18-59 - OTOWN OF PROSPER, TEXAS
ORDINANCE NO. 18-59
AN ORDINANCE OF THE TOWN OF PROSPER, TEXAS, AMENDING
ORDINANCE NO. 17-65 (FY 2017-2018 BUDGET) AND ALLOCATING FUNDS
TO FUND INCREASED EXPENDITURES OF $250,000 IN THE GENERAL FUND
BUDGET; PROVIDING FOR REPEALING, SAVINGS AND SEVERABILITY
CLAUSES; AND PROVIDING FOR AN EFFECTIVE DATE OF THIS
ORDINANCE.
WHEREAS, the Town Council of the Town of Prosper, Texas ("Town Council"), has
investigated and determined that it will be beneficial and advantageous to the residents of the
Town of Prosper, Texas ("Prosper"), to amend Ordinance No. 17-65 (FY 2017-2018 Budget) for
the purposes listed in Exhibit "A," attached hereto and incorporated herein by reference; and
WHEREAS, the changes will result in budgeted funds being reallocated among the
General Fund and an increase overall in the budget.
NOW, THEREFORE, BE IT ORDAINED BY THE TOWN COUNCIL OF THE TOWN OF
PROSPER, TEXAS, THAT:
SECTION 1
Findings Incorporated. The findings set forth above are incorporated into the body of this
Ordinance as if fully set forth herein.
SECTION 2
Amendment to Ordinance No. 17-65 (FY 2017-2018 Budaet). Ordinance No. 17-65 (FY
2017-2018 Budget) is hereby amended to allow for increases to appropriations as shown in
Exhibit 'A" attached hereto and incorporated herein by reference.
SECTION 3
Savinas/Rer)ealina Clause. All provisions of any ordinance in conflict with this Ordinance
are hereby repealed, but such repeal shall not abate any pending prosecution for violation of the
repealed Ordinance, nor shall the repeal prevent prosecution from being commenced for any
violation if occurring prior to the repeal of the Ordinance. Any remaining portions of conflicting
ordinances shall remain in full force and effect.
SECTION 4
Severability. Should any section, subsection, sentence, clause, or phrase of this
Ordinance be declared unconstitutional or invalid by a court of competent jurisdiction, it is
expressly provided that any and all remaining portions of this Ordinance shall remain in full force
and effect. Prosper hereby declares that it would have passed this Ordinance, and each section,
subsection, sentence, clause, or phrase thereof irrespective of the fact that any one or more
sections, subsections, sentences, clauses, or phrases be declared unconstitutional or invalid.
SECTION 5
Effective Date. This Ordinance shall become effective immediately upon its passage.
DULY PASSED AND APPROVED BY THE TOWN COUNCIL OF THE TOWN OF
PROSPER, TEXAS, ON THIS 24TH DAY OF JULY, 2018.
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* # Ray Smit , Mayor
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ATTEST
Town Secretary
APPROVED AS TO FORM AND LEGALITY:
Terrence S. Welch, Town Attorney
Ordinance No. 18-59, Page 2
EXHIBIT "A"
BUDGET AMENDMENT
FISCAL YEAR 2017-2018
July 24, 2018
Total Revenue $ -
Total Expenditures $ 250,000.00
Net Effect All Funds $ (250,000.00)
Amended
Increase
General Fund Original Budget
Current Budget
Budget
(Decrease)
Revenues:
Total $ -
$ -
$ -
$ -
Expenditures:
Public Works - Streets $ 4,039,888.00
$ 4,449,453.45
$ 4,699,453.45
$ 250,000.00
Total $ 4,0397888.00
$ 4,449,453.45
$ 4,699,453.45
$ 250,000.00
Total Revenue $ -
Total Expenditures $ 250,000.00
Net Effect All Funds $ (250,000.00)