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HomeMy WebLinkAboutPO 6293: BUDGET AMENDMENT FOR AMERICAN AIRLINES GUARANTEE City of Port Arthur Finance Department Memorandum To: Floyd T. Johnson, City Manager From: Deborah Echols, Director of Finance Date: January 25, 2013 Re: P.O. 6293 — An Ordinance Amending the Budget to fund the American Airlines guarantee and the Lawton Law Firm contract. Presented for City Council consideration and approval is Proposed Ordinance No. 6293 amending the City's 2012 -2013 General Fund Budget by $300,000 to fund costs relating to the American Airlines revenue guarantee and the Lawton Law Firm contract. 1 P. O. NO. 6293 DE 02.14.13 ORDINANCE NO. AN APPROPRIATION ORDINANCE AMENDING THE GENERAL FUND BUDGET FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2012 AND ENDING SEPTEMBER 30, 2013 BY $300,000 IN ORDER TO FUND THE AMERICAN AIRLINES GUARANTEE AND TO FUND THE LAWTON LAW FIRM CONTRACT 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 18, 2012, the City Council approved and adopted Ordinance 12 -57 which appropriated the 2012 -2013 budget; and WHEREAS, on December 11, 2012 the City Council approved Ordinance 12 -83, amending budget ordinance 12 -57 increasing general fund expenditures $2,500,000 to fund repairs and renovations to the Pleasure Island Marina; and WHEREAS, on January 29, 2013 the City Council approved Ordinance 13 -04, amending budget ordinance 12 -57 increasing general fund expenditures $286,000, to reimburse the United States Environmental Protection Agency (EPA) and the State of Texas for costs related to the State Marine Superfund Site, and $188,000 to fund GIS including a map of the corporate limits of the City of Port Arthur in GIS; and WHEREAS, additional funding is required to pay the $200,000 pledge made by the City Council on September 21, 2012 to guarantee revenue for American Airlines and $100,000 for legal representation. 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 General Fund budget be increased $200,000 to fund the payment to Compass Bank Escrow Agent for the Southeast Texas Coalition For Air Service, LLC guarantee for American Airlines and $100,000 for legal representation from the Lawton Law Firm. Section 3. That Section 2 of Ordinance 12 -57 be amended to read: That there be and is hereby appropriated the sum of Sixty One Million, Six Hundred Fifty Seven Thousand, Four Hundred Seventy Two Dollars ($61,657,472) to the General Fund for the payment of Operating Expenses, and necessary Capital Outlay for the City Government for the following departments: Department/Use Administration $ 2,010,925 City Secretary 1,390,645 City Attorney 676,922 Finance 3,720,693 Human Resources 671,351 Planning 673,709 Neighborhood Revitalization 605,320 Community Services 1,445,109 Civic Center 675,207 Parks rk and Recreation 2,300,985 Library 1,291,000 Police 18,355,980 Fire 11,758,874 Health 2,436,629 Public Works 9,194,123 Transfer to Other Funds 4,450,000 TOTAL $ 61,657,472 Section 4. That a copy of the caption of this Ordinance be spread upon the minutes of the City Council. Section 5. That this Ordinance shall be effective immediately. READ, ADOPTED, AND APPROVED, this 19 day of Fevruary, 2013, AD, at a Regular Meeting of the City Council of the City of Port Arthur, Texas by the following vote: Ayes: Mayor Councilmembers: NOES: Deloris Prince, Mayor ATTEST: Sherri Bellard, City Secretary APPROVED AS TO FORM: M iff Valeci- Tiz:no, Cit, At( ey / /d APPROVED FOR ADMINISTRATION: Floyd T. Johnson, City Manager Deborah Howey Ech • !, Director of Finance 1