HomeMy WebLinkAboutPO 6407: ADOPTING A BUDGET FOR THE CITY OF PORT ARTHUR SECTION 4A EDC FISCAL YEAR OCT 1, 2014 AND ENDING SEP 30, 2014 P. 0.6407
Dhe: 09/18/14
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,
2014 AND ENDING SEPTEMBER 30, 2015 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 2014-2015 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 Section 102.009 Local Government Code; and
WHEREAS, the City of Port Arthur Section 4A Economic Development Corporation
Board approved a proposed budget; and
WHEREAS, the City of Port Arthur Section 4A Economic Development Corporation
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 22, 2014.
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 the City of Port Arthur Section 4A Economic
Development Corporation is hereby adopted and approved in the sum of Eight Million, Five
Hundred Eighty Three Thousand, Five Hundred Thirty One Dollars ($8,583,531).
Section 3. That the funding for a salary increase for EDC staff is subject to the
approval of the EDC Board of Directors who have the discretion to give a raise up to 3%.
Section 4. That the Executive Director of the City of Port Arthur Economic
Development Corporation 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 5. That this Ordinance is effective from and after its passage.
Section 6. 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 September, A.D., 2014, at a
Regular Meeting of the City Council of the City of Port Arthur, Texas, by the following vote:
Mayor:
Councilmembers:
NOES:
Mayor Debris Prince
ATTEST:
Sherri Bellard, City Secretary
APPROVED AS TO FORM:
lock_
Val Tizeno - City/Attorney
APPROVED FOR ADMINISTRATION:
John A Comeaux-Interim City Manager
APPROVED FOR THE CITY OF PORT ARTHUR SECTION 4A ECONOMIC
DEVELOPMENT CORPORATION:
Floyd Batiste-Chief Executive Office
APPROVED AS TO AVAILABILITY OF FUNDS:
eborah Echols-Director of Finance