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HomeMy WebLinkAboutPO 6927: APPROPRIATION ORDINANCE AMENDING THE PAEDC BUDGET P.O. NO. 6927 1/8/2021 FB/KD ORDINANCE NO. AN APPROPRIATION ORDINANCE AMENDING THE CITY OF PORT ARTHUR SECTION 4A ECONOMIC DEVELOPMENT CORPORATION BUDGET FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2020 AND ENDING SEPTEMBER 30, 2021 BY $8,000 FOR THE GENERAL FUND. WHEREAS, in accordance with Article XII, Section 9, of the City Charter, the City Council may make emergency appropriations from time to time; and WHEREAS, the City Council may make budget amendments for emergencies under Section 102.009 and for Municipal purposes under Section 102.010 Local Government Code; and WHEREAS, on September 15, 2020, the City Council approved and adopted Ordinance 20-83 which appropriated the City of Port Arthur Section 4A Economic Development Corporation's Fiscal Year 2020-2021 budget; and WHEREAS, the existing budget includes funding for salary increases of 2.5% for PAED staff; and WHEREAS, on November 2, 2020, the Board of Directors of the City of Port Arthur Economic Development Corporation approved a salary increase for the PAEDC Chief Executive Officer in the amount of 3.25% effective October 1, 2020, thereby increasing the Fiscal Year 2020-2021 budget by Eight Thousand Dollars ($8,000). 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 City of Port Arthur Section 4A Economic Development Corporation Budget be increased by $8,000.00. Section 3. That Section 2 of Ordinance 20-83 is amended to read: That the budget of PAEDC hereby appropriates the sum of Eight Million, Nine Hundred Twenty-Four Thousand, Seven Hundred Thirty-Eight Dollars ($8,924,738). Section 4. That Section 3 of Ordinance 20-83 is amended to read: That the funding for a salary increase of 2.5% for PAEDC staff and a salary increase of 3.25% for PAEDC Chief Executive Officer has been approved by the PAEDC Board of Directors effective October 1, 2020. Section 5. That a copy of the caption of this Ordinance be spread upon the minutes of the City Council. Section 6. That this Ordinance shall become effective immediately. READ, ADOPTED, AND APPROVED, this day of January, 2021, AD, at a Regular Meeting of the City Council of the City of Port Arthur, Texas by the following vote: Ayes: Mayor: Councilmembers: NOES: Charlotte Moses, Mayor Pro Tem ATTEST: Sherri Bellard, City Secretary APPROVED AS TO ADMINISTRATION: Ron Burton, 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: Kandy Daniel, I i terim Finance Director 1