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10-103 - O r A1` TOWN OF SP' E, R ORDINANCE NO. 10-103 AN ORDINANCE OF THE TOWN OF PROSPER, TEXAS AUTHORIZING CERTAIN BUDGET AMENDMENTS PERTAINING TO THE FISCAL YEAR 2009-10 BUDGET, PROVIDING FOR SUPPLEMENTAL APPROPRIATIONS FOR MUNICIPAL PURPOSES IN ACCORDANCE WITH EXISTING STATUTORY REQUIREMENTS; PROVIDING FOR REPEALING, SAVINGS AND SEVERABILITY CLAUSES; PROVIDING FOR AN EFFECTIVE DATE OF THIS ORDINANCE; AND PROVIDING FOR THE PUBLICATION OF THE CAPTION HEREOF. WHEREAS, pursuant to the laws of the State of Texas and by Ordinance No. 09-110 , the Town Council of the Town of Prosper, Texas, adopted its"Original Budget for Fiscal Year 2009-2010"; and WHEREAS, the Town Council has determined that additional revenues and/or reserves are available for supplemental appropriation, and/or that the transfer of certain funds is economically feasible and in the best interest of prudent budgeting for municipal purposes; and WHEREAS, Section 7.09 of the Town Charter provides for amendments after adoption of the budget; and WHEREAS, the Town Council desires to amend said Original Budget to reflect such supplemental appropriation for Fiscal Year 2009-2010. NOW THEREFORE, BE IT ORDAINED BY THE TOWN COUNCIL OF THE TOWN OF PROSPER, TEXAS, COLLIN COUNTY, TEXAS: SECTION 1: Findings lncormora�ed. The findings set forth above are incorporated into the body of this Ordinance as if fully set forth herein. SECTION 2: Amendment of Budact. We the Mayor and Town Council for the Town of Prosper do hereby amend the "Original Budget for Fiscal Year 2009-2010" for municipal purposes as shown on "FY 2009-10 Budget Amendment I" attached hereto. Said Budget Amendment I shall be attached to and made part of the Original Budget by the Town Secretary and shall be filed as required by state law, a true and correct copy. SECTION 3: Supla giental Ap ,!Io rintion of Funds . The sums below are hereby appropriated from the respective fund(s) for the payment of expenditures on behalf of Prosper as established in FY 2009-10 Budget Amendment I: Fund Original Budget Amendment I Amended Total General Fund $ 6,397,346 $ 138,343 $ 6,535,689 Page 1 of 2 Sl MCTION : Authority of 'ToRwww�Maa argr. Specific authority is hereby given to the Town Manager to transfer appropriations budgeted from one account classification or activity to another within any individual department or activity; and, to transfer appropriations from designated appropriations to any individual department or activity. SECTION 5: Savigs/„Rea� ;_Clj c*;. 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 6: 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 7: Effective Date. This Ordinance shall become effective from and after its adoption and publication as required by law. DULY PASSED AND APPROVED BY THE TOWN COUNCIL OF THE TOWN OF PROSPER, TEXAS ON THIS 91h DAY OF NOVEMBER, 2010 AT A MEETING WHICH WAS HELD IN STRICT ACCORDANCE WITH THE TEXAS OPEN MEETING ACT. h ............... RAYS I'I 1,,Mayor RAYS ..:........... ATTEST,' 00"”' i. ............................................. mm n® T o.. .i„,,7hil !4 flY way "Po .'Iv rc u TTHEW D. DENTON, TRMC �„ � Town Secretary pm” Date of Publication Dallas Mornm )Veli ' 1. % Page 2 of 2