HomeMy WebLinkAboutORD 04-059 ORDINANCE NO. 04-059
ENTITLED AN ORDINANCE AMENDING THE FISCAL
BUDGET OF THE CITY OF BEAUMONT FOR THE FISCAL
YEAR 2003/2004 TO TRANSFER $1,684,614 FROM THE
DEBT SERVICE FUND TO THE CAPITAL RESERVE FUND;
PROVIDING FOR SEVERABILITY; AND PROVIDING FOR
REPEAL.
BE IT ORDAINED BY THE CITY OF BEAUMONT:
Section 1.
THAT the Fiscal Budget of the City of Beaumont for the period commencing October 1,
2003, through September 30, 2004, be and the same is hereby amended to appropriate
and transfer the sum of$1,684,614 from the unreserved fund in the Debt Service Fund to
the City's Capital Reserve Fund.
Section 2.
That if any section, subsection, sentence, clause or phrase of this ordinance, orthe
application of same to a particular set of persons or circumstances, should for any reason
be held to be invalid, such invalidity shall not affect the remaining portions of this
ordinance, and to such end the various portions and provisions of this ordinance are
declared to be severable.
Section 3.
That all ordinances or parts of ordinances in conflict herewith are repealed to the
extent of the conflict only.
PASSED BY TH5, UNCIL of the City of Beaumont this the 17th day of
August, 2004.
�Ofl ��� - Mayor Evelyn M. Lord -