipal Court
Custodial Service
Engineering
Subtotal
Police
Fire
Health/Animal Shelte
Fire Marshal
MIS/Communication
EMS/EM Coord.
Warrant Officer
Service Center
Subtotal
3310 Inspection
3320 Community Services
3330 City Garage
3340 City Hall
'3.'350 Sanitation
3360 Other Requirements/
Debt Service
3370 Streets & Drainage
3380 Library
3390 Parks Admin & Maint
3391 Recreation
3392 Athletics/Aquatics
Subtotal
Total
Budget
1995-96
67,200
267,366
120,896
211,741
92,757
180,306
84,200
163,223
155,605
122,923
228,638
1,694,855
2,881,539
103,200
133,529
60,557
127,787
479,936
0
112,000
3,898,548
190,993
100,000
193,044
251,100
1,299,000
950,079
0
1,567,275
18,650
534,178
196,506
226,585
5,527,410
11,120,813
Percent
Gen. Fund
$ Amount
Gen. Fund
0.00% 0
5.00% 13,368
0.00% 0
2.00% 4,235
2.00% 1,855
8.00% 14,424
0.00% 0
5.00% 8,161
0.00% 0
4.00% 4,917
0.00% 0
2.77% 46,961
0.00% 0
0.00% 0
0.00% 0
0.00% 0
2.00% 2,556
0.00% 0
0.00% 0
0.00% 0
0.07% 2,556
0.00% 0
0.00% 0
2.00% 3,861
2.00% 5,022
0.00% 0
2.00% 19,002
0.00% 0
0.00% 0
0.00% 0
0.00% 0
0.00% 0
0.00% 0
0.5096 27,884
0.70% 77,401