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17-T-46 budget amendment to fund elevated storage tank repaintingORDINANCE NO. 17 -T -46 AN ORDINANCE BY THE CITY COUNCIL OF THE CITY OF SCHERTZ, TEXAS AUTHORIZING A BUDGET AMENDMENT TO FUND ELEVATED STORAGE TANK REPAINTING; REPEALING ALL ORDINANCES OR PARTS OF ORDINANCES IN CONFLICT WITH THIS ORDINANCE; AND PROVIDING AN EFFECTIVE DATE WHEREAS, pursuant to Ordinance 17 -T -30, the City of Schertz (the "City") adopted the budget for the City for the fiscal year 2017 -2018 (the "Budget , which provides funding for the City's operations throughout the 2017 -2018 fiscal year; and WHEREAS, the City needs to increase the Budget to authorize expenditures of $431,537 for the funding of the Tank Repainting from the Water & Sewer Construction Reserves; and WHEREAS, the City needs to recognize a transfer from construction reserves of $431,537; and WHEREAS, City staff recommends that the City Council of the City adjust the Budget and approve the additional expense; and WHEREAS, the City Council of the City has determined that it is in the best interest of the City to adjust the Budget and approve the budget adjustment for the General Fund for the contract inspection services and the community support services, as more fully set forth in this Ordinance. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF SCHERTZ, TEXAS: Section 1. The City shall adjust the Budget by $431,537 in the Water & Sewer Fund for the Tank Painting. Section 2. The City shall recognize the additional $431,537 in a transfer from construction reserves for the project. Section 3. The recitals contained in the preamble hereof are hereby found to be true, and such recitals are hereby made a part of this Ordinance for all purposes and are adopted as a part of the judgment and findings of the Council. Section 4. All ordinances and codes, or parts thereof, which are in conflict or inconsistent with any provision of this Ordinance are hereby repealed to the extent of such conflict, and the provisions of this Ordinance shall be and remain controlling as to the matters resolved herein. Section 5. This Ordinance shall be construed and enforced in accordance with the laws of the State of Texas and the United States of America. Section 6. If any provision of this Ordinance or the application thereof to any person or circumstance shall be held to be invalid, the remainder of this Ordinance and the application of such provision to other persons and circumstances shall nevertheless be valid, and the City hereby declares that this Ordinance would have been enacted without such invalid provision. Section 7. It is officially found, determined, and declared that the meeting at which this Ordinance is adopted was open to the public and public notice of the time, place, and subject matter of the public business to be considered at such meeting, including this Ordinance, was given, all as required by Chapter 551, as amended, Texas Government Code. Section 8. This Ordinance shall be effective upon the date of final adoption hereof and any publication required by law. PASSED ON FIRST READING, the 14th day of November 2017. PASSED, APPROVED and ADOPTED ON SECOND READING, th�day of 2017. CITY OF SCHBRTZ, TEXAS lchael R. Carpenter, Mayor ATTEST: Brenda Dennis, City Secretary (CITY SEAL) 50558021.1 - 2 -