Ord. 1025 09-10-01 ORDINANCE NO. 1025
AN APPROPRIATION ORDINANCE ADOPTING A BUDGET FOR
THE FISCAL YEAR BEGINNING OCTOBER 1, 2001, AND ENDING
SEPTEMBER 30, 2002.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF PEARLAND, TEXAS:
Section 1. That the City Manager's estimated 2000-2001 Budget and
proposed 2001-2002 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 $22,749,825 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 95,406,065 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,
and payments to special districts.
Section 4. That there is hereby appropriated the sum of 97,372,102 to the
Water and Sewer Fund for operating expense and necessary capital outlay for the
Water and Sewer Departments.
Section 5. That there is hereby appropriated the sum of 91,880,490 to the
Water and Sewer Fund for the purpose of paying principal and interest on Water and
Sewer Revenue Bonds.
ORDINANCE NO. 1025
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 2001-2002 Budget to be in the best interest 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 and APPROVED ON FIRST READING this the 27 day of
August , A. D., 2001.
TOM REID
MAYOR
ATTEST:
PASSED and APPROVED ON SECOND AND FINAL READING this the 10 day
of September , A. D., 2001. ~
TOM REID
MAYOR
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ORDINANCE NO. 1025
ATTEST:
APPROVED AS TO FORM:
~)ARRIN M. COKER
CITY ATTORNEY
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