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Ord 110-86 12/29/1986 ORDINANCE NO. /70- g ORDINANCE APPROPRIATING $1,500,000 FROM THE WEST TEXAS UTILITY FUND AND $2,337,600 FROM THE WATER AND SEWER FUND FOR LAND ACQUISITION FOR THE LAKE RINGGOLD PROJECT AND DECLAR- ING AN EMERGENCY. determined that the City' s WHEREAS, it has been deter ' s future water y requirements can be best met through the construction of an additional reservoir; and WHEREAS, the best location for such reservoir is on the Little Wichita River just south of its confluence with the Red River; and WHEREAS, negotiations have been successfully completed for the purchase of a substantial amount of land at the reservoir site; and WHEREAS, successful completion of this purchase requires that the purchase transaction be finished prior to the end of the current calendar year. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF WICHITA FALLS, THAT: Section 1. There is hereby appropriated the sum of $1,500,000 out of the West Texas Utility Fund to be placed in the following account: 16-754-5110 $1,500 ,000 Section 2. There is hereby appropriated the sum of $2,337,600 from the Water and Sewer Fund to be placed in the following account: 81-708-5110 $2,337,600 Section 3. In order to provide sufficient cash resources for operation of the Water and Sewer Fund, interfund transfers from the City' s General Fund are hereby authorized as determined to be reasonable and necessary by the Chief Accounting Officer of the City of Wichita Falls. Section 4. This appropriation constitutes a change to the adopted budget for the City of Wichita Falls. A growing public necessity exists, and this is an emergency expenditure required to meet unusual and unforeseen conditions which could not, by reasonable, diligent thought and attention, have been included in the 1986-1987 budget r Section 5. The successful completion of this purchase requires that it be finished prior to the end of the current calendar year. The fact that this amount will be due and that it is essential for the immediate use of the City of Wichita Falls creates an emergency. Therefore, this ordinance shall become effective immediately upon its passage. PASSED AND APPROVED this the 29th day of December, 986. MAYOR Attest: City Clerk , . Ad 190495 da i o_a Affidavit of Publication THE STATE OF TEXAS ORDINANCE A No. ATI COUNTY OF WICHITA ORDINANCE APPROPRIATING tpliTEXAS UTILITY FUND WEST D sr•) AND SEWER FFUND TFOR WLAND I On th k 13th day of January ACQUISITION FOR THE LAKE RINGGOLD PROJECT AND 19 87 DECLARING AND EMERGENCY A.D. .... personally appeared before me, the undersigned authority DArice U. Ming, , bookkeeper for the Times Publishing Company of Wichita Falls, publishers of the Wichita Falls Record News, a newspaper published at Wichita Falls in Wichita County. Texas, and upon being duly sworn by me, on oath states that the attached,advertisement is a true and correct copy of advertising published in. one (1 ) issues thereof on the following dates: January 7, 1987 Bookkeeper for Times Publishing Cpany of Wichita Falls Subscribed and sworn to before me this the day and year first above (SEAL) written. ....Afe2.—li ,..,....c e.:7,7 ,u,,,n,1ff .' /,. 1 NORINE LEWIS t ` '1 ;)*INotary Public, Texas s 3 My Commission k..,.sues. .c--.7?-764 VOP • • • k