Loading...
HomeMy WebLinkAboutORD 76-73Gz� 73 ORDINANCE NO. ENTITLED AN ORDINANCE AMENDING THE BUDGET OF THE CITY OF BEAUMONT FOR THE FISCAL PERIOD BEGINNING OCTOBER 1, 1975 AND ENDING SEPTEM- BER 30, 1976 BY TRANSFERRING THE'SUM OF $12,000.00 FROM EXCESS REVENUES TO ACCOUNT NO. 79-415 FOR PAYMENT OF CONSULTING FEES FOR THE STUDY OF THE RATE REQUEST OF GULF STATES UTILITIES COMPANY; AND AUTHORIZING PAYMENT TO TOUCHE ROSS & COMPANY IN THE SUM OF $67,000.00; PROVIDING FOR SEVERABILITY; PROVIDING FOR REPEAL. WHEREAS, the City of Beaumont has retained the firm of Touche Ross & Company to study the application of Gulf States Utilities Company for a general rate increase; and, WHEREAS, said study has been completed at a total cost to the City of $67,000.00; and, WHEREAS, by ordinance 0-76-14, enacted February 3,; 1976, the City has appropriated the sum of $55,000.00 to pay for such study; and, WHEREAS, Gulf States Utilities Company has agreed to reimburse the City the total amount of $67,000.00; NOW, THEREFORE, BE IT ORDAINED BY THE CITY OF BEAUMONT: Section 1. That the budget of the City of Beaumont for the fiscal period beginning October 1, 1975, and ending September 30, 1976, be, and the same is hereby, amended by transferring $12,000.00 from Excess Revenues to Account No. 79-415 for the payment of consulting fees in the study of the applica- tion for rate increase by Gulf States Utilities Company. Section 2. That the appropriate City officials be, and they are hereby, authorized to make payment to Touche Ross & Company for said study in the total amount of $67,000.00 tO l Section 3. 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 in no wise 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 4. All ordinances or parts of ordinances in conflict herewith are.hereby repealed. PASSED BY THE CITY COUNCIL of the City of Beaumont this the �j day of 1976. -Mayor- -2-