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HomeMy WebLinkAboutOrdinance 01-2003 ORDINANCE NO 01-03 AN ORDINANCE ENTITLED "AN ORDINANCE AUTHORIZING A SUPPLEMENTAL APPROPRIATION TO THE 2003 BUDGET FOR THE PURPOSE OF PROVIDING FOR ADDITIONAL FUNDS FOR THE OPERATION OF THE CITY. BE IT ORDAINED BY THE CITY OF BROOKINGS, SOUTH DAKOTA: Section 1. WHEREAS,the Annual Appropriation Ordinance for the year 2003, Ordinance No. 20-02,will be impacted by the need for a basketball floor and goals for the MultiPlex. Section 2. THERE IS HEREBY appropriated for the purpose of maintaining and operating the City of Brookings, an additional sum from the following fund: Capital Reserve(General Fund, MultiPlex Capital) $61,175 Section 3. City Manager is authorized to allow additional funds to be appropriated from the General Fund Capital Reserve for the purchase of a new basketball floor and goals. Section 4. The City Manager is directed to establish a receivable for$61,175 to be repaid by the MultiPlex Board. Section 5. ALL ORDINANCES or parts of Ordinances in conflict herewith are hereby repealed. Section 6. THE CITY CHARTER allows that"if during the fiscal year the City Manager certifies that there are available for appropriation revenues in excess of those estimated in the budget,the City Council by ordinance may make supplemental appropriations for the year up to the amount of such excess". This Ordinance is declared to be for the support of the municipal government and its existing public institutions and it shall be in full force and effect after its passage and publication. FIRST READING: December 17, 2002 SECOND READING: January 14, 2003 PUBLISHED: January 17,2003 CITY OF BROOKINGS i ■ =��tr of eR Mayor rgil Herriott Shari ornes, City Clerk