HomeMy WebLinkAboutPO 6725: ADOPTING THE EDC BUDGET P.O. NO. 6725
8/7/2018 FB
ORDINANCE NO.
AN APPROPRIATION ORDINANCE APPROVING
AND ADOPTING A BUDGET FOR THE CITY OF
PORT ARTHUR SECTION 4A ECONOMIC
DEVELOPMENT CORPORATION FOR THE
ENSUING FISCAL YEAR BEGINNING OCTOBER
1, 2018 AND ENDING SEPTEMBER 30, 2019 IN
ACCORDANCE WITH SECTION 12.03 OF THE
BYLAWS OF THE CORPORATION
WHEREAS,the City Council desires to approve and adopt the budget for fiscal year
2018-2019 for the City of Port Arthur Section 4A Economic Development Corporation
("PAEDC"); and
WHEREAS, this Ordinance is necessary for municipal/corporation purposes as
delineated under §102.009 Local Government Code; and
WHEREAS,the PAEDC Board of Directors approved a proposed budget at its August
6, 2018 meeting; and
WHEREAS, the PAEDC budget was included in the City Manager's budget as
submitted to City Council; and
WHEREAS,the City Council conducted a public hearing on the proposed budget on
September 4, 2018.
NOW THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE
CITY OF PORT ARTHUR:
Section 1. That the facts and opinions in the preamble are true and correct.
Section 2. That the budget of PAEDC is hereby adopted and approved in the sum of
Eight Million,Eight I lundred Thirty-Three Thousand,Three Hundred Forty-Four and 00/100
Dollars ($8,833,344).
Section 3. That the funding for a salary increase of 2.5% for PAEDC staff has been
approved by the PAEDC Board of Directors effective October 1,2018, contingent on the City
Council approval of the same salary increase for City staff.
Section 4. That the funding for a salary increase of 31/2% for PAEDC Chief Executive
Officer has been approved by the PAEDC Board of Directors effective October 1, 2018.
Section 5. That the Executive Director of PAEDC shall file a true and correct copy of
the Ordinance and the budget with the County Clerk of Jefferson County, the County Clerk
of Orange County, and with the Texas Department of Economic Development.
Section 6. That this Ordinance is effective from and after its passage.
Section 7. That a copy of the caption of this Ordinance be spread upon the Minutes
of the City Council.
READ, ADOPTED AND APPROVED on this day of A.D., 2018,
at a Meeting of the City Council of the City of Port Arthur, Texas,by the following vote: AYES:
Mayor
Councilmembers
NOES: •
Derrick Freeman, Mayor
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ATTEST:
Sherri Bellard, City Secretary
APPROVED AS TO ADMINISTRATION:
Harvey Robinson, Interim City Manager
Floyd Batiste, PAEDC CEO
APPROVED AS TO FORM:
Guy N. Goodson, PAEDC Attorney
Valecia R. Tizeno, City Attorney
APPROVED AS TO AVAILABILITY OF FUNDS:
Andrew Vasquez, Finance Director
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