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Ord 064-2003 7/1/2003ORDINANCE NO. lQIA -,3� ORDINANCE OF THE CITY COUNCIL OF THE CITY OF WICHITA FALLS, TEXAS, MAKING AN APPROPRIATION FROM THE STORMWATER DRAINAGE UTILITY SYSTEM (SDUS) FUND FOR PURPOSES OF FUNDING THE CONSTRUCTION OF FAITH VILLAGE DRAINAGE IMPROVEMENT PROJECT, PHASE I; FINDING AND DETERMINING THAT THE MEETING AT WHICH THIS ORDINANCE WAS PASSED WAS OPEN TO THE PUBLIC AS REQUIRED BY LAW. WHEREAS, the Council desires to use funds from the Stormwater Drainage Utility System (SDUS) Fund for the construction of Faith Village Drainage Improvement Project, Phase I; and WHEREAS, the current budget has an available balance of $975,000 in the Storm Water Drainage Utility System (SDUS) Fund; and WHEREAS, it is necessary to appropriate an additional $1,401,500 of the fund balance to the operating budget of the Storm Water Drainage Utility System Fund to cover the bid price of the project. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF WICHITA FALLS, TEXAS, THAT: SECTION 1. There is hereby appropriated from the Stormwater Drainage Utility System (SDUS) Fund the amount of $1,401,500.00. This amount is appropriated to operating account 552 - 8162 - 77272. SECTION 2. It is hereby officially found and determined that the meeting at which this ordinance was passed was open to the public as required by law. PASSED AND APPROVED this the 1st day of July, 2003. MAYOR ATTEST: ity Clerk