HomeMy WebLinkAboutPO 6484: APPROVING AND ADOPTIING A BUDGET, EDC, FISCAL YEAR OCT. 1, 2015 AND ENDING SEP. 30, 2016 P. O. NO. 6484
9/15/2015 lb
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,
2015 AND ENDING SEPTEMBER 30, 2016 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
2015 — 2016 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
15, 2015, and continued for further public comment on September 21, 2015.
NOW THEREFORE, BE IT ORDINED 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 Five Million, Three
Hundred Twenty Four Thousand, Eight Hundred Eighty Two Dollars ($5,324,882).
Section 3. That the funding for a salary increase of 3% for PAEDC staff has been
approved by the PAEDC Board of Directors effective October 1, 2015 contingent on the City
Council approval of the same salary increase for City Staff.
Section 4. 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 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, this day of September, 2015, A.D., at a
Special 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:
Guy N. Goodson, PAEDC Attorney
IAZ
Val Tizeno - ity Attorney
APPROVED AS TO ADMINISTRATION:
Brian McDougal, City Manager
Floyd Batiste, PAEDC CEO
APPROVED AS TO AVAILABILITY OF FUNDS:
Jerry D nterim Director of Finance