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HomeMy WebLinkAboutOrd. 20-002Ordinance 20-002 An Ordinance Authorizing Supplemental Appropriation No. 1 to the 2020 Budget Be It Ordained by the City of Brookings, South Dakota: Whereas State Law (SDCL 9-21-7) and the City Charter (4.06 (a) permit supplemental appropriations provided there are sufficient funds and revenues available to pay the appropriation when it becomes due, Now, Therefore, Be It Resolved by the City Council that the City Manager be authorized to make the following budget adjustments to the 2020 budget: Part 1 -Change lncrease/(Decrease) Bob Shelden Capital Project Fund 527-000-4-663-50 Bond Proceeds 2,800,000.00 Bond Proceeds for Bob Shelden design Total Change in R~venue 2,800,000.00 527-000-5-911-00 Buildings & Structures 2,800,000.00 Estimated Construction Cost for Bob Shelden's project Total Change in Expenditures 2,800,000.00 All Ordinances or parts of Ordinances in conflict herewith are hereby repealed. First Reading: Second Reading: Published: January 14, 2020 January 28, 2020 January 31, 2020 CITY OF BROOKINGS Keith W. Corbett, Mayor