HomeMy WebLinkAboutORD 12-049 ORDINANCE NO. 12-049
ENTITLED AN ORDINANCE AMENDING THE.FISCAL BUDGET OF THE
CITY OF BEAUMONT FOR THE FISCAL YEAR 2012 TO CLOSE-OUT THE
RITA RECOVERY FUND AND TRANSFER THE FUND BALANCE OF
$1,549,384 FROM THE RITA RECOVERY 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, 2011, through September 30, 2012, be and the same is hereby amended to close-out
the Rita Recovery Fund and appropriate and transfer the fund balance of$1,549,384 from
the Rita Recovery Fund to the Capital Reserve Fund.
Section 2.
That if any section, subsection, sentence, clause or phrase of this ordinance, or the
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That all ordinances or parts of ordinances in conflict herewith are repealed to the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 THE CITY COUNCIL of the City of Beaumont this the 7th day of
August, 2012. ��
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- 04yor 94cky Ames -
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