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18-63 - OTOWN OF PROSPER, TEXAS ORDINANCE NO. 18-63 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 $30,000 IN THE VERF 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 Budget). 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 Savings/Repealing 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 All provisions of any ordinance in conflict with this Ordinance are hereby repealed, but such repeal shall not abate any pending prosecution for violation of the repealed Ordinance, nor shall the repeal prevent prosecution from being commenced for any violation if occurring prior to the repeal of the Ordinance.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 PASS VNgIrOVED BY THE TOWN COUNCIL OF THE TOWN OF PROSPER, TEXA IjPAY OF AUGUST, 2018. • N sq. /'Z O p 06. a as*a°°ssa°a*va ATTET 00! R-41 f 111 MIF .1 Rbbyn Batt, Town Secretary APPROVED AS TO FORM AND LEGALITY: /s Terrence S. Welch, Town Attorney TOWN OF PROSPER, TEXAS 4'c'�k Ray SmitO, Mayor Ordinance No. 18-63, Page 2 EXHIBIT "A' BUDGETAMENDMENT FISCAL YEAR 2017-2018 August 14, 2018 VERF Fund Original Budget Current Budget Amended Increase Budget (Decrease) Revenues: 5 $ $ Total $ $ $ - $ Expenditures: Community Services - Park Ops Equipment Capital Expenditure S S $ 30,000.00 $ 30,000-00 Total $ $ $ 30,000.00 $ 30,000.00 Total Revenue Total Expenditures Net Effect All Funds Ordinance No. 18-63, Page 3 $ 30,000.00 $ (30,000.00)