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HomeMy WebLinkAboutORD 75-20{ `2S 2, ORDINANCE N0.' 0 ENTITLED AN ORDINANCE AMENDING THE BUDGET -.OF THE CITY OF BEAUMONT ADOPTED SEPTEMBER 24, 1974) FOR THE FISCAL PERIOD BEGINNING OCTOBER 1, 1974, AND ENDING SEPTEMBER 30, 1975, BY TRANSFERRING THE SUM OF $3009000 FROM UNAPPRO- PRIATED RESERVES TO ACCOUNT NO.�79-509, AND TRANSFERRING $2,500 FROM UNAPPROPRIATED RE- SERVES TO ACCOUNT NO. 11-201. WHEREAS, the City Manager has recommended the transfer of $300,000 of unappropriated reserves to Account No. 79-509 to pay the City's matching portion for the purchase of.twenty-five (25) b,uses for the Beaumont Transit System, and $2,500 from unappropriated reserves to Account No. 11-201 to pay for the publication of the annual activi- ties report for the City of Beaumont; and, WHEREAS, the City Council finds that the need for these transfers constitutes -an unforseen condition and creates a case of grave public necessity and that the recommendation of the City Manager should be ap- proved; NOW, THEREFORE, BE IT ORDAINED BY THE CITY OF BEAUMONT: 1, That the budget of the City of Beaumont, adopted on September 24, 1974, for the fiscal period beginning October -1,,1974, and ending September 30, 1975, be and the,same is hereby, amended by transferring $300,000 from unappropriated reserves to Account No. 79-509, and $2,500 from unappropriated reserves to Account No. 11-201. PASSED BY THE CITY COUNCIL of the City of Beaumont this the day of .. �✓ 1975 i yor -